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    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
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Toyota Motor : , Mazda resume some China operations after virus suspension

02/16/2020 | 11:43pm 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 -2.96% 984 End-of-day quote.42.20%
TOYOTA MOTOR CORPORATION -3.88% 9833 End-of-day quote.23.58%
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Financials
Sales 2021 26 768 B 243 B 243 B
Net income 2021 1 963 B 17 820 M 17 820 M
Net Debt 2021 13 969 B 127 B 127 B
P/E ratio 2021 14,0x
Yield 2021 2,29%
Capitalization 26 947 B 244 B 245 B
EV / Sales 2021 1,53x
EV / Sales 2022 1,47x
Nbr of Employees 366 283
Free-Float 72,0%
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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 21
Average target price 10 342,11 JPY
Last Close Price 9 833,00 JPY
Spread / Highest target 27,1%
Spread / Average Target 5,18%
Spread / Lowest Target -22,7%
EPS Revisions
Managers and Directors
NameTitle
Akio Toyoda Executive President, CEO & Representative Director
Kenta Kon CFO, Director & Chief Officer-Accounting Group
Takeshi Uchiyamada Chairman
Keiji Yamamoto Chief Information, Security & Software Officer
Seiji Sakai Manager-Information Systems & IT Management
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA MOTOR CORPORATION23.58%249 345
VOLKSWAGEN AG43.29%153 095
DAIMLER AG33.38%97 763
GENERAL MOTORS COMPANY41.11%85 241
BMW AG25.92%70 084
FORD MOTOR COMPANY65.19%57 959