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SPECIAL FEATURE

1Completion of mass shipments of clad steel pipes
for natural gas development projects in Central Asia

We completed manufacture and shipment of clad steel pipes for which
we received large-scale orders in fiscal 2014. All shipments were madethrough Muroran Port and generated total sales exceeding ¥30 billion.
Manufacture of the clad steel pipes was done using a serial production system with continuous rolling, machining, welding, and inspection
processes. We set up the Muroran Restructuring Project team, which
made successful improvements to production processes and ensured
that shipments were made on schedule. Sales from the project made asignificant contribution to the Steel and Energy Products Business seg-Clad steel pipe shipment

ment, which turned its first profit in four years.
As a leading company in clad steel pipes for natural gas pipelines, wewill continue focusing on attracting orders for new projects.

2Achieved record-high orders in fiscal 2015 amid sharply rising demand
for film and sheet manufacturing equipment

With production of lithium-ion batteries for use on electric vehicles intoElectric vehicle

full swing, demand for the Group’s film and sheet equipment, for use in
making separator film for lithium-ion batteries, rose dramatically, attract-Motor

ing record-high orders in fiscal 2015.
Complementing its existing “successive biaxial stretching machine business,” in April 2015 the Group acquired a “simultaneous biaxial stretchingmachine business” and shipped its first machine in October 2015. We look forward to healthy market conditions going forward, backed by Japanese andChinese government policies promoting environmentally friendly vehicles.
The JSW Group holds the top share of the world market for products
used to manufacture separator film. We will continue working steadily tomeet demand.

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Lithium-ion battery

SPECIAL FEATURE

3Growing demand for Group’s ELA system used
to manufacture organic EL panels

In the autumn of 2015, Apple Inc. announced its adoption of flexible organic
EL panels in its iPhone models, spurring brisk activity among companies
associated with organic EL panels. As a result, the JSW Group’s excimer

Projected shipments of smartphones
with organic EL panels
Projections as of:January 2016
July 2015

Shipment volume(million units/year)

laser annealing (ELA) system, which is needed to make thin-film transistors

900

used in organic EL panels, attracted record-high orders in fiscal 2015.
Previously, demand for our ELA system came21%

annualgrowth rate

600

mainly from the LCD panel business, but demand from(20152020)

the organic EL panel sector is now growing.
Seeking to maintain the top global market share in

300

13%

ELA systems, we will continue developing distinctive
technologies to achieve improvements in scale, performance, and productivity and thus expand our business.

4annualgrowth rate

Smartphone withorganic EL panel(201502020)2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Meiki becomes a wholly-owned subsidiary

On March 1, 2016, the consolidated subsidiary, Meiki Co., Ltd. became aTail lights

wholly-owned subsidiary after conclusion of an equity swap agreement(November 30, 2015) and approval from Meiki’s Annual General Meeting

Headlightsof Shareholders. Meiki’s strength lies in large-scale injection molding
machines related to the automotive industry.
Going forward, the JSW Group and Meiki will strengthen synergies
across their technological, production, and sales activities and thus
contribute to enhancement of the Group’s business performance.
Main products made by
Meiki’s molding machines

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