Toyota Motor KDDI To buy more shares Cooperate in community development business, etc. October 30, 16:16

"Toyota Motor" announced that it will invest more than 50 billion yen to purchase additional shares of KDDI in order to strengthen cooperation with the telecommunications giant "KDDI" in which it invests.



Using 5G and the next generation of communication standards, we aim to collaborate not only in the automobile field but also in community development businesses.



Toyota's stake in KDDI will rise to 12.95% or 13.74%.