Toyota Tsusho Corporation
Notice Regarding Changes to a Specified Subsidiary
Toyota Tsusho Corporation has decided to increase the capital of its consolidated subsidiary TOYOTA TSUSHO (AUSTRALASIA) PTY. LTD. by up to AUD 79 million (JPY 8,086 million), raising its capital to a maximum of AUD 80 million (JPY 8,188 million), thereby classifying it as a specified subsidiary.
Key Figures
- Number of Issued Shares: Unknown
- Issue Price: Unknown
- Amount Procured: JPY 8,086 million
- Dilution Rate: Unknown
- Paid-in Amount: JPY 8,086 million
- Allottee: Unknown
AI要約
Overview of Capital Policy
Toyota Tsusho Corporation has decided to implement a capital increase of up to AUD 79 million (JPY 8,086 million) in its consolidated subsidiary TOYOTA TSUSHO (AUSTRALASIA) PTY. LTD. (TTALA). As a result, TTALA's capital will be raised to a maximum of AUD 80 million (JPY 8,188 million). The precise number of shares to be issued and the issue price are not disclosed, but it is clearly stated that the paid-in amount is paid. Due to the capital increase, TTALA's capital amount exceeds 10% of Toyota Tsusho Corporation's capital, classifying it as a specified subsidiary.
Impact on Shareholders and Use of Funds
Since Toyota Tsusho Corporation's equity ratio remains at 100% after this capital increase, no shareholder dilution will occur. The total number of issued shares and shares after the capital increase are not disclosed, so the exact dilution rate cannot be determined. The funds are intended for further expansion of the mobility business in Australia.
