- CEO
- Jun Yamaguchi
- Full Time Employees
- 3,864
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Daiwa Tsukishima Building Tokyo TY Japan 104-8550
- IPO Date
- Apr 9, 1951
- Business
- Mitsubishi Steel Mfg. Co., Ltd. manufactures and sells specialty steel products, springs, formed and fabricated products, and machinery and equipment primarily for the automotive and construction machinery industries. The company produces hot-rolled special steel bars for construction machinery and automotive parts; special steel bars for industrial machinery; non-heat treated steel products; coil springs, heavy-duty coil springs, leaf springs, coiled wave springs, flat springs, super alloy springs, and wire springs; stabilizer bars; insert molded parts; high-precision assemblies; precision and wear-resistant castings; special steel forgings; special materials and machined products; special alloy powders; permanent magnets and magnet application parts; forging presses; forging manipulators; ring rolling mills; cold forging presses; magnetic separators; link conveyors; buckets; vibration isolators; scaling systems; outer casings for gas turbines; and pressure vessels. It operates through Special Steel Business, Springs Business, Formed & Fabricated Products Business, and Machinery Business segments, with sales offices and service centers across Japan including Sapporo, Tomakomai, Morioka, Sendai, Niigata, Tokyo, Nagoya, Hokuriku, Osaka, Okayama, Hiroshima, and Fukuoka; works in Chiba and Hirota; and international subsidiaries in North America, Mexico, Thailand, and India. Founded in 1917 and headquartered in Tokyo, Japan, the company employs 3,841 people on a consolidated basis and generates annual sales of ¥159.5 billion. Recent developments include expansion of the production line for special alloy powder products; capital increases for North American subsidiaries and MSSC MFG MEXICANA, S.A. DE S.V.; strengthening of the springs business in India through a new coil spring factory for its Indian joint venture; opening of a new coil spring factory by the Indian joint venture; consolidation of R&D functions at the Research and Development Center; introduction of an AI-powered patent search system; and receipt of multiple quality awards from customers such as Isuzu Motors, Nissan Motor, Toyota Motor North America, Komatsu, and Fujifilm Optics Philippines.