Aisin delays share buyback, ties to Toyota Industries acquisition
Aisin Corporation announced a delay in its treasury share tender offer, now anticipated to commence in March 2026 or later, pushing back from the previously estimated mid-January 2026. This revised schedule is a direct result of ongoing regulatory procedures related to Toyota Fudosan's tender offer for Toyota Industries Corporation, which must be completed and settled before Aisin's own share buyback can proceed.
The company's board had initially approved the treasury share acquisition on April 25 and June 3, 2025, authorizing the repurchase of up to 130,000,000 shares (17.2% of outstanding shares) or 120,000,000,000 yen between May 1, 2025, and March 31, 2026. As of September 30, 2025, Aisin has already repurchased 20,139,800 shares totaling 42,156,678,790 yen through market purchases.
The current acquisition period for treasury shares concluded on September 30, 2025, seeing the company buy back 3,455,000 shares for 8,893,200,474 yen. Aisin plans to make a formal decision on the tender offer as soon as practical after the Toyota Industries acquisition's settlement and will promptly notify shareholders of any further changes to the timeline or conditions.
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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