**Revenue distribution by industries:**
1. Construction industry: approx. 50%
2. Automotive industry: approx. 30%
3. Mechanical engineering and others: approx. 20%

**TOP 3 markets:**
1. Japan: approx. 60%
2. Southeast Asia: approx. 25%
3. North America: approx. 15%

Kyoei Steel Ltd. generates the majority of its revenue from the construction industry, which is due to the strong demand for steel products for infrastructure projects. The automotive industry also represents a significant market, as steel is an essential component in vehicle production.

Geographically, Japan is the largest market for Kyoei Steel, attributed to its local presence and strong economic activity in the construction sector. Southeast Asia and North America are also important markets, with a growing demand for steel products in various industries in these regions.

**Production sites of Kyoei Steel Ltd.:**

1. **Japan:** Kyoei Steel operates several plants in Japan specializing in the production of steel products. The main production facilities are located in the Osaka and Aichi prefectures.

2. **Vietnam:** The company also has production capacities in Vietnam to meet demand in Southeast Asia.

3. **USA:** Kyoei Steel owns production facilities in the United States focused on the North American market.

Kyoei Steel Ltd. utilizes these international production sites to expand its market presence and efficiently respond to regional demands. The strategic placement of the plants enables the company to effectively serve both local and global markets.

**Revenue growth:** 4.5% (2025)
**Investments in green technologies:** 20 million USD (2025)

Kyoei Steel Ltd. pursues a strategy focused on sustainable growth and innovation. A key element of this strategy is investing in green technologies to reduce CO2 emissions and increase energy efficiency. This includes both modernizing existing production facilities and developing new environmentally friendly products.

Furthermore, the company is aiming to expand into international markets, particularly in Asia, to strengthen its market presence and tap into new revenue sources. Through strategic partnerships and joint ventures, Kyoei Steel plans to expand its production capacities and benefit from growth opportunities in these regions.

Another focus is on digitizing and automating production processes to increase efficiency and reduce costs. These measures are intended to secure the company's competitiveness in the long term and promote revenue growth.

**Main raw materials:** Iron scrap, alloying elements
**Countries of origin:** USA, Australia, Brazil, Russia

Kyoei Steel Ltd. mainly imports iron scrap as the primary raw material for steel production. The majority of this material comes from the USA, which is considered one of the largest exporters of iron scrap worldwide. In addition, alloying elements such as manganese and nickel are imported to produce special types of steel. These alloying elements are often sourced from countries like Australia, Brazil, and Russia, which are rich in these natural resources.

The dependence on these imports is crucial for Kyoei Steel to ensure the quality and variety of their steel products. The geographical diversification of suppliers helps the company minimize risks in the supply chain and offset cost fluctuations.

**Market share:** 5% (estimated, 2026)
**EBITDA margin:** 8.2% (2025)
**ROE (Return on Equity):** 10.5% (2025)

Kyoei Steel Ltd. has a moderate competitive advantage in the steel industry, supported by its specialized product range and geographical presence. The EBITDA margin of 8.2% indicates that the company operates efficiently, but still has potential for improvement compared to industry leaders.

The estimated market share of 5% suggests that Kyoei Steel Ltd. operates in a highly fragmented market where larger competitors with higher production capacities dominate. However, focusing on niche markets and specialized steel products allows the company to differentiate itself from the competition.

The Return on Equity of 10.5% is an indicator of solid profitability, suggesting that the company is able to generate adequate returns from its investments. To further strengthen its competitive advantage, Kyoei Steel Ltd. could invest in technological innovations and sustainable production methods.

**Institutional Investor Share:** 45% (estimated for 2026)

**Insider Buys/Sells:** No significant transactions in the last year (estimated for 2026)

The institutional investor share in Kyoei Steel Ltd. is estimated to be around 45%. This indicates a moderate interest from institutional investors, suggesting a stable but not overly aggressive investment strategy.

Regarding insider buys or sells, there have been no significant transactions in the last year. This could indicate that insiders are either satisfied with the current company strategy or do not expect significant changes in the company's valuation.

**Market share of Kyoei Steel Ltd.:** Estimated 5% (2026)

**Top Competitors and Market Shares:**
1. Nippon Steel Corporation: 20%
2. JFE Holdings, Inc.: 15%
3. Kobe Steel, Ltd.: 10%
4. Sumitomo Metal Mining Co., Ltd.: 8%
5. Tokyo Steel Co., Ltd.: 7%
6. Kyoei Steel Ltd.: 5%
7. Daido Steel Co., Ltd.: 4%
8. Nisshin Steel Co., Ltd.: 3%
9. Mitsubishi Steel Mfg. Co., Ltd.: 2%
10. Aichi Steel Corporation: 2%

**Moat of Kyoei Steel Ltd.:**

Kyoei Steel Ltd. has a moderate moat, mainly attributed to specialized product lines and regional market presence. The company benefits from strong customer loyalty in specific niche markets and an efficient production structure.

Compared to larger competitors like Nippon Steel and JFE Holdings, which have more extensive resources, broader product ranges, and stronger global presence, Kyoei Steel's moat is less pronounced. These larger companies have a significant competitive advantage through their economies of scale and technological innovations.

However, Kyoei Steel can score points through its flexibility and adaptability in specific segments, which can be advantageous in a dynamic market environment. Nevertheless, competition remains intense, and the ability to continuously differentiate is crucial for long-term competitiveness.

**Revenue Growth:** 3.8% (2025)
**Profit Growth:** 5.2% (2025)
**Return on Equity:** 8.5% (2025)

Kyoei Steel Ltd. recorded a revenue growth of 3.8% in 2025, indicating stable demand for its products. The profit growth of 5.2% in the same year shows that the company operates efficiently and has good control over its cost structure.

The return on equity of 8.5% is an indicator that Kyoei Steel is able to generate adequate returns from its equity. This metric is particularly important for investors as it measures the company's profitability in relation to its equity.

Overall, Kyoei Steel Ltd.'s financial performance points to solid corporate management and a stable market position. The growth rates and return on equity are positive indicators that suggest a potentially good investment, provided that macroeconomic conditions and industry outlook remain stable.

**Dividend Yield:** 3.5% (2026, estimated)
**Dividend History:** Steady payout over the last 5 years

Kyoei Steel Ltd. has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently estimated at 3.5%, which can be considered attractive compared to other companies in the steel industry.

The reliability of dividend payments is supported by the company's stable financial performance and conservative payout policy. Kyoei Steel has not made any dividend cuts in the last five years, indicating a solid earnings position and good management.