Greetings

Since the establishment of JFE Steel Corporation, we have steadily fulfilled our basic corporate mission of contributing to society with world-leading technology to serve as an excellent company for the challenging and fast-changing 21st century.

Steel offers excellent properties for wide-ranging applications, which has enabled it to serve for centuries as a key basic material supporting the growth of industries and countries worldwide. Significant quantities of steel are still needed to create more livable societies and achieve further growth, so steel will continue to play an invaluable role in the years to come.

At JFE Steel, we are proud of the contributions our products have made to society. At the same time, we recognize our responsibility to address pressing needs, as exemplified by global environmental protection. We accept these challenges with a mixture of humility and optimism.

JFE Steel devotes great effort to the development of new technologies and products. As a technology-driven business, our aim is to build long-term, mutually beneficial relationships with our customers by supplying products and services that offer unique advantages.

We are also committed to being a good corporate citizen, and we place a high priority on honoring the fundamental principles of fairness, equity, and transparency in all our dealings with society. We will continue to conduct our business in ways that merit the respect of our shareholders, our customers and the general public.

To meet the expectations of our stakeholders, the management and employees of JFE Steel as one have adopted the corporate values of "A Challenging Spirit, Flexibility, Sincerity." We ask for your continuing encouragement and support as we strive to consistently meet these standards of excellence.