<p><em>丰田不动产的收购要约严重低估了公司</em></p>
<p><em>Elliott 不打算以当前条款向修订后的收购要约投标，并强烈鼓励其他股东不要投标</em></p>
<p>, /PRNewswire/ -- Elliott Investment Management L.P. 和 Elliott Advisors (UK) Limited（&#34;Elliott&#34;），为对丰田工业株式会社（&#34;丰田工业&#34;或&#34;公司&#34;）有重大投资的基金提供建议，并且是公司的最大独立股东，今天发布了以下声明：</p>
<p>Elliott 注意到丰田不动产株式会社（&#34;丰田不动产&#34;）的关联公司今天发布的非约束性声明。Elliott 坚持认为，丰田不动产以每股¥18,800 的修订收购要约（&#34;修订后的收购要约&#34;）严重低估了丰田工业，正如 Elliott 在其公开材料中所展示的那样。Elliott 继续强烈反对丰田不动产声称的修订收购要约价格&#34; <em>反映了目标公司的内在价值</em>&#34;。</p>
<p>Elliott 不打算以当前条款向修订后的收购要约投标，并强烈鼓励其他股东不要投标。</p>
<p>Elliott 之前发布的公开材料可以在 https://elliottletters.com 找到。</p>
<p><strong>关于 Elliott</strong></p>
<p>截至 2025 年 6 月 30 日，Elliott Investment Management L.P.（连同其附属公司，&#34;Elliott&#34;）管理的资产约为 761 亿美元。成立于 1977 年，是持续管理下最古老的基金之一。Elliott 基金的投资者包括养老金计划、主权财富基金、捐赠基金、基金会、基金中的基金、高净值个人和家庭，以及公司的员工。Elliott Advisors (UK) Limited 是 Elliott Investment Management L.P.的附属公司。</p>
<p><strong>投资者联系方式：</strong></p>
<p>Okapi Partners LLC</p>
<p><strong>纽约</strong>: Pat McHugh</p>
<p>T:+1 212 297 0720</p>
<p>免费电话: (877) 629-6357</p>
<p><strong>伦敦</strong>: Christian Jacques</p>
<p>T: +44 20 3031 6613</p>
<p>[email protected]</p>
<p><strong>媒体联系方式：</strong></p>
<p><strong>伦敦</strong> Stijn van de Grampel</p>
<p>Elliott Advisors (UK) Limited</p>
<p>T: +44 20 3009 1061</p>
<p>[email protected]</p>
<p><strong>纽约</strong> Stephen Spruiell</p>
<p>Elliott Investment Management L.P.</p>
<p>T: +1 (212) 478-2017</p>
<p>[email protected]</p>
<p><strong>东京</strong> Brett Wallbutton</p>
<p>Ashton Consulting</p>
<p>T: +81 (0) 3 5425-7220</p>
<p>[email protected]</p>
<p>来源 Elliott Investment Management L.P.</p>
<p><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwMjAyJk5ld3NJdGVtSWQ9Tlk3Njg2NCZUcmFuc21pc3Npb25fSWQ9MjAyNjAyMDIxODQ1UFJfTkVXU19VU1BSX19fX19OWTc2ODY0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwMjAyJk5ld3NJdGVtSWQ9Tlk3Njg2NCZUcmFuc21pc3Npb25fSWQ9MjAyNjAyMDIxODQ1UFJfTkVXU19VU1BSX19fX19OWTc2ODY0"/></p>

6201

丰田汽车

丰田(ADR)

<p>埃利奥特投资管理公司是丰田工业公司的最大独立股东，已发表声明反对丰田不动产修订后的每股 18,800 日元的收购要约，称该要约显著低估了公司价值。埃利奥特鼓励其他股东在当前条款下不要出售他们的股份，声称该要约并未反映丰田工业的内在价值。截至 2025 年 6 月 30 日，埃利奥特管理的资产约为 761 亿美元</p>

<p><em>Toyota Fudosan's tender offer drastically undervalues the Company</em></p>
<div class="lb-trans"><p><em>丰田不动产的收购要约严重低估了公司</em></p>
</div><p><em>Elliott does not intend to tender its shares into the Revised TOB at the current terms and strongly encourages other shareholders not to tender</em></p>
<div class="lb-trans"><p><em>Elliott 不打算以当前条款向修订后的收购要约投标，并强烈鼓励其他股东不要投标</em></p>
</div><p>, /PRNewswire/ -- Elliott Investment Management L.P. and Elliott Advisors (UK) Limited (&#34;Elliott&#34;), which advise funds that together have a significant investment in Toyota Industries Corporation (&#34;Toyota Industries&#34; or the &#34;Company&#34;) and are the Company's largest independent shareholder, today issued the following statement:</p>
<div class="lb-trans"><p>, /PRNewswire/ -- Elliott Investment Management L.P. 和 Elliott Advisors (UK) Limited（&#34;Elliott&#34;），为对丰田工业株式会社（&#34;丰田工业&#34;或&#34;公司&#34;）有重大投资的基金提供建议，并且是公司的最大独立股东，今天发布了以下声明：</p>
</div><p>Elliott notes the non-binding statement issued today by an affiliate of Toyota Fudosan Co., Ltd. (&#34;Toyota Fudosan&#34;). Elliott maintains its position that the revised tender offer by Toyota Fudosan at ¥18,800 per share (the &#34;Revised TOB&#34;) very significantly undervalues Toyota Industries, as Elliott demonstrates in its public materials. Elliott continues to strongly disagree with Toyota Fudosan's assertion that the Revised TOB price &#34; <em>reflects the intrinsic value of the Target Company</em>&#34;.</p>
<div class="lb-trans"><p>Elliott 注意到丰田不动产株式会社（&#34;丰田不动产&#34;）的关联公司今天发布的非约束性声明。Elliott 坚持认为，丰田不动产以每股¥18,800 的修订收购要约（&#34;修订后的收购要约&#34;）严重低估了丰田工业，正如 Elliott 在其公开材料中所展示的那样。Elliott 继续强烈反对丰田不动产声称的修订收购要约价格&#34; <em>反映了目标公司的内在价值</em>&#34;。</p>
</div><p>Elliott does not intend to tender its shares into the Revised TOB at the current terms and strongly encourages other shareholders not to tender.</p>
<div class="lb-trans"><p>Elliott 不打算以当前条款向修订后的收购要约投标，并强烈鼓励其他股东不要投标。</p>
</div><p>Elliott's previously released public materials can be found at https://elliottletters.com.</p>
<div class="lb-trans"><p>Elliott 之前发布的公开材料可以在 https://elliottletters.com 找到。</p>
</div><p><strong>About Elliott</strong></p>
<div class="lb-trans"><p><strong>关于 Elliott</strong></p>
</div><p>Elliott Investment Management L.P. (together with its affiliates, &#34;Elliott&#34;) manages approximately $76.1 billion of assets as of June 30, 2025. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Investment Management L.P.</p>
<div class="lb-trans"><p>截至 2025 年 6 月 30 日，Elliott Investment Management L.P.（连同其附属公司，&#34;Elliott&#34;）管理的资产约为 761 亿美元。成立于 1977 年，是持续管理下最古老的基金之一。Elliott 基金的投资者包括养老金计划、主权财富基金、捐赠基金、基金会、基金中的基金、高净值个人和家庭，以及公司的员工。Elliott Advisors (UK) Limited 是 Elliott Investment Management L.P.的附属公司。</p>
</div><p><strong>Investor Contacts:</strong></p>
<div class="lb-trans"><p><strong>投资者联系方式：</strong></p>
</div><p>Okapi Partners LLC</p>
<div class="lb-trans"><p>Okapi Partners LLC</p>
</div><p><strong>New York</strong>: Pat McHugh</p>
<div class="lb-trans"><p><strong>纽约</strong>: Pat McHugh</p>
</div><p>T:+1 212 297 0720</p>
<div class="lb-trans"><p>T:+1 212 297 0720</p>
</div><p>Toll Free: (877) 629-6357</p>
<div class="lb-trans"><p>免费电话: (877) 629-6357</p>
</div><p><strong>London</strong>: Christian Jacques</p>
<div class="lb-trans"><p><strong>伦敦</strong>: Christian Jacques</p>
</div><p>T: +44 20 3031 6613</p>
<div class="lb-trans"><p>T: +44 20 3031 6613</p>
</div><p>[email protected]</p>
<div class="lb-trans"><p>[email protected]</p>
</div><p><strong>Media Contacts:</strong></p>
<div class="lb-trans"><p><strong>媒体联系方式：</strong></p>
</div><p><strong>London</strong> Stijn van de Grampel</p>
<div class="lb-trans"><p><strong>伦敦</strong> Stijn van de Grampel</p>
</div><p>Elliott Advisors (UK) Limited</p>
<div class="lb-trans"><p>Elliott Advisors (UK) Limited</p>
</div><p>T: +44 20 3009 1061</p>
<div class="lb-trans"><p>T: +44 20 3009 1061</p>
</div><p>[email protected]</p>
<div class="lb-trans"><p>[email protected]</p>
</div><p><strong>New York</strong> Stephen Spruiell</p>
<div class="lb-trans"><p><strong>纽约</strong> Stephen Spruiell</p>
</div><p>Elliott Investment Management L.P.</p>
<div class="lb-trans"><p>Elliott Investment Management L.P.</p>
</div><p>T: +1 (212) 478-2017</p>
<div class="lb-trans"><p>T: +1 (212) 478-2017</p>
</div><p>[email protected]</p>
<div class="lb-trans"><p>[email protected]</p>
</div><p><strong>Tokyo</strong> Brett Wallbutton</p>
<div class="lb-trans"><p><strong>东京</strong> Brett Wallbutton</p>
</div><p>Ashton Consulting</p>
<div class="lb-trans"><p>Ashton Consulting</p>
</div><p>T: +81 (0) 3 5425-7220</p>
<div class="lb-trans"><p>T: +81 (0) 3 5425-7220</p>
</div><p>[email protected]</p>
<div class="lb-trans"><p>[email protected]</p>
</div><p>SOURCE Elliott Investment Management L.P.</p>
<div class="lb-trans"><p>来源 Elliott Investment Management L.P.</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwMjAyJk5ld3NJdGVtSWQ9Tlk3Njg2NCZUcmFuc21pc3Npb25fSWQ9MjAyNjAyMDIxODQ1UFJfTkVXU19VU1BSX19fX19OWTc2ODY0" alt="" original-src="https://rt.prnewswire.com/rt.gif?NewsItemId=NY76864&amp;Transmission_Id=202602021845PR_NEWS_USPR_____NY76864&amp;DateId=20260202"/></p>

18:45 ET
			
			
				Elliott Management Statement on Toyota Industries Corporation

- Elliott 称 Toyota Fudosan 的收购要约大幅低估了丰田工业的价值。
- Elliott 不打算根据当前条款将其股份提交给修订后的收购要约。
- Elliott 强烈鼓励其他股东也不要参与本次收购。

Elliott Management 关于丰田工业公司的声明