Cycle of Growing Together
Sale
D Capital Strategy
ΤΟΥΟΤΑ
■Building an optimal formation for a mobility company to maintain and improve competitiveness
■Reducing strategic shares, reviewing group cross-shareholdings, and utilizing treasury stock and
cash on hand
Investment
500 billion yen
Legend
OEM
CASE
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
500 billion yen
1.Total amounts of stock acquisitions and sales during the respective periods.
•
•
Building alliances
"Home & Away"
• In addition to asset replacements,
we will use treasury stock and
cash on hand.
Future
Replacement of assets
Reducing strategic shares
Reviewing cross-shareholdings in
our corporate group
Finally, there is our capital strategy.
Our transformation into a mobility company requires a
muscular balance sheet.
While selling strategic stocks that have declined in
significance to our holdings and conducting “Home & Away"
activities within our corporate group, we have been building
alliances to accelerate our transformation.
By continuing to reduce our number of strategic shares,
reviewing group cross-shareholdings, and utilizing treasury
stock and cash on hand, we aim to build the optimal formation
for a mobility company and maintain and improve our
competitiveness.
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