Medium- to Long-term Strategy

JFE Engineering has established a Long-Term Strategy with 2035 as its target year. We intend to contribute to achieving carbon neutrality and advancing the circular economy by conducting our businesses in line with our newly announced Purpose.

Long-Term Strategy

Contributing to society in the fields of circular economy and CO₂ emissions reduction
Aiming for segment profits of 100 billion yen (business scale of over 1 trillion yen) by FY2035
Reaching new heights as a global leader by FY2050

Key measures

Establishment of robust earnings structure, Continuous investment in operating businesses, Stable expansion of overseas businesses, Portfolio shift and M&A / industry reorganization

Segment Profit Targets by Sector (2035)

Waste to Resourse (Effective utilization of waste resources): 37 billion yen, Carbon Neutrality (Decarbonization and low carbon): 31 billion yen, Infra-structure (Basic infrastructure): 12 billion yen, +M&A / Industrial Reorganization: 20 billion yen

JFE Engineering’s Approach to Circular Economy

“Circular economy” has emerged as a critical concept for achieving the Sustainable Development Goals (SDGs). As a company that supports essential infrastructure for society, we are positioned to be a key player in making the circular economy a reality. Our diversified business portfolio enables us to leverage our unique strengths in advancing circular economy initiatives beyond the traditional three Rs (reduce, reuse and recycle) to implement more comprehensive activities.

With a target year of FY 2035, we are pursuing the following measures based on the previously described "JFE Engineering's Approach to Circular Economy"