News
October 31, 2025
Result of Toyoda Gosei’s Tender Offer for Ashimori Industry
Kiyosu, Japan, October 31, 2025: Toyoda Gosei Co., Ltd. resolved to acquire share certificates, etc. of Ashimori Industry Co., Ltd. through a tender offer (hereinafter, the “Tender Offer”) commenced on August 12, 2025, and it was completed on October 30, 2025.
As a result of the Tender Offer, Ashimori Industry will become a consolidated subsidiary of Toyoda Gosei on November 6, 2025 (the commencement date of settlement of the Tender Offer).
1. Outcome of the Tender Offer
Because the total number of tendered share certificates, etc. (1,996,068 shares) exceeded the minimum number of the shares to be purchased (1,800,100 shares), Toyoda Gosei will purchase all of the tendered share certificates, etc. as described in the public notice for commencement of the Tender Offer and the Tender Offer Registration Statement (including the matters amended by the public notice regarding changes of terms and conditions of the Tender Offer and the amendment to the Tender Offer Registration Statement subsequently submitted).
2. Number of Share Certificates, Etc. Purchased
The table can be scrolled left and right
| Class of Share Certificates, Etc. | (i) Number of tendered shares on a number-of shares basis | (ii) Number of purchased shares on a number-of shares basis |
| Share Certificates | 1,989,478 shares | 1,989,478 shares |
| Certificate of stock acquisition rights | 6,590 shares | 6,590 shares |
| Total | 1,996,068 shares | 1,996,068 shares |
| (Total number of potential share certificates, etc.) | (6,590 shares) | (6,590 shares) |
3. Ownership Ratio of Share Certificates, Etc. After the Tender Offer
The table can be scrolled left and right
| Number of voting rights represented by the share certificates, etc. held by Toyoda Gosei before the Tender Offer | 17,035 voting rights |
(Ownership ratio of share certificates, etc. before the Tender Offer: 28.26%) |
| Number of voting rights represented by the share certificates, etc. held by specially related parties before the Tender Offer | 109 voting rights |
(Ownership ratio of share certificates, etc. before the Tender Offer: 0.18%) |
| Number of voting rights represented by the share certificates, etc. held by Toyoda Gosei after the Tender Offer | 36,995 voting rights |
(Ownership ratio of share certificates, etc. after the Tender Offer: 61.38%) |
| Number of voting rights represented by the share certificates, etc. held by specially related parties after the Tender Offer | – | (Ownership ratio of share certificates, etc. after the Tender Offer: 0.00%) |
| Total number of voting rights of all shareholders, etc. of Ashimori Industry | 59,761 voting rights |
For details, see “Notice Regarding Result of Tender Offer for Share Certificates, Etc. of Ashimori Industry Co., Ltd. (Securities Code 3526) and Change in Subsidiary,” dated October 31, 2025
