{"id":7304,"date":"2025-12-16T20:30:30","date_gmt":"2025-12-16T11:30:30","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7267-20251216-01_wp_m_and_a_alliance\/"},"modified":"2025-12-16T20:30:58","modified_gmt":"2025-12-16T11:30:58","slug":"7267-20251216-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/","title":{"rendered":"Notice Regarding Change in Equity-Method Affiliate (Subsidiarization)"},"content":{"rendered":"<p>Honda Motor Co., Ltd. has decided to additionally acquire approximately 21% of the shares of Astemo Co., Ltd. from Hitachi, Ltd., thereby making it a consolidated subsidiary.<\/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 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Ltd.","jir_importance":"\u26054","jir_publication_date":"2025-12-16","jir_source_link":"[Placeholder]","jir_short_summary":"Honda Motor Co., Ltd. has decided to additionally acquire approximately 21% of the shares of Astemo Co., Ltd. from Hitachi, Ltd., thereby making it a consolidated subsidiary.","jir_summary":"### Transaction Overview\nHonda Motor Co., Ltd. has decided to additionally acquire approximately 21% of the shares of its equity-method affiliate, Astemo Co., Ltd., from Hitachi, Ltd., thereby making Astemo a consolidated subsidiary. The number of shares acquired is 223,605, with an acquisition price of 152.3 billion yen. As a result, the number of shares held will total 649,521, representing 61.0% of voting rights. The share transfer is scheduled to be executed during the first quarter of the fiscal year ending March 2027, though this may change depending on procedures with competition law authorities and other factors.\n\n### Purpose and Background of the Transaction\nAstemo possesses high software development capabilities and is promoting the establishment of a rapid development structure for AI and software essential in the era of Software Defined Vehicles (SDV). Honda Motor aims to accelerate the enhancement of SDV development capabilities and cost competitiveness by leading Astemo\u2019s transformation as the parent company, targeting growth as a global mega supplier. Through this, Honda supports Astemo\u2019s growth as a key partner for future SDV development and cost competitiveness improvements.","jir_financial_highlights":"Transaction Value: 152.3 billion yen (Unknown)","jir_category":"M&A\/Alliance,Strategy\/Investment","jir_hashtags":"#HondaMotorCoLtd,#AstemoCoLtd,#M&A,#JapanStocks","jir_key_figures":"Transaction Type: Additional Share Acquisition (Subsidiarization)\nTarget Company: Astemo Co., Ltd.\nTransaction Value: 152.3 billion yen\nExpected Completion Date: During the first quarter of the fiscal year ending March 2027\nAnticipated Synergies: Enhancement of SDV development capabilities and cost competitiveness","jir_meta_title":"Honda Motor Decides to Acquire Additional 21% Shares in Astemo and Make it a Consolidated Subsidiary","jir_meta_description":"Honda Motor Co., Ltd. will acquire an additional 21% stake in Astemo Co., Ltd. from Hitachi, Ltd., making it a consolidated subsidiary. This strategic M&A aims to strengthen SDV development capabilities.","jir_og_title":"Honda Motor Decides to Acquire Additional 21% Shares in Astemo and Make it a Consolidated Subsidiary","jir_og_description":"Honda Motor Co., Ltd. announced acquisition of an additional 21% stake in Astemo Co., Ltd. from Hitachi, Ltd., making Astemo a consolidated subsidiary. A move to strengthen technology for the SDV era.","jir_og_image_url":"\/assets\/og\/company-m-a-alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":6850,"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-7304","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 Regarding Change in Equity-Method Affiliate (Subsidiarization) - 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-7267\/ir\/7267-20251216-01_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-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/\",\"name\":\"Notice Regarding Change in Equity-Method Affiliate (Subsidiarization) - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2025-12-16T11:30:30+00:00\",\"dateModified\":\"2025-12-16T11:30:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Change in Equity-Method Affiliate (Subsidiarization)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Change in Equity-Method Affiliate (Subsidiarization) - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/","url":"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/","name":"Notice Regarding Change in Equity-Method Affiliate (Subsidiarization) - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2025-12-16T11:30:30+00:00","dateModified":"2025-12-16T11:30:58+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-7267\/ir\/7267-20251216-01_wp_m_and_a_alliance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Change in Equity-Method Affiliate (Subsidiarization)"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"6850","title":"Honda Motor Co. 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