Nissan Motor Co., Ltd.
Nissan Motor Announces Matters Related to Alliance with Renault S.A.E. and Major Shareholders
Renault S.A.E. holds a 35.87% voting rights position as Nissan's largest shareholder. Mutual shareholding lock-up and stance agreements are set within 15% and revised to 10% frameworks. Emphasizing independence, both parties have mutual director nomination rights. No transactions with major shareholders are involved.
Key Figures
- Voting Rights Ownership Ratio: 35.87% (Direct 17.12%, Indirect 18.75%)
- Lock-up Obligation: Revised from 15% to 10%
- Director Nomination Rights: Both parties can recommend 2 directors
AI要約
Relationship with Major Shareholders and Alliance
Nissan Motor Co., Ltd. positions Renault S.A.E. as a major voting rights shareholder and has established a mutual shareholding framework with the company. A new alliance agreement came into effect in November 2023, with 15% of shares mutually held and each company's voting rights capped at 15%. In March 2025, a contract revision lowered lock-up obligations to 10%, granting both parties the right to reduce mutual shareholding ratios to 10%.
Independence and Board of Directors
Nissan's Board of Directors is composed of a majority of independent outside directors, with the Chair also being an independent outside director, minimizing conflicts of interest with general shareholders. Renault S.A.E. has the right to recommend two directors to Nissan's Board, and Nissan also can recommend two directors. While a controlling relationship exists, the structure emphasizes maintaining independence.
Nissan Motor Co., Ltd.
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