Synchronizing Export Strategies and Expanding the Local Production-for-Local Consumption Business
First written in FY2016. 6 of 9 entries say "Advanced", first in FY2018. Latest entry: FY2026.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We provide customers with manufacturing bases around the world with high-quality services and JFE-branded steel, including not only materials manufactured by JFEスチール㈱ in Japan but also steel products manufactured at overseas production bases of the steel business and by JFE Group alliance partners.」
The focus has shifted from the previous global four-region structure to global supply chain management for steel products, including products from overseas production bases and alliance partners. - FY2025AdvancedAnnual report
「Overseas, we will promote locally integrated businesses by strengthening processing bases, including through M&A, in areas where demand is growing.」
In addition to expanding the global four-region structure and electrical steel distribution and processing bases, the company indicated a policy of strengthening processing bases, including through M&A, in high-growth overseas regions and advancing locally integrated businesses. - FY2024AdvancedAnnual report
「In addition to the global four-region structure (Japan, the Americas, China and ASEAN), we established our first processing and sales base in Serbia to capture expected growth in demand for electric vehicles in Europe.」
The company expanded its regional footprint to capture demand for electric vehicles by adding processing and sales bases in Europe and Serbia to the existing four-region structure. - FY2023AdvancedAnnual report
「We are working to establish the world's No. 1 global distribution and processing network for electrical steel sheets, with operations at 5 domestic bases and, overseas, at 15 bases in 11 countries, including China, ASEAN, India, Mexico and Canada.」
The world's No. 1 distribution and processing network for high-performance electrical steel sheets has taken shape through 5 domestic bases, 15 bases in 11 overseas countries, and capacity expansions in Nagoya and Zhejiang. - FY2022AdvancedAnnual report
「To establish the world's No. 1 global distribution and processing network for high-performance electrical steel sheets, we are steadily pursuing initiatives in Japan and overseas to capture demand, including investing in an EV motor development company in North America.」
The global four-region strategy has taken shape as a plan to establish the world's No. 1 distribution and processing network for high-performance electrical steel sheets, invest in an EV-related company in North America, and expand processing-centre capacity. - FY2021RaisedAnnual report
「JFE商事㈱ will establish the world's No. 1 global distribution and processing network for high-performance electrical steel sheets.」
The company has moved beyond its previous focus on the global four-region structure and strengthening distribution and processing to set a goal of establishing the world's No. 1 distribution and processing network for high-performance electrical steel sheets. - FY2018AdvancedAnnual report
「In addition, we will promote our global regional strategy and strengthen management under a global four-region structure centred on Japan: Japan, the Americas, China and ASEAN.」
The policy on overseas sales and local production for local consumption has taken shape as stronger regional management under a four-region structure comprising Japan, the Americas, China and ASEAN. - FY2017RaisedAnnual report
「Overseas, we will further deepen the synchronisation of our export strategy with JFEスチール㈱ to increase sales volumes, while moving swiftly to expand local production for local consumption tailored to local markets and customers.」
In addition to synchronising the export strategy, the company indicated a stronger commitment to rapidly expanding local production for local consumption. - FY2016First statedAnnual report
「Overseas, we will further deepen the synchronisation of our export strategy with JFEスチール㈱ to increase sales volumes, while also working to expand local production for local consumption based on local needs.」
Coordination on exports with the steel business and responses to local demand are positioned as overseas initiatives for the trading business.