Toyota Delays Start of Buyout Plan

AICHI, Oct 07 (News On Japan) - Toyota Motor Corporation announced that the planned tender offer (TOB) for its founding company, Toyota Industries, will be delayed from the original schedule of December to February 2026 or later due to pending antitrust procedures.

The plan, revealed in June 2025, involves a new holding company to be jointly established by Toyota Real Estate and other Toyota Group firms, which will conduct the public tender offer for Toyota Industries shares. The goal of the buyout is to make Toyota Industries a private company and enhance its management autonomy within the group.

The total purchase amount is expected to reach approximately 3.7 trillion yen, underscoring the scale of the restructuring effort. Toyota stated on October 6th that the procedures related to competition law have not yet been completed, prompting the postponement of the TOB schedule.

Source: 東海テレビ NEWS ONE

Typhoon No. 22 (Halong) Pounds Izu Islands Triggering Emergency Alerts

A special heavy rain warning was issued for Hachijo Town on October 9 as Typhoon No. 22, classified as a very strong system, brought record-breaking rainfall and violent winds to the Izu Islands. The Japan Meteorological Agency (JMA) has also issued special warnings for storm-force winds and high waves across the region, urging residents to remain on maximum alert. Footage captured shortly before 6:30 a.m. by a camera installed in Hachijo Town showed a utility pole tilting and eventually collapsing under the severe conditions. Authorities said a linear rainband has been repeatedly forming over the area since early morning.

Typhoon No. 23 (Nakri) Approaching South of Japan Over Holiday Weekend

As of 9 a.m. on October 9, Typhoon No. 23 (Nakri) was moving quickly northwest over waters south of Japan and is expected to influence weather conditions over the upcoming three-day holiday weekend. The typhoon is forecast to strengthen slightly as it approaches the Okinawa and Amami regions between October 10 and 11. Afterward, it is expected to curve northward, moving off the coast of Kyushu on October 12 and reaching waters south of Japan’s main islands by October 13.

Japanese Teachers Still Work World’s Longest Hours

Elementary and junior high school teachers in Japan still work the longest hours among their peers worldwide, according to an OECD report released on Tuesday. While the 2024 results by the Organisation for Economic Co-operation and Development showed working hours had fallen by around four hours per week compared with the previous survey in 2018, Japan’s teachers still far exceeded their global counterparts.

Beer Shortages Hit Japan's Izakayas

Beer deliveries from Asahi Group Holdings have been disrupted following a ransomware cyberattack, causing shortages that have already begun to affect izakaya and other establishments across Japan. Some bars have reported their beer stock falling to “only one left” as supply chain delays ripple through the industry.

Magnitude 4.9 Quake Off Fukushima, No Tsunami Warning Issued

A magnitude 4.9 earthquake occurred off the coast of Fukushima Prefecture around 9:30 a.m. on October 7th, registering a maximum intensity of 4 on the Japanese seismic scale. According to the Japan Meteorological Agency, there is no risk of a tsunami caused by this tremor.

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