Tag - toyoda

 
 

TOYODA

In an effort to move past its troubled legacy, Kobayashi Pharmaceutical has replaced its president twice and appointed an external chairman.
BUSINESS / Companies / FOCUS
Jul 8, 2025
Despite leadership changes, Kobayashi Pharma still struggling with reform
The Osaka-based company has replaced its president twice and appointed an external chairman, seeking to reduce the influence of the founding family seen as a cause of the scandal.
The Aichi Prefectural Police took the suspect, Rikuto Ando, into custody on Monday on suspicion of murdering a 19-year-old woman.
JAPAN / Crime & Legal
Jun 30, 2025
Man arrested on suspicion of fatally stabbing woman in her apartment
The suspect is believed to have fatally stabbed the victim multiple times in the chest with a kitchen knife.
A staff member at the Osaka Expo wears clothing featuring a cooling fan powered by electricity generated by perovskite solar cells.
JAPAN
Jun 17, 2025
Wearable perovskite solar cells tested at Osaka Expo
The cells, jointly developed by Toyoda Gosei and a startup company, weigh just 10 grams each.
Toyota Motor Chairman Akio Toyoda’s reelection garnered almost 97% of voted shares during the carmaker’s annual meeting, the company said in a statement Friday.
BUSINESS / Companies
Jun 13, 2025
Toyota chair reclaims support after scandals that hurt last vote
The rebound in Toyoda’s popularity suggest tacit shareholder approval of how he handled the certification issues.
Shareholders passed a motion to reappoint Chairman Akio Toyoda during Toyota Motor's general shareholders' meeting on Thursday.
BUSINESS / Companies
Jun 12, 2025
No mention of buyout as Toyota shareholders reappoint Chairman Akio Toyoda
Questions about the privatization of Toyota Industries and Toyoda’s role in it never came up, in stark contrast to earlier this week at Toyota Industries’ annual meeting.
A ¥4.7 trillion ($32.4 billion) buyout bid by an entity led by Toyota Motor Chairman Akio Toyoda wasn’t formally on the agenda, but it overshadowed Toyota Industries' annual meeting on Tuesday as shareholders aired their grievances and sought clarity about the proposal.
BUSINESS / Companies
Jun 10, 2025
Toyota Industries shareholders question buyout at annual meeting
The Toyota group’s plan to privatize Toyota Industries has drawn sharp criticism from investors and analysts since it was announced a week ago.
Toyota Industries' Nagakusa plant in Obu, Aichi Prefecture. Toyota group's tender offer to privatize Toyota Industries represents an 11.4% discount to its closing price before the plan was announced.
BUSINESS / Companies
Jun 5, 2025
Toyota Industries buyout hinges on squeezing minority investors
In order for the buyout to work, the ¥16,300 per share tender offer will need to attract enough minority shareholders to cross a 42% threshold.
Kobayashi Pharmaceutical President Norikazu Toyoda in Osaka on May 30
BUSINESS / Companies
Jun 4, 2025
Kobayashi Pharmaceutical vows never to repeat health crisis
In March 2024, the drugmaker, based in Osaka, announced that it had received a series of reports about such symptoms as kidney disease from users of its supplements.
Akio Toyoda’s involvement in the $33 billion buyout of Toyota Industries signals a potential corporate comeback, and that’s a good thing despite criticism.
COMMENTARY / Japan
Jun 4, 2025
For Toyota, more Akio Toyoda would be a good thing
This opposition is nonsensical. Akio turned Toyota into the biggest automaker in the world during a period of intense industry change.
Toyota group companies could establish a new holding company to privatize Toyota Industries.
BUSINESS / Companies
Jun 3, 2025
Toyota Industries receives $33 billion buyout offer from group companies
The deal would be in line with government efforts to encourage big companies to unwind cross-held shares with subsidiaries and other businesses.
Institutional Shareholder Services backed the reappointment of Chairman Akio Toyoda to Toyota’s board, reversing its position from a year ago.
BUSINESS / Companies
May 23, 2025
ISS reverses stance and backs Toyota chief's reappointment
"There are no particular concerns about the nominee,” Institutional Shareholder Services said of Akio Toyoda in a report Thursday.
Toyota Chairman Akio Toyoda speaks during the 2025 CES event in Las Vegas in January.
BUSINESS / Companies
May 13, 2025
Akio Toyoda’s buyout plan called ‘gutsy’ by Dalton Investments
Toyota Motor Chairman Akio Toyoda’s ¥6 trillion ($41 billion) plan to buy out Toyota Industries has won over at least one of the auto supplier’s critics: Dalton Investments.
Toyota Chairman Akio Toyoda proposed a buyout of Toyota Industries, seeking to consolidate his grip on Japan’s biggest business empire.
BUSINESS / Companies
Apr 28, 2025
Akio Toyoda's $42 billion buyout plan raises governance question
Toyota Chairman Akio Toyoda’s bid to buy out Toyota Industries could pit him against Japan’s efforts to reform its corporate landscape.
Toyota Motor Corp. Chairman Akio Toyoda after a meeting in Beijing last month
BUSINESS / Companies
Apr 25, 2025
Toyota chairman proposes record buyout of its supplier at $42 billion valuation
The proposal values Toyota Industries, which makes looms for textiles as well as parts for Toyota’s cars, at a premium of 40% over its closing stock price on Friday.
Toyota unveils a part of Woven City in Susono, Shizuoka Prefecture, on Saturday.
BUSINESS / Companies
Feb 24, 2025
Toyota unveils Woven City to test future mobility
The demonstration city includes roads dedicated to automated mobility on the ground and "logistics streets."
Toyota Chairman Akio Toyoda speaks during the 2025 CES event in Las Vegas on Monday.
BUSINESS / Companies
Jan 7, 2025
Toyota invests in Japanese rocket startup as SpaceX races ahead
The investment is the latest sign of progress in the Japanese government’s push to nurture the country’s private space sector.
Toyota Chairman Akio Toyoda talks about the firm's Woven City smart town during the 2025 CES event in Las Vegas on Monday.
BUSINESS / Companies
Jan 7, 2025
Toyota aims to open its futuristic city near Mount Fuji this year
The initial residents of Woven City will be composed mostly of the carmaker’s own employees and their families.
Shareholder support for Toyota Chairman Akio Toyoda slid after government probes uncovered fraudulent vehicle certifications at Toyota and its group companies.
BUSINESS / Companies
Sep 30, 2024
Opposition to Toyota’s chairman spreads among big shareholders
Akio Toyoda, the grandson of the company’s founder, saw shareholder support drop to 85% last year, a record low at the time, and then a further decline to 72% in June.
Toyota Chairman Akio Toyoda
BUSINESS / Companies
Sep 27, 2024
Toyota ends sponsorship with 'political' Olympics
The withdrawal means Olympics logos currently carried by Toyota products will be phased out, and its vehicles will no longer be provided to assist with the event.
Shareholder backing for Toyota Motor Chairman Akio Toyoda slid to 72% at the company's annual general meeting last month.
BUSINESS / Companies
Jul 29, 2024
Toyota chairman warns he may lose board spot amid falling investor support
Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year.

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