Sunday 27/April/2025 – 04:03 PM
Informed sources reported that the Chairman of the Board of Directors of Toyota Motor, Akio Toyoda, proposed the purchase of Toyota Industries, in an effort to enhance his grip on the largest business empire in Japan, in light of a wave of integration and acquisitions that control the country.
Toyota is considering investing in a potential purchase of $ 42 billion for Toyota Industries
One of the sources said, according to Reuters, the proposal estimates the value of the Toyota Industries, which manufactures the toyota and spare parts of Toyota, at 6 trillion yen ($ 42 billion), an increase of approximately 40% over its market value when closed on Friday.
The source added that the Toyota Industries company, which was founded by Sakici, the grandfather of Toyoda, who eventually gave birth to the first automobile manufacturer in the world, formed a special committee after receiving the proposal and appointed consultants to review his feasibility.
Although Akio is the Chairman of the Board of Directors of Toyota Motor, his direct ownership of the company is less than 1%, while Toyota Industries has a 9.1% stake in the auto industry company, and the acquisition process will enhance Akio’s possession and influence on the broader Toyota Group, which includes suppliers and quotas in other companies, including competing car manufacturers.
This deal will be classified among the largest acquisitions registered globally, discussions are still ongoing, and the deal may not be completed in its current form, or may not be completed at all.
In a statement, Toyota Motor stated that she is studying multiple options, including a partial investment in Toyota Industries, but no decision has been made yet, and in a statement sent via email, Toyota Industries stated that she is studying all options, including capital policies, to enhance the institutional value of the group, but no decisions have been made yet.
