JIC Capital to take 20% stake in Hitachi Astemo, ownership restructured

Hitachi, Honda, JIC Capital and Hitachi Astemo agreed to change Hitachi Astemo's capital structure, with JIC Capital acquiring a 20% voting stake. Ownership will shift from Hitachi 66.6% and Honda 33.4% to Hitachi 40%, Honda 40%, and JIC Capital 20% in September 2023.

“Hitachi Astemo aims to realize sustainable growth and consolidate its position as a global mega supplier.”global.honda

• 1 source
• global.hondaNotice of Change in Capital Structure of Hitachi Astemo including Capital Participation of JIC Capital | Honda Global Corporate WebsiteMar 30, 2023

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