Autos/Auto Parts/Tire Sector

Research evidence excerpt

Autos/Auto Parts/Tire Sector

Automakers: Strategic Cross-shareholdings Held by Financial Institutions

Toyota: Stakes Held by Major Financial Institutions (After

Stakes Held by Major Financial Institutions

Unwinding Decisions Made)

(%)

16% Financial Institutions Share (%) Market Value (¥bn)

MS&AD Insurance Group 1.65% 717

14% Tokio Marine Holdings 1.41% 611

12% Mitsubishi UFJ Financial Group 1.37% 595

Sumitomo Mitsui Financial Group 1.18% 512

10%

Hayakugo Bank 0.35% 151

8% Bank of Nagoya 0.19% 83

6% Sompo Holdings 0.20% 85

Juroku Bank 0.14% 61

4% Ogaki Kyoritsu Bank 0.06% 28

2% Sumitomo Mitsui Trust Bank 0.05% 23

Shizuoka Bank 0.05% 22

0%

Mizuho Bank 0.04% 17 Suzuki Toyota Honda Mazda SUBARU Nissan Mitsubishi Yamaha

as of Mar 24 After Unwinding Decisions Made Total 6.69% 2,905

Honda: Stakes Held by Major Financial Institutions (After

Suzuki: Stakes Held by Major Financial Institutions

Financial Institutions Share (%) Market Value (¥bn) Financial Institutions Share (%) Market Value (¥bn)

Tokio Marine Holdings 0.00% 0 MUFG Bank 3.32% 118

Sompo Holdings 0.00% 0 Resona Bank 2.70% 96

MUFG Bank 0.00% 0 Shizuoka Bank 2.41% 85

MS&AD Insurance Group 0.00% 0 Sumitomo Mitsui Trust Bank 1.14% 41

Mizuho Bank 0.00% 0 Mizuho Bank 0.62% 22

Total 0.00% 0 Shimizu Bank 0.03% 1

Total 10.21% 363

Mazda: Stakes Held by Major Financial Institutions SUBARU: Stakes Held by Major Financial Institutions

Financial Institutions Share (%) Market Value (¥bn)

Sumitomo Mitsui Banking 1.62% 11

Mizuho Bank 1.41% 26

MS&AD Insurance Group 0.71% 5

Tokio Marine Holdings 0.77% 14

Sompo Holdings 0.65% 4

Gunma Bank 0.76% 14

Tokio Marine Holdings 0.64% 4

MS&AD Insurance Group 0.24% 4

Hiroshima Bank 0.45% 3

Towa Bank 0.00% 0

Sumitomo Mitsui Trust Bank 0.32% 2

Total 3.18% 58

Yamaguchi Bank 0.16% 1

Total 4.54% 30