BRIEF-Nippon Steel Corp: To Record 230 Billion Yen Loss As Result Of Share Transfer Of NS Kote, A Holding Company That Owns All Of Our Equity Of AM/NS Calvert, To Arcelormittal

Reuters

06-19

BRIEF-Nippon Steel Corp: To Record 230 Billion Yen Loss As Result Of Share Transfer Of NS Kote, A Holding Company That Owns All Of Our Equity Of AM/NS Calvert, To Arcelormittal

June 19 (Reuters) - Nippon Steel Corp 5401.T:

NIPPON STEEL CORP - ANNOUNCEMENT REGARDING RECOGNITION OF BUSINESS RESTRUCTURING LOSS
NIPPON STEEL CORP - TO RECORD 230 BILLION YEN LOSS ON REORGANIZATION
NIPPON STEEL CORP - LOSS IS RESULT OF SHARE TRANSFER OF NS KOTE, A HOLDING COMPANY THAT OWNS ALL OF OUR EQUITY OF AM/NS CALVERT LLC, TO ARCELORMITTAL S.A.
NIPPON STEEL CORP - WE WILL PROVIDE AN UPDATED FULL-YEAR EARNINGS FORECAST FOR THE FISCAL YEAR ENDING MARCH 2026 AS SOON AS REASONABLY PRACTICABLE

Source text: ID:nTSrr90d8a

Further company coverage: 5401.T

(Reporting by Kantaro Komiya)

((Kantaro.Komiya@thomsonreuters.com;))

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