Business trends
Toyota Group Executes Broad Divestment, Unwinding Investments with Panasonic and Renesas
Toyota Motor’s Motomachi plant in Japan. The automaker and its major suppliers have sold stakes in dozens of firms during the past fiscal year. (Toyota Motor)
NAGOYA, Japan — Toyota Motor and its principal affiliates have divested billions of dollars in equity across a range of companies, a strategic unwinding that bolsters liquidity in Japan’s equity market.