Corporate Events

On October 2, 2026, Nakayama Steel Works, Ltd. closed the transaction.

Nakayama Steel Works, Ltd. announced a private placement of 5,697,000 Common Shares of the company and 7,357,000 treasury shares to be disposed of Common Shares both at an issue price of ¥666 for aggregate gross proceeds of ¥8,693,964,000 on August 7, 2026. The transaction involves participation from returning investor Hanwa Co., Ltd. for 5,697,000 shares and new investor Yodoko, Ltd. for 7,357,000 shares. The transaction has been carried out by way of third-party allocation. The transaction has been appved at Board of Directors meeting of the company. The company has incurred ¥22,600,000 in estimated issuance costs with ¥8,671,364,000 in estimated net amount.

Nakayama Steel Works, Ltd. confirmed that the damage to the equipment itself was only minor. As previously announced, operations at the hot strip and plate mill have been suspended. Some of the power cables for the heating furnace equipment were damaged by fire, but the Company confirmed that the damage to the equipment itself was only minor. In addition, although the post-process lines are operating normally, the Company will adjust production as necessary. At the hot strip and plate mill, the damaged power cables have already been arranged. As soon as the restoration work is completed, after safety confirmation and test operation, operations are expected to resume in mid-October. The Company is continuing to investigate the cause of the fire with the cooperation of relevant organizations. The Company will also consider measures to prevent a recurrence based on the findings of the investigation.

Nakayama Steel Works, Ltd. has reported that at around 2:50 AM on September 12, 2026, a fire occurred on the hot strip and plate mill of the Company's Funamachi Plant. The summary of the fire and the status of response are as follows. Occurrence Date and Time: Around 2:50 AM on Saturday, September 12, 2026 (the fire was extinguished at 3:20 AM). Occurrence Location: On the premises of the hot strip and plate mill of the Funamachi Plant (Funamachi, Taisho Ward, Osaka City). Summary of the Fire: A fire occurred on the premises of the hot strip and plate mill, and some power cables of the heating furnace equipment and other facilities were damaged by fire. The cause of the fire is currently under investigation. Damage Situation: There was no human damage as a result of the fire. Details of the physical damage are currently being confirmed. Impact on Future Operations and Financial Results: Due to the impact of this fire, the Company's hot strip and plate mill is currently suspended, but the various lines in the downstream processes are operating normally. Although the Company has generally identified a source for procuring the cables damaged by fire, it is expected to take some time to assess the condition of the heating furnace equipment and other facilities. The Company will promptly disclose any material developments, including the outlook for the restoration of operations and any other matters that require disclosure, once such information becomes available or if a material impact on its business performance is expected.

Nakayama Steel Works, Ltd. provided cash dividend guidance for second quarter ending September 30, 2026 and year end of fiscal year ending March 31, 2027. For the second quarter end, the company expects to pay a cash dividend of JPY 13.00 per share as compared to JPY 8.00 per share a year ago. For the year end, the company expects to pay a cash dividend of JPY 7.00 per share as compared to JPY 6.00 per share a year ago.

Nakayama Steel Works, Ltd. provided consolidated earnings guidance for six months ending September 30, 2026 and year end of fiscal year ending March 31, 2027. For the six months, the company expects net sales of JPY 76,000 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 2,400 million and basic earnings per share of JPY 44.26. For the year, the company expects net sales of JPY 157,000 million, operating profit of JPY 3,400 million, profit attributable to owners of parent of JPY 3,900 million and basic earnings per share of JPY 64.24.

Nakayama Steel Works, Ltd., Board Meeting, Aug 07, 2026. Agenda: To resolve to enter into Commitment Line Agreements on August 31, 2026, for which it has obtained unofficial consent from financial institutions.

Nakayama Steel Works, Ltd., ¥ 13.0, Cash Dividend, Sep-29-2026

Nakayama Steel Works, Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026

Nakayama Steel Works, Ltd., Board Meeting, Jun 25, 2026. Agenda: To consider and resolved to dispose of treasury shares.

Nakayama Steel Works, Ltd., Board Meeting, May 25, 2026. Agenda: To consider, to substantially continue the Current Plan (the continued plan is hereinafter referred to as the "Plan"), subject to approval by a majority of the voting rights of the Company's shareholders present at this Annual General Meeting of Shareholders.

Nakayama Steel Works, Ltd., Annual General Meeting, Jun 25, 2026.

Nakayama Steel Works, Ltd. announced that they will report fiscal year 2026 results on May 08, 2026

Nakayama Steel Works, Ltd., Board Meeting, May 08, 2026. Agenda: To pay dividends from retained earnings.

Nakayama Steel Works, Ltd. hereby announces that the establishment procedures for the joint venture company, as previously disclosed in "Notice Regarding the Establishment of a Joint Venture with NIPPON STEEL CORPORATION and the Conclusion of a Memorandum of Understanding for a Business Alliance" dated May 9, 2025 and "(Progress of Disclosed Matters) Notice of Conclusion of Joint Venture Agreement Concerning the Establishment of a Joint Venture" dated November 26, 2025 have been completed as of April 1, 2026. In addition, the certain matters that were undetermined at the time of the previous disclosures have been finalized as described below. The updated parts are underlined. Overview of the Newly Established Joint Venture Company: Name NN STEEL LLC; Job title and name of representative Representative Member Nakayama Steel Works, Ltd. Person Acting in its Capacity Hirotaka Okamura; Description of business Ownership and lease of the new electric arc furnace facilities and buildings necessary for the manufacture of steel slabs; Date of establishment April 1, 2026; Investment amount Approximately JPY 50 billion (JPY 55.7 billion in the case of a maximum investment of JPY 105.5 billion); Investment ratio NAKAYAMA STEEL WORKS, LTD.: 51%, NIPPON STEEL CORPORATION: 49%; Capital investment Electric arc furnace facilities and buildings; Total investment Approximately JPY 95 billion (maximum JPY 105.5 billion in consideration of price increases and exchange rate fluctuations); Capital investment will be made in stages according to the progress of capital investment, and the final total amount of capital investment is stated.

NAKAYAMA STEEL WORKS, LTD. announces that, at a meeting held on March 31, 2026, its Board of Directors made a preliminary decision regarding changes to other officers. These changes will be formally approved at the Ordinary General Meeting of Shareholders to be held on June 25, 2026, and at a meeting of the Board of Directors to be held on the same day. Kazuaki Hakomori is scheduled to retire as Representative Director and Chairman upon the expiration of the term of office at the conclusion of the 132nd Annual General Meeting of Shareholders to be held on June 25, 2026.

Nakayama Steel Works, Ltd., Board Meeting, Mar 31, 2026. Agenda: To consider and approve a preliminary decision regarding changes to the Representative Director and other officers; and to consider other business matters.

Nakayama Steel Works, Ltd. provided consolidated earnings guidance for the year ending March 31, 2026. For the year, the company expects net sales of ¥148,000 million, Operating profit of ¥4,200 million, Profit attributable to owners of parent of ¥2,300 million and Basic earnings per share of ¥42.42 per share. Regarding outlook for the future, the business environment is expected to remain severe due to uncertainty in overseas markets due to the sluggish Chinese economy, sluggish domestic steel demand, and the rising trend in steel scrap prices due to the impact of foreign exchange rates. Against this backdrop, the Group will increase steel product sales volume to recover from the impact of the suspension of the electric arc furnace operation and strive to maintain appropriate prices and secure spreads.

Nakayama Steel Works, Ltd. reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 109,711 million compared to JPY 129,656 million a year ago. Net income was JPY 1,668 million compared to JPY 4,528 million a year ago. Basic earnings per share from continuing operations was JPY 30.79 compared to JPY 83.6 a year ago.

Nakayama Steel Works, Ltd. expected to report Fiscal Year 2026 results on May 8, 2026. This event was calculated by S&P Global (Created on January 21, 2026).

Nakayama Steel Works, Ltd. announced that, effective December 12, 2025, it has resolved at a meeting of the Board of Directors to enter a memorandum of understanding with YODOKO, Ltd. toward a business alliance. The details are as follows. reason for the Business Alliance. According to "Notice Concerning Investment in the New Electric Arc Furnace and Long-Term Targets to Realize the Long-Term Vision of Nakayama Steel Works Group" disclosed on May 9, 2025, the Company has set contributing to the realization of a carbon-neutral, recycling-oriented society as one of its priority policies. As one of the only three manufacturers of electric arc furnace steel plates in Japan and taking advantage of its experience and technology in blast furnaces and converters, the Company is expanding the applications of electric arc furnace steel products with low CO2 emissions and strengthening its competitiveness. As a business strategy under " the Medium-Term Management Plan 2025", YODOKO is working to expand sales of high-value-added products and develop products and markets with a view to collaborating with other companies. In addition, with the aim of coexisting with stakeholders, YODOKO is expanding the use and strengthening the competitiveness of electric arc furnace steel products With low CO2 emissions as part of its sustainability promotion. The basic agreement on this business alliance aims to strengthen the cooperative relationship by combining the strengths of the two companies, a material manufacturer and a surface treatment manufacturer, to expand the use of electric arc furnace steel products, which are said to emit about one-quarter of the CO2 emissions compared to blast furnace steel products, as a response to carbon neutrality. The Company and YODOKO have long maintained a cooperative relationship as Osaka-based steel manufacturers. Based on this basic agreement, the business alliance aims to further strengthen this relationship and contribute to society by addressing environmental issues, promoting high-value-added electric arc furnace steel products, and leveraging the strengths of two companies through vertical cooperation. Specifically, the Company will be able to secure stable demand and expand the application of electric arc furnace steel products by supplying electric arc furnace steel products to YODOKO, while YODOKO will be able to stabilize its supply chain and offer a wider range of products to customers by developing and manufacturing products using the Company's electric arc furnace steel products. Through collaboration between the two companies, will aim to respond to customer needs for electric arc furnace steel products and expand value-added electric arc furnace products.

Nakayama Steel Works, Ltd. announced that they will report Q3, 2026 results on Feb 05, 2026

Nakayama Steel Works, Ltd., Board Meeting, Dec 12, 2025. Agenda: To consider and approve to enter a memorandum of understanding with YODOKO, Ltd. toward a business alliance; and to consider any other matters.

NN STEEL Corporation announced that at a Board of Directors meeting held on November 26, 2025, it was resolved to conclude a joint venture agreement with Nippon Steel Corporation regarding the establishment of a joint venture. The joint venture will become a consolidated subsidiary of the Company. Purpose of Establishing the Joint Venture. The Company and Nippon Steel have reached an agreement to establish a joint venture and have concluded the joint venture agreement. The conclusion of the joint venture agreement is based on " Notice Regarding the Establishment of a Joint Venture with Nippon Steel CORPORATION and the Conclusion of a Memorandum of Understanding for a Business Alliance" disclosed on May 9, 2025, and aims to establish a joint venture to own and lease the new electric arc furnace facilities and buildings to the Company in order to ensure a stable supply of electric arc furnace products with low CO2 emissions. The Company will lease the newly constructed electric arc furnace at the Company's Funamachi Plant from the joint venture to manufacture steel slabs. The Company will supply the steel slabs manufactured in the new electric arc furnace to Nippon Steel, and some of the steel slabs manufacturing in the new electric arc furnace will be supplied to the Company as hot-rolled coil and other hot-rolled products. With the conclusion of this joint venture agreement, the Company will take a major step toward the realization of the new arc electric furnace project, which is the most important element to achieve " Notice Concerning Investment in the New Electric Arc Furnace and Long-Term Targets to Realize the Long-Term Vision of Nakayama Steel Works Group " disclosed on May 9, 2025. In this plan, the Company has set specific target KPIs by 2033. To achieve these targets, the Company will first increase its production capacity of electric arc furnace steel slabs by collaborating with Nippon Steel through this joint venture agreement, aiming to realize the Company's growth strategy after the operation of the new electric arc furnace. The Company will further strengthen its competitiveness by reducing CO2 emissions in the manufacturing process and expanding resource recycling, as well as by responding to the growing demand for electric arc furnace products.

Nakayama Steel Works, Ltd., Board Meeting, Nov 26, 2025. Agenda: To consider and approve the Joint Venture Agreement Concerning the Establishment of a Joint Venture; and to consider any other matters.

Nakayama Steel Works, Ltd. expected to report Q3 2026 results on February 6, 2026. This event was calculated by S&P Global (Created on January 21, 2026).

Nakayama Steel Works, Ltd. announced dividend for the second quarter ended September 30, 2025 of ¥8.00 per share against ¥18.00 per share a year ago. Scheduled date to commence dividend payments on December 1, 2025.

Nakayama Steel Works, Ltd. announced establishment of a Joint Venture with Nippon Steel Corporation and the Conclusion of a Memorandum of Understanding for a Business Alliance" released on May 9, 2025, the Company has been in discussions with Nippon Steel Corporation regarding the conclusion of a joint venture agreement. At the time of the conclusion of the joint venture agreement, as the final confirmation of the contract contents is still in progress, the time of the conclusion of the joint venture agreement will be changed accordingly. As for the conclusion of the joint venture agreement, the Company is currently in the final stage toward the conclusion of the agreement, although the originally planned schedule has been delayed. The schedule after the conclusion of the joint venture agreement will be announced at the time of the conclusion of the joint venture agreement, but the date of establishment of the joint venture will remain unchanged in March 2026. In addition, although the impact on the Group's financial results for the current fiscal year is expected to be minimal, any matters requiring disclosure regarding the impact on future financial results will be announced promptly.

Nakayama Steel Works, Ltd., ¥ 5.00, Cash Dividend, Mar-30-2026

Nakayama Steel Works, Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the period, the company expects dividend of JPY 5 per share as compared to paid dividend of JPY 16 per share a year ago.

Nakayama Steel Works, Ltd. revised consolidated earnings guidance for the full fiscal year ending March 31, 2026. For the full fiscal year ending March 31, 2026, the company expected net sales of JPY 151,000 million; Operating profit of JPY 4,200 million; Profit attributable to owners of parent of JPY 2,300 million; and Basic earnings per share of JPY 42.42 against net sales of JPY 157,500 million; Operating profit of JPY 7,300 million; Profit attributable to owners of parent of JPY 4,200 million; and Basic earnings per share of JPY 77.53. Reason for revision: In the future, due to sluggish demand for steel in Japan and the influx of inexpensive imported materials, the business environment surrounding the Group will continue to be difficult, and both steel product sales volumes and selling prices are expected to decline. In addition to the expected loss amount due to the suspension of operations at the Company's Electric arc furnace plant caused by the accident at Substation No.5 that occurred on September 26, 2025, the full-year forecast for net sales, operating profit, ordinary profit, and profit attributable to owners of the parent are expected to be lower than the previously announced figures.

Nakayama Steel Works, Ltd., Board Meeting, Oct 31, 2025. Agenda: To consider consolidated financial results forecast and dividend forecast previously announced on May 9, 2025, based on recent performance trends.