Canox Corp
Canox Corp is a Japanese primary steel trading company, founded in 1897, that procures steel directly from all domestic blast furnace manufacturers and supplies processed materials to automotive, housing equipment, and building materials customers via a nationwide network of 10 sales offices and 9 processing/logistics centers.
- Company typePublic
- Founded1897
- HeadquartersNagoya, Japan
- Headcount—
- GTM typeB2B
- OfferingServices
What Canox Corp does
Canox Corp is a publicly traded Japanese primary steel trading company (一次商), founded in 1897 and headquartered in Nagoya, Japan. The company procures steel directly from all Japanese blast furnace manufacturers, manages inventory, performs processing (cutting, shearing, laser processing), and delivers processed steel materials — including hot/cold rolled sheets, steel pipes, stainless steel, columns, and special bar steel — to automotive, housing equipment, and building materials customers. Listed on the Nagoya Stock Exchange since 1961 and the Tokyo Stock Exchange Standard Market since November 2022 (ticker 8076).\n\nThe business operates a nationwide infrastructure of 10 branch/sales offices and 9 processing and logistics centers, supported by four wholly-owned subsidiaries (Canox Building Materials, Canox Building Materials Kanto, Canox Steel Tube North, and Sorami Steel Service) handling regional steel pipe and building material processing. Customers include Toyota, Suzuki, Subaru, Mitsubishi Motors, Rinnai, Daiwa House, and Sanwa Shutter, served through a direct enterprise field-sales motion organized by product division. Revenue is generated through transaction margins on the sale of processed steel, with pricing determined via direct negotiation based on volume, specifications, and market conditions. Metal One Corporation is the largest shareholder at 34.47%, anchoring strategic alignment in the steel trading ecosystem.\n\nRevenue reached ¥158.7 billion in FY2025 (down from ¥173.0 billion in FY2024), with operating profit maintained at approximately ¥25 billion. The 11th Medium-Term Plan (FY2025–FY2027) allocates ¥80 billion toward growth investment spanning M&A, network expansion, digital transformation, and ESG initiatives, alongside a public 50% Scope 1+2 CO₂ reduction target by FY2030 versus FY2020.
Canox Corp firmographics
Firmographics- Name
- Canox Corp
- Legal name
- 株式会社カノークス
- Website
- https://canox.co.jp
- Company type
- Public
- Founded year
- 1897
- Operating status
- Operating
- Short description
- Canox Corp is a Japanese primary steel trading company, founded in 1897, that procures steel directly from all domestic blast furnace manufacturers and supplies processed materials to automotive, housing equipment, and building materials customers via a nationwide network of 10 sales offices and 9 processing/logistics centers.
- Ownership category
- akta.pro rank
Canox Corp industry classification
Industry- Product category
- Steel Trading and Distribution
- NAICS
- Steel Product Manufacturing from Purchased Steel (3312), Rolling and Drawing of Purchased Steel (33122), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210)
- SIC
- Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Fabricated Plate Work (Boiler Shops) (3443)
- akta.pro primary industry
- Steel Products Trading & Service Centers (Flat, Long, Pipe & Tube, Rebar) (IMAKAJAB)
Keywords
Where Canox Corp is headquartered
LocationHeadquarters
- HQ city
- Nagoya
- HQ country
- Japan
- HQ region
- Asia
Offices23 records
Markets served
Canox Corp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Steel and non-ferrous product sales and processing: The company functions as a primary steel trading house (一次商), purchasing steel directly from Japanese blast furnace manufacturers and selling, with processing and logistics services, to automotive, housing equipment, and building material customers. Revenue is generated through transaction margins on the sale of steel products, with processing and delivery services integrated into the offering.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | New graduate starting salary: ¥252,700/month (2025 actual) |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Canox Corp product offering
Product offeringCore offering
Canox Corp operates as a primary steel trading company (一次商) in Japan, purchasing steel directly from Japanese blast furnace manufacturers and providing a one-stop service spanning inventory management, processing, and delivery. The company supplies steel plates, steel pipes, stainless steel, columns, bar steel, and special bar steel to automotive manufacturers, housing equipment makers, and construction/building materials customers through a nationwide sales, processing, and logistics network.
Product overview
Canox Corp is a steel trading company offering a one-stop service for steel materials. As a primary steel trader (一次商), the company purchases steel directly from Japanese blast furnace manufacturers, providing inventory management, processing, and delivery services. The company handles steel plates (熱延鋼板, 冷延鋼板, 表面処理鋼板), steel pipes (構造用鋼管, 配管用鋼管), stainless steel, columns and bar steel, and special bar steel products. Business divisions cover automotive, housing equipment, and construction materials sectors with nationwide sales, processing, and logistics networks.
Differentiator
Problem solved
Functional benefit
Brands
- CANOX ONE活動: 全社横断の女性活躍推進活動 (company-wide women's empowerment initiative launched from 2013).
- CW（カノークスウーマン）活動
- CANOX SDGzoo
- CANOX SDGs
Products and services
- Steel Trading Services (Steel Plates, Steel Pipes, Stainless Steel, Construction Materials) Core steel trading offering: primary steel trader (一次商) purchasing steel directly from Japanese blast furnace manufacturers, providing inventory management, processing, and delivery of steel plates (hot rolled, cold rolled, surface treated), steel pipes (structural, piping), stainless steel, columns, bar steel, and special bar steel to customers ranging from major automobile manufacturers to small workshops.
Quantifiable outcome
- Revenue grew from ¥116.5 billion (FY2021) to ¥173.0 billion (FY2024), reaching ¥1,587 billion in FY2025
- +2 more outcomes
Companies that use Canox Corp
Customer profileNamed customers25 records
Segments3 records
Ideal customer profiles4 records
Canox Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Canox Corp partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Work Happys Garden (わーくはぴねす農園)minorCanox participates in this disability employment initiative since 2020. Vegetables grown by employees with disabilities are donated to children's cafeterias. Supports team-based employment for people with disabilities while enhancing DEI awareness across all employees.
- Higashiyama Zoo and Botanical Gardens (東山動植物園)minorCanox is an animal sponsor for Higashiyama Zoo, supporting their animal conservation and environmental education activities. Sponsors Asian elephant 'Urara' (individual sponsor) and Sumatran tiger (species sponsor). Also supports 'Life Connection Fund' as Platinum partner. Contributes to SDGs goals 4, 15, and 17.
- Nagoya City Housing and Urban Development Bureau, Meiko Development Division (名古屋市住宅都市局 名港開発振興課)minorCo-host of the '4th Hori River Cruise Experience Event' for local elementary school students, planned for May 2026. Collaborative community contribution initiative connecting the community to the Hori River, which flows near Canox headquarters.
- All Japanese blast furnace steel manufacturers (日本の高炉メーカーすべて)coreCanox serves as primary steel trader (一次商) with procurement relationships with ALL Japanese blast furnace manufacturers, enabling the most stable and diversified sourcing in the industry. Key suppliers include Nippon Steel, JFE Steel, Kobe Steel, and others.
Scale indicators10 records
Recent moves17 records
Expansion highlights6 records
Canox Corp competitors and assessment
Company assessmentBroad incumbents
- Sojitz Corporation: Japanese trading conglomerate with a steel, non-ferrous, and materials division; overlaps Canox in domestic steel distribution while operating broadly across other industries.
- Sumitomo Corporation: Diversified Japanese trading and investment group; its steel and metal products business competes with Canox in domestic distribution and processed steel supply.
- Toyota Tsusho Corporation: Toyota Group sogo shosha with a sizeable steel and metals trading business; competes with Canox for Toyota supply programs while operating across many other commodities and geographies.
- Mitsui & Co., Ltd. One of Japan's largest sogo shosha; its Iron & Steel Products segment covers trading, processing, and investment activities that overlap the value proposition of Canox, though much broader in scope.
- ITOCHU Corporation: Major sogo shosha with a substantial metals, minerals, and steel trading presence through ITOCHU and the Marubeni-Itochu Steel JV; provides end-to-end supply chain competition to Canox across multiple industrial verticals.
Direct peers
- JFE Shoji Trade Corporation: Trading arm of JFE Steel, one of Japan's largest steel makers; parallels Canox's blast furnace-aligned primary trading model and serves overlapping automotive, construction, and housing equipment end customers.
- Metal One Corporation: Major Japanese primary steel trading company formed from the merger of Nissho Iwai-Nichimen and Sansho; the largest shareholder of Canox (34.47%) and a direct competitor in primary steel trading with nationwide processing and logistics.
- Marubeni-Itochu Steel Inc. Joint venture of Marubeni and ITOCHU, one of Japan's largest steel trading companies; competes head-to-head with Canox for procurement access and downstream processed steel supply to automotive and construction end markets.
- Hanwa Co., Ltd. Major Japanese trading company specializing in steel, non-ferrous metals, and food; competes directly with Canox in steel product trading and processing services for automotive and construction customers.
- Nippon Steel Trading Co., Ltd. Steel products trading subsidiary of Nippon Steel; comparable primary-trader function to Canox with deep OEM and Tier 1 customer relationships across automotive and construction.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Canox Corp social profiles
Digital presenceCanox Corp compliance and trust
Trust signalCompliance4 records
Canox Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canox Corp leadership team
Management profileNumber of profiles
Profiles11 records
Canox Corp subsidiaries and ownership
Company hierarchySubsidiaries4 records
Canox Corp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canox Corp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Canox Corp
What does Canox Corp do?
Canox Corp operates as a primary steel trading company (一次商) in Japan, purchasing steel directly from Japanese blast furnace manufacturers and providing a one-stop service spanning inventory management, processing, and delivery. The company supplies steel plates, steel pipes, stainless steel, columns, bar steel, and special bar steel to automotive manufacturers, housing equipment makers, and construction/building materials customers through a nationwide sales, processing, and logistics network.
Is Canox Corp a public or private company?
Canox Corp is a public company. It is classified as public and is currently operating.
When was Canox Corp founded?
Canox Corp was founded in 1897.
Where is Canox Corp based?
Canox Corp is headquartered in Nagoya, Japan, in the Asia region.
How does Canox Corp make money?
One revenue line is on record: steel and non-ferrous product sales and processing.
Who are Canox Corp's main competitors?
Broad incumbents on record are Sojitz Corporation, Sumitomo Corporation, Toyota Tsusho Corporation, Mitsui & Co., Ltd. and ITOCHU Corporation. Direct peers are JFE Shoji Trade Corporation, Metal One Corporation, Marubeni-Itochu Steel Inc., Hanwa Co., Ltd. and Nippon Steel Trading Co., Ltd..
Does Canox Corp have an API?
No public API is recorded for Canox Corp.
What industry is Canox Corp in?
Canox Corp's product category is Steel Trading and Distribution. Its primary akta.pro industry code is IMAKAJAB, Steel Products Trading & Service Centers (Flat, Long, Pipe & Tube, Rebar). Its NAICS code is 3312 and its SIC code is 3310.