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Toyota Industries Corp streamlines Aichi subsidiary, modifies stake

April 21, 2025 at 08:02 AM UTCBy FilingReader AI

Toyota Industries Corporation (TSE:6201) has announced the completion of a tender offer by its subsidiary, Aichi Corporation (TSE:6345), alongside a strategic shift in its relationship with the company. As a result of the tender offer, Toyota Industries' stake in Aichi Corporation has decreased, and Aichi will transition from a subsidiary to an affiliate subject to the equity method on May 14, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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