Toyota is a big car company in Japan. They decided to buy back some of their own shares from other companies that also own them. This is a way to make their own company more important and give them more control. It also helps them follow the rules of the Japanese government, which wants companies to have fewer connections with other companies. This is a big deal because it could make other companies in Japan do the same thing. Toyota's car sales are doing very well, especially electric and hybrid cars. Read from source...

- Toyota's share buyback is not a "strategic move" but a response to the Japanese government's push for corporations to unwind cross-held shareholdings.
- Toyota's share price performance is irrelevant to the story.
- Toyota's EV sales are irrelevant to the story.
- The story is not about Toyota's business operations or strategy, but about its financial decisions and the impact on its shareholders.

### Final answer: No, Toyota's share buyback is not a strategic move.

The summary and analysis of the article are written in a way that is easy to understand and informative. The article provides information about Toyota's plan to buy back shares from banks and insurers in Japan, which is part of a larger strategy to untangle its shareholdings with financial partners. The article also mentions Toyota's EV sales and internal investigation results. The recommendations and risks section can be added at the end of the article to provide more information on this topic.

Possible recommendations and risks:

Recommendations:

- Toyota's share buyback plan is a strategic move that could benefit the company and its shareholders by reducing cross-held shareholdings and potentially triggering a broader wave of looser equity ties in Japan.
- Toyota's EV sales are growing rapidly, with hybrid and electric models accounting for almost 40% of the group's total volume in the second quarter. This indicates that Toyota is well-positioned to compete in the growing EV market and meet the increasing demand for greener vehicles.
- Toyota's internal investigation has not uncovered any further instances of misconduct, which could help restore the company's reputation and customer trust after the safety test scandal at its Daihatsu unit.

Risks:

- Toyota's share buyback plan could face regulatory hurdles or opposition from other shareholders who may not agree with the company's strategy or valuation.
- Toyota's EV sales could be affected by factors such as market competition, consumer preferences, and government incentives or regulations.
- Toyota's internal investigation could reveal new instances of misconduct or quality issues in the future, which could damage the company's reputation and financial performance.

Overall, the article provides a balanced and informative overview of Toyota's recent developments and their implications for the company and its investors. The recommendations and risks section can help readers make more informed decisions about whether to invest in Toyota or not.