Mitsubishi Electric formalizes auto deal: what it means for Mitsubishi Electric stock
Published on 10/17/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAlliance details and dates
- Mitsubishi Electric formalized the alliance on October 16, 2026 to transfer a 50 percent stake.
- The expected share transfer price is JPY 115.0 billion.
- The agreement sets an enterprise value of JPY 320.0 billion and targets completion on October 1, 2027, subject to approvals.
Mitsubishi Electric formalized an automotive alliance with Foxconn on October 16, 2026, according to the Hon Hai Technology Group.
Market context: Market report Nikkei 225.
Automotive equipment alliance
Under the agreement, Mitsubishi Electric will transfer 50 percent of its stake in Mitsubishi Electric Mobility Co., Ltd. to Lin Yin International Investment Co., Ltd., an investment management subsidiary of Hon Hai Precision Industry. The two companies plan to jointly operate the automotive equipment business. The share transfer is subject to required approvals and clearances.
Transaction terms
The expected share transfer price is JPY 115.0 billion. The agreement establishes an enterprise value of JPY 320.0 billion and an equity value of JPY 230.0 billion for Mitsubishi Electric Mobility. The transfer is expected to be completed on October 1, 2027, subject to contractual conditions and regulatory approvals. These terms were stated in the company announcement.
Next Xetra session
The next Xetra session is October 19, 2026. The next price is shown from the start of trading by the continuously updated real-time quote of Mitsubishi Electric stock.
