{"id":124319,"date":"2026-09-29T16:10:19","date_gmt":"2026-09-29T07:10:19","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/5401-20260929-01_wp_corporate_restructuring\/"},"modified":"2026-09-29T16:10:19","modified_gmt":"2026-09-29T07:10:19","slug":"5401-20260929-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-5401\/ir\/5401-20260929-01_wp_corporate_restructuring\/","title":{"rendered":"Notice of Termination of the Memorandum of Understanding Regarding Consideration of Business Integration Between Our Subsidiary and Kanadevia Co., Ltd."},"content":{"rendered":"<p>Nippon Steel announced the termination of the memorandum of understanding on business integration discussions between its subsidiary Nippon Steel Engineering and Kanadevia, and the end of those discussions. No impact on consolidated financial results.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5401","jir_company_name":"Nippon Steel Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/5401-20260929-01.pdf","jir_short_summary":"Nippon Steel announced the termination of the memorandum of understanding on business integration discussions between its subsidiary Nippon Steel Engineering and Kanadevia, and the end of those discussions. No impact on consolidated financial results.","jir_summary":"### Background and Termination\nToday, Nippon Steel Engineering Co., Ltd. and Kanadevia Co., Ltd. resolved by mutual agreement to terminate the \"Memorandum of Understanding on Consideration of Business Integration\" signed on February 5, 2026. Accordingly, discussions and consultations between the two companies regarding business integration will cease. The reason for termination is explained as the parties concluding that it is difficult to reach agreement on the conditions for the business integration. Nippon Steel Corporation has stated that there is no impact on its consolidated financial results.\n\n### Impact on Shareholders and the Market and Future Policy\nThere is no impact on the standalone results of Nippon Steel Engineering or Kanadevia due to the termination of the memorandum, and at this time there is no indication that a new integration plan will be announced as a result of ending the integration discussions. Investors should monitor announcements regarding future consolidated strategy and restructuring plans.","jir_financial_highlights":"Impact on consolidated results: Unknown (Unknown)","jir_category":"","jir_hashtags":"#NipponSteelIRExample, #TerminationOfIntegrationConsideration","jir_key_figures":"Impact on consolidated results: Unknown\nReason for termination: Difficulty reaching agreement on conditions\nAnnouncement date: 2026-09-29","jir_meta_title":"Nippon Steel Corporation Announces Termination of Memorandum on Integration Consideration\uff5cSeptember 29, 2026","jir_meta_description":"Nippon Steel has terminated the memorandum of understanding regarding business integration consideration between its subsidiaries Nippon Steel Engineering and Kanadevia. No impact on consolidated results. Monitor future strategic developments.","jir_og_title":"Nippon Steel Corporation\uff5cAnnounces Termination of Integration Consideration (2026\/09\/29)","jir_og_description":"The memorandum of understanding on business integration consideration between Nippon Steel Engineering and Kanadevia has been terminated. No impact on results. Monitor future strategic developments.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6897,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-124319","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Termination of the Memorandum of Understanding Regarding Consideration of Business Integration Between Our Subsidiary and Kanadevia Co., Ltd. - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-5401\/ir\/5401-20260929-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-5401\/ir\/5401-20260929-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-5401\/ir\/5401-20260929-01_wp_corporate_restructuring\/\",\"name\":\"Notice of Termination of the Memorandum of Understanding Regarding Consideration of Business Integration Between Our Subsidiary and Kanadevia Co., Ltd. - 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