On September 7, reports emerged indicating that Toyota Motor Corporation has set a goal to elevate its operating profit from ventures outside traditional new car sales—such as software updates, vehicle leasing, and other related services—by approximately 40% by the fiscal year 2030. This strategic move is expected to bring the total profit from these areas to 3 trillion yen (roughly equivalent to US$19.2 billion). By tapping into the potential of its existing fleet of 150 million Toyota vehicles globally, the company aims to diversify its revenue streams and diminish its dependence on profits solely derived from new car sales.
