Nissin Kogyo

Honda Announces Completion of the Tender Offer for Shares in Keihin, Showa and Nissin

Friday, October 16, 2020 - 9:16am

Honda announced that the Tender Offer commenced on September 2, 2020, was completed on October 15, 2020.

Key Points: 
  • Honda announced that the Tender Offer commenced on September 2, 2020, was completed on October 15, 2020.
  • For the results thereof, please refer to "Notice regarding Result of the Tender Offer for Shares of Keihin Corporation (Securities Code:7251)," "Notice regarding Result of the Tender Offer for Shares of Showa Corporation (Securities Code: 7274) and Change in the Subsidiary" and "Notice regarding Result of the Tender Offer for Shares of Nissin Kogyo Co., Ltd. (Securities Code: 7230)".
  • Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products.
  • Its purpose is to deliver solutions that increase social, environmental and economic value for its customers.

Hitachi Automotive Electric Motor Systems--A New Company for Electric Vehicle Motor Business Established in USA

Friday, September 4, 2020 - 4:25am

TOKYO, Sept 4, 2020 - (JCN Newswire) - Hitachi Automotive Electric motor Systems Ltd. newly established Hitachi Automotive Electric Motor Systems America, Inc. in Kentucky, USA, for the development, manufacture and sale of electric vehicle motors.

Key Points: 
  • TOKYO, Sept 4, 2020 - (JCN Newswire) - Hitachi Automotive Electric motor Systems Ltd. newly established Hitachi Automotive Electric Motor Systems America, Inc. in Kentucky, USA, for the development, manufacture and sale of electric vehicle motors.
  • The new company will utilize the existing office and manufacturing facilities in Berea City, owned by Hitachi Automotive Systems.
  • The establishment of this new company will further strengthen Hitachi Automotive Electric Motor Systems' business foundation in the expanding electric vehicle market and respond to the growing demand for electric vehicle motors in the USA.
  • About Hitachi Automotive Electric Motor Systems, Ltd.
    Hitachi Automotive Electric Motor Systems, Ltd. is a subsidiary of Hitachi Automotive Systems, Ltd., headquartered in Tokyo, Japan.

Worldwide Automotive Brakes Market Study 2020 - Comprehensive Individual Analysis on the Top 80 Companies - ResearchAndMarkets.com

Wednesday, June 10, 2020 - 1:36pm

The "Automotive Brakes (GLOBAL) - Industry Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Brakes (GLOBAL) - Industry Report" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a detailed overview of the global automotive brakes market and delivers a comprehensive individual analysis on the top 80 companies, including NISSIN KOGYO CO.,LTD., KENDRION HOLDING GERMANY GMBH and KNORR-BREMSE SYSTEMES POUR VEHICULES UTI LITAIRES FRANCE.
  • Each of the largest 80 companies is meticulously scrutinised in an individual assessment and analysed using the most up-to-date and current financial data.
  • Every business is examined on the following features:
    Subsequently, you will receive a thorough 100-page market analysis highlighting the latest changes in the market.

Veoneer to Divest Japan and China Operations of Brake System Joint Venture

Wednesday, October 30, 2019 - 6:16am

Upon the completion of the transactions under the Definitive Agreements, the VNBS joint venture will be terminated.

Key Points: 
  • Upon the completion of the transactions under the Definitive Agreements, the VNBS joint venture will be terminated.
  • This is the next step in the strategic review of Veoneer's brake systems business first announced in early 2019.
  • On June 17, 2019, Veoneer announced that it had signed a binding agreement to acquire Nissin Kogyo's interests in the US operations of VNBS.
  • The transaction closed on June 28, 2019, after which Veoneer owns 100% of such US operations.

Veoneer to Divest Japan and China Operations of Brake System Joint Venture

Wednesday, October 30, 2019 - 6:13am

Upon the completion of the transactions under the Definitive Agreements, the VNBS joint venture will be terminated.

Key Points: 
  • Upon the completion of the transactions under the Definitive Agreements, the VNBS joint venture will be terminated.
  • This is the next step in the strategic review of Veoneer's brake systems business first announced in early 2019.
  • On June 17, 2019, Veoneer announced that it had signed a binding agreement to acquire Nissin Kogyo's interests in the US operations of VNBS.
  • The transaction closed on June 28, 2019, after which Veoneer owns 100% of such US operations.

Veoneer Acquires Nissin Kogyo's Interests in US VNBS Operations

Monday, June 17, 2019 - 7:25am

Under the agreement Veoneer will acquire Nissin Kogyo's interests in the US operations of VNBS, referred to as VNBA, for one US dollar, and VNBS will transfer or license the VNBS technologies necessary to operate the VNBA business to VNBA.

Key Points: 
  • Under the agreement Veoneer will acquire Nissin Kogyo's interests in the US operations of VNBS, referred to as VNBA, for one US dollar, and VNBS will transfer or license the VNBS technologies necessary to operate the VNBA business to VNBA.
  • The US operations of VNBS, including the transferred or licensed technologies, will thus become a wholly-owned Veoneer business.
  • The VNBS operations in Japan and China will remain a part of the joint venture, with Veoneer owning 51% and Nissin Kogyo owning 49% of the joint venture.
  • Under the agreement, Nissin Kogyo will either provide guarantees for certain VNBS commercial loans, or contribute capital to VNBS, in either case corresponding to 49% of the funding Veoneer has previously unilaterally provided VNBS.

Veoneer Acquires Nissin Kogyo's Interests in US VNBS Operations

Monday, June 17, 2019 - 7:22am

Under the agreement Veoneer will acquire Nissin Kogyo's interests in the US operations of VNBS, referred to as VNBA, for one US dollar, and VNBS will transfer or license the VNBS technologies necessary to operate the VNBA business to VNBA.

Key Points: 
  • Under the agreement Veoneer will acquire Nissin Kogyo's interests in the US operations of VNBS, referred to as VNBA, for one US dollar, and VNBS will transfer or license the VNBS technologies necessary to operate the VNBA business to VNBA.
  • The US operations of VNBS, including the transferred or licensed technologies, will thus become a wholly-owned Veoneer business.
  • The VNBS operations in Japan and China will remain a part of the joint venture, with Veoneer owning 51% and Nissin Kogyo owning 49% of the joint venture.
  • Under the agreement, Nissin Kogyo will either provide guarantees for certain VNBS commercial loans, or contribute capital to VNBS, in either case corresponding to 49% of the funding Veoneer has previously unilaterally provided VNBS.