Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Toyota Tsusho Corporation
  6. News
  7. Summary
    8015   JP3635000007

TOYOTA TSUSHO CORPORATION

(8015)
  Report
Delayed Japan Exchange  -  01:00:00 2023-01-31 am EST
5460.00 JPY   +0.74%
01/30Toyota Tsusho : Vehicle Assembly Production of Suzuki Swift Starts in Ghana- Promoting Local Production for Local Consumption of Automobiles in Africa -
PU
01/27Toyota Tsusho Corporation, Internet Initiative Japan Inc, NEC Corporation and NTT Communications Corporation Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project
CI
01/27Sam-A Aluminium Company, Limited announced that it has received KRW 115.2549918 billion in funding from LG Energy Solution, Ltd., Toyota Tsusho Corporation, JKL ESG Future Mobility Value Chain Private Equity Fund Co., Ltd
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Toyota Tsusho Shares Rise After Company Raises Guidance

10/30/2022 | 09:17pm EST

By Justina Lee


Toyota Tsusho Corp. shares rose Monday morning after the company raised its full-year net profit forecast following stronger first-half earnings.

Shares of Toyota Motor Corp.'s trading arm gained as much as 9.2% to 4,965 yen in early trade, and were recently 7.2% higher.

Toyota Tsusho reported a 19% rise in first-half net profit to 151.28 billion yen ($1.03 billion) from Y127.57 billion a year earlier.

Revenue climbed 31% to Y4.908 trillion, supported by volume growth in automotive sales, higher metal market prices, and rising electricity prices in Europe.

The company raised its full-year net profit guidance to Y270.00 billion from Y210.00 billion. It is seeking to further expand its renewable-energy and conversational AI products businesses.


Write to Justina Lee at justina.lee@wsj.com


(END) Dow Jones Newswires

10-30-22 2216ET

Stocks mentioned in the article
ChangeLast1st jan.
TOYOTA INDUSTRIES CORPORATION -0.76% 7870 Delayed Quote.9.53%
TOYOTA MOTOR CORPORATION -0.29% 1896.5 Delayed Quote.4.94%
TOYOTA TSUSHO CORPORATION 0.74% 5460 Delayed Quote.10.95%
All news about TOYOTA TSUSHO CORPORATION
01/30Toyota Tsusho : Vehicle Assembly Production of Suzuki Swift Starts in Ghana- Promoting Loc..
PU
01/27Toyota Tsusho Corporation, Internet Initiative Japan Inc, NEC Corporation and NTT Commu..
CI
01/27Sam-A Aluminium Company, Limited announced that it has received KRW 115.2549918 billion..
CI
01/13President João Lourenço Addresses Port of Namibe's Development
AQ
2022Toyota Tsusho : Basic agreement signed to explore joint undertaking of hydrogen production..
PU
2022Sam-A Aluminium Company, Limited announced that it expects to receive KRW 115.2549918 b..
CI
2022Cargotec's Kalmar Partners With Toyota Tsusho, Ricardo On Fuel Cell-powered Terminal Tr..
MT
2022Ideanomics Unit US Hybrid Continues Hydrogen Power Conversion Project With Toyota Tsush..
MT
2022Toyota Tsusho : Basic agreement signed to explore joint undertaking of hydrogen production..
PU
2022Toyota Tsusho : to Participate in Design/Construction/Maintenance Project in Indonesia for..
PU
More news
Analyst Recommendations on TOYOTA TSUSHO CORPORATION
More recommendations
Financials
Sales 2023 9 546 B 73 362 M 73 362 M
Net income 2023 279 B 2 145 M 2 145 M
Net Debt 2023 1 441 B 11 070 M 11 070 M
P/E ratio 2023 6,89x
Yield 2023 3,60%
Capitalization 1 921 B 14 764 M 14 764 M
EV / Sales 2023 0,35x
EV / Sales 2024 0,34x
Nbr of Employees 65 218
Free-Float 62,7%
Chart TOYOTA TSUSHO CORPORATION
Duration : Period :
Toyota Tsusho Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOYOTA TSUSHO CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 5 460,00 JPY
Average target price 6 061,43 JPY
Spread / Average Target 11,0%
EPS Revisions
Managers and Directors
Ichiro Kashitani Manager-Automotive Planning
Hideyuki Iwamoto Manager-Corporate Planning
Nobuhiko Murakami Chairman
Kumi Fujisawa Independent Outside Director
Kunihito Komoto Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
TOYOTA TSUSHO CORPORATION10.95%14 628
MITSUBISHI CORPORATION1.84%48 513
ITOCHU CORPORATION1.01%46 982
MITSUI & CO., LTD.0.34%45 253
ADANI ENTERPRISES LIMITED-25.41%40 899
SUMITOMO CORPORATION6.10%22 344