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Mitsubishi Electric (6503) · InitiativeFirst stated

Mitsubishi Electric Mobility’s 50% capital alliance with Hon Hai Precision Industry

First written in FY2027-H1. . Latest entry: FY2027-H1.

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Joint operation of Mitsubishi Electric Mobility with Hon Hai Precision Industry and the EV platform businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2027-H1First statedAnnual report

    「The Company decided to carry out a transaction including the transfer of 50% of the issued shares of Mitsubishi Electric Mobility to Lin Yin International Investment Co., Ltd., an investment management company of Hon Hai Precision Industry Co., Ltd., and entered into a share transfer agreement with Lin Yin.」

    The Company entered into an agreement to transfer 50% of the shares of Mitsubishi Electric Mobility and change from the current structure to joint operation with Hon Hai Precision Industry. The transfer price is expected to be ¥115 billion, and completion is scheduled for October 2027. The parties aim to provide an EV platform combining electric powertrains and software and control technologies with Hon Hai's market-expansion capabilities.
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Mitsubishi Electric's next results are scheduled for 2026-10-30. Read the earnings preview
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