From Yahoo Finance: 2025-06-04 11:05:00

Toyota Group is privatizing Toyota Industries Corporation through a tender offer and restructuring. A new holding company will be formed, with Toyota Fudosan investing Y180bn and Akio Toyoda contributing Y1bn. Toyota Motor will invest Y700bn in non-voting preferred shares, funded by reinvesting proceeds from the sale of Toyota Industries shares.

Toyota Motor, AISIN, Denso, and Toyota Tsusho will sell their Toyota Industries shares and acquire their own shares through tender offers. This move ends cross-shareholding arrangements, except Toyota Motor’s investment in Toyota Industries via preferred shares. Toyota Group aims to become a mobility company, focusing on moving people, goods, information, and energy.

Toyota Industries is concentrating on goods, developing autonomous technologies for logistics equipment, logistics management software, and eco-friendly powertrains. The privatisation strengthens collaboration within Toyota Group, aiming to position Toyota Industries as a key player in the mobility sector for goods. Toyota Group companies have been reviewing their capital relationships since fiscal year 2023 to support sustained growth and enhance competitiveness in the mobility sector.

Read more: Toyota Group initiates privatisation of Toyota Industries