Sumitomo Corporation acquires ASAMA GIKEN from Honda Motor

Sumitomo Corporation acquired shares of ASAMA GIKEN, an automotive brake parts manufacturer, from Honda Motor, making ASAMA GIKEN a member of the Sumitomo Corporation Group. The three companies (Sumitomo Corporation, KIRIU, and ASAMA GIKEN) started considering integration with a kickoff event on September 2, 2019.

“The three companies took the memorable first step in joining forces to be the world’s No.1 automotive brake parts manufacturing group in the automotive industry that is undergoing a seismic, once-in-a-century transformation.”sumitomocorp.com

• 2 sources
• sumitomocorp.comASAMA GIKEN, KIRIU, and Sumitomo Corporation Start to Consider IntegrationSep 24, 2019
• sumitomocorp.comASAMA GIKEN, KIRIU, and Sumitomo Corporation Start to Consider Integration | Sumitomo CorporationSep 24, 2019

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