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{{Short description|Japanese steelmaker}}
{{Use mdy dates|date=November 2017}}
{{Infobox company
{{Infobox company
| name = JFE Holdings, Inc.
| name = JFE Holdings, Inc.
| image_caption = Headquarters at Hibiya International Building in [[Chiyoda, Tokyo]]
⚫
| logo = [[Image:JFE Holdings logo.png|100px]]
| trade_name = JFE
⚫
| type = [[public company|Public]] [[Kabushiki kaisha|KK]]
| native_name = {{ruby-ja|JFE|ジェイエフイー}}ホールディングス株式会社
| traded_as = {{Tyo|5411}}
| native_name_lang = ja
⚫
| foundation = 2002 (from merger)
| romanized_name = Jeiefuī Hōrudingusu kabushiki gaisha
| location = [[Tokyo]], [[Japan]]
⚫
| logo = JFE Holdings company logo.svg
| key_people = Fumio Sudo, President & CEO
| logo_size = 140px
⚫
| industry = [[Steel]], wind turbine manufacturing
| image = Hibiya_International_Building.jpg
⚫
| products = Steel, flat steel products, long steel products, [[Wire|wire products]], plates
⚫
| type = [[Public company|Public]] [[Kabushiki gaisha|KK]]
⚫
| revenue = {{profit}} ¥ 3,539.802 billion [[Japanese yen|JPY]] ([[fiscal year|FY]] 2007)
| traded_as = {{Tyo|5411}}<br/>{{NAG|5411}}<br/>[[TOPIX|TOPIX Large 70 Component]]
| net_income = {{profit}} ¥ 261.845 billion [[Japanese yen|JPY]] ([[fiscal year|FY]] 2007)
| ISIN = {{ISIN|sl=n|pl=y|JP3386030005}}
| num_employees = 56,688 (2007)
| subsid = JFE Steel<br />JFE Engineering
| predecessor = NKK Corporation<br/>Kawasaki Steel
⚫
| foundation = {{Start date and age|2002|09|27}} (through merger)
⚫
| homepage = [http://www.jfe-holdings.co.jp/en/ www.JFE-Holdings.co.jp]
| hq_location_city = [[Uchisaiwaichō]], [[Chiyoda, Tokyo|Chiyoda-ku, Tokyo]] 100-0011
}}[[Image:Hibiya International bldg.JPG|thumb|right|190px|The headquarters of JFE Holdings, Inc.]]
| hq_location_country = Japan
⚫
{{nihongo|'''JFE Holdings, Inc.'''|JFE ホールディングス株式会社|Jeiefuī Hōrudingusu Kabushiki-gaisha}} is a [[corporation]] headquartered in [[Tokyo]], [[Japan]]. It was formed in 2002 by the [[merger]] of {{nihongo|'''NKK'''|日本鋼管株式会社|Nihon Kōkan Kabushiki-gaisha}} and {{nihongo|'''Kawasaki Steel Corporation'''|川崎製鉄株式会社|Kawasaki Seitetsu Kabushiki-gaisha}}.
| area_served = Worldwide
At the time, NKK Corporation was Japan's second largest steelmaker and Kawasaki Steel was the third largest steelmaker.<ref>{{cite web|url=http://articles.baltimoresun.com/2001-04-14/business/0104140018_1_nkk-corp-nippon-steel-kawasaki-steel |title=Japan steel merger to join No. 2, No. 3 - tribunedigital-baltimoresun |publisher=Articles.baltimoresun.com |date=2001-04-14 |accessdate=2015-05-28}}</ref>
| key_people = Eiji Hayashida<br/><small>([[President (corporate title)|President]] and [[CEO]])</small>
⚫
Both companies were major military vessel manufacturers during [[World War II]].
⚫
| industry = [[Steel]]
⚫
| products = {{unbulleted list|Steel|Flat steel products|Long steel products|[[Wire|Wire products]]|Steel plates}}
| services = {{unbulleted list|Engineering|Trading services}}
⚫
| revenue = [[Japanese yen|JPY]] 3,308 billion ([[Fiscal year|FY]] 2016)
([[US dollar|US$]] 30.5 billion) (FY 2016)
| net_income = JPY 67.9 billion (FY 2016)
(US$ 627 million) (FY 2016)
| num_employees = 60,439 (consolidated, as of March 31, 2017)
| subsid = [[JFE Steel]]<br/>JFE Engineering<br/>Japan Marine United (45.93%)
⚫
| homepage = {{Official website|http://www.jfe-holdings.co.jp/en/index.html}}
| footnotes = <ref>{{cite web |url=http://www.jfe-holdings.co.jp/en/company/h-gaiyo/index.html |title=Outline of JFE Holdings |publisher=JFE Holdings |access-date=November 28, 2017}}</ref><ref name="Nikkei">{{cite web |url=https://asia.nikkei.com/Company/05G6HS-E |title=Company Profile |work=[[Nikkei Asian Review]] |publisher=[[Nikkei Inc.]] |access-date=November 28, 2017 |archive-date=March 30, 2018 |archive-url=https://web.archive.org/web/20180330165310/https://asia.nikkei.com/Company/05G6HS-E |url-status=dead }}</ref>
}}


⚫
{{nihongo|'''JFE Holdings, Inc.'''|{{ruby-ja|JFE|ジェイエフイー}}ホールディングス株式会社|Jeiefuī Hōrudingusu Kabushiki-gaisha}} is a corporation headquartered in [[Tokyo]], [[Japan]]. It was formed in 2002 by the [[merger]] of {{nihongo|'''NKK'''|日本鋼管株式会社|Nippon Kōkan Kabushiki-gaisha}} and {{nihongo|'''[[Kawasaki Steel Corporation]]'''|川崎製鉄株式会社|Kawasaki Seitetsu Kabushiki-gaisha}} and owns [[JFE Steel]], [[JFE Engineering]] and [[Japan Marine United]]. JFE is from Japan, Fe (the [[chemical element]] symbol of [[iron]]) and [[Engineering]]. In 2020, it was ranked 365th in [[Fortune Global 500]] List.
⚫
JFE's main business is [[steel]] production. It also engages in [[engineering]], [[ship building]], real-estate redevelopment, and LSi business.<ref>{{cite web|url=http://www.jfe-holdings.co.jp/en/company/g-gaiyo/uriage.html |title=JFE Holdings, Inc. - Company Profile - Outline of JFE Group - Business Scale, Lines of Business/Products and Production Bases |publisher=Jfe-holdings.co.jp |date= |accessdate=2015-05-28}}</ref> The company also operates several overseas [[subsidiary|subsidiaries]], including California Steel in the [[United States]], Fujian Sino-Japan Metal in [[China]], and Minas da Serra Geral in [[Brazil]]. Other than steel, they are also known for products such as the [[bicycle tree]].


==Mergers and Spinoffs==
⚫
JFE Holdings is the fifth largest steel maker in the world with revenue in excess of US$30 billion. JFE Holdings has several subsidiaries including JFE Engineering, JFE Steel and JFE Shoji.
At the time JFE Holdings was created in 2002, NKK Corporation was Japan's second largest steelmaker and Kawasaki Steel was the third largest steelmaker.<ref>{{cite web |url=https://www.baltimoresun.com/news/bs-xpm-2001-04-14-0104140018-story.html |title=JJapan steel merger to join No. 2, No. 3 |work=[[The Baltimore Sun]] |date=April 14, 2001 |access-date=May 28, 2015 |archive-date=October 10, 2016 |archive-url=https://web.archive.org/web/20161010103600/http://articles.baltimoresun.com/2001-04-14/business/0104140018_1_nkk-corp-nippon-steel-kawasaki-steel |url-status=live }}</ref>
⚫
Both companies were major military vessel manufacturers during [[World War II]].


⚫
JFE's main business is [[steel]] production. It also engages in [[engineering]], [[ship building]], real-estate redevelopment, and LSi business. The company also operates several overseas [[subsidiary|subsidiaries]], including [[California Steel Industries]] in the [[United States]], Fujian Sino-Japan Metal in [[China]], and Minas da Serra Geral in [[Brazil]]. Other than steel, they are also known for products such as the [[bicycle tree]].<ref name="Picken2016">{{cite book|first=Stuart D. B. |last=Picken|title=Historical Dictionary of Japanese Business|date=December 19, 2016|publisher=[[Rowman & Littlefield|Rowman & Littlefield Publishers]]|isbn=978-1-4422-5589-0|pages=215–216}}</ref>
⚫
NKK and Siderca S.A. of Argentina established a seamless pipe joint venture by spinning off the seamless pipe division of NKK's Keihin Works in 2000. In November 2009, JFE agreed to partner with JSW Steel, India's third-largest steel producer, to construct a joint steel plant in [[West Bengal]].<ref>{{cite news |title=JSW Steel, Japan JFE to consider steel plant in India |url=http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBMB00911220091119 |author=Sunil Nair |date=November 19, 2009 |newspaper=[[Reuters]] |accessdate=November 20, 2009}}</ref>


⚫
JFE Holdings owns [[JFE Steel]], the fifth largest steel maker in the world with revenue in excess of US$30 billion. JFE Holdings has other subsidiaries including JFE Engineering, JFE Steel and JFE Shoji,<ref name="Picken2016"/> and part-owns [[Japan Marine United]], a major [[shipbuilding]] company.
⚫
Its shipbuilding unit, Universal Shipbuilding was created in 2002 when NKK Corporation a predecessor of JFE, merged its shipbuilding unit with that of [[Hitachi Zosen Corporation|Hitachi Zosen]]. In 2012, JFE merged its ship building unit, Universal Shipbuilding Corporation, with Marine United Inc. of [[IHI Corporation|IHI]] after discussion started in April 2008 to form [[Japan Marine United]] Corporation<ref>{{cite web|last=Suga |first=Masumi |url=http://www.bloomberg.com/news/2012-01-30/jfe-ihi-to-merge-shipbuilding-units-to-survive-competition-1-.html |title=JFE, IHI to Merge Shipbuilding Units to Survive Competition |publisher=Bloomberg.com |date=2012-01-30 |accessdate=2015-05-28}}</ref> It aims to become Japan’s largest shipbuilder.<ref>{{cite web|author= |url=http://www.bloomberg.com/news/2012-03-02/jfe-ihi-shipbuilding-merger-to-target-6-2-billion-of-sales-in-five-years.html |title=JFE, IHI Ship Merger to Target $6.2 Billion of Sales in 5 Years - Bloomberg Business |publisher=Bloomberg.com |date=2012-03-01 |accessdate=2015-05-28}}</ref>


⚫
NKK and Siderca S.A. of Argentina established a seamless pipe joint venture by spinning off the seamless pipe division of NKK's Keihin Works in 2000.<ref name="Picken2016"/> In November 2009, JFE agreed to partner with JSW Steel, India's third-largest steel producer, to construct a joint steel plant in [[West Bengal]].<ref>{{cite news |title=JSW Steel, Japan JFE to consider steel plant in India |url=https://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBMB00911220091119 |author=Sunil Nair |date=November 19, 2009 |newspaper=[[Reuters]] |access-date=November 20, 2009}}</ref> In July 2010, JFE acquired a 14.9% stake in India's JSW Steel Ltd.
==Major plant locations==

*[[Chiba, Chiba|Chiba]]
⚫
Its shipbuilding unit, Universal Shipbuilding was created in 2002 when NKK Corporation a predecessor of JFE, merged its shipbuilding unit with that of [[Hitachi Zosen Corporation|Hitachi Zosen]]. In 2012, JFE merged its ship building unit, Universal Shipbuilding Corporation, with Marine United Inc. of [[IHI Corporation|IHI]] after discussion started in April 2008 to form [[Japan Marine United]] Corporation<ref>{{cite news|last=Suga |first=Masumi |url=https://www.bloomberg.com/news/2012-01-30/jfe-ihi-to-merge-shipbuilding-units-to-survive-competition-1-.html |title=JFE, IHI to Merge Shipbuilding Units to Survive Competition |newspaper=Bloomberg.com |date=January 30, 2012 |access-date=May 28, 2015}}</ref> It aimed to become Japan's largest shipbuilder.<ref>{{cite news|url=https://www.bloomberg.com/news/2012-03-02/jfe-ihi-shipbuilding-merger-to-target-6-2-billion-of-sales-in-five-years.html |title=JFE, IHI Ship Merger to Target $6.2 Billion of Sales in 5 Years - Bloomberg Business |newspaper=Bloomberg.com |date=March 1, 2012 |access-date=May 28, 2015}}</ref> However, on January 1, 2021, JMU (with 49% of shares) merged into a new joint venture with [[Imabari Shipbuilding]] (with 51% of shares) named Nihon Shipyard and covering all ship types except LNG tankers. In parallel, Imabari Shipbuilding bought 30% of JMU's shares. The cooperation between Imabari Shipbuilding and JMU make it one of the largest marine engineering and shipbuilding company in the world.
*[[Kawasaki, Kanagawa|Kawasaki]], [[Kanagawa Prefecture|Kanagawa]]
*[[Kurashiki, Okayama|Kurashiki]], [[Okayama Prefecture|Okayama]]
*[[Fukuyama, Hiroshima|Fukuyama]], [[Hiroshima Prefecture|Hiroshima]]


==Products==
==Products==
===Super-rapid charging===
===Super-rapid charging===
JFE Engineering Corporation is developing a quick [[charging station|charge system]] that it claims can take a battery from zero charge to 50% full in about 3 minutes. It has two batteries, one that stores electrical energy from the [[electrical grid|grid]] and another that delivers it to the car at extremely high current (500-600 [[Ampere|amp]]s), which allows it to use a [[low voltage|low-voltage]] power supply.<ref>{{cite web |url=http://techon.nikkeibp.co.jp/english/NEWS_EN/20100621/183598/ |title=JFE Engineering Announces 'Super-rapid' EV Charging System |author=Keisuke Ogawa |date=2010-06-21 |work=Tech-On! |publisher=[[Nikkei Business Publications]] |accessdate=2010-06-27}}</ref> The company claims that even though one station costs about $63,000, that’s roughly 40% less than the competing [[CHAdeMO]] system.<ref>{{cite web |url=http://gas2.org/2010/05/05/ultra-quick-battery-charge-system-developed-50-full-in-3-minutes/#more-7511 |title=Ultra Quick Battery Charge System Developed: 50% Full in 3 Minutes |author=Nick Chambers |date=2010-05-05 |publisher=gas2.0 |accessdate=2010-06-27}}</ref>
JFE Engineering Corporation is developing a quick [[charging station]] that it claims can take a battery from zero charge to 50% full in about 3 minutes. It has two batteries, one that stores electrical energy from the [[electrical grid|grid]] and another that delivers it to the car at extremely high current (500-600 [[ampere]]), which allows it to use a [[low voltage]] power supply.<ref>{{cite web |url=http://techon.nikkeibp.co.jp/english/NEWS_EN/20100621/183598/ |title=JFE Engineering Announces 'Super-rapid' EV Charging System |author=Keisuke Ogawa |date=June 21, 2010 |work=Tech-On! |publisher=[[Nikkei Business Publications]] |access-date=June 27, 2010}}</ref> The company claims that even though one station costs about $63,000, that's roughly 40% less than the competing [[CHAdeMO]] system.<ref>{{cite web |url=http://gas2.org/2010/05/05/ultra-quick-battery-charge-system-developed-50-full-in-3-minutes/#more-7511 |title=Ultra Quick Battery Charge System Developed: 50% Full in 3 Minutes |author=Nick Chambers |date=May 5, 2010 |publisher=gas2.0 |access-date=June 27, 2010}}</ref>


===Bicycle Tree===
===Bicycle Tree===
The bicycle tree is an automatic storage system for bicycles that can hold up to 6,000 bikes. The systems works by fitting the bicycle with an electronic tag and a computer saves the owner's data. Then a mechanical arm pulls the bike into a cylindrical well and stores it in a free location. When the owner wants to retrieve the bike, a card is swiped through a reader and the computer retrieves the bike based on the data.<ref>{{cite web |url=https://www.theguardian.com/environment/green-living-blog/2009/nov/05/japan-best-bike-shed |title=Has Japan designed the world's best bike shed? |first= David |last=Munk |date=November 5, 2009 |access-date=November 28, 2017 |work=[[The Guardian]]}}</ref>
{{empty section|date=December 2016}}

==Carbon footprint==
JFE Holdings, Inc. reported Total [[carbon footprint|CO2e emissions]] (Direct + Indirect) for the twelve months ending 31 March 2019 at 60,500 Kt (+600/+1% y-o-y).<ref name ="JFE Holdings, Inc. Total CO2e emissions for 2019Q1">{{Cite web |title=JFE Holdings, Inc.'s Sustainability Report for 2020Q1 |archive-url=https://web.archive.org/web/20211001094856/https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf |url=https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf|archive-date=October 1, 2021 }} [https://analytics.exerica.com/App/Name/JFE%20Holdings,%20Inc./Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2019Q1/12 Alt URL]</ref> There have been no significant reductions in recent years.

{| class="wikitable"
|+ JFE Holdings, Inc.'s annual Total [[carbon footprint|CO2e emissions]] (Direct + Indirect) (in kilotonnes)
|-
! Mar 2016 !! Mar 2017 !! Mar 2018 !! Mar 2019
|-
| 61,400<ref>{{Cite web |title=JFE Holdings, Inc.'s Sustainability Report for 2020Q1 |archive-url=https://web.archive.org/web/20211001094856/https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf |url=https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf|archive-date=October 1, 2021 }} [https://analytics.exerica.com/App/Name/JFE%20Holdings,%20Inc./Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2016Q1/12 Alt URL]</ref> || 62,300<ref>{{Cite web |title=JFE Holdings, Inc.'s Sustainability Report for 2020Q1 |archive-url=https://web.archive.org/web/20211001094856/https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf |url=https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf|archive-date=October 1, 2021 }} [https://analytics.exerica.com/App/Name/JFE%20Holdings,%20Inc./Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2017Q1/12 Alt URL]</ref> || 59,900<ref>{{Cite web |title=JFE Holdings, Inc.'s Sustainability Report for 2020Q1 |archive-url=https://web.archive.org/web/20211001094856/https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf |url=https://www.jfe-holdings.co.jp/en/csr/pdf/csr_2020e.pdf|archive-date=October 1, 2021 }} [https://analytics.exerica.com/App/Name/JFE%20Holdings,%20Inc./Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2018Q1/12 Alt URL]</ref> || 60,500<ref name="JFE Holdings, Inc. Total CO2e emissions for 2019Q1"/>
|}


==References==
==References==
*JFE Holdings, Inc. ''[http://www.jfe-holdings.co.jp/en/investor/business-report/2008/pdf/jfe_br2008.pdf 2008 JFE Group Business Report]''. 2008-03-31.
{{Reflist}}
{{Reflist}}


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*[http://www.jfe-steel.co.jp/en/ JFE Steel Corporation] (English)
*[http://www.jfe-steel.co.jp/en/ JFE Steel Corporation] (English)
*[http://www.jfe-eng.co.jp/en/ JFE Engineering Corporation] (English)
*[http://www.jfe-eng.co.jp/en/ JFE Engineering Corporation] (English)
*[http://www.u-zosen.co.jp/en_u-zosen/index.html Universal Shipbuilding Corporation]
*[https://www.jfe-shoji-ele.co.jp/en/ JFE Shoji Electronics Corporation] (English)



{{Portal|Companies}}
{{Portal|Japan|Engineering|Companies}}
{{TOPIX 100}}
{{TOPIX 100}}
{{Nikkei 225}}
{{Nikkei 225}}
{{Authority control}}


[[Category:Manufacturing companies established in 2002]]
[[Category:Steel companies of Japan]]
[[Category:Manufacturing companies based in Tokyo]]
[[Category:Manufacturing companies based in Tokyo]]
[[Category:Holding companies based in Tokyo]]
[[Category:Electrical engineering companies of Japan]]
[[Category:Electrical engineering companies of Japan]]
[[Category:Electrical wiring and construction supplies manufacturers]]
[[Category:Electrical wiring and construction supplies manufacturers]]
[[Category:Steel companies of Japan]]
[[Category:Wind turbine manufacturers]]
[[Category:Shipbuilding companies of Japan]]
[[Category:Shipbuilding companies of Japan]]
[[Category:Defense companies of Japan]]
[[Category:Defense companies of Japan]]
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[[Category:Wind power in Japan]]
[[Category:Wind turbine manufacturers]]
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[[Category:Japanese brands]]
[[Category:Companies listed on the Tokyo Stock Exchange]]
[[Category:Companies listed on the Tokyo Stock Exchange]]
[[Category:Fuyo Group]]
[[Category:Companies in the Nikkei 225]]
[[Category:Manufacturing companies established in 2002]]
[[Category:Holding companies established in 2002]]
[[Category:Japanese companies established in 2002]]
[[Category:Japanese companies established in 2002]]
[[Category:Fuyo Group]]
⚫
[[Category:Japanese brands]]
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[[Category:Wind power in Japan]]

Latest revision as of 04:54, 8 December 2024

JFE Holdings, Inc.
JFE
Native name
JFE（ジェイエフイー）ホールディングス株式会社
Jeiefuī Hōrudingusu kabushiki gaisha
Company typePublic KK
TYO: 5411
NAG: 5411
TOPIX Large 70 Component
ISINJP3386030005
IndustrySteel
PredecessorNKK Corporation
Kawasaki Steel
FoundedSeptember 27, 2002; 22 years ago (2002-09-27) (through merger)
Headquarters
Uchisaiwaichō, Chiyoda-ku, Tokyo 100-0011
,
Japan
Area served
Worldwide
Key people
Eiji Hayashida
(President and CEO)
Products
  • Steel
  • Flat steel products
  • Long steel products
  • Wire products
  • Steel plates
Services
  • Engineering
  • Trading services
RevenueJPY 3,308 billion (FY 2016) (US$ 30.5 billion) (FY 2016)
JPY 67.9 billion (FY 2016) (US$ 627 million) (FY 2016)
Number of employees
60,439 (consolidated, as of March 31, 2017)
SubsidiariesJFE Steel
JFE Engineering
Japan Marine United (45.93%)
WebsiteOfficial website
Footnotes / references
[1][2]

JFE Holdings, Inc. (JFE（ジェイエフイー）ホールディングス株式会社, Jeiefuī Hōrudingusu Kabushiki-gaisha) is a corporation headquartered in Tokyo, Japan. It was formed in 2002 by the merger of NKK (日本鋼管株式会社, Nippon Kōkan Kabushiki-gaisha) and Kawasaki Steel Corporation (川崎製鉄株式会社, Kawasaki Seitetsu Kabushiki-gaisha) and owns JFE Steel, JFE Engineering and Japan Marine United. JFE is from Japan, Fe (the chemical element symbol of iron) and Engineering. In 2020, it was ranked 365th in Fortune Global 500 List.

Mergers and Spinoffs

[edit]

At the time JFE Holdings was created in 2002, NKK Corporation was Japan's second largest steelmaker and Kawasaki Steel was the third largest steelmaker.[3] Both companies were major military vessel manufacturers during World War II.

JFE's main business is steel production. It also engages in engineering, ship building, real-estate redevelopment, and LSi business. The company also operates several overseas subsidiaries, including California Steel Industries in the United States, Fujian Sino-Japan Metal in China, and Minas da Serra Geral in Brazil. Other than steel, they are also known for products such as the bicycle tree.[4]

JFE Holdings owns JFE Steel, the fifth largest steel maker in the world with revenue in excess of US$30 billion. JFE Holdings has other subsidiaries including JFE Engineering, JFE Steel and JFE Shoji,[4] and part-owns Japan Marine United, a major shipbuilding company.

NKK and Siderca S.A. of Argentina established a seamless pipe joint venture by spinning off the seamless pipe division of NKK's Keihin Works in 2000.[4] In November 2009, JFE agreed to partner with JSW Steel, India's third-largest steel producer, to construct a joint steel plant in West Bengal.[5] In July 2010, JFE acquired a 14.9% stake in India's JSW Steel Ltd.

Its shipbuilding unit, Universal Shipbuilding was created in 2002 when NKK Corporation a predecessor of JFE, merged its shipbuilding unit with that of Hitachi Zosen. In 2012, JFE merged its ship building unit, Universal Shipbuilding Corporation, with Marine United Inc. of IHI after discussion started in April 2008 to form Japan Marine United Corporation[6] It aimed to become Japan's largest shipbuilder.[7] However, on January 1, 2021, JMU (with 49% of shares) merged into a new joint venture with Imabari Shipbuilding (with 51% of shares) named Nihon Shipyard and covering all ship types except LNG tankers. In parallel, Imabari Shipbuilding bought 30% of JMU's shares. The cooperation between Imabari Shipbuilding and JMU make it one of the largest marine engineering and shipbuilding company in the world.

Products

[edit]

Super-rapid charging

[edit]

JFE Engineering Corporation is developing a quick charging station that it claims can take a battery from zero charge to 50% full in about 3 minutes. It has two batteries, one that stores electrical energy from the grid and another that delivers it to the car at extremely high current (500-600 ampere), which allows it to use a low voltage power supply.[8] The company claims that even though one station costs about $63,000, that's roughly 40% less than the competing CHAdeMO system.[9]

Bicycle Tree

[edit]

The bicycle tree is an automatic storage system for bicycles that can hold up to 6,000 bikes. The systems works by fitting the bicycle with an electronic tag and a computer saves the owner's data. Then a mechanical arm pulls the bike into a cylindrical well and stores it in a free location. When the owner wants to retrieve the bike, a card is swiped through a reader and the computer retrieves the bike based on the data.[10]

Carbon footprint

[edit]

JFE Holdings, Inc. reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 March 2019 at 60,500 Kt (+600/+1% y-o-y).[11] There have been no significant reductions in recent years.

JFE Holdings, Inc.'s annual Total CO2e emissions (Direct + Indirect) (in kilotonnes)
Mar 2016 Mar 2017 Mar 2018 Mar 2019
61,400[12] 62,300[13] 59,900[14] 60,500[11]

References

[edit]
  1. ^ "Outline of JFE Holdings". JFE Holdings. Retrieved November 28, 2017.
  2. ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Archived from the original on March 30, 2018. Retrieved November 28, 2017.
  3. ^ "JJapan steel merger to join No. 2, No. 3". The Baltimore Sun. April 14, 2001. Archived from the original on October 10, 2016. Retrieved May 28, 2015.
  4. ^ a b c Picken, Stuart D. B. (December 19, 2016). Historical Dictionary of Japanese Business. Rowman & Littlefield Publishers. pp. 215–216. ISBN 978-1-4422-5589-0.
  5. ^ Sunil Nair (November 19, 2009). "JSW Steel, Japan JFE to consider steel plant in India". Reuters. Retrieved November 20, 2009.
  6. ^ Suga, Masumi (January 30, 2012). "JFE, IHI to Merge Shipbuilding Units to Survive Competition". Bloomberg.com. Retrieved May 28, 2015.
  7. ^ "JFE, IHI Ship Merger to Target $6.2 Billion of Sales in 5 Years - Bloomberg Business". Bloomberg.com. March 1, 2012. Retrieved May 28, 2015.
  8. ^ Keisuke Ogawa (June 21, 2010). "JFE Engineering Announces 'Super-rapid' EV Charging System". Tech-On!. Nikkei Business Publications. Retrieved June 27, 2010.
  9. ^ Nick Chambers (May 5, 2010). "Ultra Quick Battery Charge System Developed: 50% Full in 3 Minutes". gas2.0. Retrieved June 27, 2010.
  10. ^ Munk, David (November 5, 2009). "Has Japan designed the world's best bike shed?". The Guardian. Retrieved November 28, 2017.
  11. ^ a b "JFE Holdings, Inc.'s Sustainability Report for 2020Q1" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
  12. ^ "JFE Holdings, Inc.'s Sustainability Report for 2020Q1" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
  13. ^ "JFE Holdings, Inc.'s Sustainability Report for 2020Q1" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
  14. ^ "JFE Holdings, Inc.'s Sustainability Report for 2020Q1" (PDF). Archived from the original (PDF) on October 1, 2021. Alt URL
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