StockWatch
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Auto Manufacturing
Corporate ActionMay 28, 2026, 10:06 AM

Toyota Subsidiary OneStream's Capital Changes Post-Split

AI Summary

Toyota Motor Corporation announced partial changes and corrections to its previously disclosed simplified absorption-type company split involving its subsidiary, OneStream Co., Ltd. The changes primarily concern OneStream's capital stock, which is now expected to be JPY 150,000,000 as of June 29, 2026, following a resolution to issue Class A preferred stocks via a third-party allotment. Further capital increases are anticipated if payments for these new shares are completed by July 31, 2026.

Key Highlights

  • Toyota's subsidiary OneStream's capital stock is expected to change following a company split.
  • OneStream's capital stock is projected to be JPY 150,000,000 as of June 29, 2026.
  • OneStream resolved to issue new Class A preferred shares via a third-party allotment.
  • Further capital increase is expected if payments for new shares are made between June 30 and July 31, 2026.
  • The effective date for the absorption-type company split remains June 29, 2026.
  • A correction was made to the successor company's 'as of' date from March 31, 2026, to April 1, 2026.