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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Toyota Motor Corporation    7203   JP3633400001

TOYOTA MOTOR CORPORATION

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Toyota Motor : , Mazda resume some China operations after virus suspension

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02/17/2020 | 12:43am EDT

Toyota Motor Corp. and Mazda Motor Corp. said they partially resumed operations on Monday at factories in China, at reduced output, after they had been suspended due to the coronavirus outbreak.

Toyota said that of its four vehicle plants in China, those in Changchun and Guangzhou restarted manufacturing. The factories in Tianjin and Chengdu will resume output from Tuesday and Feb. 24 or later, respectively.

"As we will only know the situation of local parts makers when we (actually) resume operations at our factories, we want to operate them carefully with safety the top priority," Toyota President Akio Toyoda told reporters.

Mazda rebooted its vehicle plant in Nanjing at reduced output, aiming for full operation gradually, in line with availability of parts. It had previously aimed for a Feb. 12 restart at the earliest.

The automaker is also preparing to resume operations at its engine factory in Nanjing, while its vehicle plant in Changchun is expected to restart in the near future.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MAZDA MOTOR CORPORATION 6.02% 616 End-of-day quote.3.01%
TOYOTA MOTOR CORPORATION 1.31% 6253 End-of-day quote.-0.19%
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Financials (JPY)
Sales 2020 29 968 B
EBIT 2020 2 550 B
Net income 2020 2 327 B
Debt 2020 15 396 B
Yield 2020 3,29%
P/E ratio 2020 8,71x
P/E ratio 2021 8,89x
EV / Sales2020 1,17x
EV / Sales2021 1,17x
Capitalization 19 541 B
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Technical analysis trends TOYOTA MOTOR CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 8 211,11  JPY
Last Close Price 7 029,00  JPY
Spread / Highest target 42,3%
Spread / Average Target 16,8%
Spread / Lowest Target -13,2%
EPS Revisions
Managers
NameTitle
Akio Toyoda President, CEO & Representative Director
Takeshi Uchiyamada Chairman
Didier Leroy Director, Head-Sales & Operations
Koji Kobayashi CFO, Director, Chief Risk Officer & Executive VP
Shigeki Terashi Director, Chief Technology Officer & Executive VP
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