08:26 AM EDT, 10/16/2025 (MT Newswires) -- Toyota Motor's ( TM ) global investors have called on the Japanese automaker to provide more transparency about its planned buyout of group firm Toyota Industries, saying the valuation process lacked clarity and failed to adequately protect minority shareholders, Reuters reported Thursday.

A group of asset managers including AllianceBernstein, Neuberger Berman, and Schroders made their concerns public in an Aug. 8 letter, the report said.

Investors criticized the 16,300 Japanese yen ($107.8) per share offer, which represents a 23% premium to Toyota Industries' pre-deal share price, the report said. Investors believe the premium is well below the 44% average premium in similar deals, the report added.

The group also urged Toyota ( TM ) to disclose full valuation models, tax assumptions, and third-party appraisals used in determining the offer price, the report said.

Toyota Motors did not immediately respond to MT Newswires' request for comment.

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