It appears that being the majority shareholder of the number one car company in the Philippines (by a country mile) is not enough for GT Capital, so much so that they intend on investing into the mother company: Toyota Motor Corporation.

In a disclosure, GT Capital Holdings, Inc., announced its intent to acquire shares in Toyota Motor Corporation (TMC) up to JPY 22.2 billion, or about USD 200 million. The company will acquire the shares via the Tokyo Stock Exchange based on the rates at the dates of purchase.

The purchase will be made through debt according to the company disclosure, and will be one of the company's first major overseas transactions. 

GT Capital, a company headed by George Ty and his family, is the majority shareholder in Toyota Motor Philippines Corporation (51%) and Toyota dealerships such as Toyota Manila Bay (58%). 

Toyota Motor Philippines is currently the number one car company in the country; in 2017, the company sold 182,657 automobiles for a market share of 38.52%

GT Capital also has a stake in Toyota Financial Services (40%), Metrobank (36%), AXA Philippines (25.3%), Metro Pacific (15%), Federal Land (subsidiary), and more.

GT Capital did not disclose exactly when the transactions to acquire the JPY 22.2 billion/USD 200 million in shares will take place, nor did the statement include how many shares they intend to purchase.

The current largest shareholders of Toyota Motor Corporation include Japan Trustee Services Bank, Toyota Industries Corporation, The Master Trust Bank of Japan, Nippon Life Insurance Company, State Street Bank and Trust Company, DENSO Corporation, JP Morgan Chase & Company and Mitsui Sumitomo Insurance Company, among others.