TOKYO, May 12 (Pulse News Wire) – MINEBEA MITSUMI Inc. (6479.T) resolved to enter into a contract aimed at acquiring Panasonic Industry’s automotive motor and cooling fan motor businesses.
The acquisition does not meet the timely disclosure standards set by the Tokyo Stock Exchange but was disclosed voluntarily due to its potential value to investors. The acquired businesses had sales revenue of approximately ¥31.80 billion in the fiscal year ending March 2025. The deal involves Mitsumi receiving shares of a newly established company formed through a spin-off of Panasonic’s operations, while overseas assets will be transferred via alternative methods. Financial details such as asset transfers and transaction prices remain confidential.
This move aligns with Mitsumi’s strategy to enhance its core “Eight Spears” technologies, aiming to strengthen its position in the global automotive sector. By integrating advanced manufacturing techniques and proprietary technologies, Mitsumi seeks to create high-value solutions and bolster its technological presence in the market. Scheduled completion of the acquisition is expected on November 02, 2026, subject to regulatory approvals and permits. The impact on Mitsumi’s consolidated performance for the fiscal year ending March 2027 is anticipated to be minor.
Further developments will be disclosed promptly if significant changes occur.
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