About the demand of stainless steel from now on, it is said the rapid growth is over even if it doesn’t drop sharply.

But when you shift your attention to Asia, there is high expectation for increasing demand of stainless steel.
To expand the business to Asia, we considered 4 points to see where we can start the business that based on the stock distributing function which implemented in Japan.

1. The please that expecting reliable distributing function.
2. The place that has possibility for stainless steel demand growth in domestic market.
3. The place that be able to build the good relationship.
4. The place that national character is diligent & ambitious.

Vietnam has plenty resources such as crude oil, coal and petroleum, and population is over the 9000 million people.
Therefore, this county has potential for the construction of factory and facility with high necessity of stainless steel such as Food, Medicine and Beverage which are going to be needed in population growth, and petroleum refining / paper mill / power generation which utilize resources.
Also, Vietnam is the country who’s requesting financial assistance to Japan for various construction work including the North-South high-speed railroad, and relationship between Vietnam & Japan is very good such as Japanese Government announcing positive policy to Vietnam.
Number of Japanese company who’s moving a base from China to Vietnam is increasing because of the China Plus One, and It is changing to an environment where reliable material procurement functions are increasingly needed.
Economic growth can be expected to Vietnam where has more than half of population is under the 30 years old. Vietnamese are stability-oriented & diligent. Also Vietnamese are said to be good with their hands, an earnest and they have an ambition.

Like this, as this country connected strongly to 4 points, we have new base in Vietnam and we established company which can contribute to Vietnam’s growth with as this country.