Toyota Motor Corporation has decided to conduct a tender offer to repurchase its own shares, specifically targeting the shares it holds in Toyota Industries Corporation, as part of its capital policy and shareholder returns strategy.
Key takeaways
Toyota Motor Corporation decided to conduct a tender offer for its own shares via a written resolution dated March 30, 2026.
The tender offer is the specific method to repurchase shares held by Toyota Industries Corporation, which owned 1,192,330,920 TMC shares (9.15% ownership) as of June 3, 2025.
The decision follows the successful completion of a tender offer by Toyota Asset Preparatory Co., Ltd. for Toyota Industries shares, which exceeded the minimum purchase threshold on March 24, 2026.
The company's basic dividend policy is to pay interim and year-end dividends twice a year, with a payout ratio of 25.0% for the fiscal year ended March 31, 2025.
Toyota has repurchased its own shares multiple times in the past 10 years, including a tender offer in July-August 2024 that purchased 290,122,375 shares for 806,830,324,875 yen.