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NKK, Kawasaki Steel set up firm ahead of integration

TOKYO, Japan - Kanji Emoto (R), chairman of JFE Holdings Inc., and Yoichi Shimogaichi, JFE Holdings president, attend a news conference in Tokyo on Sept. 27, the same day NKK Corp. and Kawasaki Steel Corp. set up the joint holding company as the first step in forming the JFE Group and becoming the world's fourth largest integrated steelmaker.

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Kawasaki Steel chief ready to fight 'law of jungle'

TOKYO, Japan - Fumio Sudo, new president of Kawasaki Steel Corp., speaks in an interview with Kyodo News on June 28. Sudo said his company's decision to integrate operations with NKK Corp. is aimed at acquiring ''physical and brain power'' to survive ''the law of the jungle'' that will arise from further liberalization of the global steel market.

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Kawasaki, NKK to integrate operations in 2002

TOKYO, Japan - Yoichi Shimogaichi (L), president of NKK Corp., Japan's second-largest steelmaker, and Kanji Emoto, president of Kawasaki Steel Corp., ranking third, shake hands at a news conference in a Tokyo hotel on April 13. They announced that the two companies have agreed to integrate their operations in October 2002 under a joint holding company.

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(1)Kawasaki Steel, NKK to integrate operations

TOKYO, Japan - File photo shows the headquarters in Tokyo of major steelmaker NKK Corp., which reportedly agreed April 13 with Kawasaki Steel Corp. to integrate operations. Their combined annual crude steel production would total 23 million tons, close to the output of Japan's top steelmaker Nippon Steel Corp.

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(2)Kawasaki Steel, NKK to integrate operations

KOBE, Japan - File photo shows the headquarters in Kobe of Kawasaki Steel Corp., which reportedly agreed April 13 with NKK Corp. to integrate operations. Their combined annual crude steel production would total 23 million tons, close to the output of Japan's top steelmaker Nippon Steel Corp.

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Hitachi Zosen, NKK to merge shipbuilding units

TOKYO, Japan - NKK Corp. President Yoichi Shimogaichi and Hitachi Zosen Corp. President Iso Minami shake hands at a news conference in Tokyo on Feb. 23. The two firms agreed to merge their shipbuilding operations into a fifty-fifty joint venture to be established Oct. 1, 2002 in a bid to survive in the increasingly competitive global market.

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NKK to compensate Korean forced laborer for assault

Kim Kyung Suk (R) wipes away tears at a news conference in Tokyo on April 6, after NKK Corp., a Tokyo-based steelmaker, agreed to pay 4.1 million yen in a court-mediated settlement to the 72-year-old South Korean, who was suspended from a ceiling and beaten at a company plant after being forcibly taken to Japan for compulsory labor during World War II. Kim had demanded 10 million yen in damages and an apology from the company.

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Toa Steel decides to liquidate

Satoru Nomura, president of Toa Steel Co., Japan's second-largest electric-furnace steelmaker, makes a bow at a news conference Thursday Sept. 3 after announcing a decision to liquidate the company and hand over most of its assets, operations and workers to a company to be set up by its parent NKK Corp. The company's total liabilities are estimated to eclipse its combined assets by 46 billion yen.

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Kawasaki Steel chief ready to fight 'law of jungle'

TOKYO, Japan - Fumio Sudo, new president of Kawasaki Steel Corp., speaks in an interview with Kyodo News on June 28. Sudo said his company's decision to integrate operations with NKK Corp. is aimed at acquiring ''physical and brain power'' to survive ''the law of the jungle'' that will arise from further liberalization of the global steel market.

E

NKK, Kawasaki Steel set up firm ahead of integration

TOKYO, Japan - Kanji Emoto (R), chairman of JFE Holdings Inc., and Yoichi Shimogaichi, JFE Holdings president, attend a news conference in Tokyo on Sept. 27, the same day NKK Corp. and Kawasaki Steel Corp. set up the joint holding company as the first step in forming the JFE Group and becoming the world's fourth largest integrated steelmaker. (Kyodo)

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(2)Kawasaki Steel, NKK to integrate operations

KOBE, Japan - File photo shows the headquarters in Kobe of Kawasaki Steel Corp., which reportedly agreed April 13 with NKK Corp. to integrate operations. Their combined annual crude steel production would total 23 million tons, close to the output of Japan's top steelmaker Nippon Steel Corp.

E

(1)Kawasaki Steel, NKK to integrate operations

TOKYO, Japan - File photo shows the headquarters in Tokyo of major steelmaker NKK Corp., which reportedly agreed April 13 with Kawasaki Steel Corp. to integrate operations. Their combined annual crude steel production would total 23 million tons, close to the output of Japan's top steelmaker Nippon Steel Corp.

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Kawasaki, NKK to integrate operations in 2002

TOKYO, Japan - Yoichi Shimogaichi (L), president of NKK Corp., Japan's second-largest steelmaker, and Kanji Emoto, president of Kawasaki Steel Corp., ranking third, shake hands at a news conference in a Tokyo hotel on April 13. They announced that the two companies have agreed to integrate their operations in October 2002 under a joint holding company.

E

Hitachi Zosen, NKK to merge shipbuilding units

TOKYO, Japan - NKK Corp. President Yoichi Shimogaichi and Hitachi Zosen Corp. President Iso Minami shake hands at a news conference in Tokyo on Feb. 23. The two firms agreed to merge their shipbuilding operations into a fifty-fifty joint venture to be established Oct. 1, 2002 in a bid to survive in the increasingly competitive global market.

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NKK to compensate Korean forced laborer for assault

Kim Kyung Suk (R) wipes away tears at a news conference in Tokyo on April 6, after NKK Corp., a Tokyo-based steelmaker, agreed to pay 4.1 million yen in a court-mediated settlement to the 72-year-old South Korean, who was suspended from a ceiling and beaten at a company plant after being forcibly taken to Japan for compulsory labor during World War II. Kim had demanded 10 million yen in damages and an apology from the company. ==Kyodo

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Toa Steel decides to liquidate

Satoru Nomura, president of Toa Steel Co., Japan's second-largest electric-furnace steelmaker, makes a bow at a news conference Thursday Sept. 3 after announcing a decision to liquidate the company and hand over most of its assets, operations and workers to a company to be set up by its parent NKK Corp. The company's total liabilities are estimated to eclipse its combined assets by 46 billion yen.