Corporate Profile / Officer / Organization
Corporate Profile
| Corporate name | Marubeni-Itochu Steel Inc. |
|---|---|
| Date of Establishment | October 1, 2001 |
| Capital | 30 billion yen |
| Chairman | Yutaka Shimizu |
| President and CEO | Makoto Ishitani |
| Fiscal year-end | March 31 |
| Shareholders | 50% owned by Marubeni Corporation 50% owned by ITOCHU Corporation |
| Number of Employees | non-consolidated 961 (April 1, 2023) consolidated 10,463 (April 1, 2023) |
| Business areas | Import, export and overseas trading of steel products; investment in steel-related industries; Group company management; participation in large overseas projects |
| Head Office | Nihonbashi 1-chome Bldg., 4-1, Nihonbashi 1-chome,16-18F Chuo-ku, Tokyo, 103-8247, Japan Tel. 81-3-5204-3300 |
| URL | http://www.benichu.com/ |
Corporate Officers
| Job Title | Full Name |
|---|---|
| Chairman, Member of the Board | Yutaka Shimizu |
| President and CEO, Member of the Board | Makoto Ishitani |
| Managing Executive Officer, Member of the Board (Iron & Steel Div.-Ⅰ, Iron & Steel Div. -Ⅱ, Tubular Products Div. ) | Toshihiko Takahashi |
| Managing Executive Officer, Member of the Board, Corporate Administration Div. | Hajime Nakamura |
| Managing Executive Officer, Member of the Board, Corporate Strategy, Human Resources & General Affairs Div. | Akira Takamaru |
| Managing Executive Officer, Member of the Board (Iron & Steel Div.-Ⅲ, Automotive Steel Products Div., Business Incubation Team) | Satoshi Tanaka |
| Member of the Board | Kenji Seto, Jun Horie, Osamu Tano, Daisuke Tsuchiya |
| Audit & Supervisory Board Member | Eisuke Sato, Toshiyuki Yamazaki, Kazuyoshi Sato, Seiji Taguchi |
| Managing Executive Officer, Tubular Products Div. | Yasuhisa Tashiro |
| Managing Executive Officer, General Manager for Asia & Oceania | Yasuji Nakano |
| Executive Officer, Iron & Steel Div.-I | Kazuhiro Ishihara |
| Executive Officer, Iron & Steel Div.-II | Toshihiro Tachibana |
| Executive Officer, Iron & Steel Div.-III | Takumi Kotake |
| Executive Officer, Automotive Steel Products Div. | Takeshi Inoue |
| Executive Officer, Osaka Div. | Kenichi Abe |
| Executive Officer, General Manager for the Americas President & CEO of Marubeni-Itochu Steel America Inc. | Toshio Namiki |
| Executive Officer, General Manager for Europe & Africa President of Marubeni-Itochu Steel Europe GmbH. | Eiichi Fuji |
| Executive Officer, General Manager for China, Chairman & President of Marubeni-Itochu Steel (Shanghai) Co., Ltd. and General Manager of Marubeni-Itochu Steel (Shanghai) Co., Ltd. Guangzhou Branch, President of Marubeni-Itochu Steel Hong Kong Ltd. | Tokio Miyao |
Organization
*April 1, 2023
History
- ～2005
- ～2010
- ～2015
- ～The Present
| October, 2001 | ITOCHU Corporation and Marubeni Corporation spin off and merge their respective steel divisions, launching Marubeni-Itochu Steel Inc. (MISI) Marubeni-Itochu Techno Steel Inc. established |
|---|---|
| October, 2002 | Marubeni-Itochu Techno Steel Inc. designated a primary trading company of Nippon Steel Corporation (now NIPPON STEEL & SUMITOMO METAL CORPORATION) |
| April, 2003 | Executive officer system introduced |
| June, 2003 | First medium-term management program formulated |
| July, 2003 | Audit Department established |
| January, 2004 | Benichu Coil Center Inc. (now Benichu Coil Center Kansai Inc.) established through a merger between Shiga Coil Center Co., Ltd. and Toyo Tekko Co., Ltd. |
| April, 2004 | General manager system for the Americas, ASEAN and Southwest Asia, and China introduced |
| May, 2005 | Tokyo Head Office relocates from Otemachi to Nihonbashi |
| April, 2005 | Benichu Automotive Steel Inc. established |
| November, 2005 | Authorization obtained to establish a Shanghai subsidiary with Chinese domestic sales rights |
| December, 2005 | Benichu Steel (Guangzhou) Ltd. established |
| April, 2006 | Marubeni-Itochu Steel India Pvt. Ltd. and Taiwan Marubeni-Itochu Steel Enterprise Co., Ltd. established |
|---|---|
| May, 2006 | Second medium-term management program formulated |
| January, 2007 | Marubeni-Itochu Steel (Beijing) Co., Ltd. established |
| 2007年9月 | 日本格付研究所（JCR）格付けが「A-」から「A」に格上げ |
| September, 2007 | MISI’s credit rating raised from “A-” to “A” by the Japan Credit Rating Agency, Ltd. (JCR) |
| April, 2009 | Personnel system revised and group system introduced |
| May, 2009 | New core system operation begins |
| May, 2009 | Third medium-term management program formulated |
| April, 2010 | Nippon Steel Electrical Steel Co., Ltd. established through a merger between NITTETSU DENJI TECHNO CO.,LTD., KYUSHU ELECTRICAL STEEL SERVICES CO.,LTD, and HIROHATA DENJIKO CENTER CO.,LTD. |
| October, 2010 | IFRS Project Department established |
| November, 2010 | No. 3 plant completed at United Coil Center, Ltd. |
| January, 2011 | MI-Bansei Stainless Steel Corporation established through a merger between MI Stainless Center Co., Ltd. and Banseikoki Co., Ltd. |
|---|---|
| March, 2011 | ClarkDietrich Building Systems LLC established through the restructuring and consolidation of Marubeni-Itochu Steel America Inc. businesses Equity investment completed in two Thailand companies—Thai Cold Rolled Steel Sheet Public Co., Ltd. (cold-rolled steel sheet production and sales) and Thai Coated Steel Sheet Co., Ltd. (electro-galvanized steel sheet production and sales) |
| May, 2011 | MI Metal Processing Mexicana S.A. de C.V. (center producing coil for automotive use) established in Mexico’s Aguascalientes State |
| June, 2011 | Marubeni-Itochu Steel Vietnam Co., Ltd. established |
| September, 2011 | JSW MI Steel Service Center Private Limited established as a steel product processing company with JSW Steel Ltd. of India |
| October, 2011 | MISI celebrates 10th anniversary of its founding |
| December, 2011 | Three domestic Japanese coil centers unified as “Benichu Coil Center” |
| May, 2012 | RSDC of Michigan, LLC (U.S.-based blanking processing business) made a wholly-owned subsidiary |
| May, 2012 | Fourth medium-term management program formulated |
| July, 2012 | MI BAO Metal Processing Zhengzhou Co., Ltd. (automotive steel processing center) jointly established with Baosteel Group Corporation in Henan Province, China |
| August, 2012 | EURO-MISI Laminations (Shanghai) Co., Ltd. (stator and rotor laminations for electrical rotating machines sales) jointly established with Euro Group S.p.A. of Italy in Shanghai, China |
| November, 2012 | Anshin Precision Industries Sdn. Bhd. (Malaysian metal press processor) made a wholly-owned subsidiary |
| January, 2013 | Johannesburg Branch established Yangon Office established |
| March, 2013 | Marubeni-Itochu Steel Korea Ltd. established |
| April, 2013 | IFRS introduced MISA Creates MISA Metal Processing, Combining Three Subsidiaries |
| May, 2013 | MI Steel Processing India Private Limited (automotive steel processing center) established in India |
| September, 2013 | Acquisition of US largest OCTG distributor, Sooner Inc. MISI and JSW Steel to Expand Steel Processing Joint Venture into Western India |
| October, 2013 | Benichu Steel Inc. established through a merger between Benichu Automotive Steel Inc. and Marubeni-Itochu Steel AP Corp. |
| April, 2014 | Matsushima Tekko Co., Ltd. made a wholly-owned subsidiary; name changed to Benichu Coil Center Tohoku Inc. |
| June, 2014 | MID Pakistan Coil Center (Private) Ltd. (steel processing center) established in Pakistan |
| May, 2015 | Fifth medium-term management program formulated |
| January, 2016 | Marubeni-Itochu Sumisho Techno Steel Inc. established through a merger between Marubeni-Itochu Techno Steel Inc. and Sumisho Tekko Hanbai Co., Ltd. |
|---|---|
| December, 2017 | Certification as a “Sports Yell Company” and “Tokyo Sports Promotion Company” |
| March, 2018 | Sixth medium-term management program formulated |
| April, 2018 | Summit-Benichu Coil Center Co., Ltd. was established through a merger between Hiroshima Steel Center. and the regional (Chugoku district) business of Summit Steel Co., Ltd. |
| April, 2018 | Benichu Coil Center Holdings Inc. established |
| October, 2018 | Established MIZ Metal Product Wuhan Co., Ltd.—a steel sheet and aluminum coil center in Wuhan City, Hubei Province, China—as a joint venture with Wuhan Zhouyue Automotive Materials Co., Ltd. |
| February, 2019 | Acquisition of U.S. oil well pipe wholesaler CTAP |
| July, 2019 | Queretaro Office established |
| May, 2020 | Yamato Special Steel Co., Ltd. becomes a wholly owned MISI subsidiary |
| March, 2021 | Benichu Coil Center Kanto Acquires KS Summit Steel Co., Ltd. MISI Acquires Suncall Corporation stock |
| May, 2021 | Seventh medium-term management program formulated Announcing a new corporate philosophy |
| Ocober, 2021 | MISI celebrates 20th anniversary of its founding |
| September, 2022 | Opening of New Branch in Nairobi, Republic of Kenya |
| October, 2022 | MISI acquires Barclay & Mathieson Limited, UK Stockholder |
| November, 2022 | MISI acquires Worthington Specialty Processing’s Jackson plant |
| January, 2023 | MISI establishes Benichu-Kuroda Laminations Co., Ltd. as a joint venture with Kuroda Precision Industries Ltd. and Benichu Coil Center Kanto, Inc. |
| January, 2023 | MISI acquires MEGASUS Co., Ltd. stock |