METAL ONE (VIET NAM) COMPANY LIMITED: Japan’s Steel Trade Powerhouse in Vietnam Gains Steady Momentum

METAL ONE (VIET NAM) COMPANY LIMITED (CÔNG TY TNHH METAL ONE (VIỆT NAM)) is the Vietnamese arm of Japan’s global steel trading conglomerate, Metal One Corporation. Since its establishment in 2011, the company has become a prominent player in Vietnam’s steel distribution landscape, serving a wide array of industrial clients with both raw and processed metal materials. Despite a decline in total assets in 2024, the company’s revenue and profit margins continued to grow, indicating operational efficiency and stable demand across its business segments.

Legally Structured for Longevity and Global Integration

Registered under Business ID and Tax Code 0310868798 with the Ho Chi Minh City Department of Planning and Investment, METAL ONE (VIET NAM) COMPANY LIMITED operates as a one-member limited liability companywith full foreign ownership. The company is backed 100% by METAL ONE CORPORATION, headquartered in Tokyo, Japan. Its charter capital stands at USD 6.35 million, with a paid-up capital of USD 6.54 million as of March 31, 2024.

Operating out of its head office in Saigon Centre, District 1, Ho Chi Minh City, the company also maintains a strategic branch in Hanoi’s Lotte Center, providing nationwide reach and close access to Vietnam’s industrial and manufacturing hubs.

Executive Leadership and Lean Operations

At the helm of METAL ONE (VIET NAM) COMPANY LIMITED is General Director Mr. Hiroki Nishimori, a Japanese national with deep industry expertise. Supporting him is Chief Accountant Ms. Pham Thi Hong Hy, who oversees the financial management of the company’s Vietnam operations. Despite having only 50 employees, the company has managed to operate efficiently, capitalizing on strong supply chain integration and international sourcing channels.

Financial Growth with a Dip in Assets

According to verified Private Financial Data from VANGUARD BUSINESS INFORMATION LLC (VBI) — a trusted provider of Business Verification Services — METAL ONE (VIET NAM) COMPANY LIMITED delivered solid financial results in the fiscal year ending March 2024.

The company reported:

• Total Assets of USD 93.94 million, representing a 16.24% decrease year-over-year

• Sales Revenue of USD 428.41 million, a 5.9% increase

• Net Profit of USD 2.58 million, up 10.48%

• Owner’s Equity of USD 21.66 million, reflecting a 13.5% improvement

The drop in assets may reflect strategic restructuring, inventory adjustments, or realignment of capital allocations, but the growth in sales and equity signals effective cost control and sustained market demand.

Core Business Activities Anchored in the Steel Sector

The company’s primary business revolves around the trading of steel and metal ores, serving as a vital intermediary between global steel producers and Vietnamese industries. Its registered activities also include metal machining, forging, coating, and market research services, offering clients added value beyond raw material sales. This vertical integration makes METAL ONE (VIET NAM) COMPANY LIMITED a dependable supplier for both local and foreign manufacturing operations in Vietnam.

Verified by VBI: Financial Confidence for Stakeholders

All financial and operational data referenced in this article has been confirmed by VANGUARD BUSINESS INFORMATION LLC (VBI) through its meticulous Business Verification Services. VBI’s insight into Private Financial Data provides stakeholders, including banks, insurers, and procurement teams, with the assurance that METAL ONE (VIET NAM) COMPANY LIMITED maintains financial integrity, legal compliance, and investment-grade reliability.

Outlook: A Stable Path Amid Industrial Cycles

While the decline in total assets may raise eyebrows, METAL ONE (VIET NAM) COMPANY LIMITED’s continued growth in sales and profit positions it well for long-term sustainability in Vietnam’s ever-evolving steel market. As construction, infrastructure, and manufacturing demand rebound in the region, the company appears poised to capture further market share.

With its operations fully verified by VANGUARD BUSINESS INFORMATION (VBI), METAL ONE (VIET NAM) COMPANY LIMITED remains a name that business partners can trust — supported by global expertise and tailored for Vietnam’s industrial future.