➀ Honda and Nissan terminated their merger discussions due to significant differences in expectations for the combined company;

➁ The proposed holding company would have been named Honda Corporation without any reference to Nissan;

➂ Honda expected Nissan to lay off 40,000 of its 130,000 employees;

➃ The valuation ratio of the two companies was 5:1;

➄ Honda would appoint the president of the holding company and the majority of its internal and external directors;

➅ Nissan would become a subsidiary of Honda;

➆ Nissan could not persuade Honda of the feasibility of its turnaround plan.

➀ Nissan and Honda have suspended their merger talks;

➁ The talks failed to agree on valuations and Honda's desire for Nissan to become a subsidiary;

➂ The MoU aimed to establish a joint holding company by August 26th, but has now been scrapped.

➀ Honda unveiled two new electric vehicles at CES 2025: the Honda 0 Saloon and the Honda 0 SUV.

➁ A partnership with Renesas was announced, focusing on advanced processors for supporting advanced vehicle and AI functions.