Kobe Steel, Ltd. has entered into a share exchange agreement to fully acquire Kobe Steel Wire LLC, scheduled to become effective on September 1, 2026. The stock delisting is scheduled for August 28, 2026.<\/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 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":"5406","jir_company_name":"Kobe Steel, Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-05-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/5406-20260511-03.pdf","jir_short_summary":"Kobe Steel, Ltd. has entered into a share exchange agreement to fully acquire Kobe Steel Wire LLC, scheduled to become effective on September 1, 2026. The stock delisting is scheduled for August 28, 2026.","jir_summary":"### Overview of Share Exchange\nKobe Steel, Ltd. has entered into a share exchange agreement to acquire Kobe Steel Wire LLC as a wholly owned subsidiary, scheduled to take effect on September 1, 2026. The delisting of Kobe Steel Wire LLC is scheduled for August 28, 2026. Prior to this, Kobe Steel, Ltd. will cancel its treasury shares and deliver its shares through the share exchange. This will eliminate the parent-subsidiary listing relationship and fully resolve conflicts of interest.\n\n### Schedule and Impact Going Forward\nThe share exchange agreement was signed on May 11, 2026, and the Kobe Steel Wire LLC shareholders' meeting is scheduled for June 26, 2026. The delisting is scheduled for August 28, 2026. Kobe Steel, Ltd. owns approximately 43.48\uff05 of Kobe Steel Wire LLC's shares, and by becoming a wholly owned subsidiary, aims to maximize management resources across the group, enabling swift decision-making and business optimization.","jir_financial_highlights":"Kobe Steel Wire LLC Shareholding Ratio: 43.48\uff05 (Unknown)\nNumber of shares Kobe Steel, Ltd. holds: 2,569,522 shares (Unknown)\nNumber of outstanding shares of Kobe Steel Wire LLC: 5,912,999 shares (Unknown)","jir_category":"","jir_hashtags":"#KobeSteel, #IRType, #JapanStocks","jir_key_figures":"Outstanding shares of Kobe Steel Wire LLC: 5,912,999 shares\nNumber of shares held by Kobe Steel, Ltd.: 2,569,522 shares\nEffective date of share exchange: 2026-09-01","jir_meta_title":"\u3010Kobe Steel, Ltd.\u3011Complete Subsidiarization of Kobe Steel Wire LLC | May 2026","jir_meta_description":"Kobe Steel, Ltd. has entered into a share exchange agreement to fully acquire Kobe Steel Wire LLC, scheduled to take effect in September 2026. The delisting is scheduled for August 28.","jir_og_title":"\u3010Kobe Steel, Ltd.\u3011Subsidiarization of Kobe Steel Wire LLC | May 2026","jir_og_description":"Kobe Steel, Ltd. is proceeding with the complete subsidiaryification of Kobe Steel Wire LLC, scheduled to become effective in September 2026. The delisting is planned for August 28.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7654,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-46337","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n