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

TOYOTA MOTOR CORPORATION

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Toyota Motor : Statement on Reported COVID-19 Infection at Toyota Work Site in Japan

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04/04/2020 | 07:16am EDT

Today, Toyota confirmed that a male, full-time employee in his 20s working as a line worker at its Motomachi Plant in Toyota City, Aichi Prefecture, Japan has tested positive for COVID-19. The employee in question developed a fever on Monday, March 30, and, on April 2, the employee was transported by ambulance to a hospital in Toyota City, at which he underwent a COVID-19 virus test. The test returned positive today. The employee is currently hospitalized.

The employee, who used two paid holidays on March 26 and 27 to visit his family in Tokyo from March 26 to 29, including a two-day weekend, last reported to work on March 25. As such, there was no occasion for the employee to have close contact with other employees in his workplace after developing a fever. However, two employees who share common space in the dormitory at which the employee lives have been asked to stay home for 14 days from the date of their last contact. Toyota also immediately and thoroughly disinfected the affected work sites on April 2 and resumed operation shortly afterwards.

We sincerely apologize for any anxiety or concern that this news might cause people in the immediate and surrounding regions. We are treating this as an issue that affects all locations and will further enhance our communication with staff at all locations, including about how to spend time off away from work and to be aware of the state of their health, to prevent the spread of COVID-19. We will do our best to provide timely updates as the situation progresses and will implement measures to prevent the further spread of the virus.

Disclaimer

Toyota Motor Corporation published this content on 04 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2020 11:15:07 UTC

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Financials
Sales 2020 29 674 B 275 B 275 B
Net income 2020 2 193 B 20 344 M 20 344 M
Net Debt 2020 15 589 B 145 B 145 B
P/E ratio 2020 8,84x
Yield 2020 3,21%
Capitalization 18 685 B 173 B 173 B
EV / Sales 2019
EV / Sales 2020 1,16x
Nbr of Employees 359 542
Free-Float 70,6%
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 7 611,11 JPY
Last Close Price 6 755,00 JPY
Spread / Highest target 37,7%
Spread / Average Target 12,7%
Spread / Lowest Target -21,5%
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Managers
NameTitle
Akio Toyoda President, CEO & Representative Director
Takeshi Uchiyamada Chairman
Kenta Kon Chief Financial Officer
Shigeki Terashi Director, Chief Technology Officer & Executive VP
Seiji Sakai Manager-Information Systems & IT Management
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