Source disclosure: January 27, 2026
ALPS ALPINE CO.,LTD. [6770.T]
TOKYO, Jan 27 (Pulse News Wire) – Alps Alpine CO.,LTD. (6770.T) resolved at its board meeting held on January 27 to dissolve its capital tie-up with Nippon Seiki Co., Ltd.
While continuing their business alliance. The decision follows extensive discussions highlighting the growing importance of reducing policy shareholdings in corporate governance. ALPS Alpine plans to gradually sell off its shares in Nippon Seiki on the market, which currently stands at 3,000,000 shares. As of September 30, 2025, Nippon Seiki holds 2,600,000 shares of ALPS Alpine's common stock, representing 1.29% percent of the total outstanding shares excluding treasury shares. Both companies intend to maintain a strong relationship and continue collaborative efforts aimed at enhancing corporate value. Nippon Seiki, headquartered in Niigata, Nagaoka Shi Higashi Zaou Ni Choume, engages in manufacturing and selling automotive instruments, OA and information equipment operation panels, air conditioning controllers, high-density printed circuit boards EMS, among others.
Key shareholders of Nippon Seiki as of September 30, 2025, include Honda Motor Co., Ltd. with a holding ratio of 6.54% percent, followed by JP Morgan Chase Bank with 4.52% percent, Mitsubishi UFJ Trust and Banking Corp. with 3.10% percent, and Yamaha Motor Co., Ltd. with 2.12% percent. Recent financial highlights for Nippon Seiki show a net asset value of 206,375 million yen, 229,054 million yen, and 220,230 million yen for fiscal years ending March 2023, 2024, and 2025 respectively. Revenue increased from 275,776 million yen in FY2023 to 316,397 million yen in FY2025, with earnings per share rising from ¥21.65 to ¥104.88 during the same period.
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