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July 06, 2025
 

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NIPPON STEEL

Prime Minister Shigeru Ishiba and Chief Cabinet Secretary Yoshimasa Hayashi (right) meet with Nippon Steel Chairman and CEO Eiji Hashimoto (center), President and Chief Operating Officer Tadashi Imai (second from left), and Vice Chairman and Executive Vice Present Takahiro Mori (left) at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Companies
Jul 2, 2025
Nippon Steel aiming to prove value of Japan-U.S. cooperation, chairman says
PM Ishiba explained that Tokyo is continuing to urge the administration of U.S. President Donald Trump to review its high tariffs.
U.S. President Donald Trump receives a gold helmet with his name on it during a visit to U.S. Steel in West Mifflin, Pennsylvania.
BUSINESS / Companies
Jun 27, 2025
Trump himself will wield U.S. Steel ‘golden share’ superpowers
After the U.S. president leaves office, the authority will move to executive branch departments.
Ryosei Akazawa, Japan’s chief tariff negotiator (left), meets with Nippon Steel Chairman and CEO Eiji Hashimoto.
BUSINESS
Jun 24, 2025
Japan needs a big, beautiful trade deal with the United States
A creative solution along the lines of the U.S. Steel "golden share" has been suggested.
Nippon Steel Chairman and CEO Eiji Hashimoto (left) and Nippon Steel Vice Chairman and Executive Vice President Takahiro Mori. The Japanese company is still undecided about a civil suit filed against a U.S. competitor.
BUSINESS / Companies
Jun 20, 2025
Nippon Steel drops lawsuit against U.S. government after acquiring U.S. Steel
The Japanese company had challenged the legality of U.S. President Joe Biden's rejection of the acquisition.
Nippon Steel Chairman and CEO Eiji Hashimoto leaves a news conference, at which he discussed the acquisition of United States Steel, on Thursday
BUSINESS / Companies
Jun 19, 2025
Nippon Steel completes U.S. Steel acquisition after 18-month slog
The firm now owns all the stock of the American steel-maker, other than a "golden share" that gives the U.S. government a degree of control
A Nippon Steel facility in Kashima, Ibaraki prefecture on Dec. 6, 2024
BUSINESS / Companies
Jun 19, 2025
Nippon Steel closes acquisition of U.S. Steel to end 18-month saga
The controversial deal weathered two presidential administrations, union opposition, an expensive lobbying campaign and two U.S. security panel reviews.
U.S. President Donald Trump’s reversal on the Nippon Steel deal creates a "win-win-win-win" situation benefiting both companies, the U.S. economy, and the Japan-U.S. alliance, but the golden share raises concerns about increased government control.
COMMENTARY / Japan
Jun 17, 2025
Nippon Steel deal signals a win for the U.S. economy and Japan alliance
Last week, Trump lifted the Biden block, saying that the acquisition could go forward if the two companies signed a national security agreement with the U.S. government.
Nippon Steel is buying United States Steel in a deal that gives the U.S. government a golden share in the U.S. steelmaker.
BUSINESS / Companies
Jun 16, 2025
Nippon Steel may have gotten the deal it wanted all along
The Japanese company has already committed to heavy investment in U.S. Steel and a U.S.-controlled board of directors at the American steelmaker.
U.S. government's "golden share" in U.S. Steel will require the company to obtain approval from the U.S. president before relocating its headquarters from Pittsburgh or changing its name, U.S. Commerce Secretary Howard Lutnick said Saturday.
BUSINESS / Companies
Jun 15, 2025
'Golden share' to help U.S. Steel keep name and prevent relocation
The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S. president.
A production line at a plate rolling mill is seen at Nippon Steel's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, last month.
BUSINESS / Companies / FOCUS
Jun 14, 2025
Debt to decarbonization: challenges for Nippon Steel
The Japanese giant faces numerous headwinds going forward, including onerous U.S. trade tariffs and lackluster global demand.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, last month.
BUSINESS / Companies
Jun 14, 2025
Trump gives formal blessing to Nippon Steel's $14.8 billion bid for U.S. Steel
The approval capped a tumultuous 18-month effort by the companies, beset by union opposition and national security reviews.
Nippon Steel Vice Chairman Takahiro Mori at U.S. Steel's Irvin Works facility in West Mifflin, Pennsylvania, on May 30
BUSINESS / Companies
Jun 11, 2025
3D urges shareholders to reject new term for Nippon Steel heads
Nippon Steel’s large-scale capital investment plan "significantly” exceeds the company’s market value, 3D said in a statement.
U.S. President Donald Trump at the U.S. Steel Corporation Irvin Works facility in West Mifflin, Pennsylvania, on Friday
BUSINESS / Companies
May 31, 2025
Trump to hike steel tariffs to 50% to aid Nippon-U.S. Steel
The U.S. president said the move would help protect American steelworkers during a visit to a United States Steel plant on Friday.
Nippon Steel said it would build a new electric arc furnace — which uses scrap metal as a raw material — at its Kyushu works, while expanding and restarting capacity at two other sites.
BUSINESS / Companies
May 30, 2025
Nippon Steel plans $6 billion investment in its Japanese mills
The spending in Japan comes at a critical juncture for the firm’s 17-month push to acquire U.S. Steel.
Nippon Steel’s pursuit of U.S. Steel may succeed thanks to a U.S. veto-wielding golden share, but the high costs, political concessions and strategic risks suggest the deal could end up being a costly misstep.
COMMENTARY / Japan
May 30, 2025
Stop the steel! Japan’s giving too much away in this deal.
Nippon Steel risks handcuffing itself giving Trump a golden share.
U.S. Steel Edgar Thompson Works in Pennsylvania
BUSINESS / Economy
May 29, 2025
Trump’s Nippon Steel bid support boosts Japan’s trade talk hopes
The apparent breakthrough raises the possibility that Japan could get some new traction in its bid to get tariffs on autos and other exports removed.
Nippon Steel headquarters in Tokyo. The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
BUSINESS / Companies
May 28, 2025
Golden share fix proposed for knotty Nippon Steel-U.S. Steel deal
The plan would give the U.S. government a veto over certain company decisions.
Donald Trump’s approval of Nippon Steel’s U.S. Steel partnership signals a key step in U.S.-Japan economic and security cooperation amid rising competition with China.
COMMENTARY / Japan
May 27, 2025
Nippon Steel partnership go-ahead boosts U.S.-Japan cooperation
The move is a sharp departure from Trump’s earlier, politically motivated stance opposing foreign ownership of U.S. Steel.
Takahiro Mori, executive vice president of Japan's biggest steelmaker Nippon Steel, speaks about its strategy in its headquarters in Tokyo on Nov. 28, 2023.
BUSINESS / Companies / FOCUS
May 26, 2025
Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at U.S. merger
With Biden's incoming successor Donald Trump also voicing opposition to the planned purchase, the outlook was bleak.
A United States Steel plant in River Rouge, Michigan. The guessing game continues as to what a "partnership" between Nippon Steel and U.S. Steel, as announced by U.S. President Donald Trump, actually entails.
BUSINESS / Companies
May 26, 2025
Even Nippon Steel is unsure about what a ‘partnership’ with U.S. Steel means
U.S. President Donald Trump's plan for the steelmakers has left the markets guessing and the participants keen to remain mum.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
U.S. military apologizes over Okinawa sexual assault case
Col. Neil Owens (right), chief of staff for the 3rd Marine Division, bows in apology at the Okinawa Prefectural Government office in Naha on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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