Growth Strategy Through Cutting-Edge Technology, Advanced IT, Group Collaboration and Diverse Talent

「Under the Eighth Medium-Term Business Plan, we will create innovative technologies and high-value-added products, including carbon neutrality, the source of our competitive advantage, through a thoroughly strengthened domestic operating structure, and expand our businesses in overseas growth regions by leveraging our competitive technologies, products and talent.」

「Under the Eighth Medium-Term Business Plan, we will create innovative technologies and high-value-added products, including carbon neutrality, the source of our competitive advantage, through a thoroughly strengthened domestic operating structure, and expand our businesses in overseas growth regions by leveraging our competitive technologies, products and talent.」

「In the steel business, we will establish a highly competitive production system after completing structural reform and steadily shift from “volume” to “value.” We will also further expand earnings through our overseas strategy centered on India and other markets, the promotion of DX and the expansion of the solutions business.」

「We will improve cost competitiveness by completing structural reform in the steel business and promoting the DX (digital transformation) strategy, while treating progress toward decarbonization as a business opportunity and pursuing growth strategies including supplying high-value-added products that help reduce environmental impact, such as high-performance electrical steel sheets, and expanding renewable energy generation.」

「We will establish economic sustainability and secure a resilient management foundation by shifting the domestic steel business from volume to value, improving competitiveness and advancing the growth strategy through DX (digital transformation), among other initiatives.」

「During the period of the Sixth Medium-Term Business Plan, in addition to steadily implementing the various initiatives described above, the company steadily advanced initiatives including decisions on structural reform in the steel business, announcing CO2 reduction targets and actively promoting DX, in order to establish a foundation for sustainable growth going forward. Based on these initiatives, it formulated the Seventh Medium-Term Business Plan covering fiscal 2021 through fiscal 2024.」

「There were no material changes to the Group's management policies, management strategies or other related matters during the nine-month period ended [current third quarter].」

「There were no material changes in the management policies, management strategies or other matters established by the group during the first quarter of the current fiscal year.」

「Although we had been advancing initiatives to achieve the measures set out in the Sixth Medium-Term Business Plan (fiscal 2018–2020), the rapid changes in the business environment that were not anticipated when the plan was formulated have made it particularly difficult to achieve the targets for the steel business.」

「The Group will also steadily implement the initiatives set out in the “JFE Group 6th Medium-Term Management Plan,” announced in April 2018, including strengthening domestic manufacturing capabilities, promoting overseas businesses and addressing ESG issues.」

「The Group will also steadily implement the initiatives set out in the “JFE Group 6th Medium-Term Management Plan,” announced in April 2018, including strengthening domestic manufacturing capabilities, promoting overseas businesses and addressing ESG issues.」

「Against this backdrop, the JFE Group is steadily implementing the group-wide initiatives set out in the Sixth Medium-Term Business Plan (fiscal 2018–2020).」

「Under the Sixth Medium-Term Business Plan, we will strategically pursue growth areas by making maximum use of our cutting-edge technological capabilities, advanced IT, group collaboration and diverse talent. By promoting initiatives to enhance corporate value over the medium to long term and contribute to the realization of a sustainable society, we aim to fulfill the JFE Group's corporate philosophy: “We contribute to society with the world's highest level of technology at all times.”」

「Under the Sixth Medium-Term Business Plan, we will strategically pursue growth areas by making maximum use of our cutting-edge technological capabilities, advanced IT, group collaboration and diverse talent. By promoting initiatives to enhance corporate value over the medium to long term and contribute to the realization of a sustainable society, we aim to fulfill the JFE Group's corporate philosophy: “We contribute to society with the world's highest level of technology at all times.”」

「Under the 6th Medium-Term Management Plan, the Group will make maximum use of its “cutting-edge technological capabilities,” “advanced IT,” “Group collaboration” and “diverse human resources” to pursue growth fields strategically.」

「This year, the JFE Group formulated its 6th Medium-Term Management Plan, covering 3 years from fiscal 2018, as its policy for operating its businesses. Under the 6th Medium-Term Management Plan, the Group will make maximum use of its “cutting-edge technological capabilities,” “advanced IT,” “Group collaboration” and “diverse human resources” to pursue growth fields strategically.」