Credit Rating / Corporate Bonds

1. Credit Rating

Dec., 2023

Issuer Long Term Short Term Rating Outlook
Rating and Investment
Information, Inc.
A+ a-1 Positive
Japan Credit Rating
Agency, Ltd.
AA J-1+ Stable

2. Corporate Bonds

・Not applicable

(Note) Based on the company split agreement* (absorption-type split) concluded with Nippon Steel Corporation, our parent company, dated on March 27, 2024, Nippon Steel Trading Corporation succeeded the debt of the 2nd to 4th and 6th corporate bonds issued by the Company to Nippon Steel Corporation on May 8, 2024.