Company Name: | Metal One Corporation |
Headquarters: | 7-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-7032, Japan Tel: +81-3-6777-2000 Please click here to contact us. |
Established: | January 6, 2003 |
Capitalization: | ¥100 billion |
Shareholders: | Mitsubishi Corporation and Sojitz Corporation |
Scale of business: | Consolidated assets: Approx. ¥1,059.2 billion (for the term ended March 2024) Consolidated revenue: Approx. ¥2,354.4 billion (for the term ended March 2024) |
No. of employees: | Consolidated: Approx. 10,000 (As of April 2024) Non-consolidated: 966 (As of April 2024) |
Directors, Corporate Auditors and Executive Officers: |
President & CEO, Director:Yoshiyuki Watanabe Senior Executive Vice President, Director:Masaaki Bito Special Deputy to the President, CCO, Corporate Supervising Officer (Law, Global Strategy & Administration) Director:Ko Imamura Executive Vice President; Group CEO, Materials Solution Group; Mitsubishi Corporation Director:Koji Ohno Senior Vice President; Division COO, Steel Products Div.; Mitsubishi Corporation Director:Ryutaro Hirai Corporate Advisor; Sojitz Corporation Audit & Supervisory Board Member:Seisuke Sumimoto Audit & Supervisory Board Member:Nobuo Mio General Manager; Materials Solution Administration Dept.; Mitsubishi Corporation Audit & Supervisory Board Member:Yoshiki Manabe Director, Audit and Supervisory Committee Member; Sojitz Corporation Audit & Supervisory Board Member:Mizue Nakazawa Executive Officer; COO, General Accounting Dept., Business Accounting Dept.; Sojitz Corporation Senior Executive Vice President:Eisuke Shiozaki Senior Assistant to the President (Business Transformation), Chief Digital Officer Senior Executive Vice President:Yoshihisa Miyamoto Senior Assistant to the President Managing Executive Officer & CFO:Yoshio Takahashi Corporate Supervising Officer (Corporate Administration, Group Governance), CFO Executive Officer:Takeo Nukui Representative Director, President & CEO; MM & KENZAI Corporation Executive Officer:Masashi Mizuno COO, Plate, Construction & Tubular Products Business Div. Executive Officer:Keita Takai COO, Flat Products Business Div. Executive Officer:Makoto Morita COO, Global Marketing & Energy Project Business Div. Executive Officer:Hitoshi Hattori Chief Regional Officer (North & Central America); President, Metal One Holdings America, Inc.; President, Metal One America, Inc. Executive Officer:Akito Nakamura COO, Global Business Div. Executive Officer:Hirotoshi Kitagaki COO, Wire, Specialty & Stainless Steel Business Div. (As of October 1, 2024) |
January 2003 | Metal One established |
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April 2003 | Mid-term Consolidated Management Plan announced Equity stake taken in the establishment of New Sanko Seisen Limited Equity stake taken in the establishment of NC Network China Inc. |
July 2003 | MC Hanwa (Thailand) Co., Ltd. established in Thailand MC Hanwa Malaysia Sdn. Bhd. established in Malaysia |
September 2003 | First environment-related volunteer activity carried out Line pipe order for Sakhalin 2 natural gas development project received |
January 2004 | Equity stake taken in the establishment of pail manufacturer Japan Pail Corporation NIK Metal Corporation and NI Steel Products Co., Ltd. merge to establish Metal One Steel Products Corporation |
February 2004 | Equity stake taken in the establishment of automotive blanking operation Mizushima Metal Products Corporation |
March 2004 | ISO14001 environmental management system accreditation acquired Watex Corporation established |
April 2004 | Galvart Japan Company Limited established Nissho Iwai Structural Steel Co., Ltd. and MC Metaltech Corporation merge to form Metal One Structural Steel & Resource Corporation |
May 2004 | Metal One Hanwa (Hong Kong) Limited established in Hong Kong |
June 2004 | Equity participation taken in the establishment of hydraulic shovel cabin manufacturer PM Cabin Manufacturing Co., Ltd. in China Nifast Hungary Kft. established to handle automotive fasteners in Hungary |
July 2004 | Equity stake taken in the establishment of Ring Techs Guangzhou Co., Ltd., a steel wheel venture in China |
September 2004 | Automotive steel service center Metal One Service Asia (Foshan, China) established |
October 2004 | Electrical equipment sector service center Hangzhou Metal One Precision Products Co., Ltd. established |
November 2004 | Equity stake taken in Kobe Wire Products (Foshan) Co., Ltd. |
January 2005 | Stainless One Corporation established through mergers and restructuring of stainless steel operations Qingdao Haili Metal One Steel Products Co., Ltd., a service center in China, starts operations. |
April 2005 | MO Nishinihon Steel Center Co., Ltd. established |
July 2005 | Asahi Steel Co., Ltd., MC Metalworks Co., Ltd., and Ryoyo Steel Center Co., Ltd. merge to form Metal One Specialty Steel Corporation Watex’s Hokkaido area operations spun off to form Watex Hokkaido Corporation |
October 2005 | Stake in Osaka Tamatsukuri Kogyo (today's Tamatsukuri Corporation) increased Steel distributor Minmetals Steel Wuhan Co., Ltd. formed in China through a joint venture |
January 2006 | Metal One Stainless (Asia) Pte. Ltd. launched through a merger of three Singapore stainless steel subsidiaries |
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April 2006 | Second mid-term management plan for FY2006-08 formulated |
June 2006 | Chinese stainless steel service center Metal One Precision (Suzhou) Co., Ltd. commences operations |
July 2006 | Ryowa Steel Corporation and Metal One's Mizushima Office merge to form Metal One Ryowa Corporation |
September 2006 | Equity stake taken in the establishment of Nippon Steel Bar & CH Wire (Suzhou) Co., Ltd., manufacturer and retailer of steel wire for cold heading Metal One (Guang Zhou) Commerce established |
October 2006 | Stainless steel service center established in Dongguan, China |
November 2006 | Additional shares acquired in Brazil's Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) |
December 2006 | Equity stake taken in the establishment of Nippon Steel Bar & CH Wire (Thailand) Co., Ltd., manufacturer and retailer of steel wire for cold heading |
January 2007 | Corporate philosophy announced Equity stake taken in the establishment of Neturen America Corporation, a manufacturer and retailer of induction heated, quenched, and tempered wire (ITW) for the automotive sector. Metal One Stainless (Thailand) Co., Ltd. established Metal One Tinplate & Container Corporation formed through mergers and restructuring in the tinplate and container sector Metal One (Beijing) Commerce Co., Ltd. established |
March 2007 | Hangzhou Metal One Steel Plates Processing Co., Ltd., a manufacturer that melt cuts and processes steel plate into parts for construction machinery, established |
April 2007 | Equity participation taken in AOI Co., Ltd. Participation in the project to establish a Pakistani cold rolling mill joint venture Aisha Steel Mills Ltd. |
June 2007 | Metal One Stainless Raw Materials Corporation is formed through the merger of stainless steel scrap operations Vietnamese sheet processing center Hanoi Metal One Steel Center Co., Ltd. starts up |
July 2007 | Equity participation taken in the establishment of Tata Metaliks Kubota Pipes Limited in India |
October 2007 | Nifast India Private Ltd. established to supply automotive fasteners in India |
November 2007 | Metal One Kokko Corporation established jointly with Kokko Sangyo Co., Ltd. |
January 2008 | Suzufuji Steel Service Co., Ltd. and Asami Steel Corporation merged to establish Metal One Steel Service Corporation ELG Nippon Stainless Resources Co., Ltd. formed |
February 2008 | Suzhou Metal One Steel Plates Processing Co., Ltd. established |
April 2008 | Major steel plate manufacturer Seikoh Co., Ltd. acquired Metal One’s specialty steel division merges with Metal One Specialty Steel Equity participation taken in the formation of steel frame fabricator Universal Steel Fabrication Vina-Japan Co., Ltd. in Vietnam |
June 2008 | Metal One Corporation India Pvt. Ltd. established |
November 2008 | Announcement of coordination among and mergers of east China region steel service centers |
April 2009 | Plant tubular products supplier Almana Trading Metal One W.L.L. established in Qatar Stainless One and MC Musashi Co., Ltd. merge their operations |
May 2009 | Steel plate and shape surface treatment company Hakodate Steel Center Corporation established |
July 2009 | Mutual equity swap executed between Shanghai Jiari Precise Steel Sheet Products Co., Ltd. and Suzhou Nippon Steel Service Center Co., Ltd. |
October 2009 | Metal One Tinplate & Container and Tsukuba Tinplate Coil Center Corporation merge, become MOBY Corporation Management Policy 2011 announced |
November 2009 | Equity stake taken in PT Latinusa Tbk, an Indonesian tinplate manufacturer and retailer |
December 2009 | Equity participation taken in the formation of Soluções em Aço Usiminas S.A. (Solutions Usiminas) in Brazil |
April 2010 | Secondary wire product manufacturer Matsubishi Metal Industry Co., Ltd. takes over New Sanko Seisen Limited |
June 2010 | Third mid-term management plan for FY2009-11 announced Metal One takes equity stake in Nippon Steel Pipe Vietnam Co., Ltd., a new steel pipe pile and sheet pile manufacturer in Vietnam |
September 2010 | Sheet processing center Manesar Steel Processing (India) Private Ltd. established |
October 2010 | Equity stake taken in the establishment of U.S. plate processing center Tubular Structures International, LLC |
November 2010 | Metal One Service Center Holdings Corporation established |
December 2010 | Komatsugawa Kohki K.K.'s trade rights on light-gauge shape transferred to Nippon Steel & Sumikin Metal Products Co., Ltd. |
April 2011 | Metal One Pipe & Tubular Products launched through the integration of Metal One's pipe operations with Otofuji Corporation India Metal One Steel Plate Processing Private Ltd. established to handle plate processing for India's construction machinery sector |
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May 2011 | Metal One (Vietnam) Co., Ltd., Metal One's Vietnamese subsidiary, established |
June 2011 | Coilplus Mexicana, S.A. de C.V. begins operations in Mexico |
September 2011 | Metal One Service Asia (Guangzhou, China) Co., Ltd., begins operations in China |
December 2011 | Mitsubishi Corporation Unimetals Ltd. transfers its specialty steel business to Metal One Specialty Steel and its stainless steel business to Metal One |
March 2012 | MODEX Corporation, state-of-the-art warehousing operation, established in South Korea Limited Liability Company Metal One Russia established |
May 2012 | Fourth mid-term management plan for FY2012-14 announced |
August 2012 | Equity stake taken in automotive pipe operation joint venture in Mexico |
September 2012 | Metal One Stainless (Thailand) and Pacific Sheet and Coil (Thailand) Co., Ltd. merge their operations |
October 2012 | Metal One Structural Steel & Resource expands nationwide through restructuring of domestic structural and ferrous raw materials operations |
November 2012 | Metal One Steel Service and MO Nishinihon Steel Center merge Equity stake taken in Kyoei Steel Ltd.'s steel venture in northern Vietnam |
February 2013 | M.O. Tec Corporation becomes Metal One subsidiary through tender offer |
September 2013 | Plate melt-cutting company Metal One Shibaura Brasil Ltda. established in Brazil |
February 2014 | Fastener warehousing and sales company Nifast do Brasil Distribuição Comércio e Importação Ltda. established in Brazil |
July 2014 | Canadian energy tubular wholesaler Cantak Corporation acquired |
November 2014 | All Metal One Structural Steel & Resource Corporation's businesses and Mitsui & Co. Steel Ltd.'s structural steel and metal scrap business merged (now MM&KENZAI Corporation) |
April 2015 | Tokyo headquarters relocated to JP Tower |
May 2015 | New mid-term management plan-Management Plan 2016-announced |
April 2016 | Metal One Service Asia (Wuhan, China) Co., Ltd., China's first inland automotive steel service center, established |
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June 2016 | Metal One Group company offices consolidated in Osaka, Hiroshima and Fukuoka |
January 2017 | Shanghai City authorizes management company Metal One (China) Corporation to serve as regional headquarters in China |
June 2017 | Akasaka Office opened Growth Strategy 2018-our mid-term management plan-is announced |
January 2018 | Cargill's hot sheet rolling processing business acquired |
March 2018 | Metal One subsidiaries in western Japan merged |
April 2019 | Sumitomo and Metal One corporate groups merge their domestic pipe businesses to form Metal One Sumisho Tubular Products Co., Ltd. |
October 2019 | Nicometal Group restructured and given new company name |
November 2019 | Joint stake taken in India's Bigmint Technologies Private Limited |
March 2021 | Nejilaw Inc. and Metal One invest jointly to launch NejiLaw MO IP Innovation |
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April 2021 | Sus-Tech Corporation and Stainless One operations integrated |
September 2021 | Metal One acquires stake in Kyowa Co., Ltd. |