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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 551.3 JPY | +0.16% |
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-4.77% | -0.52% |
| Apr. 22 | Industrials Gain on 1Q Earnings Optimism -- Industrials Roundup | DJ |
| Apr. 22 | News Highlights : Top Company News of the Day - Monday at 7 AM ET | DJ |
TOKYO (Reuters) - Nissan Motor Co on Thursday gave some details of its two-decade-old alliance agreement with top shareholder Renault SA for the first time, making clear the French automaker is not allowed to increase its stake beyond 44% without permission.
In an annual securities report filed in Tokyo, Nissan said Renault was not allowed to increase its stake in the Japanese automaker beyond 44% without Nissan's permission, with the exception of cases such as other entity bidding for Nissan.
Renault owns around 43% of Nissan while the Japanese carmaker owns 15% of its top shareholder, but without voting rights.
(Reporting by Satoshi Sugiyama; Editing by David Dolan)
| 1st Jan change | Capi. | |
|---|---|---|
| -0.52% | 12.94B | |
| +35.53% | 306B | |
| +18.18% | 81.69B | |
| +5.28% | 70.94B | |
| +7.83% | 70.53B | |
| +20.36% | 55.26B | |
| +5.66% | 51.42B | |
| +26.37% | 42.74B | |
| +20.39% | 38.61B | |
| +19.27% | 27.92B |
NISSAN MOTOR CO LTD 
