TOKYO -- As Honda Motor and Nissan Motor begin talks on a merger, a new Nikkei tabulation shows that negotiations on a share transfer ratio are likely to start at around 5-to-1.
Market caps seen as main factor in shareholder stakes in new holding company

Honda and Nissan would become subsidiaries of a new holding company under the planned integration, with the merger ratio to be decided in June. (Photos by Kazuhiro Noguchi)
TOKYO -- As Honda Motor and Nissan Motor begin talks on a merger, a new Nikkei tabulation shows that negotiations on a share transfer ratio are likely to start at around 5-to-1.