Toyota Motor Corporation Company Split

2026-05-20SEC Filing 6-K (0001193125-26-232785)

Toyota Motor Corporation (TMC) has announced a simplified absorption-type company split, where its logistics optimization system business, "OneStream," will be succeeded by its wholly-owned subsidiary, OneStream Co., Ltd. This split aims to enhance management efficiency, concentrate capital, and achieve strategic flexibility and profitability by allowing OneStream to operate more independently. TMC plans to transfer 30% of its shares in OneStream around mid-June 2026. The split is expected to have an immaterial impact on TMC's financial results. The effective date of the split is June 29, 2026. OneStream Co., Ltd. was established on April 1, 2026, and its business operations related to the "OneStream" system are detailed, with estimated revenue of 284 million yen for the fiscal year ending March 31, 2026. TMC's consolidated financial performance for the fiscal year ending March 31, 2026, showed total assets of 105,522,331 million yen and revenue of 50,684,952 million yen.

Ticker mentioned:TM