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Toyota Motor group company raises offer for Toyota Industries by 15%

By Thomson Reuters Jan 14, 2026 | 2:12 AM

TOKYO, Jan 14 (Reuters) – Toyota Motor group company ‍Denso will raise its tender offer price for group ‌firm Toyota ‌Industries to 18,800 yen ($118.11) per share as part of its ​plan to take the ‍forklift ​maker private, it ​said on Wednesday.

The ‍Japanese automaker had previously offered 16,300 yen per share ‍in a deal announced in June.

The tender ‍offer ‍will run ​from January ​15 ⁠to February ‌12, Denso said.

($1 = 159.1800 yen)

(Reporting by Anton Bridge; Editing by Jacqueline ⁠Wong)