JFE Hld. to Record JPY 220B Impairment Loss on Steel Assets

摘要

JFE Holdings, Inc. announced on 27 March that it was likely to record an impairment loss on business assets regarding its subsidiary JFE Steel for the fiscal year ending March 2020. The amount of the impairment loss is about JPY 220 billion in total (JPY 130 billion for Chiba district operations and JPY 90 billion yen for Keihin district operations). In its release,