Toyoda Gosei extends tender offer for Ashimori Industry shares

Toyoda Gosei announced today an extension of its tender offer for Ashimori Industry Co., Ltd. shares. The offer period, initially set to conclude on September 24, 2025, has been extended to October 16, 2025, increasing the total offer duration to 45 business days. This decision aims to provide shareholders with additional time to evaluate the offer.

The offer price of ¥4,140 per share remains unchanged. Toyoda Gosei believes it adequately reflects Ashimori Industry's value and offers shareholders a reasonable opportunity to sell their common stock. Consequently, the payment commencement date has also been adjusted from September 30, 2025, to October 22, 2025.

The extended offer period is designed to provide sufficient time for shareholders to make informed decisions and for potential competing bidders to emerge.