Toyota unaffected by Nexperia export restrictions, CEO confirms
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Toyota CEO Koji Sato said today that the company does not face any immediate risk of semiconductor shortage following China’s export restrictions on Nexperia. He added that Toyota will proceed with the Toyota Industries buyout plan. Sato made his remarks amid escalating tensions between the Netherlands and China over control of Nexperia B.V., a semiconductor manufacturer owned by China’s Wingtech Technology. The imposed control has prompted global automakers to reassess supply shortages. Global auto sector on alert as Nexperia export ban threatens chip pipeline The Dutch government recently invoked a 1952 law to seize Nexperia on national grounds that bars the company from changing its management assets or IP for one year. China retaliated with an export ban on certain Nexperia products and components on October 4, halting shipments from its Chinese subsidiaries and subcontractors. Automakers have raised concerns over the shortage of power management chips and microcontrollers used in electric vehicles and hybrid systems. Sato explained that the Japanese automaker is working to standardize traditional chips to avoid the shortages that often arise during a pandemic. If standardized, it would reduce dependency on highly customized semiconductors, which have exposed car manufacturers to shortages during crises such as the 2019 COVID-19 pandemic. Nissan Motor Co., for instance, revealed that it only has a supply that could last until the first week of November, meaning extended restrictions could impact it negatively. During his remarks at the motor show in Japan, Sato reaffirmed Toyota’s plan to proceed with the buyout of Toyota Industries. In June, the automaker proposed a $108.10 per share deal to investors to consolidate Toyota Industries, which manufactures forklifts. The deal aimed to consolidate the forklift manufacturer under a new holding company jointly backed by Toyota Motor, Toyota Fudosan, and Toyota Chairman Akio Toyoda. Investors have urged Toyota to…
Filed under: News - @ October 30, 2025 11:29 am