Worth reading
39Recurring
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Neutral
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Definitive
How definitive the wording is.Agreements reached under this partnership
Joint venture7267HONDA MOTOR CO.,LTD.
Alliance partnerGuangzhou Automobile Group Co., Ltd.
Capital and personnel relationships
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
Ownership ratioGuangzhou Automobile Group Co., Ltd. 50%, HONDA MOTOR CO.,LTD. 40%, Honda Motor (China) Investment Co., Ltd. 10%
Overview of the joint ventureName 広汽本田汽車有限公司 / Location Guangzhou, Guangdong Province, China / Business Description Joint venture company producing and selling four-wheelers in China / Capital Contributions US$867,215,960 / Ownership ratio Guangzhou Automobile Group Co., Ltd. 50%, HONDA MOTOR CO.,LTD. 40%, Honda Motor (China) Investment Co., Ltd. 10%
About the partner
Business DescriptionJoint venture partner for four-wheeler production and sales in China
LocationGuangzhou, Guangdong Province, China
Impact on Business Performance
The impact of this transaction on the Company's consolidated results for the fiscal year ending March 2027 is minor.
Contract Date20 July 2026Contract PeriodContinues through 2038
| Item | Details |
|---|---|
| Name of alliance partner | Guangzhou Automobile Group Co., Ltd. |
| Alliance partner's business activities | Joint venture partner for four-wheeler production and sales in China |
| Alliance partner's location | Guangzhou, Guangdong Province, China |
| Type of alliance | Joint venture |
| Overview of the joint venture | Name 広汽本田汽車有限公司 / Location Guangzhou, Guangdong Province, China / Business Description Joint venture company producing and selling four-wheelers in China / Capital Contributions US$867,215,960 / Ownership ratio Guangzhou Automobile Group Co., Ltd. 50%, HONDA MOTOR CO.,LTD. 40%, Honda Motor (China) Investment Co., Ltd. 10% |
| Ownership ratio | Guangzhou Automobile Group Co., Ltd. 50%, HONDA MOTOR CO.,LTD. 40%, Honda Motor (China) Investment Co., Ltd. 10% |
| Contract Period | Continues through 2038 |
| Contract Date | 20 July 2026 |
| Impact on Business Performance | The impact of this transaction on the Company's consolidated results for the fiscal year ending March 2027 is minor. |
Items this document does not state (14)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioDispatch of directors and officersNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders
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.As competition in China's four-wheeler market intensifies with advances in electrification and intelligent vehicle technologies, the companies aim to continue providing products that meet diverse customer needs by leveraging their respective technologies and resources, and further strengthen their four-wheeler business in China.
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