# Toyota Tsusho to acquire 34% stake in Fuji Springs

Toyota Tsusho Corporation will acquire 34% of shares in Fuji Springs Co., Inc., a manufacturer of automotive battery components, through a third-party allocation. Fuji Springs will become an equity method affiliate as of June 30, 2025.

- Type: Acquisition
- Announced: 2025-05-16
- Where: Japan
- Status: announced
- Products: automotive battery cell cases, cell covers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota Tsusho](https://endata.com/companies/3935.md) (acquirer)
- [Fuji Springs Co., Inc.](https://endata.com/companies/84776.md) (target)

## Sources

- [toyota-tsusho.com](https://www.toyota-tsusho.com/english/press/detail/250516_006584.html), 2025-05-16: "Toyota Tsusho Corporation announces that it has entered into an investment agreement to acquire 34% of the shares in Fuji Springs Co., Inc."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.