Nippon Seiki (7287) said its Dutch subsidiary, Nippon Seiki (Europe) B.V., signed a contract on September 1, 2026, to sell the automotive embedded-software development business it runs out of Gdansk, Poland, to FPT Poland Sp. z o.o., a unit Vietnam's FPT Group set up in Poland on July 22, 2026. The transfer is scheduled to close on October 2, 2026.
| Item | Detail |
|---|---|
| Seller | Nippon Seiki (Europe) B.V. (Netherlands) |
| Buyer | FPT Poland Sp. z o.o. (Gdansk, Poland) |
| Business transferred | Automotive embedded-software development |
| Employees affected | Approximately 50 |
| Transfer price | Undisclosed under confidentiality agreement |
| Contract signed | September 1, 2026 |
| Planned closing | October 2, 2026 |
About 50 employees go with the business. Nippon Seiki did not disclose the sale price or the unit's revenue and assets, citing a confidentiality agreement with FPT.
FPT Poland's ownership traces straight back to Tokyo: FPT Japan Holdings Co., Ltd. holds 99.9975% of the new company, with FPT Software Japan Co., Ltd. holding the remaining 0.0025%. Its registered capital is PLN 4,000,000. FPT Group already does software-development work with Nippon Seiki in multiple regions, and Nippon Seiki said it plans to keep buying embedded-software services from FPT Poland after the handover.
Nippon Seiki framed the sale as "selection and concentration" under the medium-term plan it is running for the year to March 2025 through the year to March 2027, which prioritizes growing and improving the profitability of its head-up-display business. The Gdansk unit sat inside a European subsidiary that also sells and designs instrument clusters for cars and motorcycles, and the company said the unit no longer fit that focus. Shedding it, Nippon Seiki said, should help optimize resources and streamline operations across its European footprint.
Nippon Seiki said the earnings hit from the sale will be minor. The disclosure itself is voluntary: the company said the matter does not meet the Tokyo Stock Exchange's criteria for mandatory timely disclosure, and it disclosed the deal anyway because it judged the information useful, omitting some items as a result.
For readers tracking how Japanese manufacturers restructure their European engineering footprints, the move is a small but clean data point: a listed Tokyo supplier is handing an in-house software team to a Vietnamese IT group's freshly formed Polish entity rather than running it directly, while keeping the same work on tap as an outsourced service going forward.