Tag Archives: tmc

Toyota Motor FY Q1 Profit Drop Spooks Market

Posted on 4 August 2022 by Ken Zino

Aside from the well-known semiconductor problems, Covid lockdowns in Shanghai and other parts of Asia, as well as flooding in South Africa hurt the results. Toyota shares fell -3.45% after it released its earnings report, which showed a 42% year-over-year drop in operating profit, but recovered slightly to close down -2.99%. The Nikkei average share closed up 0.69% at ¥27,932.20 and even topped the ¥28,000 mark. Continue reading →

Posted in economy, financial results | Tagged , , , , | Leave a comment

TMC Posts Revenues of $265 Billion for Fiscal Year

Posted on 9 May 2018 by Ken Zino

Region by region Toyota is experiencing the effects of a slowdown in the global automotive economy along with an ongoing increase in competition. As a result, volume is down slightly, but operating income is up. Continue reading →

Posted in economy, financial results, sales | Tagged , , , , | Leave a comment

Strong Yen Hurts Toyota Motor Profits as Sales Rise

Posted on 8 November 2016 by Ken Zino

Nevertheless, TMC’s Board of Directors agreed to pay 100 yen per share as the interim dividend on common shares, and have also resolved to buy back up to 200 billion yen, or 40 million shares, of the company’s common stock. Continue reading →

Posted in financial results | Tagged , , , , , , | Leave a comment

Toyota Motor Posts Huge Gains in Income and Profits

Posted on 6 November 2013 by Ken Zino

Toyota Motor Corporation today said it had net income of ¥1 trillion for the six-month period ending 30 September 2013. The huge increase from ¥548.2 billion in the same period the year earlier came with flat sales but TMC, the largest automaker in Japan and the world, benefited enormously from the manipulation of the yen by the Japanese government to keep it artificially weak. Continue reading →

Posted in economy, financial results | Tagged , , , | Leave a comment

Aftershocks – Toyota Revenues Drop 10%, Profits Down 57.5%

Posted on 7 February 2012 by Ken Zino

Major factors contributing to the decrease include the negative effects of marketing activities and incentives of ¥120 billion, as well as currency fluctuations of ¥200 billion, both breathtaking demonstrations of leverage effects in the automobile business. Continue reading →

Posted in auto news, financial results, news analysis, results | Tagged , , , , , , , | Leave a comment

Toyota Adds Wrong-Way Driving Alert to Navigation Systems

Posted on 27 May 2011 by Ken Zino

In theory there is no reason why Japan’s largest automaker could not expand the use of the wrong-way driving alert to the U.S. and other large markets, where Toyota is struggling with a damaged safety reputation from stuck gas pedals and unintended acceleration recalls. Continue reading →

Posted in auto news, distracted driving, marketing, safety | Tagged , , , , , , , , , , , , | Leave a comment

Toyota to Increase North American Production in June

Posted on 13 May 2011 by Ken Zino

Toyota Motor Engineering & Manufacturing North America (TEMA) said it will increase production this June to about 70% of normal levels, up from 30% in May as a result of parts shortages caused by the Japan earthquake.

Models returning to 100% production in June are Avalon, Camry, Corolla, Highlander, Matrix, Sequoia, Sienna and Venza. Continue reading →

Posted in auto news, economy, manufacturing | Tagged , , , , , , , , , | Leave a comment