Source disclosure: January 27, 2026

NIPPON SEIKI CO.,LTD. [7287.T]

TOKYO, Jan 27 (Pulse News Wire) -- NIPPON SEIKI CO., LTD. (7287.T), represented by President and CEO Eiichi Nagano, announced on Friday that its board of directors had resolved to dissolve its capital business alliance with Alps Alpine Co., Ltd., while continuing their operational partnership. The decision was made during a meeting held on January 27, 2026.

The companies entered into a capital and business alliance in January 2021, aiming to enhance competitiveness and customer value through cooperation. However, due to increasing emphasis on reducing policy holding shares under corporate governance policies, both parties have agreed to terminate the capital tie-up without affecting ongoing business collaboration. As part of this agreement, NIPPON SEIKI plans to gradually sell off its 2.6 million shares of Alps Alpine stock in the market. Alps Alpine currently holds 3 million shares of NIPPON SEIKI's common stock, representing 5.21% of the outstanding shares excluding treasury stocks as of December 31, 2025, and has confirmed it will also sell these holdings in the market going forward.

Despite dissolving the capital relationship, the two firms intend to maintain their existing cooperative efforts centered around integrated cockpit products and continue striving for mutual corporate value enhancement. Alps Alpine is headquartered in Tokyo’s Daikū District and operates across three core sectors: component manufacturing, sensor and communication technologies, and mobility solutions. It reported consolidated net assets of ¥415.515 billion, total assets of ¥740.715 billion, and consolidated sales revenue of ¥990.407 billion for the fiscal year ending March 2025. The company's recent performance shows a steady recovery in profitability after a significant loss in the previous fiscal year.

The dissolution of the capital alliance will take effect on January 28, 2026, according to the resolution passed by NIPPON SEIKI's board. The company anticipates minimal impact on its consolidated earnings from this move and commits to promptly disclosing any further developments related to this matter. Alps Alpine's largest shareholder as of September 30, 2025, remains Japan Master Trust Bank (Trust Account) with a stake of 19.81%, followed by Nomura Holdings Inc. with 8.85%.

This disclosure could not be fully translated automatically. View original filing (Japanese) • Terms