52 Week Range
As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
JFE Steel: To Temporarily Halt Production At 2 Western Japan Steel Plants Amid Lower Demand Due To Coronavirus
JFE Holdings Executive Koji Kakigi To Be New President
JFE Executive Says It Plans About 28 Million Tonnes Of Crude Steel Output For FY2018/19 On Parent Basis, Down From Its Earlier Target Of 29 Million Tonnes
JFE Holdings, Inc. is a Japan-based company mainly engaged in the planning of business strategy, the management of business and risk, as well as the presentation of group investor information. The Steel segment is engaged in the manufacture and sale of steel products, processed steel products and raw materials, as well as the delivery, facility maintenance and construction businesses. The Engineering segment is engaged in the engineering construction business related to energy, urban environment, recycling, steel structure and industrial machinery. The Trading segment provides steel products, welding materials, iron powder, steel processing products, steel raw materials and equipment, non-ferrous metal products and food, among others.
Iron & Steel
28F, Hibiya International Bldg.
President, Chief Executive Officer, Representative Director
Chief Financial Officer, Executive Vice President, Representative Director
President of Subsidiary, Representative Director
President of Subsidiary, Director
President of Subsidiary, Director
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Japan's JFE Holdings Inc said on Tuesday it would aim to cut CO2 emissions from its mainstay steel unit, JFE Steel, by more than 20% by the 2030 financial year that ends March 2031 from the 2013 level in a bid to tackle climate change.
JFE Holdings <5411.T>, Japan's second-biggest steelmaker, on Wednesday warned of a net loss of 100 billion yen ($937 million) in the year to March 2021, its second consecutive year of loss, as the COVID-19 pandemic choked off steel demand.
JFE Holdings Inc <5411.T> on Tuesday signalled plans to shore up cash flow, as higher raw materials costs and weaker demand from a global economy that was slowing even before the coronavirus pandemic drove it to a record net loss.
Japan's JFE Steel, owned by JFE Holdings, will temporarily halt two blast furnaces in western Japan because of a coronavirus-related slump in steel demand, potentially cutting 25% of its capacity, it said on Wednesday.
JFE Holdings Inc <5411.T> said on Friday it would cut steel capacity by 13% by shutting a blast furnace by March 2024 and predicted a record annual loss because demand has been hit by the U.S.-China trade war.
The top three Japanese steelmakers reduced their annual profit forecasts this month as slumping steel prices in Asia eroded their export margins while slower auto demand overseas and falling usage in machinery at home forced them to cut output.
Japanese steelmakers JFE Holdings <5411.T> and Kobe Steel <5406.T> cut their annual profit forecasts on Tuesday due to technical glitches at their plants and higher costs of electricity, distribution and subsidiary materials.
Japanese steelmakers reported little fallout in their first-quarter earnings from the U.S. import tariffs on steel, but they all voiced growing concerns over possible U.S. duties on automobiles which could hurt a wide range of Japan's industries.
JFE Holdings Inc, parent of Japan's No. 2 steelmaker, has seen no major impact on its exports so far from new U.S. import duties on steel, but still sees U.S. trade policy as the biggest risk for the Japanese economy, its president said.
JFE Holdings Inc, parent of Japan's second-biggest steelmaker, will spend 1 trillion yen ($9.1 billion) in the next three years mainly to upgrade ageing local mills but it also plans to step up overseas investment, its president said.
* JFE HOLDINGS SAYS PLANS A TOTAL OF 1 TRILLION YEN ($9.15 BILLION) INVESTMENT OVER NEXT 3 YEARS
JFE Holdings Inc, parent of Japan's second-biggest steelmaker, plans to spend more than 650 billion yen ($6 billion) over the next three years upgrading domestic production facilities in a bid to raise productivity and competitiveness.
Japan's JFE Holdings Inc and India's JSW Steel Ltd are lining up a joint bid with a private equity firm for the assets of India's insolvent Bhushan Steel Ltd, two industry sources familiar with the matter said.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.