{"id":21027,"date":"2026-01-27T15:54:22","date_gmt":"2026-01-27T06:54:22","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6770-20260127-01_wp_m_and_a_alliance\/"},"modified":"2026-01-27T15:54:22","modified_gmt":"2026-01-27T06:54:22","slug":"6770-20260127-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6770\/ir\/6770-20260127-01_wp_m_and_a_alliance\/","title":{"rendered":"Notice of Termination of Capital and Business Alliance and Transition to Business Alliance"},"content":{"rendered":"<p>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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6770","jir_company_name":"Alps Alpine Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/6770-20260127-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Termination of Capital and Business Alliance\nAt 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.\n\n### Future Relationship and Impact\nAfter 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\u2019s revenue for the fiscal year ending March 2025 was JPY 316,397 million, with operating income of JPY 9,584 million.","jir_financial_highlights":"Number of Shares Held (NSK): 3,000,000 shares (Scheduled to be gradually sold on the market following termination of capital alliance)\nNSK\u2019s Shares Held in Alps Alpine: 2,600,000 shares (1.29% of total outstanding shares (as of September 30, 2025))\nNSK\u2019s Revenue for Fiscal Year Ending March 2025: JPY 316,397 million (YoY +1.28% (JPY 312,355 million \u2192 JPY 316,397 million))","jir_category":"","jir_hashtags":"#AlpsAlpineCoLtd, #TerminationOfCapitalAndBusinessAlliance, #JapaneseStocks","jir_key_figures":"Number of Shares Held (NSK): 3,000,000 shares (held by Alps Alpine)\nNSK\u2019s Shares Held in Alps Alpine: 2,600,000 shares (1.29%)\nNSK\u2019s Revenue for Fiscal Year Ending March 2025: JPY 316,397 million","jir_meta_title":"Alps Alpine Terminates Capital and Business Alliance with NSK, Continues Business Alliance","jir_meta_description":"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 as the companies aim to enhance corporate value.","jir_og_title":"Alps Alpine Terminates Capital Alliance and Transitions to Business Alliance","jir_og_description":"Alps Alpine terminates the capital and business alliance with NSK while continuing the business alliance. Plans to sell 3,000,000 shares held on the market.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7988,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-21027","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Termination of Capital and Business Alliance and Transition to Business Alliance - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-6770\/ir\/6770-20260127-01_wp_m_and_a_alliance\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-6770\/ir\/6770-20260127-01_wp_m_and_a_alliance\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6770\/ir\/6770-20260127-01_wp_m_and_a_alliance\/\",\"name\":\"Notice of Termination of Capital and Business Alliance and Transition to Business Alliance - 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