One Japanese steel plant according to the Dutch newspaper Algemeen Handelsblad dated 20 September 1933

An item dated Tokyo 19 September referred to a imperial order merging all iron- and steel plants into one large semi official concern called the Japansche maatschappij van ijzer- en staalfabricage. To be founded in next December was this concern supervised by the department of trade and industry which would continuously consult the departments of war and navy.