Tag - nippon

 
 

NIPPON

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.
Liberal Democratic Party policy chief Itsunori Onodera (right) announces its campaign pledges for the Upper House election at the party's headquarters in Tokyo on Thursday.
JAPAN / Politics
Jun 25, 2025
Over 470 gearing up to run in Japan's Upper House election
Opposition parties are expected to fight over Upper House seats in over half of the 32 constituencies where one seat each is up for grabs.
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.
The Upper House during a plenary session in Tokyo on Wednesday
JAPAN / Politics / FOCUS
Jun 20, 2025
Ishiba handles minority government well over the six-month session
With parliamentary business concluding, all eyes are on next month’s Upper House election.
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.
Yoshihiko Noda, head of the Constitutional Democratic Party of Japan, said there should not be a political vacuum amid ongoing tariff negotiations between the Japanese and U.S. governments.
JAPAN / Politics
Jun 19, 2025
Main opposition CDP decides against no-confidence motion for Ishiba
CDP chief Yoshihiko Noda said that there should not be a political vacuum amid ongoing tariff negotiations between the Japanese and U.S. governments.
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.
Tatsunori Ibayashi, a Liberal Democratic Party lawmaker who was removed from his post as Lower House finance committee chair, reacts after a motion of dismissal against him cleared the chamber on Wednesday.
JAPAN / Politics
Jun 18, 2025
In a first, Lower House opposition parties unite to dismiss finance committee chair
Yukihiko Akutsu, a Constitutional Democratic Party of Japan lawmaker, was chosen hours later to replace the chair in an election in the Lower House.
Lawmakers from the Constitutional Democratic Party of Japan, Nippon Ishin no Kai and the Democratic Party for the People submit a motion to dismiss the chairman of the House of Representatives' Financial Affairs Committee, on Tuesday at parliament.
JAPAN / Politics
Jun 17, 2025
Opposition parties submit motion to dismiss Lower House panel chief
The motion to dismiss comes amid the panel chairman's refusal to hold deliberations on a bill to abolish the provisional gasoline tax rate.
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.
Kisaburo Tokai (center right), Liberal Democratic Party political reform chief, and Hiroshi Ogushi (center left), acting Constitutional Democratic Party of Japan leader, and others attend a meeting on political reform between ruling and opposition party officials at the Diet on Thursday.
JAPAN / Politics
Jun 13, 2025
Japan delays decision on reviewing political donations
Political reform chiefs from the parties concluded that it would be difficult to enact legislation on the review before the current parliamentary session ends.
Prime Minister Shigeru Ishiba (center right) meets with Constitutional Democratic Party of Japan leader Yoshihiko Noda (center left) in Tokyo on Thursday.
JAPAN / Politics
Jun 12, 2025
Ishiba on the counteroffensive in parliament’s final rush
A recent bump in approval ratings and a show of bipartisan unity have given the prime minister a boost in parliament.
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.
The Fighters' Ryota Isobata reacts after a hit during a game against the DeNA BayStars in Yokohama on Saturday. The Fighters had announced a policy of allowing spectators to post videos and photos to social media at games, but backtracked after opposition from NPB.
BASEBALL / Japanese Baseball
Jun 10, 2025
Japan's baseball world divided on fans' social media use
NPB introduced a ban in February on posting photos and videos of players on the field during play to social media sites.
Prime Minister Shigeru Ishiba speaks at an Upper House session in Tokyo on Monday.
JAPAN / Politics
Jun 9, 2025
No-confidence motion against Ishiba Cabinet could lead to double election
A double election could result in more political stability if either bloc manages to capture both chambers, or continued instability if neither holds a majority.

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