Capital and Business Alliance with Nissan Motor Co., Ltd.
First written in FY2016. 2 of 6 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-06-29.
0 other companies' latest entry also says "Restated".
- 2026-06-29RestatedGovernance
「Nissan Motor Co., Ltd. and the company entered into a capital and business alliance agreement dated 25 May 2016, under which they collaborate in areas including OEM production of each other’s vehicles and parts, reciprocal manufacturing of products, and research and development involving existing, new, and advanced technologies.」
The current relationship was reaffirmed, including Nissan Motor Co., Ltd.’s 26.68% voting interest and the collaborative relationship based on the capital and business alliance. - FY2025ReframedAnnual report
「Under this amendment agreement, the Company and NISSAN MOTOR CO.,LTD. agreed that, if the Strategic Alliance Agreement ends and subject to certain conditions, (1) the Company may demand that NISSAN MOTOR CO.,LTD. sell all of the Company's shares it holds to the Company, and (2) NISSAN MOTOR CO.,LTD. may demand that the Company purchase all of the Company's shares it holds.」
Under the amendment agreement dated 7 November 2024 concerning the capital and business alliance with NISSAN MOTOR CO.,LTD., a mechanism was added to allow the shareholding relationship to be unwound when the Strategic Alliance Agreement ends. - FY2017RestatedAnnual report
「May 2016: Entered into a Strategic Alliance Agreement concerning a capital and business alliance with NISSAN MOTOR CO.,LTD. (in October 2016, NISSAN MOTOR CO.,LTD. acquired 34% of the Company's shares)」
The capital and business alliance involving NISSAN MOTOR CO.,LTD.'s acquisition of 34% has been confirmed as the current relationship in the Company's corporate history and information on affiliated companies. - FY2017-Q2AdvancedAnnual report
「Under the Strategic Alliance Agreement, on 20 October 2016, 506,620,577 new shares were issued through the Third-Party Allotment, and NISSAN MOTOR CO.,LTD. paid the total issue price of ¥237.3 billion. As a result, the voting rights ratio represented by the Company's common shares held by NISSAN MOTOR CO.,LTD. became 34%.」
The Third-Party Allotment was completed, ¥237.3 billion was paid in, and NISSAN MOTOR CO.,LTD. acquired 34% of the voting rights, moving the capital alliance from the contractual and planned stage to implementation. The pursuit of business synergies remains ongoing. - FY2017-Q1AdvancedAnnual report
「On 12 May 2016, the Company entered into a Basic Agreement with NISSAN MOTOR CO.,LTD. regarding discussions and consideration toward realizing a capital and business alliance, and decided to issue new shares to NISSAN MOTOR CO.,LTD. through a third-party allotment. The third-party allotment is referred to below as the "Third-Party Allotment." On 25 May 2016, based on the Basic Agreement, the Company entered into a Strategic Alliance Agreement with NISSAN MOTOR CO.,LTD. The terms of the Third-Party Allotment by the Company and its subscription by NISSAN MOTOR CO.,LTD. are governed by the Strategic Alliance Agreement. The planned number of shares to be issued in the Third-Party Allotment is 506,620,577, and the total issue price is ¥237.3 billion. If the Third-Party Allotment is completed, the voting rights ratio represented by the Company's common shares to be held by NISSAN MOTOR CO.,LTD. will be 34% of the Company's total voting rights.」
The Basic Agreement and Strategic Alliance Agreement had been signed, and the number of shares, total issue amount and voting rights ratio of NISSAN MOTOR CO.,LTD. under the Third-Party Allotment had been specified. However, the Third-Party Allotment itself had not yet been completed. - FY2016First statedAnnual report
「The Company decided to issue new shares to NISSAN MOTOR CO.,LTD. through a third-party allotment. Under this third-party allotment, NISSAN MOTOR CO.,LTD. plans to acquire 34% of the Company's issued shares for ¥237.0 billion once the prescribed conditions are met.」
The plan called for a 34% capital participation through a third-party allotment, the basic agreement and alliance agreement to be concluded in May 2016, and payment to be made around October of the same year.