Businessweek

Daido Steel Co., Ltd., together with its subsidiaries, manufactures and sells steel. It offers specialty steel products for automotive parts, industrial machinery parts, electrical machinery parts, and welding activities. The company also offers electronic and magnetic materials, such as nickel-based alloys and magnetic materials for electrical and electronic parts. In addition, it manufactures die forging for automotive parts and drilling parts; precise hot forging for automotive parts and bearing races; welded parts for rear axle housing; open die forging parts for heavy electric machines, boats and ships, spacecraft and aircraft, industrial machines, steelmaking equipment, chemical equipment, and oil drilling rigs; and springs and band saws for lumber sawing. Further, the company provides environmental equipment for waste treatment, water treatment, and air pollution cleaning, as well as industrial furnaces and accessories; and powder metal for automotive, mechanical, and electronics parts; and titanium products and nickel-titanium alloys. Additionally, it sells software; and provides employee benefits services, golf course management, analytics, and real estate and insurance services. Daido Steel Co., Ltd. operates in Japan, North America, Asia, and internationally. The company was founded in 1916 and is headquartered in Nagoya, Japan.