Toyota Industries Corporation (TSE:6201) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 3.22% of its share capital, for ¥180,000 million. The purpose of the program is to improve capital efficiency and return profits to shareholders, as well as to enable it to implement flexible capital policies in response to changes in the business environment.

The program will expire on May 12, 2025. As of March 31, 2024, the company had 310,477,035 shares in issue (excluding treasury stock) and 15,363,605 shares in treasury.