I love science stories from Japan! Nothing actually comes from there, since it all gets Lost in Translation. Now, we have an iron alloy, which has a high 'stress' level, more than titanium. Of course, if anybody had actually looked at this, they would realize it means higher 'stiffness' than titanium, or a higher strength, but who knows?
All I know is that the whole thing will get gobbled up in that unique world of poor English, and expensive licences, and we'll never hear of it again. The alloy is probably more expensive than gold, so we won't count on it showing up in Haiti anytime soon. :)