O u r Bu s i n e s s D om a i n s

Our Business Domains

Polyolefin extruder/pelletizer

Sales

Millions of yen

Millions of yen

120,000

180,000

120,000

171,416

180,000

B usi n e ss Li n e s
Production, sale, and maintenance of plastic production and processing machinery (including pelletizers, compound extruders, filmand sheet equipment, etc.)

Orders Received

173,648

We manufacture and sell a variety of plastic production and processing machinery, which are highly
regarded by users around the world, for a wide range of applications and purposes. Our product lineup in
this field includes pelletizers that manufacture plastic pellets; twin-screw extruders for compounding,reactive processing, dewatering, and devolatilizing; film and sheet equipment; and spinning extruders forsynthetic fibers. With bases in Japan, South Korea, China, Thailand, Singapore, Germany, and the UnitedStates, we have established a structure to support customers around the world with our technologies. To
respond to a wide range of customer needs as a comprehensive manufacturer of plastic production andprocessing machinery, our lineup of extruders includes screws of 25 millimeters to 800 millimeters indiameter. By strengthening the planning function in the after-sales services business, we will promote theestablishment of a structure oriented toward the “stock-type” business (recurring revenue businessmodel) through concerted efforts between manufacturing and sales departments in the areas of productdelivery and regular maintenance services.

169,000

Plastic Production and Processing Machinery

159,378

Other Machinery

162,65178.8%

Orders totaled ¥162,651 million (US$1,495 million), down 7.5% from the previous
fiscal year, due mainly to decreases in plastic production and processing machinery
as well as molding machines.
Sales fell 1.3% to ¥171,416 million (US$1,575 million). The contributing factor
was decreases in sales of molding machines and FPD equipment, which offset
increases in sales of plastic production and processing machinery.
Operating income declined 18.3% to ¥19,272 million (US$177 million) due
mainly to a change in product sales composition.

175,757

Molding Machines

SalesComposition

186,253

Plastic Production and Processing Machinery

Performance in Fiscal 2019

156,204

Industrial Machinery Products Business20172018

2019 (FY)

Large-size all-electric injection moldingmachine

Molding Machines
All of our standard plastic injection molding machines are provided as an electric type to improvethe basic performance of the machines themselves, offer higher precision, and provide high productivity and energy saving. We also respond to diverse customer needs through proprietary technologies, including the new physical foam injection-molding technology called SOFIT, which ensureshigher added value of molded products; the FliP series of sub injection units for multi-color injection;
and J-WiSe IoT solutions.
In 2019, we started test operations of remote maintenance services. By remotely accessing themolding machines in customers’ factories, we confirm the operational status and perform malfunction diagnosis to support a wide spectrum of maintenance activities spanning from failure restoration to pre-emptive maintenance.

60,00060,000

00

2016

2017

2018

2019 (FY)2016

Magnesium alloy injection molding machine

B usi n e ss Li n e s
Production, sale, and maintenance of plastic injection molding machines, blow molders, magnesium thixomolding machines

Laser Application Products
We have been designing and manufacturing excimer laser annealing (ELA) systems, which are used formass production of high-quality liquid crystal displays (LCD), at the Yokohama Plant since 1995. We
continuously develop and commercialize machines that accommodate larger and higher definition
displays and deliver a number of products to leading display panel manufacturers around the world. In
addition, our subsidiary JSW IT Service Co. is expanding its business operations to encompass repair,modification, parts sales, and maintenance services for ELA systems and providing support to ensure
the high availability of delivered machines.
We also offer and market laser lift-off (LLO) systems for the production of flexible displays, which areanticipated as promising next-generation displays. Leveraging laser application technology as our corecompetence, we aim to expand into the fields of FPDs and semiconductors.
B usi n e ss Li n e sTopic
Absorption Merger of Meiki Co., Ltd.
As of April 1, 2020, we absorbed Meiki Co., Ltd., which joined the JSW Group in
the previous fiscal year, and renamed it as the Meiki Plant. The plant mainly
manufactures large injection molding machines for automobile parts. Throughthe merger, we intend to optimize our production structure for injection molding machines and improve Group-wide profitability.
Meiki Plant

Electronic components and displays (laser annealing systems, thin-film deposition systems, etc.)

06

07

O u r Bu s i n e s s D om a i n s

B u si n e ss Li n e sOrders Received

Sales

Millions of yen

Millions of yen

60,00060,000Clad steel plate

40,000

Production and sale of products for power generation; nuclear power-related equipment die materials; general cast and forgedsteel products such as rolled materials and dies; cast and forged steel materials such as functional materials; pressure vessels andrelated materials for oil refineries; and other areas

Clad Steel Plates and Pipes
The Muroran Plant possesses Japan’s largest quadruple reversible plate rolling machine and produces clad steel products, which are a metallurgically bonded composite material of various alloys.
We mainly produce high-quality clad steel plates and clad steel pipes using clad steel plates, andall of our products are used in a wide range of industrial applications in Japan and overseas, giving
this business a unique profile.

2018

2019 (FY)20,00019,50020,00040,00041,418In addition to being a leading global supplier of numerous extra-large cast and forged steel products,
the Muroran Plant produces a wide range of high-quality small and medium-sized cast and forged steel
products. Steel is manufactured in electric furnaces. In the process of forging ingots, which are thesource for cast and forged steel products, we not only have one of the world’s largest production
capacities of 670 tons but also strive to improve quality by utilizing the vacuum ingot-making method,ladle refinement method, vacuum melting method, and electro slag remelting method, thereby
responding to a trend toward high-value-added steel products. In the forging process, after forging
steel into specified shapes using two 14,000-ton presses, a 3,000-ton press, and hammers, the products
undergo heat treatment, machining, and finishing processes. In this way, we produce a diverse range ofproducts corresponding to the individual and varying needs of customers.
We apply technological capabilities nurtured by meeting stringent specification requirements fromcustomers in thermal, hydroelectric, and nuclear energy fields, and provide cast and forged steel products for a variety of applications not only in the existing energy fields but also in iron and steel, industrial machinery, and electronics industries while making proposals to customers as necessary.

Buck-up Roll for Plate Mill

41,251

Electric and Nuclear Power Products

36,287

Engineering Services

51,20719.0%

Orders totaled ¥44,991 million (US$413 million), up 31.8% year on year, due mainly
to increases in cast and forged steel products as well as clad steel plates and pipes.
Sales were on par with the previous fiscal year, increasing 0.4% to ¥41,418 million (US$381 million) as cast and forged steel products as well as clad steel plates
and pipes achieved almost the same level of sales compared with the previousfiscal year.
Operating income amounted to ¥2,484 million (US$23 million), down 7.1%, due
mainly to an increase in depreciation and amortization.

44,991

Clad Steel Products

Sales
Composition

34,123

Steel Casting and Forgings

Performance in Fiscal 2019

43,053

Steel and Energy Products Business002016

2017

2018

2019 (FY)

2016

2017

B u si n e ss Li n e s
Production and sale of clad steel plates, clad steel pipes, etc.

Total Engineering Services
This business provides comprehensive services ranging from civil engineering, construction, andgreening works to maintenance of wind power generators in addition to design, production, installation, inspection, repair, and maintenance of steel structures such as pressure vessels as well as forging
facilities. We also continuously provide materials for defense equipment, which has been one of JSW’s
founding businesses. Through these services, we seek to offer solutions to social issues and realize
engineering works that create new value.

Topic
Establishment of Japan Steel Works M&E, Inc.
On April 1, 2020, we established Japan Steel Works M&E, Inc. as a core subsidiary of the Material and Engineering Business. The Steel Business Division andMuroran Plant, which were both spun off from JSW, were merged with subsidiaries engaging in the related business. The establishment of the new company
is aimed at restructuring the Material and Engineering Business for higher profitability throughout the Group.

08

Japan Steel Works M&E, Inc.

09