The deal outlines the creation of a new holding company, with Toyota Fudosan, an unlisted real estate business, contributing ¥180 billion. Akio Toyoda is expected to personally invest ¥1 billion, while Toyota Motor will contribute ¥700 billion in non-voting preferred shares. The transaction has attracted pushback from activist investor Oasis Management, which holds positions in both Toyota Motor and Toyota Industries and has indicated it will advocate for a higher acquisition price. Toyota Motor has justified the move as a strategic decision aimed at enabling closer collaboration within the Toyota Group, positioning Toyota Industries to operate free from the pressures of short-term financial performance. This, the company argues, supports its ongoing transformation into a comprehensive mobility company. Despite the easing of proxy opposition, Toyoda's governance remains under watch.