tyre.media Toyo Tires partnership with Mitsubishi has ended
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Toyo Tires partnership with Mitsubishi has ended

13 September, 2026
1 min. read
Toyo split with Mitsubishi

Toyo split with Mitsubishi

Toyo Tire Corporation has confirmed that its partnership with Mitsubishi Corporation has ceased. Mitsubishi is no longer a major shareholder after tendering its entire holding through a treasury share buyback, ending its status as the company’s largest shareholder.

The change took effect on 10th August 2026, following Toyo Tire’s acquisition of its own shares through off-auction trading (ToSTNeT-3). Mitsubishi tendered all its shares, excluding less than one unit, as part of the transaction.

As a result, Mitsubishi is no longer classified as a major shareholder or associated company of Toyo Tire, with the company spokesperson stating:

“Before the transaction, Mitsubishi held 30,822,206 shares, equivalent to 20.07 percent of total voting rights, and ranked as the largest shareholder. Following the change, its holding has effectively been reduced to zero.”

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