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Elliott rejects takeover offer for Toyota Industries and urges shareholders to withdraw
Elliott Investment Management said it will not tender its shares in the extended takeover offer for Toyota Industries and urged other shareholders to follow suit and withdraw shares they have already tendered. Elliott criticized the offer price as too low and opposed the consortium of Toyota Motor companies that seeks to take the forklift maker private. Toyota Industries’ stock rose 2.33% to ¥20,450 after the announcement; the consortium had previously raised its offer from ¥16,300 to ¥18,800 and extended the acceptance period. » More on de.investing.com
Elliott increases stake in Toyota Industries to 6.65%
Elliott Investment Management has raised its stake in Toyota Industries from 5.01% to 6.65%, according to a mandatory filing with financial regulators. Toyota Industries is part of the Toyota Group and manufactures automotive parts, textile machines and material handling equipment. » More on de.investing.com
Elliott rejects Toyota's takeover offer for Toyota Industries and sees fair value above 25,000 yen
Elliott Investment Management has rejected Toyota Motor's revised takeover offer for Toyota Industries. The offered price of 18,800 yen per share is "very clearly too low," and Elliott estimates the fair value of the stock at over 25,000 yen. Toyota Motor had increased its original bid but still failed to convince the investor. » More on de.investing.com
Toyota raises takeover offer for Toyota Industries to 18,800 yen per share
Toyota Motor has raised its takeover offer for Toyota Industries to 18,800 yen per share, 2,500 yen above the original June proposal. The move aims to take the forklift maker, including its engine supplies to Toyota, off the stock market and strengthens the founding family's control; Toyota Fudosan and Akio Toyoda are also involved. The offer runs from Jan. 15 to Feb. 12 and is attracting international interest against the backdrop of Japanese corporate governance reforms. » More on de.investing.com
Elliott presses investors to support a higher bid for Toyota Industries
Activist investor Elliott Investment Management is contacting Japanese asset managers and institutional investors to pressure the Toyota group to raise its $30 billion offer to acquire and delist Toyota Industries. Elliott is seeking a bloc of institutional backers to force an improved bid. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | March 2026 | YoY |
|---|---|---|
| Revenue | 6.55B | - |
| Gross profit | 1.49B | - |
| Net profit | 200.43M | - |
| EBITDA | 809.18M | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €34.66B |
Number of shares | 300.47M |
52-week high/low | €117.14 - €90.12 |
| Dividends | No |
Beta | 0.51 |
P/E ratio | 27.46 |
PEG ratio | -2.13 |
P/B ratio | 0.91 |
P/S ratio | 1.41 |
Company profile
Toyota Industries Corporation manufactures and sells automobiles, material handling equipment, textile machinery, and others in Japan and internationally. The company operates through Automobile, Materials Handling Equipment, and Textile Machinery segments. It provides vehicles; gas, gasoline, and diesel engines for automobiles, industrial equipment, turbochargers, and foundry parts; car air-conditioning compressors; car electronics comprising DC-DC converters, rear inverters, direct-cooling devices, DC-AC inverters, and charging systems; and stamping dies consists of automotive and lift truck stamping dies. The company also offers counterbalanced lift trucks, electric reach trucks, skid steer loaders, tow tractors, and electric tow tractors; stationary/fixed type racks, nesting pallets, mobile racks, and automated storage and retrieval systems; automatic guided vehicle systems, high speed rail guided vehicle systems, and automatic guided lift and pallet trucks. In addition, it provides spinning machines consisting of ring spinning and roving frames; weaving machinery; and cotton classing and yarn testing instruments, as well as leases materials handling systems and industrial equipment. Further, the company offers aerial work platforms; in-house transporters; software; and funding, loan, and other financial services. Additionally, it is involved in the operation of sports facility and nursing homes; real estate leasing; trucking, warehousing, distribution consulting; building management, construction, and real estate; travel agency, renovation, sale of tube amplifiers, and organizing and running of events; personnel placement, contract office staffing, and patent investigation; management and operation of employee clubs and restaurant management; administrative processing for payroll accounting; and contract manufacturing of electronic devices, as well as sale of hardware. The company was incorporated in 1926 and is headquartered in Kariya, Japan.
| Name | Toyota Industries Co. |
| CEO | Akira Ito |
| Headquarters | Kariya,
Japan |
| Website | |
| IPO | 01/01/2001 |
| Employees | 77,897 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Pnk | TYIDF |
Japan Exchange Group | 6201.T |
Frankfurt | TAH.F |
Düsseldorf | TAH.DU |
München | TAH.MU |