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TYO:5411

4 stories mentioning TYO:5411Updated 25d ago

Every FINWIRES story that references TYO:5411, newest first.

Asia

Japan to Impose Provisional Anti-dumping Duties on Steel Imports From China, Taiwan

Japan's Cabinet decided to impose provisional anti-dumping duties on nickel-added cold-rolled stainless steel coil, sheet, and strip originating in or exported from China and Taiwan, according to a joint statement from the Ministry of Economy, Trade and Industry and the Ministry of Finance on Friday.The provisional anti-dumping duty rates will range from 3.6% to 42.1%, and will run for four months from July 9 to Nov. 8, 2026.The decision follows a preliminary determination in a probe launched on July 22, 2025. Authorities have ruled that imports of dumped steel products resulted in "material injury" to the domestic industry.Major domestic producers of these materials include Nippon Steel (TYO:5401), JFE Holdings' (TYO:5411) JFE Steel and Kobe Steel (TYO:5406).

Nikkei 225TYO:5401TYO:5406TYO:5411
Asia

Market Chatter: JFE Targets India, US Growth Amid Rising Raw Material Costs

JFE (TYO:5411) is expanding into high-growth markets like India and the U.S., while implementing strategic price hikes to offset rising raw material costs, Nikkei Asia reported on Friday, citing CFO Toshihiro Tanaka in a recent interview.The company expects its Indian joint-venture subsidiary, Bhushan Power & Steel to contribute about 10 billion yen to net profit in the coming fiscal year, the report said.In the U.S., JFE plans to deepen its collaboration with Nucor, particularly in premium steel grades, to capture stronger returns, the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:5411
Asia

JFE Lowers 2028 Convertible Bond Conversion Price After Dividend Adjustment

Steel maker JFE (TYO:5411) has adjusted the conversion price of its zero-coupon convertible bonds due 2028 to 2,647.8 yen from 2,697.7 yen, effective April 1, according to a Tokyo bourse filing on Wednesday.The adjustment follows the payment of a year-end dividend of 40 yen per common share, which constitutes an extraordinary dividend under the bond terms.The revised conversion price reflects the anti-dilution provisions embedded in the bond terms to protect bondholder rights.

TYO:5411
Asia

Market Chatter: Japanese Investors Look Abroad as Weak Yen Pressure Persists

A weaker yen has done little to slow overseas investment by Japanese companies and households, as low domestic interest rates and limited growth prospects at home continue to push capital abroad, Nikkei reported Wednesday.Net foreign direct investment by Japanese companies reached 33 trillion yen in 2025, doubling over the past decade and surpassing the previous annual record as businesses expanded in faster-growing markets overseas, according to the report.Sumitomo Forestry (TYO:1911) in February agreed to acquire US homebuilder Tri Pointe Homes for $4.2 billion, with President Toshiro Mitsuyoshi citing growth opportunities in the US and Australia amid shrinking demand in Japan, the report said.Japanese manufacturers and industrial groups are also increasing overseas spending despite the weaker yen raising acquisition costs. JFE Holdings (TYO:5411) unit JFE Steel last year agreed to invest about 270 billion yen in a unit of India's JSW Steel (BOM:500228, NSE:JSWSTEEL), according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225BOM:500228NSE:JSWSTEELTYO:1911TYO:5411

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