TOKYO--( BUSINESS WIRE )-- Strategic Capital, Inc. (hereinafter referred to as "SC") is under a discretionary investment contract with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter referred to as the "Fund") and the Fund and SC (hereinafter referred to as the "Proposing Shareholder") hold over 300 units of voting right of Nippon Steel Corp. (hereinafter referred to as "Nippon Steel" or the "Company" as the context requires) over 6 months. The Proposing Shareholder is pleased to announce its execution of the shareholders' right to make a proposal at the annual shareholder meeting held in the coming June. The Company has set global crude steel production capacity of 100 million tons and consolidated business profit of JPY 1 trillion as its key indicators ("key indicators") and is currently aiming to acquire U.S. Steel.