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September 8, 2020

Important Announcement

We, TOKYO BOEKI MATERIALS LTD. learned of a phishing invoice email scam reported by our customer in Australia today.

Fortunately, prompt report by our customer helped us to detect the fraud in advance and managed to avoid any loss.

We are reporting this matter to the police and consulting with our IT department at this moment.

The fraud email was sent from domain, @tokyo-beoki.com which was created in the U.S. today.

We do not communicate using this domain.

Please do not respond to the email or communicate with the sender, and do not provide the sender with any personal or financial information.

For inquiries concerning this matter, please contact:

TOKYO BOEKI MATERIALS LTD.
Administration Division
Kazuhiko Hasegawa
hasegawa@tokyo-boeki.co.jp
TEL 81-3-6841-8185

June 10, 2020

The Board Directors Appointment

Tokyo Boeki Materials Ltd. and Tokyo Boeki (China) Ltd.
Official Announcement at the Annual General Meeting (held in June 2020)

【Tokyo Boeki Materials Ltd.】
Representative Director　Hiroshi Shigezumi (President & C.E.O.)
Director　Takashi Imoto
Director　Shingo Nakagawa
Auditor　Hideyuki Kikuchi

【Tokyo Boeki (China) Ltd.】
Chairman　Masaaki Sugihara
Director　Gao Jiancheng
Director　Hiroshi Shigezumi
Director　Takashi Imoto
Auditor　Yuta Minoshima

July 16, 2019

Shanxi Jindi Coal Complex Project has commenced commercial production of coking coal.

The China Coal Complex Project commenced commercial production of coking coal in June this year.
The Project plans to produce 1 million tons of high grade coking coal this fiscal year, and in the near future production will be expanded to 3 million tons annually.
We will expand and develop the Project, including sales to Japan, through further collaboration with the project partners.

With Mr. Zhang, chairman and Mr. Hu, Vice chairman of Jindi

With Mr. Kong, Chairman of Jincheng

With Mr. Ma, General Manager of Jindi, and General Manager of Mine.

June 24, 2019

The Board Directors Appointment

Tokyo Boeki Materials Ltd. and Tokyo Boeki (China)Ltd.
Official Announcement at the Annual General Meeting (held in June 2019)

【Tokyo Boeki Materials Ltd.】
Representative Director Hiroshi Shigezumi(President & C.E.O.)
Director Takashi Imoto
Director Shingo Nakagawa
Auditor Mitsutaka Aoki

【Tokyo Boeki (China) Ltd.】
Chairman Masaaki Sugihara
Director Hiroshi Shigezumi
Director Takashi Imoto
Director Gao Jiancheng
Auditor Yuta Minoshima

January 31, 2019

New Year’s Conference of Tokyo Boeki Materials in 2019

On January 12, 2019, we held the Annual New Year’s Conference of Tokyo Boeki Materials.

15 managers from the Tokyo Headquarter and domestic sales offices have attended the conference.
President and CEO, Mr. Shigezumi, released the New Year’s Guidelines，and delivered the opening speech on the current situation and the future direction of Tokyo Boeki Group and Tokyo Boeki Materials Group.
Then each department made presentations about specific measures for the 5th Mid-term business plan. Every department shared goals and tasks, and we had lively exchange of discussions.

Based on corporate philosophy and VISION renovated in 2017, we determined our will to go forward with the aim of creating new values, contributing to society and achieving sustainable growth.

June 20, 2018

The Board Directors Appointment

Tokyo Boeki Materials Group
Official Announcement at the Annual General Meeting (held in June 2018).

【Tokyo Boeki Materials Ltd.】
Representative Director Hiroshi Shigezumi(President &C.E.O.)
Director Takashi Imoto
Director Shingo Nakagawa
Auditor Mitsutaka Aoki

【Tokyo Boeki (China) Ltd.】
Chairman Hirofumi Yanagawa
Director Hiroshi Shigezumi
Director Takashi Imoto
Director Fan Hua
Director Gao Jiancheng
Auditor Takashi Ikeda

【Tokyo Boeki (Beijing) Ltd.】
Chairman Hirofumi Yanagawa
Director Hiroshi Shigezumi
Director Takashi Imoto
Director Gao Jiancheng
Auditor Takashi Ikeda

January 13, 2018

New year conference of Tokyo Boeki Materials Group in 2018

On January13, 2018, we held the Annual New Year Conference of Tokyo Boeki Materials Group. Our business unit leaders from the headquarters and its domestic and overseas sales offices participated to the conference.

Following the New Year Guidelines by Mr. Shigezumi, President & CEO, each business unit made presentations of the 5th Mid-term Management Plan and specific measures for the VISION 2020. Through the meeting, we had lively discussions how to achieve the goals, and we share the expansion strategies.

We had a group discussion for understanding our new company philosophy and the VISION, and we discussed a concrete measures to put each person into action.

November 10, 2017

Tokyo Boeki Group celebrated its 70th anniversary

Tokyo Boeki Group celebrated its 70th anniversary on October 30, 2017.
To commemorate this, we held “The 70th Anniversary Ceremony” in Palace Hotel Tokyo on November 10th. Totally 800 employee took part in the ceremony from both domestic and overseas offices.

The anniversary ceremony began with group company flags entering, and greetings from Mr. Kato, president of Tokyo Boeki Holdings, and introduction of guests(OB), introduction of the achievement of Mr. Yasuo Matsumiya, a founder, and Mr. Hiroshi Machida, a supreme advisor and director, followed by a long service employment award was given. "The future image towards the 75th anniversary" was presented by the presidents of each group companies.

Anniversary Ceremony

Mr. Shigezumi,
President ＆ C.E.O. of TML

The anniversary ceremony with variety of tasteful programs were took place. In the introduction of Tokyo Boeki Materials by a joyful short movie made by young employees, was greatly accepted at the ceremony.

Anniversary Celebration

Introduction of TML
by young employees

After the anniversary ceremony, events of each group company were held. We, Tokyo Boeki Materials enjoyed a bowling competition and a cerebration dinner party, together with 14 staff from Tokyo Boeki China Ltd., and deepened our friendship.

Through attending the anniversary ceremony, we thank our predecessors and we, as a member of the Tokyo Boeki Group, pledged to develop for the 100th anniversary.

June 9, 2017

The Board Directors Appointment

Tokyo Boeki Materials Group
Official Announcement at the Annual General Meeting (held on 9th of June 2017).

【Tokyo Boeki Materials Ltd.】
Representative Director Hiroshi Shigezumi President & C.E.O.
Director Takashi Imoto
Director Tsunetoshi Sakai
Auditor Mitsutaka Aoki

【Tokyo Boeki (China) Ltd.】
Managing Director Hirofumi Yanagawa
Director Hiroshi Shigezumi
Director Takashi Imoto
Director Fan Hua
Director Gao Jiancheng
Auditor Takashi Ikeda

【Tokyo Boeki (Beijing) Ltd.】
Managing Director Hirofumi Yanagawa
Director Hiroshi Shigezumi
Director Takashi Imoto
Director Gao Jiancheng
Auditor Takashi Ikeda

【Tokyo Boeki(Australia)Pty.Ltd.】
Managing Director Hiroshi Shigezumi
Director Takashi Ikeda
Director (Residential) Con Moshopoulos Johnson Partners Pty Ltd Partner

January 1, 2017

Notice of Company Name Change and Office Relocation

We are pleased to announce that our company name changed from Tokyo Boeki Steel & Materials Ltd. to “Tokyo Boeki Materials Ltd.”and our head office relocated to the following adresss on January 1st, 2017.

Taking this opportunity, we would like to express our sincere appreciation for your continued support.

【New company name】
Tokyo Boeki Materials Ltd.

【New adress】
28F KYOBASHI EDOGRAND, 2-2-1 Kyobashi, Chuo-ku, Tokyo, 104-0031, Japan
TEL：03-6841-8100
FAX:03-6841-8106

April 1, 2016

The Board Directors Appointment

Official Announcement at the Extraordinary general meeting of shareholders (held on 1st of April 2016).

Representative Director Hiroshi Shigezumi (President & C.E.O.)
Director Hirofumi Yanagawa
Director Tsunetoshi Sakai
Auditor Toshihiko Kezuka

July 1, 2015

The Board Directors Appointment

Official Announcement at the 9th Annual General Meeting (held on 12th of June 2015)

Representative Director Hiroshi Shigezumi (President & C.E.O.)
Director Hirofumi Yanagawa　
Director Tomihiro Kato
Auditor Toshihiko Kezuka

＊Masayoshi Tanaka resigned from the director position and took office as an advisor.

April 1, 2015

Change of President & C.E.O.

As of April 1, Tokyo Boeki Steel & Materials Ltd. announces change of President & C.E.O. as follows

Hiroshi Shigezumi
President & C.E.O.
〔Previous position: Director, Executive General Manager,Business Headquarters〕

Masayoshi Tanaka
Member of the Board, Advisor〔Previous position: President & C.E.O.〕

Hiroshi Shigezumi　　　　　　　Masayoshi Tanaka

January 20, 2015

New Year Conference of Tokyo Boeki Steel & Materials Group in 2015

On January17, 2015, we held the Annual New Year Conference of Tokyo Boeki Steel & Materials Group at the Tokyo Headquarters. Our business unit leaders from TBSM headquarters and its domestic sales offices participated to the conference. Also, the representative from Tokyo Boeki Australia, Tokyo Boeki (China), Tokyo Boeki (Beijing) took part in the conference through a web conference system.

Following the New Year Guidelines by Mr. Tanaka, President & CEO, and announcement of 4th Mid-Term Business Plan by Director, Mr. Shigezumi, Our General Managers of each business unit made presentations on results of the 3rd Mid-term Management Plan and targets of the 4th Mid-Term Business Plan.
Through the meeting, we had lively discussions how to achieve the goals, and we share the expansion strategies. In 2015, it is important year for us, as we conclude the 3rd Mid-Term Business Plans and go into 4th Mid-Term plans. We will unite our efforts to promote the business stabilization and restructuring of our sales revenues.

New-year greetings from the president of Tokyo Boeki Steel & Materials in 2015

Tokyo Boeki Steel & Materials Ltd.
President & CEO: Masayoshi Tanaka

I would like to wish everyone a happy new year and will be well throughout this year.

Year 2015 is a year of sheep. As we read a newspaper, it said that sheep year is comparatively a calm and stable year.
The Nikkei Stock Average up and 17,000 yen - 21,000 yen, Japanese economy growth of 1.5%, also American economy is 3.0% of growth and we expect Chinese economy growth of 7%. We see the US$/Yen exchange rate is somewhere around 120 yen, and everyone wish no further weakness of Japanese yen. I think we all expect a stable and calm year.
As for Tokyo Boeki Steel & Material Ltd. 2015 is a milestone as it is the last year of The Third Mid-term Management Plan, and from April, we start the 4th Mid-term Management Plan. We have many challenges this year and we endeavor to create a new global business.
According to the New-year greetings from Mr. Machida, Chairman & CEO, Tokyo Boeki Holdings Ltd., Tokyo Boeki Group, we aim to achieve the Tokyo Boeki’s “30 Years Vision” which was enacted in 2007. At this moment, we still make our business foundation, but if all of us would continue to make our effort in next 20 years we achieve our goals. We will create our original products for self-sustaining. We cover production to sales and manage entire business by ourselves. Our predecessor with Tokyo Boeki’s tradition in mind, they made new business strategy by themselves, found the technologies, raised funds and created new business models. It is important for us to create businesses which remain to posterity. I hope everyone will participate and contribute to achieve the “30 Years Vision”.
I am also wishing you have healthy and prospective year 2015.

*This message was addressed to all officers and employees by President & CEO Masayoshi Tanaka on January 5, 2015.

December 15, 2014

Inter.noise 2014

We co-exhibited with Nippon Steel & Sumitomo Metal Products Ltd.(NSMP) to present their road products at the 43rd International Congress on Noise Control Engineering from November 16th to 19th, 2014.
Inter.noise is an annual global conference to discuss the latest advancements in noise and vibration control engineering and technology.
It was held in Melbourne, Australia this year and a number of both domestic and international attendees including scholars, engineers, consultants, and contractors gathered there.
We exhibited NSMP’s road noise reduction products, and due to its unique shape and specification, the Noise Reducer attracted the most interest from those who visited our booth.
We will continue our effort to promote the export of NSMP’s road environmental products to Australia and other countries.

Inter.noise2014　

Noise Reducer

June 16, 2014

The Board Directors Appointment

Tokyo Boeki Steel & Materials Group
Official Announcement at the Annual General Meeting (held on June 2014).

【Tokyo Boeki Steel & Materials Ltd.】
Representative Director Masayoshi Tanaka
Director Hiroshi Shigezumi　
Director Hirofumi Yanagawa
Auditor Toshihiko Kezuka

【Tokyo Boeki (China) Ltd.】
Managing Director Fan Hua
Director Hiroshi Shigezumi
Director Kazuhisa Hiratsuka

【Tokyo Boeki (Beijing)Ltd.】
Managing Director Hiroshi Shigezumi
Director Gao Jiancheng
Director Hirofumi Yanagawa

【Tokyo Boeki (Australia) Pty. Ltd.】
Managing Director Hiroshi Shigezumi
Director Toru Yoneda
Director Wataru Kozato

June 16, 2014

Replacement of Chief Representative, Jakarta Representative Office

As of April 1, 2014, Moto Hayase replaced Masa Kobayashi of Chief Representative of Jakarta Representative Office.

［JAKARTA REPRESENTATIVE OFFICE］
Tokyo Boeki Steel & Materials Ltd.　Jakarta Representative Office.
Sentral Senayan II, 16th Floor, Jl. Asia Afrika No. 8,
Gelora Bung Karno, Senayan, Jakarta Pusat 10270, Indonesia

Chief Representative：Moto Hayase
TEL：+62 21 2924 1974
FAX：+62 21 2924 1980
E-mail：hayase@tokyo-boeki.co.jp

Feb. 28, 2014

A new start for Tokyo Boeki Holdings! Capital increased to 5 billion yen.

Tokyo Boeki Holdings Corporation　had a new start with capital increase to 5 billion yen　through the approval of the extraordinary general meeting of shareholders on February 14, 2014.

January 22, 2014

New Year Conference of Tokyo Boeki Steel & Materials Group in 2014

On January18, 2014, we held the Annual New Year Conference of Tokyo Boeki Steel & Materials Group at the Tokyo Headquarters. Our business unit leaders from TBSM headquarters and its domestic sales offices participated to the conference.

In addition, the representative from Tokyo Boeki Australia, Tokyo Boeki (China), Tokyo Boeki (Beijing) and the overseas offices in Hanoi (Vietnam) and Jakarta (Indonesia) took part in the conference through a web conference system.

Following the announcement of the New Year Guidelines by Mr. Tanaka, President & CEO, General Managers of each business unit made presentations on the current issues and the business strategies for the fiscal year 2014, the final year of The Third Mid-term Management Plan.

Tokyo Boeki Steel & Materials Ltd.
President & CEO: Masayoshi Tanaka

New-year greetings from the president of Tokyo Boeki Steel & Materials in 2014

I would like to wish everyone a happy new year.

As I said a year ago, “the five-year cycle theory suggests that things will turn better from 2014”, the Nikkei Stock Average exceeded 16,000 yen and the Japanese economy is showing signs of recovery.When you look at the situation of the world, the US economy continues its moderate recovery led by firm demand private sector, and the European economy is showing good sign after its long economic downturn.On the other hand, the growth of economies of developing countries such as India, Vietnam and Indonesia where our overseas offices are located, are continuing growth even though facing difficult situations caused by their trade deficit, weak currency and inflation.Japanese companies find needs in various fields and penetrate the Southeast Asian market under these circumstances. We need to take advantage of our overseas bases, cultivate customer needs and develop new businesses.What matters the most having “the world view” and “the macro perspective”. If you lack of these you become short-sighted, and then you might lose the sight of future.I think how you move in your long life depends on your world view. At the New Year starts, we need to broaden our views by reading a variety of articles written by knowledgeable people.

According to the New-year greetings from Mr. Machida, Chairman & CEO, Tokyo Boeki Holdings Ltd., Tokyo Boeki Group achieves steady growth. We have to end this year with a good result which is the second year of The Third Mid-term Management Plan, and we will accomplish the third year plan and conclude successfully the mid-term plan.

This year, we will do well-balanced management. The key word is “Business structural reforms” to achieve a plan.As one of the structural reforms, we will get started changing the in-house structure. This structure change will give junior staffs and female employees to more business opportunities. Metabolism is one of the most important things in business.If you take a courageous action, something will happen. A company has to create human resources its needs.Our work is not being conservative but being creative. I expect your experiences and efforts will be turned into inspiration and courage.Each unit will cooperate each other, establish and promote a firm action plans. I hope this year will be surely successful with our abilities and efforts.

I think this year will be very exciting. 2014 is the Year of the Horse in the traditional 12-year cycle of animals in the Japanese zodiac. This suggests that it is important that taking risks and step forward like a horse running speedy.I hope all of you will make this year prosperous. Last of all, I would like to finish my New Year speech by wishing all of you and your family a new year filled with happiness.

*This message was addressed to all officers and employees by President & CEO Masayoshi Tanaka on January 6, 2014.

November 16, 2013

The delegates of People’s Government of Licheng District, Jinan City, Shandong Province, P.R. China Visited Japan

On November 15, 2013, the delegates of The People’s Government of Licheng District, Jinan City, Shandong Province, P.R. of China visited the head office of Tokyo Boeki Holdings Ltd. (TBH) and had a meeting with Mr. Machida, Chairman & CEO, TBH and Mr. Tanaka, President & CEO, Tokyo Boeki Steel & Materials Ltd. (TBSM).

TBSM’s joint venture company, “Jinan Ludong Refractory Co., Ltd.” founded in 1995, has a base in Licheng District. With the cooperation from The People’s Government of Licheng District, TBSM has been expanding the business with Jinan Ludong Refractory Co., Ltd.

At the meeting, TBSM introduced a history of Tokyo Boeki Group in China, and we exchanged opinions about new business opportunities between of Jinan Ludong Refractory Co., Ltd. and TBSM. And also, we reaffirmed that all the related parties will cooperate together for further development, and promised everlasting friendly relationship.

November 7, 2013

Capital increase in Jinan Ludong Refractory Co., Ltd.

Tokyo Boeki Steel & Materials Ltd. (TBSM) has increased its shareholding in the joint venture company, Jinan Ludong Refractory Co., Ltd. (Ludong Refractory). Our equity share has increased to 28%, and this transaction has farther strengthened the cooperative relationship between Ludong Refractory and TBSM.

With this capital injection, Ludong Refractory introduced a most advanced “3,600 tons-hydraulic vacuum press”, the first press machine in China. This new press machine will enable Ludong Refractory to increase its production capacity to 6,200-7,200 tons per year, which is about twice as large as that of existing facilities. Moreover, the new machine makes it possible to improve the product quality because it firmly fixes molds by using high hydraulic pressure.

Ludong Refractory and TBSM will further contribute to our customers by providing better goods through our continued efforts for improve product’s quality and our service.

(1)3,600tons-hydralic vacuum press

(2)Fully-automatic robot
(feed in/out materials, dimension measurement)

June 27, 2013

The Board Directors Appointment

Official Announcement at the 7th Annual General Meeting (held on 26th of June 2013) 〔　〕means responsible role and area.

Representative Director
Mr. Masayoshi Tanaka 〔President and CEO〕

Director
Mr. Hiroshi Shigezumi
〔Executive General Manager, Materials & Raw Materials Division/
　Managing Director, Tokyo Boeki (Australia) Pty. Ltd.〕

Director
Mr. Fan Hua
〔President of Tokyo Boeki (China) Ltd.〕

Auditor
Mr. Toshihiko Kezuka

April, 2013

Opening of New Branch Office at “Kitakyushu”

In April 2013, Tokyo Boeki Steel & Materials Ltd. opened a new branch office at Kitakyushu.
Now we have 8 branch offices in Japan. New office will enable us to provide quicker and closer service to our existing customers, and to develop new business opportunities in Kyushu-area.

February 14, 2013

Signing of “Strategic Partnership Agreement” with Himadri Chemicals and Industries

Tokyo Boeki Steel & Materials has entered into the Strategic Partnership Agreement with Himadri Chemicals and Industries Ltd. (Himadri)

Himadri produces diverse carbon chemical products such as coal tar pitch, carbon black, and LIB anode material in India and China, and has a large share in India and overseas market.

Under the agreement, Tokyo Boeki Steel and Materials will promote marketing these Himadri’s carbon chemical products, and build up strong partnership with Himadri through successful business expansion in the global market as well as in Japan.

January 15, 2013

New Year Conference of Tokyo Boeki Steel & Materials Group in 2013

On 11 January 2013, we held the Annual New Year Conference of Tokyo Boeki Steel & Materials Group at the Tokyo Headquarters. Our leading members from the Headquarters of the Tokyo Boeki Steel & Materials Ltd., its domestic sales offices, Tokyo Boeki Australia, Tokyo Boeki (China), Tokyo Boeki (Beijing), and the overseas office in Hanoi. General Managers of each unit made presentations on specific measures to carry out the fiscal year 2013 program and to materialize the market expansion and the reforms of business structure based on the Third Mid-term Management Plan.

Through this conference, participants from various departments and overseas bases shared and deepened their understanding on the issues and its counter-measures, and made a firm resolution to promote extension of new markets and business structural reforms with unified efforts by all members of the Tokyo Boeki Steel & Materials Group, regarding the year 2013 as a turning point toward prosperous times.

New-year greetings from the President of Tokyo Boeki Steel & Materials in 2013

Tokyo Boeki Steel & Materials Ltd
President & CEO: Masayoshi Tanaka

I would like to wish everybody a happy new year.

2013 is the Year of the Snake in the traditional 12-year cycle of animals in the Japanese zodiac. This suggests that we are going to have a year of renewed growth just like snakes’ molting. The foreign currency and the stock exchange markets have been shifting favorably since the birth of the LDP-led government. The Abe Administration is trying to change the country by adopting the reflation policy. They are aiming at changing Japan, which has not been able to overcome the deflation after the Lehman shock. I believe that this is the first step toward stronger Japan.

In addition, when I spent the beginning of this year in Tokyo, I felt again that Japan is a great country, the safest and the most comfortable place to live in the world. We must keep such a wonderful country, strong Japan to the next generation. We, ourselves, should contribute to Japan. Each employee must break his or her shell, molt and contribute to building a stronger company by reform. I believe this is the way to make everyone’s life richer and happier

Looking back last year, the world economy was in a difficult situation because of the recurrence of the European debt crisis and the slowdown in emerging economies including China. The Japanese economy had been expected to recover due to reconstruction demand, however it experienced further slowdown due to such issues as the appreciation of the yen and the conflict over the Senkaku Islands.

Although the world economy was in prosperous conditions for the five years between 2003 and 2007 thanks to the rapid growth of the Chinese economy, it experienced severe recession between 2008 and 2012 following the Lehman shock. However, at the end of last year, the President Obama was reelected in the United States, and some of the principal nations saw the political change of power including China, South Korea and Japan, and the Abe Administration started. Following the expectations for the economic policies of the new administration, the average stock price in Japan has exceeded 10,000 yen, which is the highest level since the day before the Great East Japan Earthquake. The Bank of Japan will change its policy in the near future. It is also expected that China will spend around one trillion Yuan in order to boost its economy, and we are now seeing sign for brighter economic conditions around us. And the five-year cycle theory suggests that things will turn better after the Chinese New Year 2013.

In the fiscal year 2013, recognizing that we are in the second year of the Mid-term management plan, we will make efforts to improve the earning rate by innovating the existing commercial rights, cultivating new markets, carrying out structural reforms and modifying our business model from agency-oriented to operation-oriented one. We will establish a hub in Indonesia and form a system that will control Asia and Oceania markets in order to differentiate Tokyo Boeki Steel and Materials Ltd, and to concentrate on the expansion of new Asian emerging markets, especially Indonesia, India and Myanmar. I would like to ask you to strengthen the cooperation among departments and overseas bases, to try to differentiate our company and to do your best for developing new markets.

Last of all, I would like to finish my New Year speech by wishing all of you and your family a new year filled with happiness.

*This message was addressed to all officers and employees by President & CEO Masayoshi Tanaka on January 4, 2013

November 22, 2012

Tokyo Boeki celebrated the 65th anniversary of its foundation

Tokyo Boeki Group received its 65th anniversary this October. To commemorate this, we held “The 65th Anniversary Ceremony” in Palace Hotel Tokyo on November 2nd. 600 people took part in it from TB Headquarters, domestic branch offices, and foreign offices in Australia, Russia, China, Vietnam, India, and Malaysia.

In this ceremony, following the opening address, a video introduced the tracks of Tokyo Boeki Group’s 65-years-history and we offered silent prayers for Mr. Yasuo Matsumiya, the founder of Tokyo Boeki. Then, Mr. Machida, Chairman & CEO, delivered a speech, and presidents of each Tokyo Boeki Group companies presented “Future vision” one by one. In this session, Tokyo Boeki Steel & Materials made a commitment to promote business expansion in Asia and Oceania, develop our own brand and new business field, and also become a company to be selected as a business partner in various countries, fostering of global human resources through overseas training programs. After the presentations, a representative employee expressed our resolution, followed a release of a new company song written for celebrating this anniversary at the end of the ceremony.

The anniversary celebration

Toast at the celebrating party

After the ceremony, we held a celebrating party. During the party, we had some events, such as a Kagamiwari, a breaking a sake barrel, an entertainment show and a lottery

Mr.Machida and oversea staffs of TBSM

Mr.Machida and Mr.Gao, Ms.Sun from TBBJ

After the party, Tokyo Boeki Steel & Materials had a get-gather in Shinagawa Prince Hotel as a part of 65th anniversary event.

We will serve you with our best efforts towards the 70th anniversary, and we appreciate your continued support to us.

November 12 2012

Notice of relocation - Tokyo Boeki (Australia) Pty Ltd.

We are pleased to announce that we have moved to the following new address. All of our staffs in Australia will continue to work hard on the development of new business We highly appreciate your further support and cooperation to us.

[Tokyo Boeki (Australia) Pty Ltd./New address]
　Level 5, 10-16 Queen St. Melbourne, VIC 3000　Australia
　Tel： +61-3-8614-1400　　Fax： +61-3-9629-8699
　※Tel/Fax numbers remain the same.

Mr. Shigezumi, Managing Director of TBA

TBA New Office

October 24 2012

The 7th Chinese Joint Venture Partners Conference

We wish to inform that we decided to call off the Chinese Joint Venture Partners Conference in this year taking all the circumstances into consideration and the 7th Chinese Joint Venture Partners Conference will be rescheduled in 2013.

October 16 2012

Attendance at the 50th Australia-Japan Joint Business Conference

Mr. Tanaka, President of Tokyo Boeki Steel & Materials, attended at the milestone fiftieth anniversary of Australia-Japan Joint Business Conference held in Sydney, Australia from 7th to 9th October 2012.

Both Australian and Japanese business delegates attended at the conference. The members celebrated the fiftieth anniversary with Mr Mimura, Chairman of Japan side, and Sir Rod Eddington, Chairman of Australia side, and also there were extensive discussions not only on economy/trading/investment but also on environment/security. On 8th, the Honourable Julia Gillard, Prime Minister of Australia addressed the attendees.

Mr. Tanaka participated in a panel discussion of “Competitive Smart – innovative organizations” as a panelist. He made a presentation how to establish flexible organizations sustainable in the drastic change of the world in the future from his experience of the development of base management system for Tokyo Boeki Group and overseas business development.

Photo: Panel Discussion

Australian government has been actively supporting Minami-Sanriku town, Miyagi Prefecture and Iitate Village, Fukushima Prefecture. Mr. Jin Sato, the Mayer of Minami-Sanriku town and Mr. Chohei Sato, the Chair of Iitate Village Council, were invited as gests and were introduced on the stage. The attendees expressed the respect to their attitudes toward the difficulty of devastated area under continuing hardship and wished them the early recovery. We, Tokyo Boeki Steel & Materials, also will continue the support for the recovery of devastated area.

Photo: with Mr. Sato, the Mayor of Minami-Sanriku town
and Mr. Sato, the Chair of Iitate Village Council

June 28, 2012

The Board Directors Appointment

Official Announcement at the 6th Annual General Meeting (held on 27th of June 2012) 〔　〕means responsible role and area.

President and CEO Mr. Masayoshi Tanaka

Director
Mr. Takuji Hiramatsu
〔Executive General Manager, Materials Division〕

Director
Mr. Hiroshi Shigezumi
〔Managing Director, Tokyo Boeki (Australia) Pty. Ltd.〕

Director
Mr. Fan Hua
〔President of Tokyo Boeki (China) Ltd.〕

Director
Mr. Philip G. Spender
〔Chief Audit Executive, Tokyo Boeki (Australia) Pty. Ltd.〕

Auditor
Mr. Toshihiko Kezuka

April 6, 2012

The executives of Shanxi Jincheng Coal Chemical Development Co., Ltd. visited Japan

On 2 April 2012, Mr. Kong Qing Ran (Chairman), Mr. Li Gang (Director) and Mr. Hu Jinhui (General Manager) from our joint Venture Partner, Shanxi Jincheng Coal Chemical Development Co. Ltd., had attended the Fourth Board of Directors meeting in Tokyo, which was held at the Tokyo Boeki Ltd. headquarters. Prior to the board meeting, the delegates made a courtesy call to Mr. Machinda, the Chairman & CEO of Tokyo Boeki Ltd. and had strengthen the relation among the parties through top management meeting.

Mr. Tanaka (President & CEO of Tokyo Boeki Steel & Materials Ltd.) and Mr. Fan Hua (Chairman of Tokyo Boeki China Ltd.) attended the Board Meeting as the representative of Tokyo Boeki. The 2011 Financial Year results were reported to and the 2012 Financial year business plan was discussed at the Board meeting. Shanxi Jindi Coal Complex Project is progressing well and the newly developed Chiyu Coal Mine will commence its production this year. We reaffirmed that all the parties will work together to develop this project further in the financial year 2012.

January 16, 2012

New Year meeting of Tokyo Boeki Steel & Materials Ltd. in 2012

On 14 January 2012, the annual New Year meeting of Tokyo Boeki Steel & Materials Ltd. was held at the Tokyo Headquarters. 43 people from TBSM headquarters, domestic branch offices, Tokyo Boeki Australia, Tokyo Boeki (China), Tokyo Boeki (Beijing), the representative offices in Hanoi and Ho Chi Minh City (Vietnam) and Jakarta (Indonesia) participated in the meeting. A review on the 2nd 3-year business plan along with the strategy and detailed policies within the 3rd 3-year business plan (starting from April this year) were presented by each division.

Each of the divisions and overseas offices were able to deepen their understanding of each other through the meeting. Despite the current economic situation, resulting primarily from the European debt crisis, this level of understanding will ensure that Tokyo Boeki Steels & Materials Ltd. and related companies will be able to proceed with its primary policy of developing new business opportunities in Asia, Oceania and other regions.

New-year greeting from the President of Tokyo Boeki Steel & Materials Ltd. in 2012

Tokyo Boeki Steel & Materials Ltd.
President & CEO: Masayoshi Tanaka

I would like to wish everybody a happy new year.

In early spring last year, Japan suffered unprecedented destruction from the Great East Japan Earthquake. The huge tsunami caused by the earthquake brought catastrophic damage to the Pacific coastline in the Tohoku & Kanto regions. This was an iconic event of Japan in 2011. While recovering from the impact of the earthquake and subsequent tsunami, Japan also received direct and indirect influences of the economic downturn in the world’s major countries in 2011, with the European debt crisis and a record strong Japanese Yen.

In the Chinese/Asian market, where Tokyo Boeki Steel & Materials Ltd. is expanding its business, high growth is expected in spite of a slight slowdown in China and the impact of damage on manufacturers caused by massive floods in Thailand. In particular China, our major business partner, has already started easing its monetary policy and bank lending. It is expected that the rate of growth will not fall below 7-8%. In addition, in Indonesia, high growth is expected thanks to counter-inflationary measures, and the ratings of the international rating agencies on Indonesia has been improving. What role each of us is able to play and the manner in which we can overcome challenges in these growing markets will be a major focus in 2012.

The 6th term, ending this March, is the last financial year of Tokyo Boeki Group’s 2nd mid-term plan. The 3rd mid-term plan starts from the next financial year in April. In terms of markets, with the Japanese economy struggling we will develop further in the Asian market by revitalizing the representative offices in Hanoi & Ho Chi-Minh City (Vietnam), Jakarta (Indonesia) and Kolkata (India) and we will expand overseas from our bases in the Japanese, Chinese and Australian markets.
In China, we will develop new business by deepening relationships with our joint venture partners. In particular, with progression in the Shanxi Jincheng Coal Complex Project, where we have made a capital contribution, we will expand coal sales through Xiangxi Dongjin Coal Ltd., our coal sales company established last April.

Also this year, we will develop global human resources who will become leaders in Tokyo Boeki Steel & Materials Ltd. in the future. We expect these people to grow as true business people who can structure overall ‘enterprise businesses’. We expect younger employees to tackle new business development actively under our on-the-job training program with management, and to successfully apply the ‘DNA of value creation’, the management philosophy of Tokyo Boeki Steel & Materials Ltd, on organizational basis.

The global economic outlook for the coming year is not optimistic. Tough times will continue, but let us set high targets and proceed positively. We expect everyone to keep running with the spirit to overcome any difficulties and to continually go forward. The results will be achieved through a spirit of not being afraid of challenges and a belief to overcome obstacles by oneself.

Finally, I would like to wish good health & all the best to all and your family members for the year ahead.

*This message was addressed to all officers and employees by President & CEO Masayoshi Tanaka on January 4, 2012.

November 18, 2011

Establishment of Kolkata office, India

We have pleasure in informing of the opening of our representative office in Kolkata, India on the 1st November. This step will be a cornerstone in our growth strategy of Raw Materials, Steel Export, Materials and Building materials business in emerging Indian market. We hope our success in India will contribute to the prosperity of both India and Japan.

[India-Kolkata Office]
Tokyo Boeki Steel & Materials Ltd.
Kolkata Representative Office.
Level 6, 11 U.N. Brahmachari Rd,
Kolkata, West Bengal 700 017, India

Chief Representative：Hiro Sugawara
Tel：＋91-33-4400-0652（Office）
　　 ＋91-987-446-1770（Mobile）
E-mail：sugawara@tokyo-boeki.co.in

November 16, 2011

The 6th Chinese Joint Venture Partners Conference in Hakone

On 11 November 2011, Tokyo Boeki Steel & Materials Ltd held the 6th Chinese Joint Venture Partners Conference. This time, the conference was held in Hakone, at the foot of Mt. Fuji, while past conferences had been held in China.

In addition to Mr. Chen Bing Yan, First Secretary of Economic & Commercial Office, Embassy of the People’s Republic of China in Japan, a large number of top executives from both Chinese and Japanese companies and joint ventures participated in the conference.

In contrast to the slowdown in the economies of the USA, Europe and Japan, Chinese development has been significant. With such changes in the global economy, this conference set ‘Current Situation & the Future of Each Industry’ as its main theme. 8 Chinese joint ventures made presentations, followed by presentations from Japanese companies of Mr. Ishikawa, Executive Vice President of JFE Holdings, Inc. Mr. Sakae, Director, General Manager, Raw Materials Div.-Ⅱ of Nippon Steel Corporation, Mr. Someya, President of Chuo Denki Kogyo Co., Ltd., Mr. Kiyokawa, President of Ube-Mitsubishi Cement Corporation, Mr. Ogawa, Executive Vice President & Representative Director of Osaka Titanium Technologies Co., Ltd., and Mr. Shimahara, General Secretary of Japan-China Investment Promotion Organization (JCIPO).

In addition, the conference heard warm messages from Mr. Mimura, Representative Director & Chairman of Nippon Steel Corporation, Mr. Bada, President & CEO of JFE Holdings, Inc., Mr. Tomono, Representative Director & President of Sumitomo Metal Industries, Ltd., Mr. Machida, Chairman & CEO, Tokyo Boeki, Ltd.

Mr. Tanaka
President & CEO of TBSM

Mr. Chen, First Secretary,
Embassy of the People’s Republic of China in Japan

The conference progressed with a simultaneous interpretation provided by an employee of our company in China.

A lot of constructive opinions were shared during question time, and the conference finished later than the estimated finish time. The conference proved to be very beneficial for both the Japanese and Chinese participating companies.

Sightseeing in Hakone

On the day after the conference, the participants went for sightseeing in Hakone in fine autumn weather to cultivate further friendships. The conference was very beneficial for our company, to progress along a path of globalization with China at the centre.

＜The participating joint venture companies＞
Jinan Ludong Refractory Co., Ltd.
Licheng District, Jinan
Shangyu Dongshun Refractory Co., Ltd.
Shangyu City, Zhejiang
Shenyang Toei Machinery Co., Ltd.
Shenyang, Liaoning
Qing Hai Donglong Silicon Carbide Co., Ltd.
Datong County, Qinghai
Beijing Borui Tomas Motor Sales & Service Co., Ltd.
Beijing
Hangzhou Jinjiang Dongyue Stainless Steel Industry Co., Ltd.
Fuyang City, Zhejiang
Guangxi Xiangzhou Jidong Maganese Co., Ltd.
Laibin City, Guangxi
Shanxi Jincheng Coal Chemical Industry Development Co., Ltd.
Luliang City, Shanxi

September 28, 2011

Participation in Japan-China Economic Association China Mission 2011

From 4 September 2011, Mr. Tanaka, president and CEO, visited Beijing as an official member of the Japan-China Economic Association China Mission 2011.

In this 37th mission, China showed a deep interest in the current revival and the Japanese economy’s future prospects after the Great East Japan Earthquake in March 2011, and China said they would like to support this revival continuously. In addition, in the meeting with Mr. Le Keqiang (Deputy Prime Minister) and Mr. Wan Jifel (Chairman, China Council for the Promotion of International Trade), relationships between the two countries and economic cooperation and trade was promoted.

In a general meeting with the Ministry of Commerce of the People’s Republic of China, opinions were exchanged on agendas such as a FTA between China, South Korea and Japan and the exporting of rare earth minerals. Another general meeting was held with the National Development and Reform Commission, where cooperation between the countries in saving energy and the environment was discussed.

Overall, discussions predominantly progressed with topics of interest being raised by the Japanese participants, while Chinese parties provided responses, with both parties offering suggestions for the purpose of achieving further economic cooperation between Japan and China in the future.

August 31, 2011

Establishment of ‘Engineering Management Team’ for responding to the needs of sites using refractory materials

July 19, 2011

Shanxi Jindi Coal Complex Project Progress Report

On June 29th, Shanxi Jincheng Coal Chemical Development Co., Ltd.(“Jincheng”), our JV company, held the 3rd Board Meeting at the head office of Baijin Group in Shanghai. Mr. Kong Qing Ran (Chairman), Mr. Li Gang (Director) of Jinchen, Mr. Masayoshi Tanaka (President & CEO, Tokyo Boeki Steel & Materials) and Mr. Fan Hua (Chairman, Tokyo Boeki China) attended the meeting. They reaffirmed that the project had been progressing well and that the partnership among all the shareholders would be strengthened further for future development.

Tokyo Boeki Steel & Materials will further contribute to the project through the activities such as coal sales, refractory materials and machinery supply via Xiangxi Dongjin Coal Ltd., a coal sales company which was established in April this year, as well as expand the coal and cokes business activities in China.

June 24, 2011

The Board Directors Appointment

Official Announcement at the 5th Annual General Meeting (held on 23rd of June 2011)
〔　〕means responsible role and area.

President and CEO
Mr. Masayoshi Tanaka

Director
Mr. Takuji Hiramatsu
〔General Manager, Materials Division〕

Director
Mr. Hiroshi Shigezumi
〔President & COO, Tokyo Boeki (Australia) Pty. Ltd.〕

Director
Mr. Fan Hua
〔President of Tokyo Boeki (China) Ltd.〕

Director
Mr. Philip G. Spender
〔Chief Audit Executive, Tokyo Boeki (Australia) Pty. Ltd.〕

Auditor
Mr. Toshihiko Kezuka (newly-appointed)

June 23, 2011

Signing of “Strategic Partnership Agreement” and “Agreement of TGG Alloy Steel Exclusive Sales Rights for the Japanese Market” with Vietnam Tay Giang Group

Tokyo Boeki Steel & Materials have signed a contract of strategic partnership with Tay Giang Industrial Group Joint Stock Company (TGG) and a contract to become the exclusive sales agent of TGG’s Manganese Ferroalloy for the Japanese market.

TGG is developing resources such as Manganese, Copper, Lead, Zinc, Antimony, Gold, Barite etc., and we will further develop the business together from now on. Regarding the production of electrolytic manganese metal, we have completed a feasibility study for establishing a joint venture plant and are planning to start construction within this year.

In addition, TGG has manganese mines at Cao Bang province and Ha Giang province, and is operating a Silicomanganese plant (capacity 20,000 tones per year) at Cao Bang province, with its capacity to be expanded to 40,000 tones per year by mid 2012. We have already commenced shipments of TGG Silicomanganese to Japanese steel mills.

Tokyo Boeki Steel & Materials and TGG will continue to drive business developments in the Japanese market and the global market.

June 23, 2011

Establishment of Ho Chi Minh City office, Vietnam

Tokyo Boeki Steel & Materials has established an office in Ho Chi Minh City, Vietnam, to follow the establishment of its Hanoi office.
The percentage of the Vietnamese population under 20 years old is 40%, out of a total 87 million, therefore the domestic demand is expected to soar.In addition to that, Vietnam will join AFTA (ASEAN Free Trade Association) and remove custom duties on 2015. The Ho Chi Minh City office will concentrate on the Steel, Resources and Materials businesses and development of investment projects. We will also strive for new business development in the ASEAN region, in cooperation with our Hanoi and Jakarta offices.

[Vietnam - Ho Chi Minh City office]
Tokyo Boeki Steel & Materials Ltd.
Ho Chi Minh City Representative Office.
Unit 721-1, 7th Floor, Me Linh Point Tower,
2 Ngo Duc Ke St., Dist.1, Ho Chi Minh City, Viet Nam.

Chief Representative：Hiroaki Ikeno （General Manager, Asia Rep. Office, Vietnam &Indonesia）
Tel：+84-(0)8-3520-2898
Fax：+84-(0)8-3823-7840
E-mail：ikeno@tokyo-boeki.com.vn

May 20, 2011

Establishment of the Coal Sales Company in Hunan, China

The Shanxi Jindi Coal Project is progressing as per schedule. The Nanyao Coal Mine has already commenced production (production capacity is 1.2 million tones per year), and the Chiyu Coal Mine will commence production within this year.
We have obtained the license for conducting coal business in China and have established a sales company for coal in Hunan, China to coincide with the commencement of this project’s coal production.
Tokyo Boeki Steel & Materials joins this coal project in China, which is leading the world economic growth, and is expanding its coal trading in Asia & Oceania region.

(Coal Sales Company)
1. Company Name: XIANGXI DONGJIN COAL LTD.
2. Located: Jishou, Xiangxi Autonomous Prefecture, Hunan
3. Established: April, 2011 (Accounting Period: 31 December)

Trading areas: Coal, Coke, Chemical products, Steel, Raw Materials, Bricks, Metals, Building materials, Machinery and Consulting Business.

May 12, 2011

Shenyang Toei Machinery Co. Ltd. is making a leap forward

On April 21, the 8th Board of Directors Meeting of Shenyang Toei Machinery Co. Ltd., a Chinese machinery processing and producing joint venture company, was held.

Since its establishment in 2004, Shenyang Toei Machinery Co. Ltd. has expanded its variety of goods and markets, following the rapidly developing Chinese economy. As a result, they have recently received orders and delivered their products which meet the high standard of quality not only to a Japanese blast furnace steel manufacturer, but also to a Chinese high-speed railway, wind-power generation and major Japanese heavy industries.

In order to make a leap forward, we reconfirmed that we would continue our business focusing on timely delivery and quality management as we have done throughout our growth path to date.

With advances in machinery techniques, the company has been able to deal with a broader range of customers than before. In the future, we will continue to create new markets and new customers with Shenyang Toei Machinery Co. Ltd.

Machine Factory

Machine Factory

April 8, 2011

Conference for restructuring each department 2011 FY was held

The “Conference for reforming our business structure” was held on 1st April at the start of the 6th year since the company’s foundation. The theme of the conference this year was reforming the business structure rather than the plan for business development in order to return to our management philosophy and reform our business structures from its roots.

We invited Mr. Machida, Chairman of Tokyo Boeki Limited, and Mr. Kawada, Director of Tokyo Boeki Limited, as the main guests and Mr. Shigezumi, President of Tokyo Boeki Australia, Mr. Fan, President of Tokyo Boeki China, Mr. Gao, President of Tokyo Boeki Beijing　also attended this conference from their respective overseas offices. In addition, staff members of our Australian office, Shanghai office, Beijing office, Hanoi office, Jakarta office and other local offices in Japan participated through a real time web conference system.

At the start of this conference, Mr. Machida made a speech regarding the “Management Policy” of Tokyo Boeki Group. Next, Mr. Tanaka, President of Tokyo Boeki Steel & Materials Ltd, presented points for the restructuring of organizations, strengthening of overseas sales networks and current issues and restructuring for each department as a guide of reform of business structure. Each department presented specific plans of reforming their business structure.
We confirmed the determination to improve our company to a global business company by overcoming the current difficult economic environment together in this fruitful conference.

April 8, 2011

Initiation ceremony 2011 FY was held

2011 FY Initiation Ceremony held on 1st April.

At the commencement of the ceremony, letters of appointment were presented by Mr. Tanaka, President, to seven new graduate recruits. At that time, the following words of encouragement and hope were given, “It is with great destiny that you start your careers under the worst crisis since World War Ⅱ. However, this situation is a significant step for tomorrow, it is a big step with hope. I am hoping that you will be staff that represent our company well and travel around the world for business.”

The new recruits also presented their ambitions in joining our company, and all of our staff expressed their welcome with applause.

March 15, 2011

Tokyo Boeki Steel & Materials join Northeastern Japan Pacific Ocean Earthquake “Victims Support Campaign”

Tokyo Boeki Steel & Materials, Building Material Department, with the help of S-BIC Company Ltd, our partner, has started the “Victims Support Campaign” whereby we will donate a part of sales during the 2 month period from 14th March to 13th May. We will make our best effort to maximize our support for victims through the sale of Boral Bricks and other items.

Details of this support can be seen at the home page of S-BIC Company Ltd.
https://www.s-bic.co.jp/topics/20110314_1.html

Picture of Boral Bricks (Etchujima Park in Tokyo)

February 22, 2011

Acquisition of the exclusive sales right of Ferrochrome of IFM in South Africa for the Japanese market

We acquired the exclusive sales right of Ferrochrome from International Ferro Metals Pty Ltd. (IFM) for the Japanese market.

IFM has a chromium mine in Bushveld, South Africa and a ferrochrome factory; its capacity is 267,000 tons per annum. The first cargo based on this exclusive sales contract was shipped from South Africa last month.

Ferrochrome from IFM will continuously be supplied to Japanese users from hereon, mainly stainless steel manufactures and specialty steel manufactures.

Ferrochrome factory of IFM (South Africa)

January 17, 2011

2011 New Year Conference of Tokyo Boeki Steel & Materials Ltd was held

Tokyo Boeki Steel & Materials held a New Year Conference at the head office in Tokyo on the 15th of January and the fifty representatives from the head office, the sales offices across Japan, Tokyo Boeki (Australia) Pty. Ltd, Tokyo Boeki (China) Ltd., Tokyo Boeki (Beijing) Ltd and the representative offices in Hanoi, Vietnam and Jakarta, Indonesia participated.

In the conference, the overview of 2010 results were presented for each Company and division and the current progress of their businesses were evaluated against the growth plan “Challenge 2014”, which led to the thorough review of the details in the plan. Thus the conference ended in a productive and fruitful result.

This year, the coal complex in China will begin its coal production. The participants reaffirmed that all the Tokyo Boeki Steel & Materials group companies will continue their concerted effort to lead this big project to success.

2011 New Year’s speech by Mr M. Tanaka President of Tokyo Boeki Steel & Materials Ltd.

Dear Colleagues,
Happy New year to you all.
I would like to wish you all the best as we begin another journey of challenges in the year ahead.

The global economic crisis relentlessly continues to linger and no optimism is warranted on the economic recovery. A Number of Japanese corporations are facing fierce competition for survival in the global market. Under today’s ongoing changes in the economic situation, we, Tokyo Boeki Steel & Materials, will make every possible effort to expand our business operations and conquer these difficult economic times by promoting globalization and creating unique value in our services.

Tokyo Boeki Steel & Materials will continue to pursue overseas investment operations and implement an overseas personnel strategy as two basic strategies in the Business Development Program, “Challenge 2014”, to achieve JPY100 billion annual turnover and JPY2.2 billion ordinary profit in 2014.
In the business investment area, we will further invest in and develop the existing eight joint venture businesses in China. I am pleased to announce that our Shanxi Jindi Coal complex (production capacity of 300 million tons) and Nanyao Coal Mine (production capacity of 1.2 million tons) will be complete and begin their operations this year. The Coal washery plant has already begun its operation, while the coke plant, power plant and the other facilities are scheduled to follow. Procedures to establish a coal marketing company are favorably in progress. Moreover, in the near future, a new joint venture company will be launched in Vietnam to produce Manganese metal and concrete blocks.

Summary of Investment Planning
- Steel service centre for local infrastructure industries in developing countries in Asia
- Manganese metal joint venture in Vietnam
- Investment in steaming coal mine in Indonesia
- Manufacturing and sales business of concrete blocks in Vietnam
- Facility expansion of Jinan Ludong Refractory Co. Ltd in China

To reinforce our global network in Asia, we established a representative office in Jakarta, Indonesia last year in addition to our 4 global locations (Japan, China, Australia and Vietnam). In addition, a representative is going to be stationed in Jinan, China early this year. As seen above, we will continue to explore opportunities to enhance our operations in Asia.

Very best wishes to you and your family for health, happiness and prosperity throughout the New Year.