Tag - kobe-steel

 
 

KOBE STEEL

Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE Holdings and 16.8% to ¥100 billion at Kobe Steel.
BUSINESS / Companies
May 13, 2025
Three major Japan steelmakers say they expect profit falls in fiscal 2025
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE and 16.8% to ¥100 billion at Kobe Steel.
BUSINESS
Jun 12, 2023
Major Japanese steelmakers face high bar for decarbonization
Carbon dioxide emissions from the steel industry account for roughly 50% of the total from the domestic industry sector.
Japan Times
BUSINESS
Aug 5, 2019
Highlighting industry's troubles, Kobe Steel's shares take huge hit
Kobe Steel Ltd. tumbled as much as 13 percent in Tokyo to hit the lowest level in almost seven years after Japan's third-biggest steelmaker swung to a first-quarter loss and warned that full-year profit will collapse.
Japan Times
COMMUNITY / Issues / LAW OF THE LAND
Oct 10, 2018
Japan demonstrates how too many rules can ruin governance
Culture of over-regulation helps explain the country's persistent problem with data falsification.
EDITORIALS
May 11, 2018
Get to the bottom of product data falsification
Corporate Japan's tarnished image can only be restored by thorough efforts to uncover the cause of the data falsifaction scandals and to ensure that they don't happen again.
Japan Times
BUSINESS / Companies
Apr 28, 2018
Kobe Steel posts first profit in three years despite data fraud scandal
Kobe Steel Ltd., Japan's third-biggest steel-maker, on Friday posted its first annual profit in three years, even after admitting to falsifying quality data, a scandal that affected hundreds of customers and hurt the country's reputation for manufacturing prowess.
Japan Times
BUSINESS / Companies
Mar 16, 2018
Kobe Steel's new CEO vows to restore damaged trust with program of reforms
Mitsugu Yamaguchi vows to rebuild corporate governance and culture at Japan's third-largest steel-maker when he starts work on April 1.
Japan Times
BUSINESS / Companies
Mar 6, 2018
Kobe Steel CEO steps down over data fabrication scandal
The move comes as the firm seeks to take responsibility for the brouhaha that dented the nation's once vaunted reputation for excellence.

Longform

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