Nidec Precision Executes Agreement to Transfer Its Shares in Nidec Precision Yamada
Nidec Precision has announced the transfer of its approximately 68.4% stake in Nidec Precision Yamada to APIC YAMADA . The share transfer agreement was executed and completed on March 31, 2025, following a board resolution on March 18, 2025.
The Target Company, established in 2003 as a joint venture, specializes in designing, manufacturing, and selling precision molds, with APIC YAMADA as its primary customer. The transfer decision came after APIC YAMADA proposed to make the Target Company a wholly-owned subsidiary to facilitate potential business consolidation for future expansion.
Nidec Precision will maintain its business relationship with APIC YAMADA, Yamaha Motor Co., , and Yamaha Robotics Holdings Co., The transaction is not expected to significantly impact Nidec's consolidated financial performance for the fiscal year ending March 31, 2025.
Nidec Precision ha annunciato il trasferimento della sua partecipazione di circa il 68,4% in Nidec Precision Yamada a APIC YAMADA. L'accordo di trasferimento delle azioni è stato eseguito e completato il 31 marzo 2025, a seguito di una risoluzione del consiglio di amministrazione del 18 marzo 2025.
La società target, fondata nel 2003 come joint venture, si specializza nella progettazione, produzione e vendita di stampi di precisione, con APIC YAMADA come principale cliente. La decisione di trasferimento è stata presa dopo che APIC YAMADA ha proposto di rendere la società target una controllata al 100% per facilitare una potenziale consolidazione aziendale per future espansioni.
Nidec Precision manterrà la sua relazione commerciale con APIC YAMADA, Yamaha Motor Co., e Yamaha Robotics Holdings Co. Si prevede che la transazione non avrà un impatto significativo sulle performance finanziarie consolidate di Nidec per l'anno fiscale che termina il 31 marzo 2025.
Nidec Precision ha anunciado la transferencia de su participación de aproximadamente el 68.4% en Nidec Precision Yamada a APIC YAMADA. El acuerdo de transferencia de acciones se ejecutó y completó el 31 de marzo de 2025, tras una resolución de la junta el 18 de marzo de 2025.
La empresa objetivo, establecida en 2003 como una empresa conjunta, se especializa en el diseño, fabricación y venta de moldes de precisión, siendo APIC YAMADA su cliente principal. La decisión de transferencia se tomó después de que APIC YAMADA propusiera convertir la empresa objetivo en una subsidiaria de propiedad total para facilitar una posible consolidación empresarial para futuras expansiones.
Nidec Precision mantendrá su relación comercial con APIC YAMADA, Yamaha Motor Co., y Yamaha Robotics Holdings Co. Se espera que la transacción no tenga un impacto significativo en el rendimiento financiero consolidado de Nidec para el año fiscal que finaliza el 31 de marzo de 2025.
Nidec Precision는 Nidec Precision Yamada의 약 68.4% 지분을 APIC YAMADA에 양도한다고 발표했습니다. 주식 양도 계약은 2025년 3월 31일에 체결 및 완료되었으며, 2025년 3월 18일 이사회 결의에 따라 진행되었습니다.
목표 회사는 2003년에 합작 투자로 설립되었으며, 정밀 금형의 설계, 제조 및 판매를 전문으로 하며, APIC YAMADA가 주요 고객입니다. 양도 결정은 APIC YAMADA가 목표 회사를 완전 자회사로 만들 것을 제안한 후 이루어졌으며, 이는 향후 확장을 위한 잠재적인 사업 통합을 용이하게 하기 위함입니다.
Nidec Precision은 APIC YAMADA, Yamaha Motor Co., 및 Yamaha Robotics Holdings Co.와의 비즈니스 관계를 유지할 것입니다. 이번 거래는 2025년 3월 31일로 종료되는 회계 연도의 Nidec의 연결 재무 성과에 큰 영향을 미치지 않을 것으로 예상됩니다.
Nidec Precision a annoncé le transfert de sa participation d'environ 68,4 % dans Nidec Precision Yamada à APIC YAMADA. L'accord de transfert d'actions a été exécuté et complété le 31 mars 2025, suite à une résolution du conseil d'administration le 18 mars 2025.
La société cible, fondée en 2003 en tant que coentreprise, se spécialise dans la conception, la fabrication et la vente de moules de précision, APIC YAMADA étant son principal client. La décision de transfert a été prise après qu'APIC YAMADA a proposé de faire de la société cible une filiale à part entière pour faciliter une consolidation potentielle des activités pour de futures expansions.
Nidec Precision maintiendra sa relation commerciale avec APIC YAMADA, Yamaha Motor Co., et Yamaha Robotics Holdings Co. La transaction ne devrait pas avoir d'impact significatif sur la performance financière consolidée de Nidec pour l'exercice se terminant le 31 mars 2025.
Nidec Precision hat die Übertragung seines Anteils von etwa 68,4% an Nidec Precision Yamada an APIC YAMADA angekündigt. Der Aktienübertragungsvertrag wurde am 31. März 2025 abgeschlossen, nach einem Beschluss des Vorstands am 18. März 2025.
Das Zielunternehmen, das 2003 als Joint Venture gegründet wurde, ist auf die Konstruktion, Herstellung und den Verkauf von Präzisionsformen spezialisiert, wobei APIC YAMADA der Hauptkunde ist. Die Entscheidung zur Übertragung wurde getroffen, nachdem APIC YAMADA vorgeschlagen hatte, das Zielunternehmen zu einer hundertprozentigen Tochtergesellschaft zu machen, um eine potenzielle Unternehmenszusammenlegung für zukünftige Expansionen zu erleichtern.
Nidec Precision wird seine Geschäftsbeziehung zu APIC YAMADA, Yamaha Motor Co. und Yamaha Robotics Holdings Co. aufrechterhalten. Es wird nicht erwartet, dass die Transaktion die konsolidierte Finanzlage von Nidec für das am 31. März 2025 endende Geschäftsjahr erheblich beeinflusst.
- Strategic divestment allows NJDCY to streamline operations while maintaining business relationships
- No negative impact expected on consolidated financial performance
- Loss of control over precision molds manufacturing subsidiary
- Reduction in business diversification through divestment of 68.4% stake
1. Outline of the Target Company
(1) |
Name: |
NIDEC PRECISION YAMADA CORPORATION |
||
(2) |
Address of the head office: |
80 Haneo, Chikuma-shi, |
||
(3) |
Foundation: |
July 2003 |
||
(4) |
Representatives: |
Mr. Takehiko Kumagai (Director and Chairman) and Mr. Takuro Ishihara (Representative Director and President) |
||
(5) |
Ratio for shares: |
NIDEC PRECISION: |
||
(6) |
Businesses: |
Design, manufacturing, and sales of precision molds |
||
(7) |
Employees: |
49 |
2. Background Leading to the Share Transfer
Founded in 2003 as a joint venture with APIC YAMADA, the Target Company designs, manufactures, and sells precision molds, with APIC YAMADA its main customer. The above parties have come to an agreement, after a series of discussion on transferring NIDEC PRECISION’s shares in the Target Company, on the Share Transfer based on APIC YAMADA’s proposal to make the Target Company a wholly owned subsidiary for possible business consolidation for future business expansion.
After the Share Transfer, the Company will maintain its good business relationship with APIC YAMADA, Yamaha Motor Co., Ltd. (its parent company), and Yamaha Robotics Holdings Co., Ltd.
3. Effect on Financial Performance for the Current and Next Fiscal Year
The Share Transfer is expected to have no significant impact on the Company’s consolidated financial performance for this fiscal year ending March 31, 2025. If necessary, the Company will make additional disclosure on a timely basis in accordance with the rules of the Tokyo Stock Exchange upon determination of further details.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250330843794/en/
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Source: Nidec Corporation
FAQ
What percentage of Nidec Precision Yamada shares did NJDCY transfer to APIC YAMADA?
When was the share transfer agreement for NJDCY's stake in Nidec Precision Yamada completed?
Will the Nidec Precision Yamada share transfer affect NJDCY's financial performance in FY2025?
What is the main business of Nidec Precision Yamada that NJDCY is divesting?
