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October 24, 2025
 

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NIPPON STEEL

Nippon Steel has announced a $300 million investment in two U.S. Steel facilities, which forms part of its $11 billion commitment to the American steelmaker.
BUSINESS / Companies
Sep 26, 2025
Nippon Steel to invest $300 million in U.S. Steel
The investment in two U.S. Steel plants forms part of the Japanese company's $11 billion commitment to the American steelmaker.
U.S. President Donald Trump speaks about trade at the Granite City Works steel coil warehouse in Granite City, Illinois, in July 2018.
BUSINESS / Companies
Sep 20, 2025
Trump officials used 'golden share' to block U.S. Steel from stopping work at plant
The move highlighed the federal government’s continued influence over an iconic American firm after approving its takeover by Nippon Steel.
U.S. President Donald Trump at Granite City Works in Illinois in 2018. U.S. Steel, the owner of the plant, was acquired by Nippon Steel earlier this year.
BUSINESS / Companies
Sep 10, 2025
U.S. Steel’s Granite City Works to cease steel slab processing: report
The production decision comes just three months after the acquisition by Nippon Steel.
Nippon Steel has dropped a civil lawsuit filed in the United States related to its acquisition of United States Steel after a successful settling of the takeover deal.
BUSINESS / Companies
Sep 4, 2025
Nippon Steel drops civil lawsuit related to U.S. Steel buyout
The Japanese steelmaker had sued U.S. peer Cleveland-Cliffs, its CEO, and the head of a steel union over what it alleged were illegal acts to prevent the buyout.
To critics, the White House move to invest in chipmaker Intel threatens the U.S. business world's nimbleness.
BUSINESS / Markets
Aug 26, 2025
Trump wants more deals such as Intel's, worrying business community
The approach upends a decades-old view of the U.S. economy, in which the government only took corporate stakes in rare emergencies.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ¥195.8 billion for the fiscal first quarter, against the year-before profit of ¥157.5 billion.
Nippon Steel had pledged to ensure that more than half of members of the U.S. Steel board are American citizens.
BUSINESS / Companies
Jul 31, 2025
Nippon Steel names three American directors to U.S. Steel board
The move fulfills a pledge that the Japanese steelmaker made under a national security agreement reached with the U.S. government.
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.
For three key Cabinet posts, Takaichi turns to an eclectic trio
Shinjiro Koizumi — son of a former prime minister and rival to the current one — was appointed defense chief after falling short in his bid for the Liberal Democratic Party presidency earlier this month.
Rare female yakuza walks path to redemption in Japan
Retired yakuza Mako Nishimura sorts fallen leaves during a clean-up activity at the Gifu Gokoku shrine in Gifu Prefecture on Sept. 28.
Driving in Japan isn’t hard. Getting the license is.
The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Polls show Takaichi Cabinet off to strong start with support for policy stance
Prime Minister Sanae Takaichi speaks during a news conference in Tokyo on Tuesday.
The newly formed LDP-JIP coalition may not be as solid as it seems
Ruling Liberal Democratic Party President Sanae Takaichi and Japan Innovation Party leader Hirofumi Yoshimura sign a policy agreement between the two parties at the Diet in Tokyo on Monday.
AI-optimized cybercrime increasingly targeting Japan
A recent cyberattack on brewer Asahi Group Holdings resulted in the company suspending shipments.
K-pop idol Chanyeol does J-pop his own way on ‘Hibi’
South Korean singer Chanyeol made his Japanese-language solo debut with the EP “Hibi,” which features six tracks inspired by his love of Japanese music.
In pictures: The day Japan’s glass ceiling finally cracked
Takaichi, surrounded by LDP influencers
London exhibition perhaps sumo's most successful trip abroad
With the recent sumo jaunt to London being essentially a goodwill exercise, <i>rikishi</i> were far more outgoing and relaxed than normal.

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Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.
By Thu-Huong Ha and Mike Fu

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