TOKYO (Reuters) - Nippon Steel & Sumitomo Metal Corp (T:5401) said on Wednesday that its joint venture in South Korea had received notice from a court there that some of the venture's assets would be seized.
A South Korean court on Tuesday approved a request by plaintiffs in a wartime forced labor case to seize part of the Japanese company's local assets, Yonhap News reported.
The Japanese government said earlier on Wednesday that it would seek talks with South Korea about the issue.