Toyota group to borrow up to $21bn to take Toyota Industries private

Key parts supplier for Japan's leading automaker seeks to escape shareholder pressure

20250519N Toyota Industries

Toyota Industries manufactures forklifts and supplies parts to Toyota Motor. (Source photos by Nikkei)

KYOHEI SUGA

TOKYO -- Toyota Motor and other Toyota group companies are considering borrowing up to 3 trillion yen ($20.7 billion) from financial institutions to help take machine maker and parts supplier Toyota Industries private, Nikkei has learned.

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