Chubu Steel Plate Co.,Ltd.

The business described in this report comprises the filing company and its 4 consolidated subsidiaries. Centered on the steel-related business, the Group also operates rental, logistics and engineering businesses. The steel-related business manufactures and sells thick steel products produced in electric furnaces, using ferrous scrap as the primary raw material. The rental business provides grease-filter rentals for commercial kitchens and operates an advertising-sign business. The logistics business provides transportation and cargo-handling services, including hazardous-materials warehousing. The engineering business designs, constructs and maintains plants, primarily steel-related facilities. Over the medium to long term, the Group will pursue a medium-term plan focused on decarbonization and strengthening its operating base, based on capturing overseas demand and ensuring the stable operation of its new electric furnace. The plan has 3 basic policies: selling 800,000 tons of steel products, addressing decarbonization, and building a sustainable operating base. As targets under the 24 Medium-Term Management Plan, the Group aims for a market capitalization of ¥100 billion and has established the following key KPIs. Major customers and transactions are shown separately, as indicated.