Three consolidated subsidiaries of Nippon Steel & Sumitomo Metal Corporation (NSSMC), namely Nippon Steel & Sumikin Technology Corporation, Ltd. (NSST; Representative Director and President: Yoshiaki Nakamura), Nippon Steel & Sumikin Kansai Industries, Ltd. (NSKI; Representative Director and President: Akira Kubo), and Kantoc Roll, Ltd. (Kantoc; President and Representative Director: Kazuya Aoyagi) are scheduled to integrate and reorganize their railway engineering businesses into a new company and establish a manufacturing process company for the Osaka Steel Works on April 1, 2015.
These changes had been announced last July; newly determined details are as stated below.
1. The railway engineering company
| 1)Corporate Name: | Nippon Steel & Sumikin Railway Technology Co., Ltd. |
| 2)Representative: | Mitsuo Miyahara (Head of Osaka Steel Works, Railway, Automotive & Machinery Parts Unit, NSSMC as of April 1, 2015) |
| 3)Head office: | 5-1-109 Shimaya, Konohana-ku, Osaka |
| 4)Capital: | 310 million yen |
| 5)Employees: | Approx. 200 |
| 6)Business activities: | Railway engineering (Design, manufacture, and sale of railway maintenance equipment and maintenance support systems), railway vehicle testing, and others |
Working with NSSMC’s Railway, Automotive & Machinery Parts Unit, Nippon Steel & Sumikin Railway Technology will contribute to railway safety and reliable transportation by supplying a broad range of products extending from railway vehicle parts to railway maintenance equipment.
2. The manufacturing company for the Osaka Steel Works
| 1)Corporate name: | Nippon Steel & Sumikin Kansai Machining Co., Ltd. |
| 2)Representative: | Kazuya Aoyagi |
| 3)Head office: | 5-1-109 Shimaya, Konohana-ku, Osaka |
| 4)Capital: | 80 million yen |
| 5)Employees: | Approx. 340 |
| 6)Business activities: | Machining, manufacturing of dies for forging, and manufacturing of forged rolls (including machining, heat treatment, and inspection) |
Nippon Steel & Sumikin Kansai Machining will integrate NSKI’s business of machining and manufacturing of dies for forging and Kantoc’s business of manufacturing forged rolls, both being operated at the Osaka Steel Works of NSSMC’s Railway, Automotive & Machinery Parts Unit. By this integration, the new company will ensure and maintain the technologies and skills, closely cooperate with the Osaka Steel Works, improve manufacturing capability, and further enhance product competitiveness.
