Corporate Profile

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Corporate Profile Corporate Profile (2021.7) Message from the CEO Striving to Become the World’s Number One Ever since Metal One was established in 2003, we have sought to raise the satisfaction levels of our customers and business partners worldwide and provide innovative capabilities and services suited to the changing times as a leading steel distribution company. The goal of the Metal One Group is to become the world’s number one. As a corporate group, we are striving to fulfill the expectations and maintain the trust of all our stakeholders through sustainable growth in our corporate value. The global steel industry is changing faster than ever before. Marshaling Metal One’s total capabilities, we will broadly coordinate and collaborate with our shareholding companies—Mitsubishi Corporation and Sojitz Corporation— to achieve a resilient corporate structure and continuous growth, no matter what environmental changes may occur. With the core principles of our corporate philosophy—“global citizen,” “honesty and virtue,” and “aspirations and creativity”—as the basis for all our group’s activities, we go about our daily work, seeking to contribute to society, earn its trust, and become a sustainable and superior company. Shuichi Iwata We request your continued support in this endeavor. President & CEO, Director President & CEO, Director 2 3 The Metal One Way Fostering the Sustainable Providing Specialized We believe that global competitiveness is the greatest value we can offer our customers. To continue to grow their businesses in Development of the Metal Industry Functions and Services the increasingly competitive environment of the world steel market, as the Customer’s Best Partner and a That Maximize Customer they need to boost their competitive strength by creating products Good Global Citizen Competitiveness with higher added value, building new business models, reducing costs and bolstering sales capabilities. Metal One helps companies multiply their competitive strength and enhance their corporate We will broadly contribute to society in an eff ort to live and Global Citizen value by building a productive value chain through optimized steel Corporate work with the people of the world. distribution. Philosophy Honesty and Honesty and fairness in every respect will be our continuing Virtue source of pride. Aspirations and We will lead the way to a bright and prosperous future in Creativity our pursuit of the ideal market and distribution. Corporate Corporate “Metal Value Optimizer”: Streamlining and renovating the market through Vision Mission value optimization Metal One’s Business Fields Trading (Logistics, processing, sales, and so on) “Metal Market Maker”: Creating a market that will help the growth of the metal industry Mine Steel End-user development manufacturing Trading company Processing and logistics industries Automotive, We chose an entirely new corporate name, Metal One, Mitsubishi Integrated shipbuilding, Corporation, steelmakers, home appliances, to express the spirit of the challenges of: Sojitz electric furnace machinery, Corporation, steelmakers construction other • Joining two organizations with diff erent cultures and histories into one, and having all our employees strive together companies, • Our lofty goal of becoming number one numerically as well as in terms of capabilities, services and customer can manufacturing, oil and gas satisfaction levels in the steel distribution industry Steel sheets, steel plates, steel pipes, wire rods, specialty steel, structural companies, steel, stainless steel, and other products • Our hopes for the birth of a new corporate culture, with the venerable DNA of both Mitsubishi Corporation and electric power Nissho Iwai Corporation (now Sojitz) serving as a stimulus companies, other The company name “Metal One” was chosen from among the ideas submitted throughout the entire company. 4 5 Metal One’s Strengths Metal One’s Business Organization Metal One draws upon the high-value-added capabilities and services it provides as a steel trading company and yields new market value by utilizing its diverse strengths. Metal One handles a broad range of Having Mitsubishi Corporation and Sojitz Corporation as our shareholding companies, we have the strengths of a general trading company with abundant information and steel products worldwide. capabilities. Moreover, with over 150 locations worldwide, we have the strengths of a network that operates businesses globally. Our group’s strengths go far beyond trading, extending to wide-ranging business operations from processing to logistics. Finally, we have assets related to our human Shipbuilding, construction machinery and construction materials resources, who possess expertise and industry knowledge cultivated over many years - Steel plates Steel Plate Business Department and manage numerous domestic and overseas business investment affi liates. - Steel pipes Structural Steel Business Department By leveraging these exceptional, diverse strengths, Metal One contributes to the - Steel construction materials - Steel scrap Tubular Products Business Department business operations of customers in every corner of the world. - Other Steel sheets, automotive and electrical machinery industries The strengths of a general - Automotive steel sheets Automotive & Electrical Industries Steel Business Department trading company - Electrical steel sheets Steel Sheet Business Department Utilizing the capabilities and - Tinplate information of Mitsubishi Corporation and Sojitz - Other Steel Sheet & Plate Global Business Department Corporation The strengths Energy resources and overseas markets of a global network Operating in 150 locations e - Line pipes Energy Project Business Department worldwide u - Oil country tubular goods l (OCTGs) International Steel Products Business Department - Steel plates and sheets The strengths a of a diversified - Structural steel The strengths group v - Semi-fi nished products of superior Mobilizing group affiliates - Other human resources with diverse types of Demonstrating strong businesses w management capabilities, ability to offer proposals, e and sales expertise n Wire, specialty steel and stainless steel - Wire rods Wire & Specialty Steel Business Department g - Specialty steel n Stainless Steel & Titanium Business Department ti - Stainless steel a - Titanium Cre 6 7 Steel Plate Business Dept. Structural Steel Business Dept. Tubular Products Business Dept. Shipbuilding, construction machinery and construction materials Meeting the challenges of heavy industry sectors that include shipbuilding, construction machinery and construction materials We handle steel plates and pipes, construction materials, steel scrap and other products for heavy industry and infrastructure, including shipbuilding, construction and industrial machinery, plants and construction. We have built powerful domestic steel plate sales networks for end users and secondary wholesalers in sectors such as shipbuilding, construction and industrial machinery and heavy equipment, providing services that earn our customers’ trust. We are also deploying the diverse capabilities we have developed in Japan overseas, operating high-value-added businesses— primarily steel plate processing centers—that are rooted in individual markets. Our core steel pipe affiliated company, Metal One Sumisho Tubular Products Co., Ltd. has a leading role when it comes to steel pipe, using robust warehousing, processing and other capabilities and services to operate businesses that handle all aspects of steel pipe as well as supplying a full line of piping equipment and materials. Our affi liate MM&KENZAI Corporation handles the construction industry, supplying H beams, bar steel, columns and various other steel construction materials along with their primary raw material, steel scrap, on a scale unmatched in the industry. Operating through a value chain that extends from upstream to downstream, MM&KENZAI carries out sales that are always attentive to customer needs and with close community ties. At the same time, the company handles the steel scrap that serves as the raw material for Product lines products made in electric furnace, contributing to a true recycling society. Steel plates, steel pipes, steel construction materials, steel scrap, other Next-door service for the shipbuilding sector From steel plate processing to logistics, Metal One carries out integrated operations next to major shipbuilders in Kyushu and elsewhere. We undertake everything from offloading steel plate to shotblasting, rustproofing, cutting and welding, as well as high-value-added processing that involves fabricating steel plate into block assemblies. 8 9 Automotive & Electrical Industries Steel Business Dept. Steel Sheet Business Dept. Steel Sheet & Plate Global Business Dept. Steel sheets, automotive and electrical machinery industries Responding to the automotive sector’s switch to EVs with our overall capabilities Along with steel sheet for the automotive and electrical machinery industries in Japan and overseas, we handle various kinds of steel sheet for construction materials, containers, steel furniture and other purposes. Our business model is based on steel sheet, which has a wide range of uses in sectors that include cars, electrical machinery, construction materials, steel furniture and containers. Our model goes beyond simply trading, however, extending to providing various kinds of added value via the group’s steel service centers. For examples, we naturally provide car manufacturers with stable
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