Why is the share price above the tender offer price?

Reports say Elliott Investment Management offered to buy from tender acceptors at higher levels, which supports the market price near ¥20,200. Investors also assign probability to a higher tender or another outcome that adds value. That expectation keeps the price above Toyota’s ¥18,800 proposal for now.

What happens if the minimum acceptance is not reached?

If acceptances stay below 42.01% by March 2, the tender may lapse. The stock could retrace toward fundamental anchors like book value, while governance discussions continue. A lapse might also lead to new proposals later, but timing and price would remain uncertain for investors.

How do technicals look while the bid is pending?

RSI at 64.35 and ADX at 42.68 show firm momentum and a strong trend. Price trades above the 50-day and 200-day averages. Bollinger upper band near ¥20,528 is key resistance. A close above that level would support further gains, while a drop below ¥19,800 weakens the near-term tone.

What fundamental metrics should I watch now?

Track PE of 29.61, price-to-book near 1.00, and dividend yield of 1.39%. Balance sheet health looks solid, with a 0.30 debt-to-equity and 1.81 current ratio. These figures help gauge downside if the deal fails and inform upside if a better offer emerges.

Could this dispute affect other Toyota group stocks?

Yes. A higher offer or a deal lapse can reset governance expectations and valuation multiples across the Toyota group. Stronger bargaining by Japan activist investors could push for improved capital policies elsewhere. Conversely, a firm stance on price might cap near-term re-rating potential across related names.

Global Market Insights

6201.T Stock Today: Elliott offer imperils Toyota TOB — February 25

ByHuzaifa Zahoor February 25, 2026

Toyota Industries takeover bid is in focus today after Elliott Investment Management reportedly offered to buy shares from tender acceptors at prices above Toyota’s ¥18,800 offer. 6201.T held near ¥20,200, down 0.81% on the day, as investors priced in a higher bid or delay. Acceptances stand at 33.1% versus the 42.01% minimum, with the deadline extended to March 2. The standoff could reshape the Toyota buyout plan and influence valuations across the Toyota group in Japan.