Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
80
% (outstanding shares)Wording
Conditional
How definitive the wording is.This transaction
This share acquisitionCounterpartyIHI Corporation
Disclosing company豊田自動織機
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Sales, design, manufacturing, procurement, construction, installation, modification and repair of logistics equipment, FA equipment and industrial machinery, as well as servicing and maintenance services for equipment and parts. Consulting and engineering for logistics plants, FA plants and industrial machinery.
Location Koto-ku, TokyoShare capital ¥1,000 million (as of the end of March 2025)Date of incorporation 2 July 1984
Net Sales¥32,802 million (fiscal year ended March 2025)
Operating profit¥2,050 million (fiscal year ended March 2025)
Net income for the current fiscal year¥1,475 million (fiscal year ended March 2025)
Net assets¥7,976 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNot disclosed
Procedures and assumptions
Conditions Precedent to ExecutionReviews under the competition laws of the relevant countries
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Counterparty name | IHI Corporation |
| Name of the Subject Company | IHI物流産業システム |
| Business Description of the Subject Company | Sales, design, manufacturing, procurement, construction, installation, modification and repair of logistics equipment, FA equipment and industrial machinery, as well as servicing and maintenance services for equipment and parts. Consulting and engineering for logistics plants, FA plants and industrial machinery. |
| Location of the Subject Company | Koto-ku, Tokyo |
| Capital Stock of the Subject Company | ¥1,000 million (as of the end of March 2025) |
| Date of Establishment of the Subject Company | 2 July 1984 |
| Net Sales of the Subject Company | ¥32,802 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | ¥2,050 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥1,475 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥7,976 million (fiscal year ended March 2025) |
| Acquisition price | Not disclosed |
| Number of shares acquired | 80% of issued shares (the number of shares and voting rights is not stated) |
| Voting rights ownership percentage | After 80％ (before not disclosed) |
| Contract Date | 8 May 2026 |
| Execution Date / Effective Date | 1 April 2027 (scheduled). IHI Corporation will continue to hold the remaining 20% for 5 years, after which Toyota Industries Corporation plans to acquire the shares and make the company a wholly owned subsidiary. |
| Conditions Precedent to Execution | Reviews under the competition laws of the relevant countries |
Items this document does not state (15)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To address customers’ logistics automation needs and pursue further growth for both companies in the in-plant logistics sector by creating sales and technology synergies and strengthening the product lineup and service capabilities.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.