Toyota Industries’ shares soared to an all-time high on Thursday, following Toyota Motor’s announcement that it was increasing its tender offer for the company by over 15%, raising the total value of the deal to more than 5.6 trillion yen.
As of 2:19 P.M. (GMT +7), shares of Toyota Industries surged above 6% to 19,150 yen, moving above the improved offer price and suggesting investors are anticipating the possibility of an even more favorable bid. Shares of Toyota Motor, the global leader in car sales, also climbed over 3%.
Late Wednesday, Toyota Motor stated it would boost its buyout offer to 18,800 yen per share, up from the original 16,300 yen per share proposed in June of last year, as it looks to proceed with privatizing the group company.
Back in June 2025, Toyota Motor had targeted the acquisition of Japan’s biggest corporate group for a total of 4.7 trillion yen. The proposal included a 1 billion yen investment from chairman Akio Toyoda and an additional 700 billion yen worth of non-voting preferred shares from Toyota Motor.
However, that deal failed as Toyota Industries requested a higher tender price. It had expressed doubts over the likelihood of the deal’s completion at the original value.
Toyota Motor has been facing weak growth recently. According to its sales and production figures, the company’s global vehicle output in November 2025 dropped 5.5% to 821,723 units, its first year-on-year monthly decline in six months.
Global retail sales also declined 2.2% year-on-year, with the company attributing weaker China sales to reduced government subsidies in select provinces.The automaker also cautioned that it faces a significant financial hit from U.S. tariffs, projecting a 1.45 trillion yen impact for the fiscal year ending March.
In November last year, Toyota Motor disclosed plans to invest $912 million into manufacturing operations across five southern states in the U.S., as part of its broader ambition to inject up to $10 billion into its American business by 2030.
