Nippon Steel Corporation will issue 300 billion yen each of Euro-Yen denominated convertible bonds with stock acquisition rights maturing in 2029 and 2031, with an expected potential stock dilution rate of 15.63%.<\/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,"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 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/5401-20260225-01.pdf","jir_short_summary":"Nippon Steel Corporation will issue 300 billion yen each of Euro-Yen denominated convertible bonds with stock acquisition rights maturing in 2029 and 2031, with an expected potential stock dilution rate of 15.63%.","jir_summary":"### Overview of Convertible Bonds with Stock Acquisition Rights Issuance\nNippon Steel Corporation has decided to issue Euro-Yen denominated convertible bonds with stock acquisition rights maturing in 2029 and 2031, each amounting to 300 billion yen. The conversion price for the 2029 maturity bonds is set at 730.3 yen, and for the 2031 maturity bonds at 737.0 yen. The redemption amount at maturity is 104.16% and 104.01% of the face value respectively. The issue date is March 12, 2026, and the exercise period for the stock acquisition rights is from March 26, 2026, until January 31 of each maturity year.\n\n### Impact on Shareholders and Other Conditions\nThe issuance is expected to result in a potential stock-to-outstanding shares ratio of 15.63% based on the total number of shares issued as of January 31, 2026, indicating anticipated share dilution. The bonds will not be offered or sold in Japan, nor offered or sold in the United States. Detailed terms regarding early redemption, restrictions on the exercise period of the stock acquisition rights, and exercise restrictions in specific cases such as corporate reorganizations are also stipulated.","jir_financial_highlights":"Total Amount of Convertible Bonds Maturing in 2029: 300 billion yen (Increased from 275 billion yen at time of issuance resolution)\nTotal Amount of Convertible Bonds Maturing in 2031: 300 billion yen (Unknown)\nConversion Price (Maturing 2029): 730.3 yen (Unknown)\nConversion Price (Maturing 2031): 737.0 yen (Unknown)\nDilution Ratio Due to Potential Shares: 15.63% (Unknown)\nDate of Issuance Decision: 2026-02-24 (Unknown)","jir_category":"","jir_hashtags":"#NipponSteelCorporation, #CapitalPolicy, #ConvertibleBondsWithStockAcquisitionRights, #IR","jir_key_figures":"Total Amount of Convertible Bonds Maturing in 2029: 300 billion yen (increased from 275 billion yen at time of issuance resolution)\nTotal Amount of Convertible Bonds Maturing in 2031: 300 billion yen\nPotential Share Dilution Ratio: 15.63% (ratio to total number of outstanding shares as of January 31, 2026)","jir_meta_title":"Nippon Steel Decides to Issue 300 Billion Yen Each of Convertible Bonds with Stock Acquisition Rights Maturing 2029 and 2031","jir_meta_description":"Nippon Steel Corporation will issue 300 billion yen each of Euro-Yen denominated convertible bonds with stock acquisition rights maturing in 2029 and 2031, with an expected potential stock dilution rate of 15.63%. The issue date is March 12, 2026.","jir_og_title":"Nippon Steel Announces Determination of Terms for Convertible Bonds with Stock Acquisition Rights","jir_og_description":"Nippon Steel Corporation will issue 300 billion yen each of convertible bonds with stock acquisition rights maturing in 2029 and 2031, with a potential share dilution rate of 15.63%.","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":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-30892","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n