Nippon Steel has completed its tender offer for Sanyo Special Steel, acquiring 92.16% of its shares. The process, which began on February 3, aims to integrate and optimize Sanyo Special Steel's special steel bar and wire business by making it a wholly-owned subsidiary. 

Nippon Steel purchased approximately 21.35 million shares at 2,750 yen per share, totaling over 58.7 billion yen. The share price matches the January 31 disclosure.

Additionally, Osaka Steel, a Nippon Steel subsidiary, repurchased 9 million of its own shares at 2,450 yen per share on March 17, following a one-month tender offer period.