1. Home
  2. Press release
Aug 05, 2022 15:24 JST

Source: Honda Motor Co, Ltd

Honda Signs Agreement to Transfer Shares of Honda Lock Mfg. to MinebeaMitsumi

TOKYO, Aug 05, 2022 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda) today announced that it has signed an agreement to transfer all shares of Honda Lock Mfg. Co., Ltd. (Honda Lock), a consolidated wholly-owned subsidiary of Honda, to MinebeaMitsumi Inc., a manufacturer of machinery components and electronic devices.

In the midst of major changes in the business environment, Honda is working to optimize its business portfolio to better leverage the strengths of each individual Honda company, including those of its consolidated subsidiaries. As a result of studying the future growth potential of Honda Lock, including the advancement of its key products into electronic devices, Honda concluded that Honda Lock will experience further growth in the future by conducting business as a part of the MinebeaMitsumi Group, which has strengths in technologies and value creation in a diverse range of industries and technology areas beyond automobile components. Based on this assessment, Honda decided to proceed with this stock transfer, which is expected to be completed before the end of 2022, after going through various transfer procedures including obtaining regulatory approvals.

For more information, visit https://global.honda/newsroom/news/2022/c220804eng.html.

Source: Honda Motor Co, Ltd
Sectors: Automotive

Copyright ©2026 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release

Honda to Adopt New "H mark" as Symbol of Honda Automobile Business
January 13 2026 10:26 JST
 
Honda Announces New Lines of Models that Represent "Honda Sports DNA" at Tokyo Auto Salon 2026
January 09 2026 13:24 JST
 
Honda Launches Fixed-Battery Electric Two-Wheeled Personal Commuter "Honda UC3" in Thailand and Vietnam
January 09 2026 12:27 JST
 
Sponsorship Agreement Reached with LCR Honda; Full-Season MotoGP Entry as Pro Honda LCR
January 09 2026 12:05 JST
 
Honda Newly Launches "Discover Honda" Content Curation Media Platform
December 26 2025 16:34 JST
 
Honda to Launch New Heritage Service Business
December 12 2025 19:31 JST
 
Honda Technical Support for Red Bull Powertrains in F1 Racing Concludes
December 08 2025 15:34 JST
 
Honda Unveils Next-generation Technologies at "Honda Automotive Technology Workshop" for Electrified Models to be Launched in Second Half of 2020s
November 06 2025 21:44 JST
 
Honda Announces Electric Motorcycle Business Brand Promise and Four Core Values
November 04 2025 23:35 JST
 
Honda Unveils Its First Electric Motorcycle, the Honda WN7, at EICMA 2025
November 04 2025 23:20 JST
 
More Press release >>

Latest Press Release


Mitsubishi Motors Launches Updated Outlander PHEV in Canada
Jan 14, 2026 17:38 JST

Hitachi High-Tech launches FOUNDRY-MASTER Smart 2, enhancing performance and value of stationary optical emission spectrometers
Jan 14, 2026 14:10 JST

Fujitsu launches demonstration experiment into green steel value flow utilizing blockchain technology to accelerate decarbonization in the steel Industry
Jan 14, 2026 10:52 JST

Toyota Systems, Fujitsu utilize quantum-inspired technology and AI to streamline on-board computer design and contribute to sustainable development
Jan 14, 2026 10:36 JST

Mitsubishi Motors Starts Production of Rogue Plug-in Hybrid and Navara OEM Models for Nissan
Jan 13, 2026 16:02 JST

Additional Investment in Commercial Space Station Business and Acquisition of Experimental Module Usage Rights
Jan 13, 2026 14:34 JST

Honda to Adopt New "H mark" as Symbol of Honda Automobile Business
Jan 13, 2026 11:26 JST

Eisai and Nuvation Bio Enter into Exclusive Licensing Agreement for Taletrectinib in Europe and Additional Countries Outside the U.S., China and Japan
Jan 13, 2026 09:50 JST

Mazda Unveils MAZDA CX-6e New Battery EV in World Premiere
Jan 12, 2026 13:10 JST

TOYOTA GAZOO Racing Announces GR Yaris MORIZO RR
Jan 09, 2026 16:03 JST

Honda Announces New Lines of Models that Represent "Honda Sports DNA" at Tokyo Auto Salon 2026
Jan 09, 2026 14:24 JST

Honda Launches Fixed-Battery Electric Two-Wheeled Personal Commuter "Honda UC3" in Thailand and Vietnam
Jan 09, 2026 13:27 JST

Sponsorship Agreement Reached with LCR Honda; Full-Season MotoGP Entry as Pro Honda LCR
Jan 09, 2026 13:05 JST

Mazda Develops New Body Color, "Navy Blue Mica"
Jan 09, 2026 10:23 JST

Fujitsu develops digital learning platform for JAL to support self-directed learning and training management
Jan 09, 2026 10:07 JST

TOYOTA GAZOO Racing Reverting to "GAZOO Racing" to Pass on and Evolve the Making of Ever-better Cars and the Fostering of Talent
Jan 07, 2026 22:04 JST

TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Release "The TANAKA 2025" a Perfume that Expresses the Fragrance of Gold (Au)
Jan 07, 2026 22:00 JST

Toyota's European R&D center changes its name and competes in WEC with a new brand
Jan 07, 2026 21:50 JST

Hitachi Launches Expanded HMAX Solutions Accelerating Social Innovation Globally Across Industries
Jan 07, 2026 12:27 JST

Mitsubishi Motors to Celebrate "Delica Festival" with Custom Versions of Delica D:5 and Delica Mini at Tokyo Auto Salon 2026
Jan 06, 2026 16:25 JST
 More Latest Release >>