Data

Key Data
11-Year Summary(Millions of yen)

(FY)

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Net sales (consolidated)

212,929

221,368

220,653

188,719

194,674

223,301

212,469

211,700

220,153

217,527

198,041

Operating income

28,49523,911

16,680

8,864

7,517

14,423

12,34020,57824,29018,70910,226

Profit before income taxes

27,923

20,30214,802

9,504(5,523)(22,049)(5,841)

14,892

29,317

14,154

12,960

Profit attributable toowners of parent

16,532

12,591

8,281

5,527

(5,327)(16,600)(4,968)

10,712

19,9669,310

6,893

Total assets

339,263

325,653

303,970

293,139

319,667

293,138

275,315

297,365

305,471

297,173

316,249

Net assets

120,820

128,613

134,368

139,268

138,234

111,340

107,587

118,600

129,827

132,492

141,985

0.20

0.12

0.02

0.00

(0.06)(0.10)(0.07)(0.23)(0.17)(0.18)(0.22)

Operating cash flow

21,77432,50723,735

11,54911,58019,721

12,023

26,712

1,092

18,95914,712

Investing cash flow

(28,238)(18,601)(5,832)(5,719)(2,675)(12,135)(13,580)(5,077)(1,334)(13,172)(3,243)Financing cash flow

2,116

(6,846)(15,259)(15,007)(2,964)

4,788(1,203)(2,457)(3,758)(6,164)

2,767

Cash and cash equivalents
at end of the period

41,116

48,10750,97242,29749,15261,45858,671

77,87973,82074,47788,759R&D expenses

4,487

4,626

4,054

3,836

4,104

4,292

4,237

4,369

4,506

4,708

4,586

Capital investment

26,722

8,256

5,570

5,242

7,992

14,010

9,502

6,436

9,945

10,585

12,592

Depreciation

20,003

19,252

16,061

12,95011,008

10,669

7,858

4,097

4,424

5,733

6,040

Earnings per share (Yen)

44.54

33.93

22.33

14.92(14.39)(45.32)(67.61) 1

145.77271.69126.66

93.76

37.5

55.0

45.0

35.0

Net D/E ratio

2

Dividend per share (Yen)

12.0

10.0

10.0

5.0

4.0

5.0

15.0

Consolidated dividend
payout ratio (%)

26.9

29.5

44.8

33.5

̶

̶̶

25.7

20.2

35.5

37.3

Operating income ratio (%)

13.4

10.8

7.6

4.7

3.9

6.5

5.8

9.7

11.0

8.6

5.2

ROE (%)

14.4

10.2

6.34.1(3.9)(13.5)

(4.6)

9.6

16.3

7.2

5.1

ROA (%)

5.0

3.8

2.6

1.9

(1.7)

(5.4)

(1.7)

3.7

6.6

3.1

2.2

1. The Company conducted a 1-for-5 reverse common stock split effective October 1, 2016. Earnings per share for fiscal 2016 is calculated on the assumption that the reverse stock split occurred at start of the fiscal year.
2. The Company conducted a 1-for-5 reverse common stock split effective October 1, 2016. Dividend per share for fiscal 2016 in the table above is the total of the interim dividend of ¥2.5 and the year-end dividend of ¥12.5.
Taking into consideration the effects of the reverse stock split, the interim dividend would have been ¥12.5, resulting in a total annual dividend per share of ¥25.

Key Non-Financial Data
CO2 Emissions

Energy Usage

Female Employee Ratio (Non-Consolidated)■ Scope 1 ■ Scope 2(t-CO2)

8.00

4,000
165,117150,000

Muroran Plant
Yokohama Plant

(%)

(TJ)

200,000 192,771 194,247
186,700 189,552

Frequency Rate of Accidents■ Fuel ■ Electricity

3,000

3,023

3,054

2,933

2,966

7.797.50

2,714

100,000

2,000

7.00

50,000

1,000

6.50

37.97

7.38

2016

2017

2018

2019

2020

(FY)

20.81

0.6102017

2018

2019

2020

(FY)

2016

2017

2018

2019

2020

(FY)

Note: Including employees seconded away from the Company;
not including employees seconded to the Company.

55 JSW Integrated Report 2021

2016

02017

02018

0.63
0.530
2019

0.79
0.4202020

Ratio of outside directors
(%)

33
25

916.002016

127.040.340■ Inside directors ■ Outside directors(Persons)

15

2.42*

6.65

0Composition of the Board of Directors
Hiroshima PlantMeiki Plant

3330
25

222222332062367766Jul.
2017

Jul.
2018

Jul.
2019

Jul.
2020

Jul.
2021

15100(FY)3550* Meiki Plant merged into The Japan Steel Works, Ltd. in fiscal 2020
Frequency rate of accidents at the Meiki Plant in fiscal 2020
due to the occurrence of multiple lost-worktime accidents

JSW Integrated Report 2021 56

Corporate Data (As of March 31, 2021)

Stock Information (As of March 31, 2021)

Company Information

Stock Status

Company NameThe Japan Steel Works, Ltd.

FoundedNovember 1, 1907

Incorporated

December 11, 1950

Head Office	Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome,Shinagawa-ku, Tokyo 141-0032, Japan
Representative Director & President

Naotaka Miyauchi

Share Capital¥19,778 million (As of July 20, 2021)

Number of Employees

5,442 (consolidated) 1,846 (non-consolidated)

Main Group Companies (As of October 1, 2021)
Domestic(Consolidated subsidiaries)
Nikko-YPK Shoji Co., Ltd.
24F, Gate City Ohsaki-West Tower, 11-1, Osaki
1-chome, Shinagawa-ku, Tokyo 141-0032, Japan
Phone: +81-3-5745-2131
Nikko Kosan Co., Ltd.
23F, Gate City Ohsaki-West Tower, 11-1, Osaki
1-chome, Shinagawa-ku, Tokyo 141-0032, Japan
Phone: +81-3-5745-2130
Nippla Inc.
6-1, Funakoshi-Minami 1-chome, Aki-ku,Hiroshima-shi, Hiroshima 736-0082, Japan
Phone: +81-82-847-5510
Sun∙Tectro, Ltd.
6-1, Funakoshi-Minami 1-chome, Aki-ku,Hiroshima-shi, Hiroshima 736-0082, Japan
Phone: +81-82-824-3881
Nikko Sekkei Co., Ltd.
6-1, Funakoshi-Minami 1-chome, Aki-ku,Hiroshima-shi, Hiroshima 736-0082, Japan
Phone: +81-82-822-7653
MG Precision Co., Ltd.
6-1, Funakoshi-Minami 1-chome, Aki-ku,Hiroshima-shi, Hiroshima 736-0082, Japan
Phone: +81-82-822-1305
Just Co., Ltd.
2-1, Horikoshi 3-chome, Minami-ku,Hiroshima-shi, Hiroshima 734-0052, Japan
Phone: +81-82-820-0123
Nikko Techno Co., Ltd.
6-1, Funakoshi-Minami 1-chome, Aki-ku,Hiroshima-shi, Hiroshima 736-0082, Japan
Phone: +81-82-822-3232

Japan Steel Works M&E, Inc.
4, Chatsucho, Muroran-shi, Hokkaido 051-8505, Japan
Phone: +81-143-22-0143
Nikko Unyu Co., Ltd.
4-1, Chatsucho, Muroran-shi, Hokkaido 051-8505, Japan
Phone: +81-143-22-7923
Nikko Truck Co., Ltd.
4-1, Chatsucho, Muroran-shi, Hokkaido 051-8505, Japan
Phone: +81-143-22-7923
Nikkou Muroran Service Co., Ltd.
4, Chatsucho, Muroran-shi, Hokkaido 051-8505, Japan
Phone: +81-143-24-2553
Muroran Environmental Plant Service, Ltd.
3F, JESCO, 14-7, Nakamachi, Muroran-shi, Hokkaido
050-0087, Japan
Phone: +81-143-22-0005
Fine Crystal Co., Ltd.
9-1, Chatsucho, Muroran-shi, Hokkaido 051-8505, Japan
Phone: +81-143-22-7401
Muroran Copper Alloy, Co., Ltd.
9-1, Chatsucho, Muroran-shi, Hokkaido 051-0006, Japan
Phone: +81-143-22-0690

Nikko Tokki Co., Ltd.
2908 Shinjuku Mitsui Building, 1-1, Nishishinjuku
2-chome, Shinjuku-ku, Tokyo 163-0429, Japan
Phone: +81-3-5326-8672
Tahara Machinery Ltd.
2-1, Kagurominami, Inzai-shi, Chiba 270-1369, Japan
Phone: +81-476-21-1991
GM Engineering Co., Ltd.
Shin-Yokohama No.1 Building, 14-27, Shinyokohama
2-chome, Kohoku-ku, Yokohama-shi, Kanagawa
222-0033, Japan
Phone: +81-45-472-6819
JSW AFTY Corporation
35-2, Hyoe 2-chome, Hachioji-shi, Tokyo192-0918, Japan
Phone: +81-42-632-8840(Non-consolidated subsidiary)
Fine Crystal Iwaki Co., Ltd.
2-6, Chubukogyodanchi, Iwaki-shi, Fukushima
972-8338, Japan
Phone: +81-246-68-6858

Authorized Shares

200,000,000 shares

Issued and Outstanding Shares

74,359,182 shares

Shareholders

18,978Major Shareholders
Shares Held

Shareholding
Ratio

The Master Trust Bank of Japan, Ltd.
(Trust Account)

9,619,700

13.08

Japan Trustee Services Bank, Ltd.
(Trust Account)

6,432,500

8.75

TAIJU LIFE INSURANCE COMPANY

2,827,600

3.84

Sumitomo Mitsui Banking Corp.

2,200,0322.99

BBH FOR MATTHEWS ASIA
DIVIDEND FUND

2,074,900

2.82

Sumitomo Mitsui Trust Bank, Ltd.

1,630,400

2.22

Mitsui Sumitomo Insurance Co., Ltd.

1,564,800

2.13

SSBTC CLIENT OMNIBUS ACCOUNT

1,134,872

1.54

Mitsubishi Heavy Industries, Ltd.

1,006,200

1.37

JPMBL RE UBS AG LONDONBRANCH COLL EQUITY

961,297

1.31

Classification of Shareholders
by Percentage of Shares Held
Securities Companies

1.91%

Foreign Corporations
and Foreign Individuals

Individuals
and Others

General Companies andOther Corporations

FinancialInstitutions

28.55%

12.92%

44.43%

12.19%

Note: Shareholding ratios are calculated after deducting 803,655 treasury sharesfrom the total number of shares issued.

Stock Price and Trading Volume
Stock price

Trading volume(Yen)(Thousand shares)

60,0004,500

JSW Aktina System Co., Ltd.
2-1, Fukuura 2-chome, Kanazawa-ku, Yokohama-shi,Kanagawa 236-0004, Japan
Phone: +81-45-787-8462

4,000

Nikko Kouki Co., Ltd.
2-1, Fukuura 2-chome, Kanazawa-ku, Yokohama-shi,
Kanagawa 236-0004, Japan
Phone: +81-45-701-7841

3,000

50,0003,500
40,0002,500
30,0002,000
1,500

20,000Overseas(Consolidated subsidiaries)
SM Platek Co., Ltd.
687-2, Seonggok-dong, Ansan-si, Kyeonggi-do,
South Korea
Phone: +82-31-488-3401
Japan Steel Works America, Inc.
1251 Avenue of the Americas, Suite 2390, New
York, NY 10020, U.S.A.
Phone: +1-212-490-2630

57 JSW Integrated Report 2021

(Non-consolidated subsidiaries)
The Japan Steel Works (Singapore) Pte. Ltd.
17 Gul Lane, Singapore 629413
Phone: +65-6861-4511

Japan Steel Works Europe GmbHFriedrichstr. 19, 40217 Düsseldorf, Germany
Phone: +49-211-3116660

JSW Electromechanical Trading (Shanghai) Co., Ltd.
304, Metro Plaza, 555 Loushanguan Road,
Changning District, Shanghai, China
Phone: +86-021-5206-7031

Japan Steel Works India Private Limited
611 Time Tower, MG Road, Sector 28, Gurgaon,
Haryana 122002, India
Phone: +91-124-469-4444

1,000
10,000
500
00
Apr.
2011

Apr.
2012

Apr.
2013

Apr.
2014

Apr.
2015

Apr.
2016

Apr.
2017

Apr.
2018

Apr.
2019

Apr.
2020

Apr.
2021

Note: T he Company conducted a 1-for-5 reverse common stock split and changed the number of shares per stock unit from 1,000 shares to 100 shares, effectiveOctober 1, 2016. All stock prices and trading volumes in the graph above are shown taking into consideration the effects of the reverse stock split.

JSW Integrated Report 2021 58