Toyota's parts suppliers Denso and Aisin sell shares

Toyota Motor Corp.'s two largest parts suppliers, Denso and Aisin, have reportedly sold their stakes in several Toyota-related companies. Denso's filings as of March this year show it has sold its stakes in Toyota Boshoku, Toyota Tsusho, Toyoda Gosei and Hino Motors. In December last year, Nikkei reported that Denso had sold all of its shares in Hino Motors, Toyoda Gosei and Aichi Steel. In April this year, Denso said it planned to sell all cross-holdings to raise funds for acquisitions and investments.