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No. 0443

Toyota aims to boost profit outside auto sales 40% by fiscal 2030

Why it matters

Toyota is targeting a roughly 40% increase in profit from non-vehicle-sales sources like software updates and leasing, aiming for 3 trillion yen by fiscal 2030. This reflects a broader shift among top competitors toward recurring, software-based revenue rather than one-time vehicle sales. It's a useful benchmark for gauging how aggressively rivals are pursuing the software-defined-vehicle business model.

The source

Nikkei Asia

Toyota aims to boost profit outside auto sales 40% by fiscal 2030

Read the original at asia.nikkei.com , opens in a new tab

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