[News] Stanley Electric and Mitsubishi Electric Mobility Sign an Integration Agreement for the Establishment of a Joint Venture Company for Lamp System Business for Next-Generation Vehicles via Company Split

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As announced on April 24, 2025 that “Stanley Electric and Mitsubishi Electric Mobility Sign an Integration Agreement for the Establishment of a Joint Venture Company for Lamp System Business for Next-Generation Vehicles via Company Split” (this has already been partially updated in the “(Progress of Disclosure Matters) Stanley Electric and Mitsubishi Electric Mobility Sign an Integration Agreement for the Establishment of a Joint Venture Company for Lamp System Business for Next-Generation Vehicles via Company Split” disclosed by Stanley Electric Co., Ltd (“Stanley Electric”) on July 18, 2025, collectively “Previous Timely Disclosure”), Stanley Electric and Mitsubishi Electric Mobility Corporation (“Mitsubishi Electric Mobility”) have entered into the Basic Integration Agreement (the “Integration Agreement”) regarding the establishment of a joint venture company (the “JV”) (the “Integration”) for the electronic and control component business, which constitutes lamp systems for next-generation vehicles (four-wheel and two-wheel vehicles), and Stanley Electric have established Stanley Mobility Electric Co., Ltd. (the “Absorption-Type Split Successor Company”), a preparatory company, on July 1, 2025.

In order to implement the Integration, Mitsubishi Electric Mobility has resolved at its board of directors meeting held on July 25, 2025 to enter into an absorption-type split agreement between Mitsubishi Electric Mobility and the Absorption-Type Split Successor Company (the “Absorption-Type Split Agreement (Mitsubishi Electric Mobility)”) and has executed the Absorption-Type Split Agreement (Mitsubishi Electric Mobility) today, and Stanley Electric has resolved at its board of directors meeting held today to enter into an absorption-type split agreement between Stanley Electric and the Absorption-Type Split Successor Company (the “Absorption-Type Split Agreement (Stanley Electric)”) and has executed the Absorption-Type Split Agreement (Stanley Electric) today. 

TrendForce 2025 Global Automotive LED Market- Lighting and Display Product Trend
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1. PDF (196 Pages)- 30 June 2025
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