Implementation of Measures to Enhance Our Corporate Value in Connection with Toyota Industries Corporation
KARIYA, JAPAN, June 3, 2025 – (JCN Newswire via SeaPRwire.com) – DENSO CORPORATION, a leading mobility supplier, has announced that, at the meeting of the Board of Directors held on June 3, 2025, it has decided to sell its shares in Toyota Industries Corporation and to conduct an advance notice of a tender offer for its own shares held by Toyota Industries.Aiming to resolve social issues while realizing business growth, DENSO is engaged in the creation of corporate value with the aim of maximizing ROE*, guided by management with an awareness of capital costs, under its renewed financial strategy commencing in 2021. To this end, DENSO is driving a financial strategy supported by four pillars: (1) reinforce profit structure, (2) reduce low-profit assets, (3) improve capital structure, and (4) engage in dialogue with markets.The Transaction, proposed by Toyota Fudosan Co., Ltd., aims to further strengthen collaboration among Toyota Group companies through Toyota Industries shares private. In alignment with this …