Toyota Completes Privatization Acquisition of Toyota Industries in Historic $45 Billion Deal

[Major Investment] The Toyota Group has completed the privatization acquisition of Toyota Industries for JPY 6.7 trillion, marking the largest such deal in Japanese history.

Core Development: Acquisition Led by Kenta Kon and Championed by Akio Toyoda Comes to Fruition

After three rounds of price increases, Toyota raised its offer from JPY 16,300 per share to JPY 20,600 per share, ultimately securing support from key shareholder Elliott Management. As of March 23, over 191 million shares had been tendered—well exceeding the threshold required for privatization.

Key Figures: Total Consideration Reaches JPY 6.7 Trillion (Approx. RMB 291.29 Billion)

The acquisition was jointly funded by Toyota Motor Corporation, Denso, Aisin, Toyota Tsusho, and Akio Toyoda personally, executed through a newly established holding company named Toyota Asset Preparation Company to consolidate equity ownership.

Strategic Rationale: Strengthening Control Over Cutting-Edge Technologies and Supply Chain

Following the transaction, Toyota Industries will be delisted from the Tokyo Stock Exchange, enabling Toyota to secure dominant control over critical components in the intensifying competition in electrification and intelligent mobility.