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The latest announcement is out from Japan Steel Works ( (JP:5631) ).
The Japan Steel Works has approved an absorption-type merger of its wholly owned subsidiary Japan Steel Works M&E, Inc., effective April 1, 2026, with JSW as the surviving entity and no new shares or consideration to be issued. This move follows a 2020 reorganization that had already improved profitability at the Materials and Engineering Products Business and is aimed at sustaining that growth by integrating operations to better allocate management resources, strengthen corporate governance, and respond faster to rising global demand for electricity, low‑carbon power generation materials, and EV-related products. The merger is also designed to accelerate group synergies, including expanding defense-related equipment production by leveraging M&E’s Muroran Plant, boosting in-house production capability, and concentrating technology development for GaN crystals to hasten their commercialization, thereby reinforcing JSW’s competitive position in both defense and advanced materials markets.
The most recent analyst rating on (JP:5631) stock is a Hold with a Yen10100.00 price target. To see the full list of analyst forecasts on Japan Steel Works stock, see the JP:5631 Stock Forecast page.
More about Japan Steel Works
The Japan Steel Works, Ltd. is a Japanese industrial manufacturer operating its Materials and Engineering Products Business and Industrial Machinery Business, with key production bases including the Muroran and Hiroshima plants. The group produces steel and metal products for energy, nuclear and thermal power applications, as well as defense-related equipment such as artillery and armored vehicles, and is also involved in advanced materials like gallium nitride (GaN) crystals for power semiconductors, positioning itself to serve rising demand from electrification, digitalization, and defense spending.
YTD Price Performance: 23.64%
Average Trading Volume: 1,034,001
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen698.9B
For a thorough assessment of 5631 stock, go to TipRanks’ Stock Analysis page.