Nippon Seiki Co., Ltd.

2026/09/28 11:02 Updated
Market Cap: $1.0B (¥162.5B)
Stock Price: $17.95 (¥2,827)
Exchange Rate: 1 USD = ¥157.48

Notice regarding partial transfer of business by consolidated subsidiaries

Transfer of the in-vehicle software development business of NS Europe, a consolidated subsidiary, to FPT Poland. After the transfer, technological resources will continue to be utilized to respond to changes in the automotive industry. Disclosure matters are deemed minor and impact on results is expected to be small.

Importance:
Page Updated: September 22, 2026
IR Disclosure Date: September 2, 2026

Key Figures

  • Number of transferees: approximately 50 people
  • Date of transfer execution: 2026-10-02 (scheduled)
  • Date of contract signing: 2026-09-01

AI要約

Overview of the business transfer

The in-vehicle embedded software development business operated by NS Europe in Gdansk, Poland will be transferred to FPT Poland. The transfer aims to optimize management resources and improve business operations as part of a strategic selection and concentration aligned with the mid-term management plan. After the transfer, technologies and personnel from Japan, Vietnam, and Europe will be leveraged to create new value that responds to changes in the automotive industry.

Outlook and impact

The impact on performance is expected to be minor, and we will promptly disclose if material matters arise. The transferee is FPT Poland; while capital and transactional relationships appear limited on the surface, future transactions such as software development outsourcing with the company are planned.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nippon Seiki Co., Ltd.

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