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TOYOTA MOTOR CORPORATION

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Delayed Japan Exchange  -  02:00 2022-07-05 am EDT
2116.50 JPY   +0.17%
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Ex-exec Hamp arrested in 2015 on drug offence returns to Toyota

06/23/2022 | 04:10am EDT
FILE PHOTO: A car carrying former Toyota Motor Corp executive Hamp leaves Harajuku Police Station in Tokyo

TOKYO (Reuters) - Julie Hamp, a former Toyota Motor Corp executive who was arrested and then released in Japan in 2015 over the suspected illegal importation of the painkiller oxycodone, has returned to the company, it said on Thursday.

The American, who was the automaker's first female managing officer, has been appointed to a senior media adviser for Toyota Motor North America as of June 20, a Toyota spokesperson said.

She will assist media relations and ESG response in addition to supporting the automaker's president, Akio Toyoda.

Toyota does not see Hamp's appointment as a problem since she was not indicted, the spokesperson said.

Hamp, a former General Motors Co and PepsiCo Inc executive, assumed the title of managing officer and chief communications officer in April 2015.

Joining Toyota's North American unit in 2012, her promotion was part of an endeavour to bring in women and non-Japanese nationals into a male-dominated, mostly Japanese executive line-up.

Hamp was arrested in June 2015, shortly after relocated to Japan, when custom officials found tablets of oxycodone in a parcel shipped to her from the United States.

She said at that time she did not think she had imported an illegal substance, and Toyota said it believed that she had no intent of breaking the law.

Nevertheless, she stepped down from the position. She was released from custody and prosecutors did not indict her in the following month.

(Reporting by Satoshi Sugiyama; editing by Jason Neely)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
GENERAL MOTORS COMPANY -2.55% 31.365 Delayed Quote.-45.10%
PEPSICO, INC. -1.61% 166.66 Delayed Quote.-2.49%
TOYOTA INDUSTRIES CORPORATION 0.73% 8250 Delayed Quote.-10.88%
TOYOTA MOTOR CORPORATION 0.17% 2116.5 Delayed Quote.0.36%
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Financials
Sales 2023 34 934 B 257 B 257 B
Net income 2023 2 936 B 21 629 M 21 629 M
Net Debt 2023 19 064 B 140 B 140 B
P/E ratio 2023 10,0x
Yield 2023 2,87%
Capitalization 29 068 B 214 B 214 B
EV / Sales 2023 1,38x
EV / Sales 2024 1,28x
Nbr of Employees 372 817
Free-Float 70,0%
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Mean consensus BUY
Number of Analysts 19
Last Close Price 2 116,50 JPY
Average target price 2 481,11 JPY
Spread / Average Target 17,2%
EPS Revisions
Managers and Directors
Akio Toyoda Director & General Manager-Asia
Kenta Kon Chief Financial Officer, Director & GM-Accounting
Takeshi Uchiyamada Director & Manager-Development Center 2
Keiji Yamamoto Chief Information & Security Officer
Seiji Sakai Manager-Information Systems & IT Management
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