News release

Metal One Specialty Steel Corporation and Metal One Steel Products Corporation Merge

This is to provide notice that Metal One Corporation (headquartered in Chiyoda-ku, Tokyo, Yoshiyuki Watanabe, CEO) will be launching a new company through the merger of Metal One Specialty Steel Corporation (headquartered in Osaka, Koji Okuyama, president) and Metal One Steel Products Corporation (headquartered in Chiyoda-ku, Tokyo, Atsushi Ichikawa, president) on April 1, 2026.

Merger Aims
Business conditions in the wire and specialty steel market have been changing rapidly, and competition is projected to become increasingly tough. By integrating companies that have both developed specialized products and services and sales networks, this merger is meant to build even more robust business foundations. The new company will demonstrate distribution and processing capabilities that cover every aspect from upstream to downstream, based on demand for parts.

The new company will make optimal use of management resources that its predecessors have cultivated, and strengthen its capabilities and specializations to build systems that respond effectively to requests from market participants.

Merger Date
April 1, 2026

New Company Profile

Company name To be decided following discussions
Headquarters address JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo
Representative’s name and title To be decided following discussions
Capitalization 500 million yen
Shareholders Wholly owned by Metal One Corporation
Sales volume Approximately 170 billion yen
Note: Pending items will be announced as needed and appropriate.
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Inquiries regarding this press release:
Hajime Kimura or Toshiyuki Higuchi
Corporate Communications Unit, Corporate Administration, Safety & Health Department, Metal One Corporation
Phone: 03-6777-2816    / Email: mo.pr@mtlo.co.jp

 

For reference: Profiles of the companies involved

Company name Metal One Specialty Steel Corporation
Headquarters addresses Osaka: Nakanoshima Central Tower, 2-2-7 Nakanoshima, Kita-ku,
Osaka, Osaka Prefecture
Tokyo: JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo
Representative’s name and title Koji Okuyama, representative director and president
Business lines Domestic sales of specialty steel, cast and forged products, ordinary steel, non-ferrous metals, machinery, processed steel products, steel structures, as well as trade operations
Capitalization 500 million yen
Shareholders Wholly owned by Metal One Corporation
Date of establishment July 2005
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Company name Metal One Steel Products Corporation
Headquarters addresses Osaka: Nakanoshima Central Tower, 2-2-7 Nakanoshima, Kita-ku, Osaka, Osaka Prefecture
Tokyo: JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo
Representative’s name and title Atsushi Ichikawa, president and director
Business lines Domestic sales, import and export of steel products
Capitalization 480 million yen
Shareholders Wholly owned by Metal One Corporation
Date of establishment December 1969
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