Source disclosure: February 09, 2026

The Japan Steel Works,Ltd. [5631.T]

TOKYO, Feb 9 (Reuters) – The Japan Steel Works, Ltd., represented by President and CEO Toshio Matsuo, has announced organizational changes effective April 1, 2026, aimed at achieving its sustainability goals and financial targets as outlined in its mid-term business plan "JGP2028." The company aims to contribute to a sustainable and prosperous world through the development and implementation of industrial machinery and new materials while also targeting sales exceeding 5 trillion yen.

The organization's transformation includes the establishment of a Global Strategy Headquarters within the headquarters to accelerate global expansion in resin machinery, molding machines, and industrial machinery segments. This new department will work closely with business divisions to develop and implement global strategies tailored to regional characteristics, oversee overseas subsidiaries, enhance governance, and streamline management operations. Additionally, the company is setting up a Resin Machinery Solutions Department to expand after-sales services and improve customer satisfaction by leveraging its comprehensive expertise in plastic processing machinery.

Furthermore, the company plans to absorb its wholly-owned subsidiary, Japan Steel Works M&E Co., Ltd., on April 1, 2026, to strengthen the engineering and material division. This move will consolidate manufacturing facilities under the newly established Material Engineering Business Division, ensuring robust responses to growing demands for nuclear power plant components and high-efficiency thermal power generation materials from both long-term energy security perspectives and current trends driven by artificial intelligence advancements.

In parallel, the Photonics Business Room will be created to focus on expanding GaN and LN semiconductor optical device materials, aiming for substantial growth towards becoming a core business. Simultaneously, the New Business Promotion Headquarters will be dissolved, transferring relevant functions to the Innovation Management Headquarters and the newly formed Material Engineering Business Division. These strategic shifts underscore the company’s commitment to advancing towards its vision of contributing to a super-smart society and enhancing corporate governance across all sectors.

Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.

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