Tag: Mitsubishi Corporation
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Mitsubishi Motors’ Disclosure on Controlling Shareholders
Mitsubishi Motors Corporation announced that Nissan Motor Co., Ltd. and Mitsubishi Corporation are its controlling shareholders, holding 34.01% and 20.01% of voting rights respectively. Nissan supports Mitsubishi Motors’ brand and growth, collaborating on OEM and technology development. Mitsubishi Corporation respects the independence of its subsidiaries while enhancing corporate value. To ensure independence, appointments are handled…
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Honda and Mitsubishi Corporation Establish New Company “ALTNA Inc.”
Honda Motor Co., Ltd. (Honda) and Mitsubishi Corporation (Mitsubishi) will establish a new company, ALTNA Inc. (ALTNA), in July 2024 based on the memorandum signed in October 2023. ALTNA aims to address challenges related to the widespread adoption of EVs, battery value enhancement, resource recycling, and the expansion of renewable energy. Business Activities of the…