M&A - KOBE STEEL LTD /FI
Form Type: CB/A
Filing Date: 2025-06-03
Corporate Action: Acquisition
Type: Update
Accession Number: 000095010325006867
Filing Summary: Kobe Steel, Ltd. has filed a CB/A regarding the acquisition of Nippon Koshuha Steel Co., Ltd., intending to make it a wholly owned subsidiary. This follows the execution of a Share Exchange Agreement, which involves transferring shares of Nippon Koshuha Steel to Daido Steel Co., Ltd. The filing includes press releases dated May 12, 2025, and May 29, 2025, detailing the share exchange agreement and information on the annual general shareholders meeting. The form also indicates that a written consent and power of attorney was previously filed, confirming compliance with legal requirements.
Additional details:
Name Of Subject Company: Nippon Koshuha Kogyo Kabushiki Kaisha
Jurisdiction Of Subject Company: Japan
Title Of Class Of Subject Securities: Common Stock
Name Of Person Furnishing Form: Kobe Steel, Ltd.
Contact Person Name: Kazuaki Kobayashi
Contact Person Address: 8F TMM Building, 1-10-5 Iwamoto-cho, Chiyoda-ku, Tokyo, 101-0032, Japan
Contact Person Phone: +81-3-5687-6023
Press Release 1 Title: Notice Concerning Execution of Share Exchange Agreement (Simplified Share Exchange) for Making Nippon Koshuha Steel Co., Ltd. a Wholly Owned Subsidiary of Kobe Steel Co., Ltd. and Transfer of Nippon Koshuha Steel Shares by Kobe Steel to Daido Steel Co., Ltd.
Press Release 1 Date: 2025-05-12
Press Release 2 Title: Notice of the 100th Annual General Shareholders Meeting
Press Release 2 Date: 2025-05-29
Date Signed: 2025-06-02
Signatory Name: Kazuhiko Kimoto
Signatory Title: Director, Executive Officer
Form Type: CB
Filing Date: 2025-05-12
Corporate Action: Merger
Type: New
Accession Number: 000095010325005892
Filing Summary: On May 12, 2025, Kobe Steel, Ltd. filed Form CB to announce the execution of a share exchange agreement which involves making Nippon Koshuha Steel Co., Ltd. a wholly owned subsidiary of Kobe Steel, Ltd. As part of this agreement, Kobe Steel will transfer shares of Nippon Koshuha Steel to Daido Steel Co., Ltd. The filing includes a press release detailing the implications of this share exchange and the strategic moves associated with it.
Additional details:
Name Of Subject Company: Nippon Koshuha Kogyo Kabushiki Kaisha
Translation Of Subject Company Name: Nippon Koshuha Steel Co., Ltd.
Jurisdiction Of Subject Company: Japan
Title Of Class Of Subject Securities: Common Stock
Address Of Person Authorized To Receive Notices: 8F TMM Building, 1-10-5 Iwamoto-cho, Chiyoda-ku, Tokyo, 101-0032, Japan
Telephone Number Of Person Authorized To Receive Notices: +81-3-5687-6023
Exhibit No: 99.1
Description Of Exhibit: Press release dated May 12, 2025 titled Notice Concerning Execution of Share Exchange Agreement (Simplified Share Exchange) for Making Nippon Koshuha Steel Co., Ltd. a Wholly Owned Subsidiary of Kobe Steel Co., Ltd. and Transfer of Nippon Koshuha Steel Shares by Kobe Steel to Daido Steel Co., Ltd.
Name Of Director Signing: Kazuhiko Kimoto
Title Of Director Signing: Director, Executive Officer
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