JFE Holdings fiscal-year net income falls

3 articles · Updated · MarketWatch · May 8

The Japanese steelmaker posted net profit of Y70.17 billion for the year, down from Y91.87 billion a year earlier.
The latest results indicate a year-on-year earnings decline at one of Japan's major steel producers.
No further details on revenue, outlook or drivers behind the profit drop were provided in the report.

With profits falling, can JFE's trillion-yen green bet successfully outmaneuver its aggressive global rivals?

Is JFE's massive India expansion a strategic masterstroke to challenge China's dominance in Asian steel?