Meeting Overseas Demand from Japanese Automotive Parts Manufacturers
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「Automakers, the Group's principal customers, are accelerating the shift of production overseas. Through participation in joint ventures established in China and Thailand, primarily by NIPPON STEEL CORPORATION, the Group will address the diverse and sophisticated needs of local Japanese automotive parts manufacturers overseas.」
The policy of addressing overseas demand from Japanese automotive parts manufacturers through participation in joint ventures in China and Thailand led by NIPPON STEEL CORPORATION is reconfirmed. - FY2022RestatedAnnual report
「Automakers, the Group's principal customers, are accelerating the shift of production overseas. Through participation in joint ventures established in China and Thailand, primarily by NIPPON STEEL CORPORATION, the Group will address the diverse and sophisticated needs of local Japanese automotive parts manufacturers overseas.」
The policy of addressing overseas demand from Japanese automotive parts manufacturers through participation in joint ventures in China and Thailand led by NIPPON STEEL CORPORATION is reiterated. - FY2020Preparation for Withdrawal from Overseas Joint-Venture BusinessesAnnual report
「The company had been underperforming since commencing operations, although an expansion in future performance had been expected. However, due to the impact of the recent global COVID-19 pandemic, a management meeting of NIPPON STEEL CORPORATION held on 4 June 2020 resolved to begin preparations for withdrawing from the business.」
The transition to preparations for withdrawing from the business of an overseas joint venture led by NIPPON STEEL CORPORATION is described, following weak performance and the impact of COVID-19. - FY2017First statedAnnual report
「Automakers, the Group's principal customers, are accelerating the shift of production overseas. Through participation in joint ventures established in China, Thailand and the United States, primarily by NIPPON STEEL CORPORATION, the Group will address the diverse and sophisticated needs of local Japanese automotive parts manufacturers overseas.」
As a measure to address automakers' shift of production overseas, the company has for the first time specifically outlined its response to overseas demand through participation in joint ventures in China, Thailand and the United States.