March 28, 2019
Nippon Steel & Sumitomo Metal Corporation
Sanyo Special Steel Co., Ltd.
Regarding the Completion to Make Sanyo Special Steel Co., Ltd. a Subsidiary
of Nippon Steel & Sumitomo Metal Corporation and Other Matters
Today, Nippon Steel & Sumitomo Metal Corporation ("NSSMC") completed the procedures to
acquire 51% of the common shares of Sanyo Special Steel Co., Ltd. ("Sanyo Special Steel") and
made the company a subsidiary of NSSMC. On the same day, Sanyo Special Steel acquired all
shares of Ovako AB, a manufacturer of special steel the headquarters of which is located in Sweden,
from NSSMC and made Ovako a wholly-owned subsidiary.
(For Inquiries)
Nippon Steel & Sumitomo Metal Corporation, Public Relations Center: Tel. +81-3-6867-2135, 2146, 2977, 3419
Sanyo Special Steel Co., Ltd., General Administration Department: Tel. +81-79-235-6003
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Nippon Steel & Sumitomo Metal Corporation published this content on 28 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2019 06:44:09 UTC