52 Week Range
As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay
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52 Week Low
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Larsen & Toubro Divests Stake In L&T Kobelco Machinery
Nippon Steel: Fair Trade Commission Approves Its Bid To Make Sanyo Special Steel A Subsidiary On Condition It Transfer Part Of Its Interest To Kobe Steel
Kobe Steel Executive Says Its Data-Tampering Will Reduce Its Annual Profit By 11 Billion Yen, Against Its Earlier Estimate Of 10 Billion Yen
Kobe Steel, Ltd. is a steel manufacturer. The Company operates in seven business segments. The Iron and Steel segment manufactures and sells steel bars, stainless-steel products and titanium products. The Welding segment offers welding materials, welding robots, and conducts welding-related consulting business. The Aluminum and Copper segment offers rolled aluminum products, rolled copper products, aluminum alloy products, magnesium alloy products and others. The Machinery segment manufactures and sells energy, chemical and nuclear power-related equipment, tire and rubber machine, resin equipment and others. The Engineering segment conducts engineering works and provides new transportation systems, disaster prevention products, chemical and food related equipment, among others. The Construction Machinery segment offers hydraulic and mini excavators, among others. The Electricity provides electricity. The Company also operates real estate related business and others.
Iron & Steel
2-2-4, Wakinohama Kaigan-dori, Chuo-ku
President, Representative Director
Executive Vice President, Representative Director
Executive Vice President, Manager of Machinery Business, Representative Director
Executive Vice President, Chief Director of Technology Development, Representative Director
Executive Vice President, Manager of Iron & Steel Business, Representative Director
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Japanese steelmakers JFE Holdings <5411.T> and Kobe Steel <5406.T> cut their annual profit forecasts on Tuesday due to technical glitches at their plants and higher costs of electricity, distribution and subsidiary materials.
Japan's Nikkei share average on Thursday pulled back from the previous day's near two-week highs, as Chinese stocks fell sharply after an escalation in the Sino-U.S. trade war soured sentiment.
Kobe Steel Ltd on Wednesday reported a 55 percent drop in recurring profit for the April to June quarter as glitches at some plants disrupted steel output, but raised its annual sales estimate on stronger Chinese demand for construction machinery.
* TOKYO PROSECUTORS HAVE SUBPOENAED DOCUMENTS FROM KOBE STEEL- NIKKEI, CITING SOURCE
Kobe Steel's new president on Friday said he may seek mergers or alliances outside the company for one or more of its business divisions, as he battles to repair damage from a data fraud scandal that roiled Japanese industry.
Japan's Kobe Steel Ltd <5406.T> on Friday appointed the head of its machinery business as its new president and chief executive, looking outside its major steel division for leadership in the wake of a widespread data fraud scandal.
Kobe Steel Ltd plans to appoint machinery business boss Mitsugu Yamaguchi as president, to replace Hiroya Kawasaki who is resigning over a quality control scandal, the Nikkei reported on Friday.
U.S. consumers have filed a lawsuit against Kobe Steel Ltd and Toyota Motor Corp accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in vehicles.
U.S. consumers have filed a lawsuit against Kobe Steel Ltd and Toyota Motor Corp accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of sub-standard metal components in vehicles.
Kobe Steel Ltd admitted on Tuesday its data fraud has been going on nearly five decades and also revealed new cases of cheating, highlighting the challenges facing the 112-year-old company mired in compliance failures and malfeasance.
* TO ANNOUNCE SUCCESSOR TO KAWASAKI AFTER DECIDING AT BOARD MEETING TO BE HELD SOON
Kobe Steel Ltd said on Tuesday that an external investigation into a data-cheating scandal had found a new case of inappropriate corporate behaviour.
Kobe Steel Ltd said on Tuesday that an external investigation into a data-cheating scandal had found a new case of inappropriate corporate behavior.
Kobe Steel Ltd <5406.T> President and Chief Executive Hiroya Kawasaki will hold a news conference at 3:30 p.m. (0630 GMT) on Tuesday regarding its report on a four-month investigation into its data falsification scandal by external investigators.
Kobe Steel Chief Executive Officer Hiroya Kawasaki will step down in connection with quality control lapses that resulted in substandard materials being supplied to more than 500 companies, the Nikkei newspaper reported on Tuesday.
* Kobe Steel reinstates profit forecast after earlier withdrawal
Toyota Motor Corp said on Wednesday that it had completed an investigation of parts that were supplied by Kobe Steel Ltd with falsified data, and found that they had caused no problems to its vehicles' quality or performance.
A U.S. auto regulator asked 29 carmakers to disclose if the safety of any of their vehicles or engines containing products supplied by Kobe Steel Ltd could be affected by data cheating, according to a letter seen by Reuters.
Shanghai has issued a warning on the safety of metal products manufactured by scandal-hit Japanese firm Kobe Steel Ltd <5406.T> and strengthened scrutiny measures, state-owned Xinhua News Agency reported, citing the city's inspection body.
Japan's Nikkei share average eked out small gains on Friday as gains in banks and commodities trading houses offset weakness in pharmaceuticals, while Kobe Steel stumbled after it said senior executives were aware of its data tampering.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.