Founded in 1916 and established in 1950, Daido Steel Co., Ltd. is a world-leading manufacturer specializing in special steel. Headquartered in Nagoya, Japan, the company has a capital of approximately 37.1 billion yen and a consolidated workforce of around 12,000 employees. Operating globally, its business spans five core segments: Special Steel, Functional Materials & Magnetic Materials, Automobile & Industrial Machinery Parts, Engineering, and Trading & Services. Daido Steel supplies high-performance materials and precision components to a wide range of industries, including automotive, aerospace, semiconductor manufacturing, and medical sectors. Through eco-friendly manufacturing processes, the company is dedicated to supporting the realization of a sustainable society and continuous global development.
Daido Steel is driving a business portfolio transformation focusing on growth markets like semiconductors and aerospace. For the fiscal year ended March 2026, the company reported sales of 578.1 billion yen and an operating profit of 42.1 billion yen. The goal is to increase the sales ratio of growth market products to 25% by FY2030, having already reached 15% in FY2025. Moving forward, the company targets an operating profit of over 60 billion yen and an ROE of over 9% for FY2026.
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