Daido Steel Co. Ltd, founded in 1916 and headquartered in Nagoya, Japan, specializes in the production of steel and metal products for various industrial applications. The company is known for its high-quality steel materials, particularly those used in the automotive and construction industries.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DAIDST 0.24% 2026-07-17 JPYDaido Steel Co. Ltd | Japan | 2026-07-17 | 0.240 | 1.01 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Daido Steel began issuing corporate bonds in 2001, with significant issuances aimed at expanding its production capabilities and enhancing research and development initiatives. Notably, in 2020, they issued 10-year bonds to finance a new steel plant, which were well-received by the market, reflecting a yield competitive with industry benchmarks. The latest bond offerings have included green bonds as part of their commitment to sustainable practices, with recent yields around 1.5%, positioning them favorably in the current low-interest-rate environment.