Renault S.A.E. holds a 35.87% voting rights position as Nissan’s largest shareholder. Mutual shareholding lock-up and stance agreements are set within 15% and revised to 10% frameworks. Emphasizing independence, both parties have mutual director nomination rights. No transactions with major shareholders are involved.<\/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":"7201","jir_company_name":"Nissan Motor Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/7201-20260629-01.pdf","jir_short_summary":"Renault S.A.E. holds a 35.87% voting rights position as Nissan's largest shareholder. Mutual shareholding lock-up and stance agreements are set within 15% and revised to 10% frameworks. Emphasizing independence, both parties have mutual director nomination rights. No transactions with major shareholders are involved.","jir_summary":"### Relationship with Major Shareholders and Alliance\nNissan Motor Co., Ltd. positions Renault S.A.E. as a major voting rights shareholder and has established a mutual shareholding framework with the company. A new alliance agreement came into effect in November 2023, with 15% of shares mutually held and each company's voting rights capped at 15%. In March 2025, a contract revision lowered lock-up obligations to 10%, granting both parties the right to reduce mutual shareholding ratios to 10%.\n\n### Independence and Board of Directors\nNissan's Board of Directors is composed of a majority of independent outside directors, with the Chair also being an independent outside director, minimizing conflicts of interest with general shareholders. Renault S.A.E. has the right to recommend two directors to Nissan's Board, and Nissan also can recommend two directors. While a controlling relationship exists, the structure emphasizes maintaining independence.","jir_financial_highlights":"Voting Rights Ownership Ratio: 35.87% (Direct holdings 17.12%, indirect holdings 18.75% combined)","jir_category":"","jir_hashtags":"#NissanMotor, #IR, #JapanStocks","jir_key_figures":"Voting Rights Ownership Ratio: 35.87% (Direct 17.12%, Indirect 18.75%)\nLock-up Obligation: Revised from 15% to 10%\nDirector Nomination Rights: Both parties can recommend 2 directors","jir_meta_title":"\u3010Nissan Motor\u3011Disclosure of Alliance and Shareholding with Major Shareholders\uff5cJune 2026","jir_meta_description":"Nissan Motor announces its relationship with major shareholders, including Renault S.A.E., and the mutual shareholding lock-up and revised agreements. It explains the independent Board of Directors and mutual nomination rights in detail.","jir_og_title":"Nissan Motor, Alliance Disclosure with Renault S.A.E.","jir_og_description":"News about Nissan updating its shareholding and alliance agreement with Renault S.A.E. The company emphasizes an independent Board of Directors structure.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7438,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-72704","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n