Proposal by the Chairman of the Board of Toyota Motor Corp. Akio Toyoda on the buyout of Toyota Industries Corp. for 4.7 trillion yen ($31.3 billion), it was postponed due to an excessively long approval process in accordance with the antimonopoly laws of various countries. This is reported in a press release from Toyota Industries.
The bidding was supposed to start in December 2025, but it is unlikely to start until February 2026. According to a statement from Toyota Industries, at the moment, permits have only been obtained in Australia, Canada, Israel and South Africa, and "the remaining permits are still under review, and completion of all procedures is expected in mid-January 2026 or later."
Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. They will jointly provide Toyota Motor with a loan of 2.8 trillion yen ($21 billion) to finance the deal.
A.Toyoda will personally invest 1 billion yen in a holding company that will be created to privatize Toyota Industries and will be primarily owned by Toyota Fudosan Co., an unregistered real estate company managed by A.Toyoda.
In May 2025, Toyota Industries announced its readiness to accept the offer of Toyota Motor, which, together with its subsidiaries, owns 38% of Toyota Industries shares.
The deal is aimed at strengthening control over one of the largest Japanese companies amid a growing trend in the M&A sector and in line with the trend towards reducing the number of listed subsidiaries at the request of the Tokyo Stock Exchange and activist shareholders. The deal is in the interests of the Japanese government to end cross-ownership of shares.
Toyota Motor Corp. — Japanese Automobile Corporation. The company also provides financial services and is the largest publicly traded automotive company in the world. The headquarters is located in the city of Toyota (Japan). With a capital of 42.5 trillion yen, Toyota is the second most valuable car company in the world after Tesla Inc.
Toyota Industries is a Japanese manufacturer of automatic looms, compressors for automotive air conditioners, automobiles, engines, electronics, and handling equipment. The headquarters is located in the city of Kariya (Japan).
Read also in our Telegram channel "Mergers and acquisitions. AK&M».
