Nippon Steel wins approval to acquire US Steel, backed by Trump’s reversal. A ¥4 trillion investment aims to boost U.S. manufacturing and counter China’s steel dominance.
Mitsubishi Fuso and Hino Motors are nearing a long-delayed merger, aiming to defend market share in Southeast Asia against rising Chinese competition.
Nidec cancels its bid for Makino after court rejects injunction, citing economic concerns.
The Japan Die & Mold Industry Association released a survey revealing that over 50% of its members expect a negative impact from Nidec’s takeover bid for Makino Milling.
