All publications by:
Shiori Matsumoto
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(Updated on June 26, 2024) Tokyo, Japan, 24 June, 2024 - World number four steel producer, Nippon Steel, faced three resolutions from investors to reform its climate change policies at its 2024 annual general meeting on Friday, showing its inadequate plans are under increased scrutiny.
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World number four steel producer, Nippon Steel, is failing to meet international standards and falling behind its competitors on climate action, due to its focus…
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World number four steel producer, Nippon Steel, is failing to meet international standards and falling behind its competitors on climate action, due to its focus on coal-based steelmaking.
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With the weak yen increasing profits from sales abroad, Japanese automobile companies are expected to perform well this financial year. Toyota, Honda, and Suzuki are likely to report their highest profits in years come March. However, an economist warns that Toyota’s current business model hinges on 'residual profit.' Moreover, the latest international auto makers’ evaluation rates Japanese companies against their intentional rivals and showing how they lag.
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Japanese banks, including Mitsubishi UFJ Financial, Mizuho Financial, SMBC Group, and Sumitomo Mitsui Trust, have provided more than USD 66 billion to the 50 biggest companies developing metallurgical coal projects for steel production outside of China.
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BlueScope has been handed AUD136.8 million from the Australian government's Critical Inputs to Clean Energy Industries (CICEI) program to reline a blast furnace at its…
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Description: This commentary is elaborated based on the article published in Japanese on 9 January, 2024. Nippon Steel Corporation’s acquisition of US Steel in the final…