Aisin Seiki Co., Ltd. - Joint venture with Denso Corporation to develop electrification driving modules

Leading Japanese law firm Nishimura & Asahi has advised Aisin Seiki Co., Ltd. (“Aisin”) [TSE: 7259] on its agreement with Denso Corporation (“Denso”) [TSE: 6902] to form a joint venture company to develop and sell electrification driving modules. Electrification, one of the key disrupters impacting the automotive industry, requires a driving module package that integrates key components, such as transaxles, motor generators, and inverters. The company, capitalized equally by Aisin and Denso, will focus on driving modules for hybrids, plug-in hybrids, fuel cell vehicles and electric vehicles, especially for the growing Chinese market.

The Nishimura & Asahi team advising Aisin was led by partners Kozo Kawai and Yuki Oi.