Development and Expansion of High-Value-Added Products and Differentiation
First written in FY2016. 11 of 18 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
38 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Particularly in the construction industry, where labor shortages due to a declining working-age population are a concern, the Group has carried out development activities for processed construction products that contribute to labor savings and cost reductions at worksites.」
The Group continues to carry out development activities for processed construction products that contribute to labor and cost savings at construction sites. - FY2025AdvancedAnnual report
「As the domestic market for reinforcing steel bars rapidly contracts, the Group will continue to position its processed-products business as the core of its growth strategy and focus on developing new products, reducing labor requirements at construction sites, and products that meet demand for national resilience.」
The Group explicitly positions its processed-products business as the core of its growth strategy and has given concrete focus to new products addressing labor savings at construction sites and demand for national resilience. - FY2025-H1RestatedAnnual report
「The Group focused on expanding sales of processed products that contribute to labor savings at construction sites.」
The Group continues to pursue differentiation through the expansion of high-value-added and processed products, and is focusing on expanding sales of processed products that contribute to labor savings at construction sites. - FY2024AdvancedAnnual report
「This was mainly attributable to an increase in sales volume of processed products resulting from the focus on selling high-value-added products.」
The Group states that it focused on selling high-value-added products, resulting in an increase in the sales volume of processed products. - FY2023AdvancedAnnual report
「Research and development during the current consolidated fiscal year included initiatives focused on manufacturing technology development and expanding sales of products, as well as joint research activities conducted through industry-academia collaboration with a local university.」
As initiatives to increase value and expand the product lineup, the Group carried out manufacturing technology development, expanded sales of products, and conducted joint research through industry-academia collaboration with a local university. - FY2022AdvancedAnnual report
「Research and development during the current consolidated fiscal year included trial production and obtaining ministerial certification to expand the lineup of existing products at the Nagaoka Rolling Mill, where major equipment upgrades were carried out in the previous consolidated fiscal year. In addition, as part of the Group’s long-term vision of “bonds with local communities and business partners,” the Group launched and developed a project involving industry-academia collaboration with a local university.」
At the Nagaoka Rolling Mill, the Group advanced trial production to expand the lineup of existing products and worked to obtain ministerial certification, making concrete the development of high-value-added and differentiated products. - FY2022-Q2AdvancedAnnual report
「The Company entered into a Basic Business Alliance Agreement and a Joint Venture Establishment Agreement with Kyowa Concrete Industry Co., Ltd. on 27 July 2021 and established the joint venture as follows.」
The establishment of a joint venture for the research and development, manufacture, and sale of reinforced-concrete structures advanced from the contract-signing stage to an implemented initiative. - FY2022-Q1AdvancedAnnual report
「The Company, which has technology and expertise in the manufacture and processing of reinforcing steel, and Kyowa Concrete Industry Co., Ltd., which has technology and expertise in manufacturing concrete products, aim to promote the research and development, manufacture, and sale of reinforced-concrete structures by combining their respective strengths to address issues facing skilled workers and challenges related to strengthening national resilience.」
The Group is making concrete its new initiative involving the research and development, manufacture, and sale of reinforced-concrete structures and other processed and composite products through the establishment of a joint venture with Kyowa Concrete Industry. - FY2021AdvancedAnnual report
「For sections, the Group is focusing on developing new sizes of irregular-shaped sections.」
As a specific initiative to increase value and develop new products, the Group identifies the development of new sizes of irregular-shaped sections. - FY2021-Q2AdvancedAnnual report
「Against this backdrop, the Group worked to expand sales of processed products and further reduce costs. Although sales volumes and selling prices of material products declined from the same quarter of the previous year, lower prices for key raw materials, materials and energy, reductions in costs such as material consumption rates, and higher sales volumes of processed products resulted in revenue of ¥10,694 million, down 5.5% year on year, and ordinary profit of ¥692 million, up 65.5% year on year, for the cumulative second quarter of the current fiscal year.」
The Group states that it worked to expand sales of processed products and increased their sales volume. Although sales volumes and selling prices of material products declined, the resulting ordinary profit was ¥692 million, up 65.5% year on year, including the increase in processed-product sales volume. - FY2021-Q1AdvancedAnnual report
「Based on this long-term vision, the Group is strengthening its business in order to contribute to society by providing customers not only with steel material products but also secondary processed products such as special bolts and various mesh and hoop products, thereby contributing to national resilience against disasters and providing solutions to supply constraints caused by a declining working population.」
The Group is making concrete its direction of providing secondary processed products, including special bolts and mesh and hoop products, in addition to steel material products, through the acquisition of Cortex as a wholly owned subsidiary. - FY2019RestatedAnnual report
「Within its integrated operations ranging from steel materials to processed products for civil engineering and construction, the Group seeks to develop and expand higher-value-added products, differentiate itself from competitors, establish competitive advantages, and stabilize and strengthen its operating foundation.」
As before, the Group continues to pursue the development and expansion of high-value-added products, differentiation, and the securing of competitive advantages by leveraging its integrated operations. - FY2018RestatedAnnual report
「Within its integrated operations ranging from steel materials to processed products for civil engineering and construction, the Group seeks to develop and expand higher-value-added products, differentiate itself from competitors, establish competitive advantages, and stabilize and strengthen its operating foundation.」
The Group continues to identify the development and expansion of high-value-added products and differentiation as basic directions for strengthening its operating foundation. - FY2017RestatedAnnual report
「Within its integrated operations ranging from steel materials to processed products for civil engineering and construction, the Group seeks to develop and expand higher-value-added products, differentiate itself from competitors, establish competitive advantages, and stabilize and strengthen its operating foundation.」
The Group continues to identify the development and expansion of high-value-added products and differentiation from competitors as directions for strengthening its operating foundation. - FY2016First statedAnnual report
「Within its integrated operations ranging from steel materials to processed products for civil engineering and construction, the Group seeks to develop and expand higher-value-added products, differentiate itself from competitors, establish competitive advantages, and stabilize and strengthen its operating foundation.」
The Group indicates that it will use its integrated operations from materials through processed products to create higher value and differentiate itself from competitors, thereby stabilizing and strengthening its operating foundation.