Mitsubishi Steel Mfg. Co., Ltd. primarily manufactures and sells special steel materials, springs, formed and fabricated products, and machinery. The auto industry generates the bulk of the overall demand for special steel, and many of the company’s competitors in Japan generate most of their revenue from that industry. For Mitsubishi Steel Mfg., however, only about a tenth of its products are for automobiles, while the largest proportion (60%) are for construction machinery and industrial equipment.