Kyoei Steel Ltd.

5440

JP3247400009

Iron & Steel

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
2,530 ^JPY	+1.44%		+7.57%	+26.56%

2020	Kyoei Steel Ltd. completed the acquisition of AltaSteel Inc. from AltaSteel Limited for ¥15.7 billion.	CI
2020	Kyoei Steel Ltd. agreed to acquire AltaSteel Inc. from AltaSteel Limited for approximately ¥ 15 billion.	CI

Kyoei Steel Ltd. agreed to acquire AltaSteel Inc. from AltaSteel Limited for approximately ¥ 15 billion.

February 03, 2020

Kyoei Steel Ltd. (TSE:5440) agreed to acquire AltaSteel Inc. from AltaSteel Limited for approximately ¥15.4 billion on February 4, 2020. The transaction is expected to close on February 29, 2020. As of February 28, 2020, the transaction is expected to close during March 2020.

Latest news about Kyoei Steel Ltd.

Kyoei Steel Ltd. completed the acquisition of AltaSteel Inc. from AltaSteel Limited for ¥15.7 billion.	20-03-16	CI
Kyoei Steel Ltd. agreed to acquire AltaSteel Inc. from AltaSteel Limited for approximately ¥ 15 billion.	20-02-03	CI
Kyoei Steel Ltd. acquired additional 2.1% stake in Viet Nam - Italy Steel Joint Stock Company for ¥190 million,	18-12-19	CI
Kyoei Steel Ltd. acquired additional 6.7% stake in Viet Nam - Italy Steel Joint Stock Company for approximately ¥710 million.	18-08-06	CI
Kyoei Steel Ltd. completed the acquisition of an additional 45% stake in Viet Nam - Italy Steel Joint Stock Company from Thai Hung Trading Joint Stock Company for ¥5.5 billion.	18-05-13	CI
Kyoei Steel Ltd. concluded a share transfer contract to acquire an additional 45% stake in Viet Nam - Italy Steel Joint Stock Company from Thai Hung Trading Joint Stock Company for ¥5.4 billion.	18-04-15	CI
Kyoei Steel Ltd. completed the acquisition of 20% stake in Viet Nam - Italy Steel Joint Stock Company from Thai Hung Trading Joint Stock Company.	17-11-06	CI
Kyoei Steel Ltd. agreed to acquire 20% stake in Viet Nam - Italy Steel Joint Stock Company from Thai Hung Trading Joint Stock Company for ¥1.9 billion.	17-11-05	CI
Kyoei Steel Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the First Half Ending September 30, 2017 and Full Year Ending March 31, 2018	17-07-30	CI
Ameristeel To Sell Rancho Cucamonga Mill	17-05-16	CI
Kyoei Steel Ltd. acquired BD Vinton, LLC from BDCM Opportunity Fund IV, L.P. managed by Black Diamond Capital Management, LLC for $52 million.	16-12-20	CI
Kyoei Steel, Ltd., Metal One Corporation and Marubeni-Itochu Steel Pte Ltd. cancelled the acquisition of Kyoei Steel Vietnam Company Limited from Kyoei Steel Singapore Corporation PTE. LTD.	13-10-03	CI
Nippon Steel Trading Co., Ltd. completed the acquisition of Sumikin Bussan Corp. from Nippon Steel & Sumitomo Metal Corporation, The Master Trust Bank of Japan, Ltd., Kyoei Steel, Ltd., Air Water Inc. and other sellers.	13-09-30	CI
Nippon Steel Trading Co., Ltd. entered into memorandum of understanding to acquire Sumikin Bussan Corp. from Nippon Steel & Sumitomo Metal Corporation, The Master Trust Bank of Japan, Ltd., Kyoei Steel, Ltd., Air Water Inc., and other sellers for for ¥45.3 billion.	13-02-06	CI
Nippon Steel & Sumikin Metal Products Co., Ltd., Sumitomo Corporation, Sumisho Tekko Hanbai Co., Ltd., and Kyoei Steel Ltd., in a Collaborative Effort with Bacviet Steel Joint Stock Company Establishes Joint Venture to Manufacture and Sell Steel Construction Materials in Vietnam	12-10-24	CI
Kyoei Steel, Ltd., Metal One Corporation and Marubeni-Itochu Steel Pte Ltd. agreed to acquire Kyoei Steel Vietnam Company Limited from Kyoei Steel Singapore Corporation PTE. LTD.	12-10-03	CI

Chart Kyoei Steel Ltd.

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Company Profile

Kyoei Steel Ltd is a Japan-based company mainly engaged in domestic steel business, overseas steel business, and environmental recycling business. It has three business segments. Domestic Steel segment manufactures and sells steel products mainly for civil engineering and construction steel products. Main products include deformed steel bars, flat steel, I-shaped steel, threaded bar, billet and rebar processed products. It is also engaged in the purchase and sale of steel products and the transportation business. Overseas Iron and Steel segment manufactures and sells steel products mainly for civil engineering and construction steel products. Main products are deformed steel bars and wire rods. Environmental Recycling segment is engaged in the operation of intermediate and final treatment of medical and industrial waste, and reclaimed stone business. It is also engaged in civil engineering material sales business, port business, financial asset management and insurance agency business.

Sector

Iron & Steel

Calendar

2024-04-29 - Q4 2023 Earnings Release

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Ratings for Kyoei Steel Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

D-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2,530 JPY

Average target price

2,230 JPY

Spread / Average Target

-11.86%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
KYOEI STEEL LTD.	+26.56%	698M
JSW STEEL LIMITED	+0.70%	25.86B
BAOSHAN IRON & STEEL CO., LTD.	+19.56%	21.28B
CHINA STEEL CORPORATION	-9.07%	11.73B
JINDAL STEEL & POWER LIMITED	+24.56%	11.2B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+11.54%	10.91B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.96%	10.15B
TERNIUM S.A.	+2.61%	8.56B
BHARAT FORGE LIMITED	+5.78%	7.32B
JINDAL STAINLESS LIMITED	+22.56%	6.92B

Iron, Steel Mills & Foundries

Kyoei Steel Ltd.

Equities

5440

JP3247400009

Iron & Steel

Kyoei Steel Ltd. agreed to acquire AltaSteel Inc. from AltaSteel Limited for approximately ¥ 15 billion.

EPS Revisions