Today, Mitsubishi Electric Corporation has entered into a share transfer agreement to transfer 50% of the shares of Mitsubishi Electric Mobility to Lin Yin International Investment Co., following a simple absorption-type company split whereby the automotive equipment business will be transferred to Mitsubishi Electric Mobility. The transfer price is 115 billion yen, the enterprise value of the target business is 320 billion yen, and 230 billion yen was agreed as the equity value. Subsequent procedures will proceed subject to domestic and international competition law approvals. A reorganization aimed for the first half of FY2027 and beyond is also planned in connection with this 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/6503-20261016-01.pdf","jir_short_summary":"Today, Mitsubishi Electric Corporation has entered into a share transfer agreement to transfer 50% of the shares of Mitsubishi Electric Mobility to Lin Yin International Investment Co., following a simple absorption-type company split whereby the automotive equipment business will be transferred to Mitsubishi Electric Mobility. The transfer price is 115 billion yen, the enterprise value of the target business is 320 billion yen, and 230 billion yen was agreed as the equity value. Subsequent procedures will proceed subject to domestic and international competition law approvals. A reorganization aimed for the first half of FY2027 and beyond is also planned in connection with this transaction.","jir_summary":"### Overview and Purpose\nThis transaction stems from strategic partnership considerations for joint operation of the automotive equipment business. Through a simple absorption-type company split with Mitsubishi Electric Mobility as the succeeding company, Mitsubishi Electric Mobility will succeed the target business, and Mitsubishi Electric Corporation will enter into a share transfer agreement to transfer 50% of the issued shares to Lin Yin International Investment. The transfer price is expected to be 115 billion yen; the enterprise value of the target business is 320 billion yen, and 230 billion yen was agreed as the equity value. Thereafter, procedures will be carried out on the prescribed schedule, conditional upon approvals under domestic and foreign competition laws.\n\n### Outlook and Impact\nAs a result of this transaction, Mitsubishi Electric Mobility is expected to change from a consolidated subsidiary to an equity-method affiliate from the fiscal year ending March 2028. Mitsubishi Electric Corporation expects to record an impairment loss of approximately 100 billion yen in the consolidated financial results for the fiscal year ending March 2027, and plans to announce its earnings guidance for the fiscal year ending March 2027 on October 30, 2026. In the long term, the company will continue its strategy of deploying Japanese-origin technology and quality into global markets.","jir_financial_highlights":"Transfer Price: 115 billion yen (Unknown)\nShare Transfer Ratio: 50% (Unknown)\nEnterprise Value of Target Business: 320 billion yen (Unknown)","jir_category":"","jir_hashtags":"#MitsubishiElectricCorporation, #CorporateRestructuringCompanySplit","jir_key_figures":"Transfer Price: 115 billion yen\nShare Transfer Ratio: 50%\nEnterprise Value of Target Business: 320 billion yen","jir_meta_title":"Mitsubishi Electric Corporation: Company Split of Automotive Equipment Business and Share Transfer Agreement\uff5cOctober 2026","jir_meta_description":"Mitsubishi Electric Corporation has signed an agreement to transfer 50% of Mitsubishi Electric Mobility to Lin Yin International Investment following a simple absorption-type company split of the automotive equipment business. Transfer price: 115 billion yen; target business value: 320 billion yen. Future schedule will proceed subject to competition law approvals.","jir_og_title":"Mitsubishi Electric Corporation: Company Split of Automotive Equipment Business and Share Transfer Agreement\uff5cOctober 2026","jir_og_description":"Mitsubishi Electric Corporation will split and transfer its automotive equipment business to Mitsubishi Electric Mobility and transfer 50% of shares to Lin Yin. Transfer price: 115 billion yen; target value: 320 billion yen. Approval procedures and schedule to follow.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6855,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132400","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n