Honda Motor Co., Ltd.
Partial change to the notice regarding the change of related parties accounted for under equity method (consolidated subsidiary)
Correction regarding the consolidation of Astemo as a result of changes in the ownership ratio. Implementation timing postponed from the first quarter of the fiscal year ending March 2027 to the end of the third quarter, with a minor impact disclosed.
Key Figures
- Consolidation of Astemo: Execution date postponed (from Q1 to end of Q3 of fiscal year ending March 2027)
- Impact: Minor impact on consolidated results for fiscal year ending March 2027
- Not disclosed: Specific equity ratio change figures are unknown
AI要約
Background and changes
Honda Motor announced plans to change the ownership ratio of its equity-method affiliated companies, including Astemo, to make them consolidated subsidiaries, but given that some permits from the relevant authorities are not yet in place, it announced postponement of the execution date from the previously planned first quarter of the fiscal year ending March 2027 to the end of the third quarter.
Financial impact and future
The impact of the postponement is shown to be minor, and the effect on consolidated results is expected to be limited. The actual timing will be finally determined depending on the completion status of procedures going forward.
Honda Motor Co., Ltd.
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