As you might be aware, the J300 series Land Cruiser buyers in Japan are reportedly required to sign a contract that essentially restricts them from reselling or exporting the vehicle. The reason for this as mentioned in the pledge document shared by a future owner, are the risks of “violating foreign exchange law” and “threatening global security”.
According to this document, the future owners while pre-ordering must confirm that they’ll not resell or export the vehicle, and if they break the contract, there’ll be repercussions. Toyota appears to be worried about North Koreans or militant groups getting hold of these new Land Cruisers which offer more advanced capabilities.
The Japanese giant issued clarifications on this matter via local media that translates as follows:
Toyota dealers and Toyota Motor Corporation share a common understanding that when selling vehicles to customers in Japan, the sale does not end, but that each dealership will continue a responsible relationship with the customer, including after-sales service, in order to protect the safety and security of the customer.
In addition, the Land Cruiser is particularly popular overseas, and we are concerned about the flow of vehicles from Japan to overseas immediately after their release, as well as the possibility of them being exported to certain regions where security regulations are in place.
We are also aware that if the situation were to develop to the point where a Toyota dealership was to be investigated on suspicion of involvement in a violation of the Foreign Exchange and Foreign Trade Law (Foreign Exchange Law), it would be a major problem not only for the Toyota dealership in question but also for all Toyota dealers and Toyota Motor Corporation.
As a vehicle manufacturer, Toyota Motor Corporation, from the standpoint of compliance with laws and regulations, has alerted all Toyota dealers nationwide to the possibility of the said violation of Foreign Exchange and Foreign Trade Law, in order to minimize the risk of legal violations.
With this as a reference, we recognize that each dealer has made a decision from the perspective of legal compliance and has received a written pledge from the customer. These measures were taken based on the recent global situation and the characteristics of the Land Cruiser, and we believe that they do not violate the Anti-Monopoly Law.
Anyway, let’s hope this works. Because, remember, Kim Jong-un managed to procure an armoured Mercedes despite sanctions.
Sources: Shima Base, creative311, mag-x
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