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MarketScreener Homepage  >  Equities  >  Tokyo  >  Toyota Motor Corp    7203   JP3633400001

TOYOTA MOTOR CORP

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Toyota Motor : in partnership talks with Chinese auto battery maker CATL

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06/06/2019 | 10:13pm EDT

Toyota Motor Corp. has begun talks with Chinese automobile battery maker Contemporary Amperex Technology Co., sources familiar with the matter said Friday, as it looks to expand its production of all-electric vehicles.

An alliance would provide a stable supply of batteries as the Japanese carmaker pursues further development of EVs amid tightening fuel consumption regulations around the world.

Toyota will hold a briefing on Friday in Tokyo about its current production of battery-equipped cars, including gasoline-electric hybrids, and future direction

The major automaker is expected to achieve the goal of selling over 5.5 million electrified vehicles by 2025, five years earlier than the initial target, of which more than 1 million will be EVs or fuel cell vehicles.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
CONTEMPORARY AMPEREX TECHNOLOGY CO LTD End-of-day quote.
TOYOTA MOTOR CORP 0.14% 6916 End-of-day quote.11.91%
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Financials (JPY)
Sales 2020 30 334 B
EBIT 2020 2 552 B
Net income 2020 2 251 B
Debt 2020 14 060 B
Yield 2020 3,40%
P/E ratio 2020 8,85x
P/E ratio 2021 8,34x
EV / Sales2020 1,10x
EV / Sales2021 1,14x
Capitalization 19 444 B
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Technical analysis trends TOYOTA MOTOR CORP
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 7 997,50  JPY
Last Close Price 6 916,00  JPY
Spread / Highest target 44,6%
Spread / Average Target 15,6%
Spread / Lowest Target -4,57%
EPS Revisions
Managers
NameTitle
Akio Toyoda President & Representative Director
Takeshi Uchiyamada Chairman
Koji Kobayashi CFO, Representative Director & EVP
Shigeki Terashi Director & Executive Vice President
Shigeru Hayakawa Vice Chairman
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