Aichi Steel Corp. engages in the manufacture and sale of specialty steels, forgings, and electromagnetic products. It operates through the following segments: Steel Company, Forging Company, Smart Company, and Other. The Steel Company segment offers hot-rolled steel materials, secondary steel processing products, and steelmaking materials. The Forging Company segment provides stamped and forged products for automobile and machine parts. The Smart Company segment includes electronic functional materials, magnet application products, and metal fibers. The Other segment deals in computer software development, sales of goods, and greening activities. The company was founded by Kiichiro Toyoda on March 8, 1940 and is headquartered in Tokai, Japan.