How Does Hanwa Company Work?

In its Steel business, Hanwha supplies a wide array of products including steel bars, construction materials, plates, pipes, and scrap iron. The Metal Recycling and Primary Metal Division is a pioneer in Japan for recycling non-ferrous and specialty metals like aluminum, copper, and zinc.

The Food segment focuses on importing seafood, particularly crab, and livestock products, emphasizing processed goods and quality control. The Petroleum and Chemicals business provides petroleum products, industrial chemicals, and waste fuels to various sectors, including steel and papermaking.

Hanwha's Housing Materials segment deals with lumber, while the Machinery segment handles industrial machinery and amusement facilities. These segments contribute to the company's diversified operational scope.

Operational processes are underpinned by global sourcing, advanced logistics, and supply chain management. This enables efficient connection between producers and consumers, a key aspect of the Hanwha business model.

In July 2025, Hanwha announced its investment in a tire pyrolysis recycling business in Thailand. This aligns with their sustainability goals, including a target of 25% carbon emission reduction by 2030.

Hanwha's extensive global network, particularly in Asia, and its integrated supply chain operations are key competitive advantages. This allows the company to function as a 'distribution specialist,' efficiently meeting diverse customer needs.

The company established an early presence in non-ferrous and specialty metals recycling, securing a strong market position. This early mover advantage contributes significantly to its competitive edge in these sectors.

With a market capitalization of approximately ¥500 billion (around $4.6 billion USD) as of October 2023, Hanwha demonstrates strong investor confidence. This financial stability supports investments in new technologies and service enhancements.

Hanwha Co., Ltd. is a leading general trading company in Japan, handling a diverse range of products including steel, non-ferrous metals, food, and chemicals. Its integrated supply chain and extensive global network provide a significant competitive advantage. The company's market capitalization was approximately $1.66 billion with 40.1 million shares as of July 23, 2025.

Key risks include fluctuations in commodity prices, such as nickel and lumber, as observed in FY2024. Geopolitical factors and evolving trade policies, like US tariffs impacting subsidiaries, also present challenges. The general trading industry is inherently susceptible to global economic uncertainties and potential stagnation.

Looking ahead, Hanwha is committed to sustaining and enhancing its profit generation through strategic initiatives outlined in its Medium-Term Business Plan 2025. This plan emphasizes financial discipline and efficient management of business assets. The company aims to expand into new fields in response to societal changes and evolving times, reinforcing its position as a significant trading entity.

Hanwha is actively pursuing new business opportunities, exemplified by its investment in a tire pyrolysis recycling business in Thailand. This move highlights its commitment to adapting to global sustainability trends and diversifying its portfolio. The company's sustained growth is also bolstered by its focus on corporate social responsibility and enhancing corporate value through compliance and ethical business practices.