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  "documentTitle": "Toyota Industries Corporation (6201)",
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  "notes": "The chart decomposes NAV growth into 'Stakes in Publicly Traded Companies' and 'Operating Business and Other'.",
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      "kind": "callout",
      "text": "+¥5,438 per share Since June 2025 pre-announcement",
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      "text": "Source: Bloomberg, Company Materials. Note: (1) Market data as of January 16, 2026.",
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      "text": "Stakes in Publicly Traded Companies; Operating Business and Other; Change in NAV Since Original TOB Announcement",
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      "text": "Market Moves Since June 2025 Widened the Valuation Gap",
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