Nobuyoshi Fujiwara
Nobuyoshi Fujiwara
alliance bid damaged decided emerging event hostile interests quite strengthen three
The three firms' alliance has been quite fruitful... We've decided to strengthen the partnership so that our interests will not be damaged in the event of a hostile bid emerging for one of us.
balance business continues demand product supply
The supply and demand balance in the high-grade product business continues to be tight.
means relax
We've made a big step, but I don't think this means we can relax our guard.
complete efforts extend inventory latest originally quarter steel
We had originally aimed to complete the latest inventory adjustments for common-grade steel by the end of March, but we now think we need to extend de-stocking efforts in the first quarter (to June).