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TYO:6201

5 stories mentioning TYO:6201

Every FINWIRES story that references TYO:6201, newest first.

Asia

Toyota Books 1.2 Trillion Yen Non-consolidated Gain from Sale of Toyota Industries Stake

Toyota (TYO:7203) expects to record a non-consolidated gain of 1.206 trillion yen and an estimated consolidated gain of 576.9 billion yen following the final sale of its entire 24.66% stake in Toyota Industries(TYO:6201).The transaction was completed through a share repurchase by Toyota Industries after the necessary squeeze-out procedures were finalized, according to a Tokyo bourse filing on Monday.The actual consolidated gain came in slightly lower than the 600 billion yen initially projected when the deal was announced in March, while the impact has already been incorporated into Toyota's consolidated forecast for the current fiscal year, which the company disclosed on May 8.

TYO:6201TYO:7203
Asia

Market Chatter: Japan Buybacks Hit Record 22.32 Trillion Yen in Fiscal 2025

Japan-listed companies' share buybacks reached a record 22.32 trillion yen in fiscal 2025, extending gains for a fifth straight year as companies face growing pressure to improve capital efficiency, Nikkei reported Friday.The total value of announced repurchase programs rose 18% from a year earlier, following an 85% jump in fiscal 2024, according to the report.Recruit Holdings (TYO:6098) launched a buyback of as much as 350 billion yen in March, while Toyota Motor (TYO:7203) repurchased shares tied to the planned privatization of Toyota Industries (TYO:6201), the report said.The buyback surge follows a 2023 push by the Tokyo Stock Exchange for listed companies to improve shareholder returns and capital efficiency, according to the report.The number of companies launching buybacks, however, fell 5% to 1,099 in fiscal 2025, amid concerns over higher repurchase costs and uncertainty tied to U.S. tariffs, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:6098TYO:6201TYO:7203
Asia

Toyota Industries' Profit Slides 15% in Fiscal Year 2025

Toyota Industries' (TYO:6201) profit attributable to owners of the parent fell 15% to 223.8 billion yen for the fiscal year 2025 from 262.3 billion yen a year earlier.The automatic loom manufacturer's earnings per share declined to 744.75 yen from 856.96 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales gained 7% to nearly 4.37 trillion yen for the full-year ended March 31 from 4.085 trillion yen in the prior year.Toyota Industries did not declare any dividends for the current year.The company also did not disclose any forecast for the fiscal year ending March 31, 2027, as its common shares are scheduled to be delisted on June 1.Toyota Industries paid no interim or year-end dividends for the current fiscal year.

TYO:6201
Asia

Toyota Industries to Book 4.4 Trillion Yen by Selling Holdings in Toyota Motor, Others via Buybacks

Toyota Industries (TYO:6201) said it will tender all its holdings in several group companies' share buybacks and expects to record about 4.426 triillion yen in profit from the sales, according to a Friday filing on the Tokyo Stock Exchange.The company said it will tender its entire stakes in Toyota Motor (TYO:7203), Denso (TYO:6902), Toyota Tsusho (TYO:8015) and Aisin (TYO:7259), subject to the commencement of buyback offers by some of the companies.Toyota Industries said it plans to sell about 1.19 billion shares in Toyota Motor alone, valued at roughly 3.657 trillion yen based on the tender price. The move is part of a broader transaction aimed at taking the company private, it said.

TYO:6201TYO:6902TYO:7203TYO:7259TYO:8015
Asia

Toyota Industries to Cancel 25.4 Million Treasury Shares

Toyota Industries (TYO:6201) said it will cancel 25.4 million treasury shares, equivalent to 7.8% of its issued shares, subject to shareholder approval of a planned share consolidation, according to a Friday filing on the Tokyo Stock Exchange.The company said the cancellation, scheduled for June 2, will retire all treasury shares held as of March 31.Toyota Industries said the move is contingent on approval of a share consolidation proposal at an extraordinary shareholders meeting set for May 12.Following the cancellation, the total number of issued shares will be 300.5 million, the company said.

TYO:6201