Decision to Delist Due to Share Consolidation｜May 2026

Overview of Share Consolidation and Delisting

Toyota Industries Corporation approved the share consolidation and partial amendment to its articles of incorporation at its Extraordinary General Meeting of Shareholders on May 12, 2026, setting the consolidation ratio at 74,100,604 shares into 1 share. As a result, the issued share count will be reduced to 4 shares, and delisting from the Tokyo Stock Exchange and Nagoya Stock Exchange is scheduled for June 1, 2026. The fractional shares resulting from consolidation will be sold and cash payments will be made. The articles of incorporation will also be amended concurrently to reflect the consolidation and delisting, with adjustments to shareholder rights and trading rules.

Schedule and Impact on Shareholders

The effective date of the consolidation is June 3, 2026, after which procedures for fractional share sales and cash distributions will commence. Sales will be conducted from late June to early July 2026, with payments expected in late August. Shareholders should be aware that this will affect share liquidity and result in delisting, requiring prior understanding and preparation. While liquidity will be lost due to consolidation, the sale of fractional shares will help mitigate shareholder losses.