BRIEF-Nippon Steel CEO Hashimoto: No Issue With Required Capital Investment Commitment

Reuters
19 Jun
BRIEF-Nippon Steel CEO Hashimoto: No Issue With Required Capital Investment Commitment

June 19 (Reuters) - Nippon Steel Corp 5401.T Eiji Hashimoto:

  • U.S. POLICY SHIFT TO INTRODUCE HIGH TARIFFS WILL INCREASE THE STRATEGIC IMPORTANCE OF OUR BUSINESS DEVELOPMENT IN THE U.S. LOCAL MARKET

  • A NEW GLOBAL TREND IS FOR GOVERNMENTS TO BECOME MORE INVOLVED IN THE ECONOMY AND BUSINESS THROUGH INDUSTRIAL POLICY

  • WE MUST RESPOND TO THIS NEW TRENDS, AND THIS IS WHAT WE LEARNED FROM THIS DEAL

  • WILL CONSIDER FURTHER GLOBAL EXPANSION AFTER US STEEL ACQUISITION DEAL

  • WE STRUGGLED TO COMPLETE THIS DEAL, BUT OUR GLOBAL STRATEGY IS NOW BEGINNING TO TAKE SHAPE

  • WE SEE NO ISSUE WITH THE REQUIRED CAPITAL INVESTMENT COMMITMENT AS WE INTEND TO EXPAND INVESTMENT BEYOND CURRENT PLANS

  • U.S. GOVERNMENT'S GOLDEN SHARE WON'T PREVENT US FROM DOING WHAT WE WANT TO DO

Further company coverage: 5401.T

(Reporting by Yuka Obayashi)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10