Jan. 31, 2025
Nippon Steel Corporation
Nippon Steel Corporation (the “Company”) hereby announces that with the aim of making Sanyo Special Steel Co., Ltd. (Code number: 5481, Prime Market of Tokyo Stock Exchange, Inc; “Sanyo Special Steel”), which is the Company’s consolidated subsidiary, its wholly-owned subsidiary, at its board of directors’ meeting held on January 31, 2025, it adopted a resolution to acquire the shares of common stock of Sanyo Special Steel through a tender offer under the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended).
The details are described below.