By Daniel Leussink and Maki Shiraki

TOKYO (Reuters) -Toyota Motor does not face an immediate chip shortage from recent Chinese export restrictions related to chipmaker Nexperia, even as the Japanese automaker is carefully watching risks to production, Chief Executive Koji Sato said.

“I do think there’s some risk, but it’s not like we’re facing shortages tomorrow,” Sato told reporters at the Japan Mobility Show in Tokyo on Wednesday afternoon.

While the issue could impact Toyota’s output, the world’s top-selling automaker would not be suddenly exposed to a major supply crunch, he said.

Automakers worldwide are scrambling to secure chips and review inventories as concerns mount over a deepening supply squeeze linked to Dutch chipmaker Nexperia.

China banned exports of Nexperia’s product

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