Toyota Tsusho boosts Australian investment, subsidiary reclassified
Toyota Tsusho Corporation will inject up to A$79 million into TOYOTA TSUSHO (AUSTRALASIA) PTY. LTD. (TTALA) on December 24, 2025 (Japan time). This strategic move aims to expand mobility businesses in Australia, a region where TTALA serves as a key base for Toyota Tsusho. Following this capital increase, TTALA's capital will reach a maximum of A$80 million.
As a direct result of this additional investment, TTALA's capital will exceed 10% of Toyota Tsusho's own capital, thereby reclassifying TTALA as a "specified subsidiary." Established in September 1992, TTALA is a trading company dealing in multiple products, headquartered in Melbourne, Victoria, Australia. Qing Zhang currently serves as its representative director.
Toyota Tsusho directly owns 100% of TTALA's outstanding shares and dispatches two officers and employees to the subsidiary, which is involved in the sale and purchase of goods. The company anticipates that this transaction will have a minor impact on its consolidated performance and financial position for the fiscal year ending March 2026.
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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