is a corporation

Corporation

A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...

 headquartered in Tokyo

Tokyo

, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...

, Japan

Japan

Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

. It was formed in 2002 by the merger of and . Both companies were major military vessel manufacturers during World War II

World War II

World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

.

JFE's main business is steel

Steel

Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...

 production, although it also engages in engineering

Engineering

Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

, construction

Construction

In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

, logistics

Logistics

Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...

, and chemicals. The company also operates several overseas subsidiaries

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

, including California Steel in the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, Fujian Sino-Japan Metal in China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

, and Minas da Serra Geral in Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

. Other than steel, they are also known for products such as the bicycle tree

Bicycle tree

A Bicycle tree or cycle tree or bike tree is an bicycle parking system that resembles a tree in shape. There are a few types that have been developed....

.

JFE Holdings is world's fifth largest Steel maker in the world with revenue excess of US$3 billion. JFE Holdings has several subsidiaries including JFE Engineering, JFE Steel and JFE Shoji.

NKK and Siderca S.A. of Argentina established a seamless pipe joint venture by spinning off the seamless pipe division of NKK's Keihin Works in 2000. In November 2009, JFE agreed to partner with JSW Steel, India's third-largest steel producer, to construct a joint steel plant in West Bengal

West Bengal

West Bengal is a state in the eastern region of India and is the nation's fourth-most populous. It is also the seventh-most populous sub-national entity in the world, with over 91 million inhabitants. A major agricultural producer, West Bengal is the sixth-largest contributor to India's GDP...

.

Super-rapid charging

JFE Engineering Corporation is developing a quick charge system

Charging station

An electric vehicle charging station, also called EV charging station, electric recharging point, charging point and EVSE , is an element in an infrastructure that supplies electric energy for the recharging of electric vehicles, plug-in hybrid electric-gasoline vehicles) or semi-static and mobile...

 that it claims can take a battery from zero charge to 50% full in about 3 minutes. It has two batteries, one that stores electrical energy from the grid and another that delivers it to the car at extremely high current (500-600 amp

Ampere

The ampere , often shortened to amp, is the SI unit of electric current and is one of the seven SI base units. It is named after André-Marie Ampère , French mathematician and physicist, considered the father of electrodynamics...

s), which allows it to use a low-voltage

Low voltage

Low voltage when used as an electrical engineering term concerning an electricity supply grid or industrial use, broadly identifies safety considerations of the system based on the voltage used. The meaning of the term "low voltage" is somewhat different when used with regard to a more typical end...

 power supply. The company claims that even though one station costs about $63,000, that’s roughly 40% less than the competing CHAdeMO

CHAdeMO

CHAdeMO is the trade name of a quick charging method for battery electric vehicles delivering up to 62.5 kW of high-voltage direct current via a special electrical connector....

 system.

Rationale for Bicycle Tree

This integrated steelmaker sought to develop new products and diversify its production as it encountered stiff competition from rising output of steelmakers in Korea and China. This was necessary because steelmaking is very dependent on economy of scale, and because JFE was suffering from a shrinking domestic market for crude steel due to Japan's population decline

Population decline

Population decline can refer to the decline in population of any organism, but this article refers to population decline in humans. It is a term usually used to describe any great reduction in a human population...

and Japan's economic slump.

External links

• JFE Holdings, Inc. (English)
• JFE Steel Corporation (English)