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The news was first reported by NHK TV and Kyodo News. The reports said the financial unit may ask for 200 billion ($2.05 billion) in loans.
Toyota Financial Services is in talks with state-owned Japan Bank for International Cooperation, said Toyota Financial spokesman Toshiaki Kawai without confirming the timing or amount, Bloomberg reports.
The Associated Press also confirmed the reports. Toyota said no details had been decided.
The Japan Bank for International Cooperation declined comment on the reports, saying it doesn't comment on individual company matters
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