Nippon Steel signs contract to sell former Kure site to Japan Defense Ministry

Reuters2026/08/28 04:58

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Nippon Steel signed a contract to sell the former Setouchi Works Kure Area site to Japan’s Ministry of Defense.
Transaction covers about 1,400,000 square meters in Kure City, Hiroshima Prefecture, including Showa-cho.
Contract date: Aug. 28, 2026; the Kure Area facilities were shut down in September 2023.
Basic terms were agreed in July 2025, clearing the way for the executed sale contract.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nippon Steel Corporation published the original content used to generate this news brief on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nippon Steel signs contract to sell former Kure site to Japan Defense Ministry

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