NAGOYA, Japan -- Toyota Motor reduced its number of cross-held stocks by six to a total of 34 issues during fiscal 2024, bringing down the value of these holdings by roughly 550 billion yen ($3.73 billion), the Japanese automaker said Wednesday.
Automobiles
Toyota slashes cross-shareholdings by $3.7bn
Japan automaker's stock tops 1m investors ahead of June general meeting
Toyota has said it will not pass on the cost of Trump's tariff to consumers in the U.S., but analysts say the automaker will be under pressure to do so if the higher levy remains in the long term. © Reuters
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