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Kenta Kon, incoming chief executive officer of Toyota Motor Corp., right, and Koji Sato, outgoing chief executive officer, pose for photographs during a news conference in Tokyo, Japan, on Friday, Feb. 6, 2026. Toyota appointed Kon as its new chief executive officer, a surprise leadership reshuffle in the midst of a high-profile bid to privatize a key unit. Soichiro Koriyama/Bloomberg

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