JFE SHOJI VIETNAM CO. LTD

JFE SHOJI VIETNAM CO., LTD is a 100% foreign-invested enterprise (FDI) wholly owned by JFE Shoji Corporation of Japan, one of the core trading arms of the global steel giant JFE Group. Officially established in Vietnam in 2013 under Business ID 0312266823, this company plays a strategic role in the wholesale trading of metals and steel products, serving industrial clients across sectors like construction, manufacturing, and energy.

Headquartered at The Nexus Building in District 1, Ho Chi Minh City—with branches in Hanoi and Ha Tinh—JFE SHOJI VIETNAM maintains a lean workforce of 20 employees, indicating a high level of automation and reliance on global procurement and logistics networks.

Financial Performance: A Mixed But Strategic Trajectory

As of the fiscal year ending December 2023, JFE SHOJI VIETNAM reported:

• Total Assets: USD 60.51 million (▲80.64% YoY)

• Total Revenue: USD 121.44 million (▼44.13% YoY)

• Net Profit: USD 2.75 million (▲34.38% YoY)

• Equity: USD 15.98 million (▲15.39% YoY)

While revenue dropped significantly in 2023, the company increased its profit and equity—signaling stronger margin control or a shift to higher-value products. Asset levels also rebounded sharply after a previous dip in 2022, possibly due to adjusted inventory strategies or expansion investments.

Business Strategy and Market Presence

The core activity of JFE SHOJI VIETNAM is the trading of steel products—an essential input for Vietnam’s rapidly industrializing economy. The company benefits from its direct relationship with JFE Shoji Corporation, enabling access to high-quality Japanese steel and a strong global logistics chain. This advantage has helped it sustain profitability even during market slowdowns.

However, the company’s performance remains highly sensitive to global steel prices and demand cycles. The sharp revenue decline in 2023, despite a stable profit increase, reflects market contraction or tighter purchasing by end users in Vietnam.

A Reliable Partner in Vietnam’s Steel Supply Chain

Thanks to its parent company’s reputation and a decade-long presence in the local market, JFE SHOJI VIETNAM is viewed as a trusted steel supplier in Vietnam. Its clients benefit from the company's import capabilities, technical know-how, and adherence to Japanese standards in quality and delivery.

For buyers, contractors, and manufacturers looking for high-quality steel products in Vietnam, JFE SHOJI VIETNAM is a key name to consider. To obtain the most recent financial details, shareholder disclosures, and credit risk indicators, stakeholders are encouraged to download the full due diligence report from VNBIS.COM.