Created: Monday, 10 October 2016 Written by JSoccer Magazine

Is Mitsubishi Selling Out?

Well no . . . not exactly. But there has been a fairly substantial transfer of shares in the Urawa Reds, even if most of the shareholdings ARE being kept inside the Mitsubishi Group.

Mitsubishi Motors in Reds Sell-off*

In actual fact, the news reported on Monday is not as much of a shock as the above title might suggest. There is no crisis at Reds but there has been a change of ownership, with Mitsubishi Motors drastically cutting its stake in Urawa. The reason behind this "sell-off" is more to do with the fact that Mitsubishi Motors recently was acquired by Nissan Motor - who, of course, are a major power at Yokohama F•Marinos. According to the rules of ownership in the J.League's playbook, a company can not have a major shareholding in more than one club. Since Nissan will now become the direct owner of Mitsubishi Motors, the latter club cannot remain as the major power behind Urawa Reds. Something had to be done to stay within the rules.


It appears that the Mitsubishi Group was reluctant to part ways with a club that takes its full name (Red Diamonds) directly from the "Three Diamonds" logo used by the Mitsubishi Group. Therefore, while Mitsubishi Motors must part with the majority of its shares in the Urawa Reds, most of those shares will be transferred to Mitsubishi Heavy Industries. Although the two companies unwound their cross-shareholdings years ago, and now have only nominal capital ties, the trading company Mitsubishi Corporation still had significant stakes in both companies until the Nissan deal was announced, and group companies continue to collaborate in many areas, both business-related and "peripheral", such as social contributions, sporting activities and so on.

In the long run this will probably not affect the Reds beyond the specific brand name used on their shirts, but we thought there'd be someone out there interested!

Link to the Japanese language article is here:
http://www3.nhk.or.jp/news/html/20161010/k10010724541000.html

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J1 Standings

 

. Team Pts W D L GF GA G.Dif.
1 Cerezo 44 13 5 3 43 22 +21 
2 Antlers 43 14 1 5 33 19 +14 
3 Reysol 38 12 2 6 31 21 +10 
4 Marinos 37 11 4 5 27 17 +10 
5 Frontale 36 10 6 4 36 23 +13 
6 Gamba 35 10 5 5 34 20 +14 
7 Jubilo 34 10 4 6 32 20 +12 
8 Reds 30 9 3 9 47 38 +9 
9 Sagan 30 8 6 6 24 23 +1 
10 Vissel 29 9 2 9 24 26 -2 
11 Tokyo 27 7 6 7 26 23 +3 
12 SPulse 22 5 7 8 24 29 -5 
13 Vegalta 22 6 4 10 23 38 -15 
14 Ventforet 19 4 7 9 11 22 -11 
15 Consadole 19 5 4 11 19 31 -12 
16 Ardija 16 4 4 12 19 37 -18 
17 Sanfrecce 14 3 5 12 19 34 -15 
18 Albirex 9 2 3 15 13 42 -29

J2 Standings

. Team Pts W D L GF GA G.Dif.
1 Bellmare 53 16 5 5 31 21 +10
2 Avispa 52 16 4 6 37 20 +17
3 V.Varen 44 13 5 8 33 28 +5
4 Vortis 43 12 7 7 38 24 +14
5 YokoFC 41 12 5 9 36 26 +10
6 Trinita 41 11 8 7 35 29 +6
7 Fagiano 41 11 8 7 31 29 +2
8 Grampus 40 12 4 9 38 35 +3
9 Yamaga 39 11 6 9 37 21 +16
10 JEF Utd. 39 11 6 9 42 37 +5
11 Hollyhock 39 10 9 7 31 30 +1
12 Montedio 38 10 8 8 24 29 -5
13 Verdy 37 10 7 9 37 32 +5
14 Sanga 36 9 9 8 36 32 +4
15 Zelvia 35 9 8 9 33 30 +3
16 EhimeFC 35 10 5 10 32 34 -2
17 FC Gifu 29 7 8 11 36 40 -4
18 Zweigen 29 8 5 13 26 43 -17
19 Roasso 26 7 5 14 28 40 -12
20 Renofa 19 5 4 17 26 38 -12
21 Kamatamare 17 3 8 15 28 43 -15
22 Thespa 14 4 2 20 16 50 -3

J3 Standings

. Team Pts W D L GF GA G.Dif.
1 Blaublitz 37 11 4 2 30 13 +17
2 Kataller 35 10 5 2 22 9 +13
3 Azul Claro 34 10 4 3 40 16 +24
4 TochigiSC 30 8 6 3 18 13 +5
5 Kagoshima 28 9 1 7 23 16 +7
6 Parceiro 28 7 7 3 15 10 +5
7 Giravanz 27 8 3 6 23 16 +7
8 FC Ryukyu 25 6 7 4 21 19 +2
9 Fujieda MyFC 25 7 4 6 21 24 -3
10 Fukushima 20 6 2 9 18 28 -10
11 Sagamihara 19 4 7 6 13 17 -4
12 Tokyo U23 19 5 4 8 17 22 -5
13 Gainare 17 4 5 8 19 30 -11
14 Grulla 15 3 6 8 16 23 -7
15 Gamba U23 13 4 1 12 10 27 -17
16 Cerezo U23 12 2 6 9 18 28 -10
17 YSCC 10 2 4 10 15 28 -13