Japanese auto parts maker Nippon Seiki has agreed to acquire Denso's head-up display (HUD) business, which develops, manufactures, and sells displays that project driving data onto windshields. The deal covers Denso's HUD operations in Japan, China, Spain, the US, and Mexico, and includes production equipment and related intellectual property, but excludes Denso officers, staff, land, and buildings. The assets were valued at 1.16 billion yen ($7.2 million) as of March 31, 2026, and the purchase price, undisclosed, will be under 1% of Nippon Seiki's consolidated net assets for the year ending March 2026. Nippon Seiki will pay in cash from its own funds, and the acquisition, expected to close on February 26, 2027, is subject to regulatory approvals and customer consent, with production transferred in stages to avoid disruption.
Nippon Seiki Co., Ltd.Nippon Seiki acquires Denso's HUD business, expanding its product portfolio and market presence.
DENSO CORPORATIONDenso sells its HUD business, losing a product line and related assets.
