Toyota CFO: Miyazaki says China market share decline has halted as recovery begins
TM•Toyota CFO Miyazaki said the company’s China market share decline has halted and a slight recovery is beginning, helped by EVs developed with its joint venture. Toyota plans to allocate 11 trillion to 14 trillion yen to shareholder returns from April 2026 through March 2031.
1. China market share
Miyazaki said Toyota’s China market share decline has halted thanks to EVs with its joint venture, and the company is entering a phase of slight recovery, with a sense of reversal expected. Toyota also plans to allocate 11 trillion to 14 trillion yen to shareholder returns over the five years from April 2026 to March 2031. The company said it remains committed to delivering good cars even if a change in the U.S. administration leads to policy changes.
