Toyota plans to sell AISIN Corp shares to boost Toyota Group growth and invest in electrification, intelligence, and diversification.
Toyota plans to sell a portion of its shares in AISIN Corp to boost the growth of the Toyota Group. This move aims to improve capital efficiency and invest in electrification, intelligence, and diversification initiatives. The company will review capital ties with other group companies to strengthen competitiveness, with a focus on human resources, operations, culture, and business relationships.
June 27, 2024
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