Latest Tokyo Brief coverage on JFE Holdings,Inc., tracking filings, financial news, and market signals from Japan.
TSE:5411
JFE Holdings priced a ¥20bn, five-year bond at 2.703% on September 9, with net proceeds set aside entirely to redeem part of a bond maturing nine days later, not to fund new capital spending.
A joint EDINET filing shows Nomura Securities, Nomura International and Nomura Asset Management holding just under 50 million JFE Holdings shares between them, with over 13 million tied to bonds carrying share-subscription rights rather than a takeover push.
JFE Holdings has replaced the undecided first-half guidance it published in May with hard numbers: ¥65bn in profit, more than double last year's ¥26.7bn, alongside a fixed ¥40-and-¥40 dividend split and a roughly ¥45bn land sale at its Kawasaki steelworks.
Current holdings disclosed by tracked funds.