- Business
- Yamato Kogyo Co., Ltd. (5444.T) serves as a holding company that engages in the manufacture and sale of steel products and railway track accessories through its subsidiaries in Japan and internationally. The company produces a wide range of structural steel including H-beams, I-beams, channel steel, steel sheet piles, equal angles, patterned H-beams, rolled steel for shipbuilding, cast steel products, stern frames, rudders, steering engines, heavy-duty machining components, and counterweights; it also supplies railway trackwork materials such as turnouts, expansion joints, NEW crossings, glued insulated rails, anti-derailing guards, tie plates, and bolts; additional operations encompass transportation, medical waste treatment, and real estate leasing. Founded in November 1944 and headquartered in Himeji, Hyogo Prefecture, Japan, Yamato Kogyo operates production facilities in Japan, the United States (via Nucor-Yamato Steel), South Korea (YK Steel), Thailand (Siam Yamato Steel), Bahrain (SULB), Saudi Arabia (Saudi Sulb), Vietnam (POSCO Yamato Vina Steel), Indonesia (PT Garuda Yamato Steel), and pursues expansion in growing markets like India. Recent developments include the establishment of PT Garuda Yamato Steel in Indonesia in May 2024 to capture ASEAN demand; a capital and business alliance with Hyoki Kaiun K.K. concluded on January 31, 2025, to enhance logistics via domestic coastal vessels operational mid-2025 and address truck driver shortages; equity investment in U.S. startup Electra for clean iron production technology; renewal of straighteners completed June 2024 and ongoing rolling line upgrades; and planning for collaborations with JFE Steel Group and entry into India via M&A under Vision 2030 for 8 million tons structural steel capacity.