Nicholas Takahashi
Transportation Reporter at Bloomberg News
Covering cars, batteries and space for @business Previously @seattletimes @japantimes @seattleu Views are mine, RTs ≠ endorsement
Articles
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1 day ago |
bloomberg.com | Nicholas Takahashi
A Suzuki Swift Sport. (Bloomberg) -- Suzuki Motor Corp. shares extended a slump after the automaker halted production of a popular car model, with local media reporting China’s export restrictions on rare earths are behind the disruption. The automaker said it’s stopped output of the Swift between May 26 and June 12 due a parts shortage. Some production will resume from June 13 with a full return to normal from June 16, it said.
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3 days ago |
news.bloomberglaw.com | Nicholas Takahashi
Toyota Industries Corp. shares fell the most in nine months after the Toyota group unveiled a ¥4.7 trillion ($33 billion) plan to privatize Toyota Industries Corp., drawing sharp criticism from investors and analysts who say the proposal significantly undervalues the company. The planned tender offer of ¥16,300 per share from a group led by Toyota Motor Corp.’s Chairman Akio Toyoda represents an 11% discount to Tuesday’s closing price for the maker of textile looms, forklifts and car components.
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3 days ago |
bloomberg.com | Nicholas Takahashi
(Bloomberg) -- Toyota Industries Corp. shares fell the most in nine months after the Toyota group unveiled a ¥4.7 trillion ($33 billion) plan to privatize Toyota Industries Corp., drawing sharp criticism from investors and analysts who say the proposal significantly undervalues the company.
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3 days ago |
ttnews.com | Nicholas Takahashi
Business Technology Equipment June 3, 2025 1:19 PM, EDT Buyout Faces Investor Criticism Over Discounted Price Akio Toyoda in 2022. (Akio Kon/Bloomberg News) [Stay on top of transportation news: Get TTNews in your inbox.] The Toyota group’s proposal to privatize Toyota Industries Corp.
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3 days ago |
news.bloomberglaw.com | Nicholas Takahashi
The Toyota group’s proposal to privatize Toyota Industries Corp. is drawing criticism from investors and analysts, who argue the ¥4.7 trillion ($33 billion) deal significantly undervalues the company and risks alienating shareholders with what many view as an unpalatable transaction.
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