Shindengen Electric 's Top Shareholder Changes After Honda Sell-off

TOKYO, Aug 07 (Pulse News Wire) – Shindengen Electric Manufacturing CO.,LTD. (6844.T) reported a change in its top shareholder due to a sale of shares by Honda Motor Co., Ltd.

On August 07, 2026, Honda sold part of its holdings in Shindengen Electric through ToSTNeT-1, reducing its stake below the threshold for a major shareholder. Prior to the transaction, Honda held 11,863 shares, representing 11.7% percent of total voting rights, ranking first among shareholders as of March 31, 2026. Post-sale, Honda’s holding decreased to 7,961 shares, accounting for 7.9% percent of total voting rights as of August 07, 2026.

Honda Motor Co., Ltd., headquartered at Tokyo, Minato Ku Toranomon 2-2-3, engages in manufacturing, selling, leasing, and repairing automobiles, ships, aircraft, and other transportation machinery. As of March 31, 2026, its capital was ¥86.07 billion. The company stated that while the shareholding structure has changed, there will be no impact on its operations or performance.

The long-standing cooperative relationship between Shindengen Electric and Honda remains unchanged.