Toyota Industries Corporation
Notice Regarding Changes to Tender Offer Conditions for Toyota Industries Corporation (Securities Code: 6201)
Toyota Asset Preparation Corporation, the offeror, announced an extension of the tender offer period for the target shares until March 2, 2026, and as of February 12, 2026, approximately 99,445,000 shares (33.10%) had been tendered.
Key Figures
- Tender Offer Period after Extension: January 15, 2026 – March 2, 2026 (31 business days)
- Number of Tendered Shares: Approximately 99,445,000 shares (33.10%)
- Tender Offer Price: 16,300 yen (no change)
AI要約
Overview of Changes to Tender Offer Conditions
Toyota Asset Preparation Corporation has been conducting a tender offer for ordinary shares of Toyota Industries Corporation since January 15, 2026. On February 12, 2026, the tender offer period was extended from the original 20 business days to 31 business days, now ending on March 2, 2026. This extension aims to provide shareholders with additional time to decide whether to tender shares and to increase the likelihood of the tender offer's success. The tender offer price remains unchanged at 16,300 yen.
Impact on Shareholders and Future Outlook
As of February 12, 2026, approximately 99,445,000 shares (33.10%) have been tendered. Shareholders may withdraw their tender at any time during the tender offer period. The tender offer is conducted in accordance with Japan's Financial Instruments and Exchange Act, ensuring opportunities for competing acquisition proposals. The settlement start date has been changed to March 9, 2026. Shareholders are advised to review the tender offer memorandum carefully and make their own judgment about participation.