Brief: Kanadevia Corp: To Transfer All-Solid-State Lithium-Ion Batteries Business To Suzuki Motor As Of July 1

SUZUKI MOTOR

04/03/2026 06:33

March 4 (Reuters) - Kanadevia Corp 7004.T:

KANADEVIA CORP - TO TRANSFER ITS ALL-SOLID-STATE LITHIUM-ION BATTERIES BUSINESS TO SUZUKI MOTOR AS OF JULY 1

KANADEVIA CORP - TRANSFER PRICE IS NOT DISCLOSED DUE TO CONFIDENTIALITY OBLIGATIONS, SETTLEMENT METHOD IS CASH

KANADEVIA CORP - TO BOOK 7.4 BILLION YEN GAIN AS EXTRAORDINARY INCOME FROM THE SALE

Source text: ID:nTSod8c6c7

Further company coverage: 7004.T

 (Reporting by Kantaro Komiya)

 ((Kantaro.Komiya@thomsonreuters.com;))