DENSO Corporation has applied for the tender offer on shares of Toyota Industries Corporation, with the planned purchase price increased to 18,800 yen per share (totaling 278.7 billion yen), scheduled to be conducted from January 15 to February 12, 2026, and a special gain expected of 252.4 billion 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6902","jir_company_name":"DENSO Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/6902-20260114-01.pdf","jir_short_summary":"DENSO Corporation has applied for the tender offer on shares of Toyota Industries Corporation, with the planned purchase price increased to 18,800 yen per share (totaling 278.7 billion yen), scheduled to be conducted from January 15 to February 12, 2026, and a special gain expected of 252.4 billion yen.","jir_summary":"### Outline of the Tender Offer\nAs announced on June 3, 2025, DENSO Corporation has decided to apply all its shares of Toyota Industries Corporation to the tender offer conducted by Toyota Real Estate. The planned purchase price has been raised from 16,300 yen to 18,800 yen per share, and the planned total sales amount increased from 241.6 billion yen to 278.7 billion yen. The tender offer period is now fixed from January 15 to February 12, 2026, with the settlement start date set for February 19, 2026.\n\n### Impact on Earnings and Future Outlook\nIf the tender offer is completed at the planned purchase price and all held Toyota Industries common shares are sold during the fiscal year ending March 2026, a special gain of 252.4 billion yen from investment securities sales profit is expected to be recorded in the individual financial statements for the fiscal year ending March 2026. This is expected to have a significant positive impact on earnings for the period. Updates on the tender offer progress will be promptly disclosed going forward.","jir_financial_highlights":"Tender Offer Planned Purchase Price (per common share): 18,800 yen (Increase from previous 16,300 yen)\nPlanned Total Sales Amount: 278.7 billion yen (Increase from previous 241.6 billion yen)\nSpecial Gain (Investment Securities Sales Profit): 252.4 billion yen (Increase from previous 215.3 billion yen)\nTender Offer Period: From January 15, 2026 to February 12, 2026 (Previously undecided, now confirmed)","jir_category":"","jir_hashtags":"#DENSOCorporation, #TenderOffer, #TOB, #JapaneseStocks","jir_key_figures":"Planned Purchase Price: 18,800 yen per share (post-change)\nPlanned Total Sales Amount: 278.7 billion yen (post-change)\nExpected Special Gain: Investment securities sales profit of 252.4 billion yen (Fiscal Year Ending March 2026)","jir_meta_title":"DENSO Corporation Raises Tender Offer Price for Toyota Industries Shares to 18,800 Yen per Share with Expected Special Gain of 252.4 Billion Yen","jir_meta_description":"DENSO Corporation has applied to the tender offer for Toyota Industries shares, revising the purchase price to 18,800 yen per share. The total sales amount is 278.7 billion yen, with an expected special gain of 252.4 billion yen in the fiscal year ending March 2026. The tender offer period is from January 15 to February 12, 2026.","jir_og_title":"DENSO Corporation Announces Increase in TOB Price for Toyota Industries Shares","jir_og_description":"Toyota Industries\u2019 tender offer price has been revised to 18,800 yen per share. A special gain of 252.4 billion yen is expected. The tender offer period is January 15 to February 12, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6860,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-19120","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n