Toyota City, Aichi/Kadoma City, Osaka, Japan, May 9, 2019―Panasonic Corporation ("Panasonic") and #toyota Motor Corporation ("Toyota") concluded today contracts aimed toward the establishment of a new joint venture ("joint venture") related to the town development business. Both companies aim to fuse the mobility services initiatives promoted by #toyota and the "lifestyle updates" initiatives spearheaded by #panasonic through collaboration based on the establishment of the joint venture, thereby creating new value for the entire town as a whole.
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