TOKYO, Jun 24 (Pulse News Wire) – H-one CO.,LTD. (5989.T) disclosed significant shareholding information related to Honda Motor Co., Ltd., a major shareholder and associated company.
As of March 31, 2026, Honda Motor Co., Ltd. holds 21.35% of H-One's shares through direct ownership, making it the dominant shareholder. In operational dealings, H-One maintains continuous and favorable relationships with Honda Motor Co., Ltd. and its group companies, while also actively pursuing sales expansion beyond these entities.
Financial transactions with Honda Motor Co., Ltd. are conducted based on economic rationality and production technology considerations, ensuring fair pricing comparable to general trade conditions. For the fiscal year ending March 31, 2026, H-One reported substantial trading activities with Honda Motor Co., Ltd., including the sale of automotive parts, two-wheeler components, and other products amounting to ¥34.66 billion. Additionally, there was a balance of ¥3.460 billion in accounts receivable and ¥11.48 billion in accounts payable related to raw materials purchases totaling ¥2.611 billion.
Transaction conditions are determined through price negotiations considering market prices and H-One’s production capabilities, ensuring transparency and fairness in all dealings.
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