JTEKT Corporation

2026/08/23 Updated
Market Cap: $4.2B (¥661.3B)
Stock Price: $13.07 (¥2,078)
Exchange Rate: 1 USD = ¥158.98

(Progress of Disclosure Items) Notice Regarding Application for Tender Offer and Expected Special Gains in Our Individual Financial Statements

The planned purchase price for the tender offer was revised from 18,800 yen to 20,600 yen per common share, increasing the total planned sale amount from 37.6 billion yen to 41.2 billion yen. The tender offer period has been extended from February 12, 2026, to March 23, 2026.

Importance:
Page Updated: March 9, 2026
IR Disclosure Date: March 9, 2026

Key Figures

  • Planned purchase price per common share: 20,600 yen (previously 18,800 yen)
  • Total planned sale amount: 41.2 billion yen (previously 37.6 billion yen)
  • Expected recognition of special gains: 37.7 billion yen (previously 34.1 billion yen)

AI要約

Overview and Changes of the Tender Offer

JTEKT Corporation has resolved to apply for the tender offer on the common shares of Toyota Industries Corporation. The planned purchase price for the tender offer was raised from the previous 18,800 yen per share (total planned sale amount of 37.6 billion yen) to 20,600 yen per share (total planned sale amount of 41.2 billion yen). Additionally, the tender offer period has been extended from February 12, 2026, to March 23, 2026, and the settlement start date changed from February 19, 2026, to March 30, 2026.

Expected Recognition of Special Gains in Individual Financial Statements

If this tender offer is successful at the planned purchase price, and all common shares of Toyota Industries Corporation held by our company are sold within the fiscal year ending March 2026, we expect to record special gains of 37.7 billion yen as gain on sale of investment securities in the individual financial statements for the fiscal year ending March 2026. This amount represents an increase from the previous 34.1 billion yen.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

JTEKT Corporation

Company overview · Stock price · Financial data · All IR

View company page →