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Toyota Industries Announces Change in Subsidiary Status for AICHI CORPORATION

Story Highlights
  • Toyota Industries focuses on manufacturing vehicles and equipment for various sectors.
  • AICHI CORPORATION will cease to be a subsidiary of Toyota Industries by May 14, 2025.
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Toyota Industries Announces Change in Subsidiary Status for AICHI CORPORATION

Toyota ( (JP:6201) ) just unveiled an announcement.

Toyota Industries Corporation announced the results of a tender offer by its subsidiary, AICHI CORPORATION, for its own shares. Following the tender offer, AICHI will no longer be a subsidiary of Toyota Industries as of May 14, 2025, marking a significant change in the company’s corporate structure and shareholder composition.

More about Toyota

Toyota Industries Corporation operates in the manufacturing sector, primarily focusing on producing vehicles and equipment for various industries, including electric utilities, telecommunications, construction, cargo handling, shipbuilding, and rail. The company is listed on the Tokyo and Nagoya Stock Exchanges.

YTD Price Performance: 11.29%

Average Trading Volume: 958

Technical Sentiment Signal: Sell

Current Market Cap: $27.25B

See more data about 6201 stock on TipRanks’ Stock Analysis page.

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