Toyota Industries Says Toyota Group Company to Become Parent

MorningStar
2026.03.24 07:56
portai
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Toyota Industries announced that its real-estate arm, Toyota Fudosan, will become its parent company after a successful tender offer. Toyota Fudosan will acquire a 63.6% stake in Toyota Industries, which will subsequently be delisted as it moves to eliminate all shareholders except itself and Toyota Motor, another significant shareholder.