Product Mix Shift Toward High-Grade Steel
First written in FY2018-Q1. 10 of 17 entries say "Advanced", first in FY2018. Latest entry: 2026-11-06.
35 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We will improve profit per tonne of product by expanding sales of high-performance electrical steel sheet, automotive high-tensile-strength steel, thick steel plate for offshore wind power, thick steel plate for new energy applications, seamless pipes and other products, leveraging JFE Steel's technical capabilities and replacing general-purpose export products.」
Regarding the shift toward high-value-added products, specific products targeted for sales expansion were identified, including electrical steel sheet, automotive high-tensile-strength steel, thick steel plate for offshore wind power, thick steel plate for new energy applications and seamless pipes. - FY2026-H1AdvancedAnnual report
「Joint venture agreement for JSW JFE Electrical Steel Nashik Private Limited, a manufacturing and sales company for grain-oriented electrical steel sheet in India 1 August 2025」
Regarding the shift toward high-value-added products, a joint venture agreement with JSW Steel in India for a company manufacturing and selling grain-oriented electrical steel sheet was signed on 1 August 2025. - FY2025RaisedAnnual report
「We will raise the ratio of high-value-added products from the fiscal 2024 result of 48% to 60% in fiscal 2027 and seek to improve profit per tonne of product.」
The target was raised from the previous targets of a high-value-added product ratio of 50% or more and profit per tonne of ¥10,000 to a high-value-added product ratio of 60% in fiscal 2027. The fiscal 2024 result was 48%. - FY2024AdvancedAnnual report
「In India, where electricity demand is expected to grow, we jointly established a company with JSW Steel Limited to manufacture and sell grain-oriented electrical steel sheet.」
The shift toward high-value-added products progressed through the establishment in India of a joint venture for grain-oriented electrical steel sheet, capacity expansion for non-oriented electrical steel sheet in the Kurashiki area, and increased production of heavy-gauge steel plate in large unit weights for offshore wind power. - FY2023AdvancedAnnual report
「In particular, anticipating a sharp increase in demand for high-performance electrical steel sheet driven by global growth in electricity demand and the increasing electrification of automobiles, we will expand our supply capacity and reliably capture growing demand.」
The shift toward high-value-added products progressed through domestic capacity expansion for electrical steel sheet, a basic agreement with JSW to establish a joint venture in India, and expanded distribution and processing centers operated by trading companies. - FY2022AdvancedAnnual report
「Steel business ・Profit per ton ¥10,000/ton ・Segment profit ¥230 billion」
The shift from volume to quality, emphasizing the high-value-added product ratio and profit per tonne, was disclosed with 2021 profit per tonne of ¥14,000 and segment profit of ¥323.7 billion. - FY2021RaisedAnnual report
「We will raise the proportion of high-value-added products, improve our product mix and fundamentally review our selling price structure, while pursuing industry-leading profit per tonne of steel. • Proportion of high-value-added products: 50% or more • Profit per tonne of steel: ¥10,000/tonne」
Under the Seventh Medium-Term Plan, the shift in product mix toward premium steel was raised to quantitative targets of a high-value-added product ratio of 50% or more and profit per tonne of steel of ¥10,000. - FY2020AdvancedAnnual report
「For electrical steel sheet used in motor cores for electric vehicles and other applications, where demand is expected to grow particularly strongly, we will expand our production lines and steadily capture demand.」
The shift in product mix toward premium steel took concrete form in expanded production lines for electrical steel sheet used in electric vehicle motor cores. - FY2018AdvancedAnnual report
「We aim to expand earnings through capacity expansion and the development and production of premium steel.」
The shift in product mix toward premium steel took concrete form in capacity expansion and the development and production of premium steel under the Sixth Medium-Term Management Plan. - FY2018-Q3RestatedAnnual report
「We will continue to develop our manufacturing base to achieve further cost reductions and a stable supply structure, while advancing the shift in product mix toward premium steel and strengthening our competitiveness.」
The policy of strengthening competitiveness through development of the manufacturing base, a shift in product mix toward premium steel and cost reductions has been reaffirmed. - FY2018-Q2RestatedAnnual report
「We will continue to develop our manufacturing base to achieve further cost reductions and a stable supply structure, while advancing the shift in product mix toward premium steel and strengthening our competitiveness.」
The policy of strengthening competitiveness through development of the manufacturing base and a shift in product mix toward premium steel has been reaffirmed. - FY2018-Q1First statedAnnual report
「We will continue to develop our manufacturing base to achieve further cost reductions and a stable supply structure, while advancing the shift in product mix toward premium steel and strengthening our competitiveness.」
Alongside the development of the manufacturing base through equipment upgrades, the conversion of the product mix toward premium steel was identified for the first time as a means of strengthening competitiveness.