Shift toward a demand-side approach to metals and strengthening processing and value-chain capabilities
First written in FY2017. 3 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020AdvancedAnnual report
「Major investment and financing track record (April 2018–March 2020): investment in an Indian specialty steel business and a Norwegian oil and gas-related venture」
As part of expanding value-chain solutions originating with metals, we invested in an Indian specialty steel business and a Norwegian oil and gas-related venture. - FY2019AdvancedAnnual report
「We invested in a Norwegian start-up developing equipment systems for oil and gas wells. Through the innovative equipment systems developed by the company, we will provide solutions that improve oil and gas well productivity and enable safer and more stable operations.」
We expanded our efforts beyond trading and processing metal products to providing solutions that improve productivity and safety through equipment systems for oil and gas wells. - FY2018AdvancedAnnual report
「In the steel pipe business, to further expand the value chain and strengthen services and capabilities in our North American steel pipe business, we acquired a major US oil country tubular goods distributor with a nationwide network of locations, sales and logistics, as well as a broad customer base.」
We acquired a North American oil country tubular goods distributor as part of our move to strengthen value-chain capabilities, including processing, logistics and customer relationships, rather than simply selling metals. - FY2017First statedAnnual report
「We shifted our focus from the supply-side approach of “selling metals” to the demand-side approach of “using metals” and focused on providing new value that meets customers' diverse needs, including by strengthening our processing capabilities.」
We entered the railroad axle processing business on the US West Coast, invested in a German automotive parts manufacturer, and began commercial production at a steel pipe fittings processing company in Brunei.