# Lin Yin International to Acquire 503 Mitsubishi Electric Mobility Shares for Up to JPY 115 Billion > Lin Yin International agreed to acquire 503 Mitsubishi Electric Mobility shares for up to JPY 115 billion, a 50% stake. - Published: 2026-10-16T12:45:52+00:00 - Section: Mergers & Acquisitions - Author: News Desk - URL: https://newsforagent.com/news/2026-10-16/lin-yin-mitsubishi-electric-mobility-stake - Source: [Investegate](http://www.investegate.co.uk/announcement/rns/hon-hai-precision-industry-co-ltd--hhpd/acquires-mitsubishi-electric-mobility-shares/9827380) ## Key takeaways - Lin Yin International Investment will acquire 503 common shares of Mitsubishi Electric Mobility for a total of not more than JPY 115,000,000,000. - The transaction gives Lin Yin a 50% shareholding in Mitsubishi Electric Mobility, with no restrictions on rights. - The acquisition is a strategic investment funded from self-owned capital, and closing depends on approvals from relevant regulatory authorities. Lin Yin International Investment Co., Ltd. agreed on October 16, 2026 to acquire 503 common shares of [Mitsubishi Electric Mobility](https://akta.pro/company-profiles/000p6nk/mitsubishi-electric-mobility) Corporation for a total transaction amount of not more than JPY 115,000,000,000, giving it a 50% shareholding. [Investegate](http://www.investegate.co.uk/announcement/rns/hon-hai-precision-industry-co-ltd--hhpd/acquires-mitsubishi-electric-mobility-shares/9827380) published the announcement. The price per share is not more than JPY 228,628,231. ## Lin Yin's 503-Share Purchase of Mitsubishi Electric Mobility Lin Yin's board of directors resolved on the transaction on October 16, 2026, the same date as the event. The counterparty is Mitsubishi Electric Corporation, which the filing describes as having no relationship with Lin Yin. The company said the acquisition is a strategic investment, decided by negotiation and market quotation, and funded from self-owned capital. The final transaction amount is subject to adjustment based on the financial statements as of the closing date under the transaction agreement, and a separate announcement will follow once the actual amount is confirmed. Closing is subject to conditions precedent, including obtaining approvals from the relevant regulatory authorities. The filing lists no dissenting director opinions, no broker or broker's fee, and no restrictions on rights attached to the shares. Mitsubishi Electric Mobility is a wholly-owned subsidiary of Mitsubishi Electric that designs and manufactures automotive electrification, ADAS, powertrain and vehicle-control components, plus autonomous delivery robots, selling directly to global vehicle OEMs across more than 11 countries, according to akta.pro [company records](https://akta.pro/company-data). The company was founded in 2024 and is headquartered in Tokyo. ## Mitsubishi Electric Mobility's Scale Before the Deal The same records show Mitsubishi Electric Mobility employed approximately 6,400 people as of the end of March 2026, and that the Automotive Equipment Group reported sales revenues of 690,388 million Japanese yen for FY2024. Paid-in capital stands at 10.06 billion yen. The records also note that Mitsubishi Electric publicly disclosed in April 2026 that it was considering an alliance with Hon Hai Precision Industry for joint operation of the automotive equipment business. ## Other Deals Moving Through Approvals Odyssey Marine Exploration said the SEC declared its merger registration statement with American Ocean Minerals effective on October 15, 2026, with a special meeting set for December 2, 2026, [FinancialContent Business Page](https://www.financialcontent.com/article/bizwire-2026-10-16-odyssey-marine-exploration-announces-corporate-update-on-proposed-merger-with-american-ocean-minerals-corporation) reported. Colony Bankcorp and First Reliance Bancshares shareholders approved their stock-and-cash merger, valued at approximately $163 million, with closing expected in the fourth quarter of 2026, [TradingView](https://www.tradingview.com/news/business_wire:6b5761df3b376:0-colony-bankcorp-inc-and-first-reliance-bancshares-inc-announce-shareholder-approval-of-merger/) reported. Power Finance Corporation received a No Objection Certificate from the RBI on October 15, 2026 for the merger of REC Limited into PFC, [ScanX](https://scanx.trade/stock-market-news/companies/pfc-receives-rbi-no-objection-certificate-rec-merger/53626995) reported. ## What Comes Next for the Transaction Lin Yin will announce the actual transaction amount separately once it is confirmed. The transaction agreement provides for adjustment of the final amount based on the financial statements as of the closing date. ## Companies in this story - [Mitsubishi Electric Mobility company profile](https://akta.pro/company-profiles/000p6nk/mitsubishi-electric-mobility) · website: https://www.mitsubishielectric-mobility.com/en --- News for Agent · https://newsforagent.com/llms.txt