Our Domestic Subsidiary Will Merge with a Temporary Seating Manufacturer

Jan 10, 2024

Nippon Steel Trading Corporation (head office: Chuo-ku, Tokyo; President: Shinichi Nakamura; hereinafter “NST”) hereby announces that one of its subsidiaries, NS Kenzai Hanbai Co., Ltd. (head office: Koto-ku, Tokyo; President: Shinichiro Kato; hereinafter “NS Kenzai Hanbai”), will merge with SK Co., Ltd. (head office: Chiyoda-ku, Tokyo; President: Hiroyuki Muto; hereinafter “SK”), a 100% subsidiary of Nippon Steel Metal Products Co., Ltd.


NS Kenzai Hanbai, which has strengths in the sale, processing, and manufacturing of building materials, will absorb SK, a company that offers event and other temporary seating solutions. Their merger will facilitate the optimization and improvement of their individual building capacities, allowing them to provide better service to customers, reinforce and expand sales platforms, and strengthen safety and compliance measures, in a step toward achieving greater customer satisfaction.

2.Overview of the merger

This is an absorption-type merger in which NS Kenzai Hanbai will be the surviving company and SK will be the absorbed company.

3.Overview of the companies (as of January 2024)

Surviving companyAbsorbed company
Company name NS Kenzai Hanbai Co., Ltd. SK Co., Ltd.
Location of head office Koto-ku, Tokyo Chiyoda-ku, Tokyo
Name of representative Shinichiro Kato Hiroyuki Muto
Businesses Sale and manufacturing of building and civil engineering materials and other products Design, manufacturing, sale, and lease of temporary seating and other systems
Capital 50 million yen 40 million yen
Foundation June 1989 February 1997
Ownership Nippon Steel Trading Corporation: 58.63%
Nippon Steel Metal Products Co., Ltd.: 41.37%
Nippon Steel Metal Products Co., Ltd.: 100%
Business bases Head office and branch offices in Kansai, Tohoku, Tama, Chugoku, Kyushu, Urayasu, Iruma, Kitakanto, Kumagaya, Gunma, Hamamatsu, Tochigi and Chubu Head office

4.Date of merger

April 1, 2024 (scheduled)

* Inquiries regarding this release:

 Corporate Communications Section

 General Affairs & Corporate Communications Department


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