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Two developments with Toyota Motor (NYSE: TM) weren't greeted with enthusiasm by the stock market Thursday. Investors exited the stock, to the point where it was trading down by almost 3% in late ...
The stock's rise comes after the Nikkei newspaper reported the company aims to double its return on equity target to 20%, up from market forecasts of 11% for the year ending in March.
The Prius is one of several Toyota models caught up in a crash-testing scandal in Japan, but Monday's stock move was more about exchange rates. Image source: Toyota Motor. A big surge for the yen ...
Toyota Industries Corporation (株式会社豊田自動織機, Kabushiki gaisha Toyota Jidō Shokki (English "Stock Company Toyota Automatic Loom")) is a Japanese machine maker. Originally, and still actively (as of 2024 [update] ), [ 5 ] a manufacturer of automatic looms , it is the company from which Toyota Motor Corporation developed.
By market close today, the company's shares had lost 3.5% of their value; investors would have been better off simply tracking the S&P 500 index, which slipped by only 0.1%. A 42,000-strong recall
Of course, Europe has been the worst auto market this year, as its economy has lagged the U.S. and others. But industry group Cox Automotive has also predicted a tepid U.S. market, forecasting a ...
Toyota Motor Europe (TME) is a subsidiary of Toyota Motor Corporation, overseeing operations across Europe and Western Asia, including Turkey, Russia, Israel, Kazakhstan, and the Caucasus. TME’s activities encompass research and development, manufacturing, sales, marketing, after-sales, and various corporate functions.
Kyoho kai group – Auto parts company – 211 companies. Kyouei kai group – Logistic/facility company – 123 companies. KDDI (Toyota owns 11.09% of the company); Nagoya Broadcasting Network (Toyota owns 34.6% and is the largest single shareholder in the company; 36.9% of the stock are directly and indirectly (through TV Asahi Holdings Corporation) owned by Asahi Shimbun, making it the ...