Nissan Motor Chairman Carlos Ghosn has been arrested by the Tokyo District Public Prosecutors' Office on charges of reducing compensation, drawing keen attention from the Nissan and Renault unions.
This is because he has been the centerpiece of the Renault-Nissan alliance, as well as the chairman of Nissan and Mitsubishi Motors.사설토토
The French and Japanese governments are wary of the spread of scenarios such as disputes between the two companies and the Japanese management, which are raised in and out of the industry due to the arrest of Chairman Gon.
French Finance Minister Bruno Lemer and Japanese Economy Minister Hirosey Ceko strongly supported the alliance of Renault and Nissan, one of the greatest symbols of industrial cooperation between France and Japan.
Nevertheless, industry analysts say that there is a fierce battle between the two companies and the two countries to secure the leadership of the Nissan-Runo alliance.
The news that the arrest of Chairman Gon was made at a time when he and the French government began to integrate the management of Renault and Nissan in earnest is also contributing to the prediction.
The Nihon Keizai Shimbun reported on Sept. 19 at a board meeting at the company's headquarters in Yokohama, Kanagawa, that Chairman Gon should start discussing capital relations with Renault.
It`s a trap dug by Chairman Gon. "The start of discussion is a plan to start a business integration with Renault at once."
It is reported that within Nissan, the confrontation between Chairman Gon and his Japanese counterparts was intense.
Currently, Renault shares 43.4 percent and Nissan 15 percent respectively.
The two companies are emphasizing 'equal spirit' for mutual investment. But according to French law, Nissan's Renault shares have no voting rights.
Nissan has no choice but to worry that the merger will result in Renault losing control.
However, the sales of the two companies are the opposite of the equity market.
As of Wednesday, Nissan`s market capitalization stood at 4.24.3 trillion yen, nearly double Renault`s 17.46 billion euros.
Thus, the integration leads to a one-sided favorable outcome for Renault to secure management control of Nissan and Mitsubishi.