Brief: JFE Holdings - Targets Consolidated Business Profit Of 700 Billion Yen By FY2035
08/05/2025 06:11
May 8 (Reuters) - JFE Holdings Inc 5411.T: TARGETS CONSOLIDATED BUSINESS PROFIT OF 700 BILLION YEN BY FY2035 EXPECT STEEL BUSINESS ENVIRONMENT TO REMAIN CHALLENGING DUE TO DECLINING DEMAND IN JAPAN, CHINA'S INCREASING EXPORTS WE WILL FURTHER INCREASE OUR INVOLVEMENT WITH OVERSEAS MARKETS THROUGH STRATEGIC LOCAL PARTNERSHIPS WITH TOP-TIER COMPANIES IN OUR MEDIUM-TERM PLAN, WE HAVE SET ASIDE 400 BILLION YEN FOR INVESTMENT IN GROWTH OVERSEAS Further company coverage: 5411.T