This transaction
Transfer of the European Automotive BusinessManufacture and sale of automotive components primarily for European customers
Although an upside effect on profits in Europe is expected, the full-year consolidated earnings forecast has not been changed because uncertain factors, including market conditions, remain.
| Item | Details |
|---|---|
| Transaction name | Transfer of the European Automotive Business |
| Business Description of the Subject Company | Manufacture and sale of automotive components primarily for European customers |
| Impact on Business Performance | Although an upside effect on profits in Europe is expected, the full-year consolidated earnings forecast has not been changed because uncertain factors, including market conditions, remain. |
| Contract Date | 27 May 2026 |
| Execution Date / Effective Date | 31 July 2026 (local time; completion of the transfer today) |
Items this document does not state (27)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The transfer was completed earlier than initially scheduled, before the end of August 2026. The full-year consolidated earnings forecast has not been changed because uncertain factors, including market conditions, remain.