Through a share transfer, NKK and Kawasaki Steel jointly established JFE Holdings as a wholly owned parent company, the common stock of which was then listed on the First Sections of the Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock Exchange (the shares of the two preceding companies were delisted).
Approved split agreement between the two preceding companies
Reorganized the two preceding companies into JFE Steel, JFE Engineering, JFE Urban Development and JFE R&D, and Kawasaki Microelectronics, Inc. became a wholly owned subsidiary of JFE Holdings
Established Universal Shipbuilding Corporation as a subsidiary through acquisition of shares owned by Hitachi Zosen Corporation and JFE Engineering
Transferred engineering research functions of JFE R&D to JFE Engineering, and also integrated JFE R&D into JFE Steel
Merged JFE Steel with JFE Urban Development to take over the latter's business of managing real property holdings.
Transferred all shares issued by Kawasaki Microelectronics to MegaChips Corporation.
Established JFE Shoji as a wholly owned subsidiary through a share exchange
Universal Shipbuilding Corporation was integrated with IHI Marine United Inc. and renamed Japan Marine United Corporation (now an equity-method affiliate)
Delisted from Nagoya Stock Exchange
Shifted from Tokyo Stock Exchange's First Section to Prime Market due to a revision of market classifications
Changed "JFE" acronym in trade name from Japanese (katakana) to English (alphabetic) spelling
