NAGOYA, Japan -- Toyota Motor hopes to increase operating profit from sources other than new-car sales, such as software updates and vehicle leasing, by about 40% to reach 3 trillion yen ($19.2 billion) in fiscal 2030, Nikkei has learned.
Japanese automaker eyes software updates as key earnings driver
Toyota remodeled its RAV4 as a software-defined vehicle in 2025. The automaker hopes to generate more profits from software services and operations other than selling new cars. (Photo by Azusa Kawakami)