Nissin Kogyo

Honda will conduct tender offers to make Keihin, Showa, and Nissin Kogyo wholly-owned subsidiaries, then merge them with Hitachi Automotive Systems to strengthen CASE solutions. The integration involves six companies including Hitachi and Honda.

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.

Hitachi Automotive Systems, Keihin Corporation, Showa Corporation, and Nissin Kogyo Co., Ltd. announced a management integration. The notice was released on October 30, 2019.

Veoneer signed a binding agreement to acquire Nissin Kogyo's interests in the US operations of their joint venture Veoneer Nissin Brake Systems (VNBS) for one US dollar. The transaction is expected to close on or around June 28, 2019.

Nissin Kogyo Co Ltd plans to set up a new aluminium production factory in Nagano-ken, Japan, with a total capital investment of 2 billion yen. Construction is scheduled to start in August 2017, with commissioning targeted for July 2018.