JFE Holdings Inc (5411.T)
* Nippon Steel Q1 profit dips 19 pct, sees increase for full-year
TOKYO 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.
TOKYO 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 targets 280 bln bln in average annual recurring profit (Recasts with total investment plan and quotes)
* JFE HOLDINGS SAYS PLANS A TOTAL OF 1 TRILLION YEN ($9.15 BILLION) INVESTMENT OVER NEXT 3 YEARS