# Foxconn to acquire 50% stake in Mitsubishi Electric Mobility for ¥115 billion

Foxconn (Hon Hai Precision Industry) will acquire a 50% stake in Mitsubishi Electric Mobility for 115 billion yen, valuing the business at 320 billion yen. The deal is expected to close on October 1, 2027.

- Type: Acquisition
- Announced: 2025-11-20
- Where: Japan
- Value: $765.0M (115.0B JPY)
- Status: announced
- Products: electric powertrains, software, vehicle control technologies, generators, starters, ignition coils, radar sensors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hon Hai Precision Industry Co., Ltd.](https://endata.com/companies/17449.md) (acquirer)
- [Mitsubishi Electric Mobility Corporation](https://endata.com/companies/77631.md) (target)

## Sources

- [digitaltoday.co.kr](https://www.digitaltoday.co.kr/en/view/116663/foxconn-to-buy-50-percent-stake-in-mitsubishi-electric-mobility-in-bid-for-japan-ev-platform), 2025-11-20: "Foxconn parent Hon Hai Precision Industry, through investment subsidiary Lin Yin International Investment, signed a final agreement to buy a 50% stake in Mitsubishi Electric Mobility for 115 billion yen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.