NISSAN MOTOR CO.,LTD. [7201.T]

TOKYO, Jun 29 (Pulse News Wire) – Nissan Motor CO.,LTD. (7201.T) reported that Renault SA held a combined stake of 35.87% in the company as of March 31, 2026.

This includes direct holdings of 17.12% and deemed holdings of 18.75%. Renault SA remains the largest shareholder of Nissan, holding voting rights equivalent to 35.87%. Under their alliance agreement effective since November 2023, Renault and Nissan hold shares in each other subject to lock-up obligations and limitations on voting rights.

In March 2025, the companies agreed to revise the alliance contract, reducing the lock-up obligation and allowing each party to lower their respective shareholding rates to 15% while maintaining neutrality in exercising voting rights attached to the shares held in trust by French trustees. Additionally, Renault SA retains the right to nominate two directors to Nissan’s board, and vice versa. The Nissan board comprises a majority of independent outside directors, with an independent director serving as chairman, ensuring no conflict of interest with general shareholders.

The company operates independently without operational constraints imposed by Renault SA.

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