Machinery Manufacturing

Ishii Iron Works Co., Ltd.

5423

6362

5401

Nippon Steel plans to issue convertible corporate bonds, with a total scale increased to 600 billion yen (approximately 3.85 billion USD), setting a record high in the history of Japanese companies. This move aims to refinance its 15 billion USD acquisition of U.S. Steel and support business expansion. The company also plans to invest 6 trillion yen over the next five years, which includes an investment of 11 billion USD in U.S. Steel

AASTOCKS

Tokyo Steel Manufacturing Co., Ltd.

NIPPON STEEL CORP.

Japan Steel Works plans to issue convertible bonds to raise $3.9 billion, the largest scale ever for a Japanese company

9810

5476

Nippon Steel plans to raise 550 billion yen ($3.55 billion) through a convertible bond sale, marking Japan's largest corporate bond offering. The funds will refinance its $15 billion acquisition of U.S. Steel and support business expansion. The bond will be issued in two tranches, maturing in 2029 and 2031, with zero coupon and stock acquisition rights. Nippon Steel aims to invest 6 trillion yen over five years, including $11 billion in U.S. Steel. Analysts note this strategy minimizes shareholder dilution and supports overseas growth while maintaining financial discipline.

NIPPON STEEL TRADING CORPORATION

Nippon Koshuha Steel Co., Ltd.

Nippon Steel to raise $3.6 billion in Japan's biggest convertible bond offer ever

Japan Steel Corporation will finance approximately 1.3 trillion yen through convertible bonds and ordinary bonds

Wallstreetcn

Nippon Steel stated that the demand for US Steel is growing, and there is no need to cut production capacity, expecting to return to profitability in the fiscal year 2026. Chief Financial Officer Takahiko Iwai pointed out that capital expenditures are yielding results, and US Steel's operations continue to improve, with about 100 employees going to the US to share technology. The new facilities will support performance next year, with the Big River 2 plant nearing full capacity operation, expected to contribute to profits in the next fiscal year. The challenge facing US Steel is that insufficient investment has led to high variable costs. After completing investments over the next four years, it will increase the proportion of high-margin value-added products, improving quality and cost competitiveness

US Steel

AK Steel Holding Corporation

VanEck Steel ETF

Nippon Steel expects to return to profitability in the current fiscal year without the need to cut production capacity

Ishii Iron Works Co., Ltd.(6362.JP)

Japan Steel Works plans to issue convertible bonds to raise $3.9 billion, the largest scale ever for a Japanese company

Nippon Steel to raise $3.6 billion in Japan's biggest convertible bond offer ever

Japan Steel Corporation will finance approximately 1.3 trillion yen through convertible bonds and ordinary bonds

Nippon Steel expects to return to profitability in the current fiscal year without the need to cut production capacity