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Toyota Targets 40% Rise in Non-Vehicle Operating Profit by 2030

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Toyota is targeting about a 40% increase in operating profit from activities outside new-vehicle sales, aiming for Y3tn by fiscal 2030. The company plans to grow value-chain earnings from software updates, leasing, sales financing and parts, including a paid GR Yaris/Corolla smartphone app, plus a new Belgium warehouse. It also seeks higher used-car sales and raised FY2027 guidance after a strong first-quarter rise in net income.

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