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    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
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End-of-day quote. End-of-day quote Japan Exchange - 12/03
2079 JPY   +1.64%
12/03USTR backs efforts to strengthen U.S. EV industry despite objections
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Toyota exec: Not everyone should drive a battery electric vehicle

10/21/2021 | 02:37pm EST
Gill Pratt, CEO of the Toyota Research Institute (TRI), speaks by a research vehicle equipped with Toyota Guardian, a accident avoidance system that assists drivers, during a Toyota news conference at the 2019 CES in Las Vegas

(Reuters) - Many people are passionate about climate change, but not everybody should drive a battery electric vehicle as a means to combat climate change, Toyota Motor Corp Chief Scientist Gill Pratt said on Thursday at the Reuters Events Automotive Summit.

Toyota believes in "diversity of drivetrains" to give customers different tools to reduce CO2, Pratt said.

"It's not for us to predict which solution is the best or say only this will work," Pratt said during a discussion of electric vehicles.

Government incentives should be aimed at reducing carbon emissions, not picking which car technology is the best way to achieve those goals, he said.

(Reporting by Paul Lienert in Detroit; Editing by Matthew Lewis)


ę Reuters 2021
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Financials
Sales 2022 31 164 B 276 B 276 B
Net income 2022 2 747 B 24 358 M 24 358 M
Net Debt 2022 18 313 B 162 B 162 B
P/E ratio 2022 10,7x
Yield 2022 2,77%
Capitalization 28 766 B 254 B 255 B
EV / Sales 2022 1,51x
EV / Sales 2023 1,36x
Nbr of Employees 366 283
Free-Float 69,9%
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 2 079,00 JPY
Average target price 2 368,50 JPY
Spread / Average Target 13,9%
EPS Revisions
Managers and Directors
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
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