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  "documentTitle": "Toyota Industries Corporation (6201)",
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  "authorName": "Aaron Tai and Gordon Singer",
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      "text": "NAV per share: ¥20,696",
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      "text": "Source: Bloomberg, Company Materials",
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      "text": "Appendix 1: Original TOB Terms Significantly Undervalued Toyota Industries at Announcement (June 3, 2025)",
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