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 Sanfrecce Hiroshima 56 17 5 5 42 21 +21
2 Kawasaki Frontale 52 16 4 6 42 20 +22
3 FC Tokyo 43 12 7 8 34 25 +9
4 Kashima Antlers 42 12 6 9 37 34 +3
5 Cerezo Osaka 41 10 11 6 34 30 +4
6 Vegalta Sendai 41 12 5 10 36 38 -2
7 Consadole Sapporo 41 11 8 7 35 38 -3
8 Urawa Reds 38 10 8 9 37 27 +10
9 Vissel Kobe 36 10 6 11 33 35 -2
10 Shimizu S-Pulse 34 10 4 13 38 40 -2
11 Jubilo Iwata 33 8 9 10 29 37 -8
12 Yokohama Marinos 32 9 5 13 45 46 -1
13 Nagoya Grampus 31 9 4 13 43 48 -5
14 Shonan Bellmare 31 8 7 11 31 36 -5
15 Sagan Tosu 30 7 9 11 22 28 -6
16 Kashiwa Reysol 30 9 3 15 33 42 -9
17 Gamba Osaka 30 8 6 13 29 39 -10
18 V.Varen Nagasaki 27 8 3 16 32 48 -16

J2 Standings

. Team Pts W D L GF GA G.Dif.
1 Yamaga 56 16 8 5 42 26 +16
2 Zelvia 53 15 8 5 48 34 +14
3 Trinita 51 15 6 8 50 35 +15
4 YokohamaFC 49 13 10 5 42 32 +10
5 Ardija 47 14 5 10 47 34 +13
6 Verdy 46 12 10 7 39 29 +10
7 Avispa 46 13 7 7 37 27 +10
8 Fagiano 44 12 8 9 31 27 +4
9 Renofa 43 11 10 7 47 46 +1
10 Vortis 41 12 5 12 35 29 +6
11 Montedio 40 11 7 10 34 35 -1
12 Hollyhock 39 11 6 12 34 32 +2
13 TochigiSC 38 10 8 11 29 33 -4
14 Ventforet 37 10 7 12 45 37 +8
15 Zweigen 36 9 9 11 36 37 -1
16 JEF United 35 10 5 14 49 56 -7
17 EhimeFC 33 9 6 14 24 38 -14
18 FC Gifu 32 9 5 15 36 43 -7
19 Albirex 29 8 5 16 30 45 -15
20 Roasso 26 7 5 17 37 55 -18
21 Sanga 25 7 4 17 25 41 -16
22 Kamatamare 24 6 6 16 23 49 -26

J3 Standings

. Team Pts W D L GF GA G.Dif.
1 FCRyukyu 35 10 5 3 35 20 +15
2 Azul Claro 32 9 5 3 19 9 +10
3 KagoshimaU 31 8 7 3 26 17 +9
4 FukushimaU 28 6 10 2 21 18 +3
5 Gainare 27 8 3 7 24 23 +1
6 Gamba U23 26 7 5 6 31 25 +6
7 Thespa 25 7 4 7 18 21 -3
8 Cerezo U23 24 6 6 6 24 23 +1
9 Blaublitz 24 7 3 8 17 16 +1
10 YSCC 23 5 8 5 26 22 +4
11 Sagamihara 23 6 5 6 29 27 +2
12 Grulla 23 7 2 9 22 30 -8
13 Parceiro 22 5 7 6 23 23 0
14 FujiedaMyFC 21 6 3 8 18 22 -4
15 Kataller 20 6 2 10 21 32 -11
16 Giravanz 14 3 5 9 13 27 -14
17 FCTokyo U23 13 3 4 11 18 30 -12