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Toyota Tsusho to Tender Shares in Toyota Industries for Strategic Gain

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Toyota Tsusho to Tender Shares in Toyota Industries for Strategic Gain

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Toyota Tsusho ( (JP:8015) ) has shared an update.

Toyota Tsusho Corporation has decided to tender all its shares in Toyota Industries Corporation as part of a strategic move to reduce cross-shareholdings. This decision is expected to result in an extraordinary gain of 212.8 billion yen in Toyota Tsusho’s non-consolidated financial statements for the fiscal year ending March 31, 2026, although it will not affect the consolidated financial results due to the adoption of International Financial Reporting Standards.

The most recent analyst rating on (JP:8015) stock is a Sell with a Yen2500.00 price target. To see the full list of analyst forecasts on Toyota Tsusho stock, see the JP:8015 Stock Forecast page.

More about Toyota Tsusho

Toyota Tsusho Corporation operates in the automotive-related business sector, focusing on building and maintaining collaborative relationships within the industry. The company is involved in various sectors, including metals, machinery, chemicals, and food, with a significant emphasis on automotive components and services.

Average Trading Volume: 2,158,447

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen3237.1B

See more insights into 8015 stock on TipRanks’ Stock Analysis page.

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