# Hitachi and Honda to merge four auto parts units

Hitachi and Honda announced the merger of Hitachi Automotive Systems with Honda-affiliated Keihin, Showa, and Nissin Kogyo. Hitachi will hold 66.6% and Honda 33.4% of the combined company, creating Japan's third-largest auto parts supplier with sales of about ¥1.8 trillion.

- Type: Acquisition
- Announced: 2019-10-30
- Where: Japan
- Status: announced
- Products: auto parts, next-generation vehicle components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md)
- [Honda Motor Co., Ltd.](https://endata.com/companies/16181.md)
- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [Keihin Corporation](https://endata.com/companies/1354.md) (target)
- [Hitachi Automotive Systems](https://endata.com/companies/5033.md) (target)
- [Honda Motor Co., Ltd.](https://endata.com/companies/16181.md) (acquirer)
- [Honda](https://endata.com/companies/17700.md) (acquirer)
- [Honda](https://endata.com/companies/17700.md) (partner)
- [Nissin Kogyo](https://endata.com/companies/24939.md) (target)
- [Showa Group](https://endata.com/companies/41800.md) (target)

## Sources

- [backup.arabnews.jp](https://backup.arabnews.jp/en/business/article_2812/), 2019-10-30: "Hitachi Ltd on Wednesday said its vehicle components operations would merge with three Honda Motor Co-affiliated suppliers, creating Japan's third-biggest auto-parts supplier by sales."
- [maonline.jp](https://maonline.jp/news/20191030f), 2019-10-30: "日立製作所とホンダは30日、それぞれの傘下の自動車部品メーカー4社を合併させると発表した。"
- [financialpost.com](https://financialpost.com/pmn/business-pmn/hitachi-honda-suppliers-to-merge-parts-business-to-cut-ev-self-driving-costs), 2019-10-30: "The merged company will be a mega supplier and will deliver competitive advanced technologies and solutions."
- [japantimes.co.jp](https://www.japantimes.co.jp/news/2019/10/30/business/corporate-business/hitachi-honda-auto-parts-merger/), 2019-10-30: "Honda and Hitachi said Wednesday they will combine Hitachi Automotive Systems and Honda affiliates Keihin Corp., Showa Corp. and Nissin Kogyo Co."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/715153/000119312519279525/d822769d6k.htm), 2019-10-31: "English translation of a press release regarding the Management Integration of Hitachi Automotive Systems, Ltd., Keihin Corporation, Showa Corporation, and Nissin Kogyo Co., Ltd."
- [thebrakereport.com](https://thebrakereport.com/honda-and-hitachi-to-merge-four-parts-makers/), 2019-11-01: "The car and motorcycle industry is facing a once-in-a-century major shift, with pressure to reduce environmental impact, cut accidents and improve comfort."

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