Showa Group

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.

Showa Group announced a major expansion of its Fayette, Alabama facility to triple production capacity of nitrile single-use gloves, aided by $81.3 million in contracts from the U.S. Department of Health & Human Services. The phased buildout will increase annual capacity to 1.2 billion gloves by end of 2022 and 2.8 billion gloves once complete.