Alps Alpine Co., Ltd.
Notice of Termination of Capital and Business Alliance and Transition to Business Alliance
Alps Alpine Co., Ltd. will terminate its capital and business alliance with NSK Ltd. effective January 28, 2026, and plans to gradually sell 3,000,000 shares held in NSK on the market. The business alliance will continue.
Key Figures
- Number of Shares Held (NSK): 3,000,000 shares (held by Alps Alpine)
- NSK’s Shares Held in Alps Alpine: 2,600,000 shares (1.29%)
- NSK’s Revenue for Fiscal Year Ending March 2025: JPY 316,397 million
AI要約
Overview of Termination of Capital and Business Alliance
At the board meeting held on January 27, 2026, Alps Alpine Co., Ltd. resolved to terminate the capital and business alliance with NSK Ltd. while continuing the business alliance. The termination reflects the increasing importance of reducing policy shareholdings from a corporate governance perspective. Both companies concluded through discussions that the business alliance can be maintained effectively even after the capital alliance termination. Alps Alpine plans to gradually sell the 3,000,000 shares it holds in NSK on the market.
Future Relationship and Impact
After terminating the capital alliance, both companies will continue their business alliance, maintaining a constructive relationship and collaborating to enhance corporate value. NSK holds 2,600,000 ordinary shares of Alps Alpine, accounting for 1.29% of total outstanding shares, and plans market sales in the future. Both companies maintain stable performance; NSK’s revenue for the fiscal year ending March 2025 was JPY 316,397 million, with operating income of JPY 9,584 million.
