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Ntn (6472) · InitiativeFirst stated

Wholly owning the European constant-velocity joint business

First written in FY2017. . Latest entry: FY2017.

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Integration of the European constant-velocity joint business through the full acquisition of NTN AntriebstechnikA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2017First statedAnnual report

    「The additional shares acquired represented 25% of the voting rights, and through the transaction NTN Antriebstechnik G.m.b.H. became a wholly owned subsidiary of the company. The additional acquisition was undertaken to further strengthen management of the consolidated group and expand the company's constant-velocity joint business in Europe.」

    NTN Antriebstechnik G.m.b.H. became a wholly owned subsidiary through the additional acquisition of shares on 31 March 2017.
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