イクヨ shares fell for a fourth straight day as the company announced that it had signed a memorandum of understanding with a Chinese automotive company covering investment in and joint development of automotive-related businesses. Discussions are expected to cover entry into automotive-related businesses and EV-related operations, with the company’s future initiatives drawing attention.
Following a fourth straight decline in its shares, イクヨ announced that it had signed a memorandum of understanding with China’s Jiangsu Skywell Automobile concerning investment in and joint development of automotive-related businesses.
Based on the memorandum, the two companies will consider and discuss entering and jointly investing in automobile manufacturing, development and sales operations, EV bus operations, the use of large-capacity storage batteries in the commercial EV sector, and autonomous driving technology, as well as arrangements toward a final agreement.
It was also noted that the positive impact on the share price is likely to be limited.
The focus may be on whether the announcement leads to a formal agreement and specific investment 규모 in the future.