Toyota

Toyota

Company Spotlight

MarketWatch: Automotive

Company Spotlight: Toyota Motor Corporation
Toyota Motor Corporation has reported a net income attributable to the company of JPY257.92bn (or JPY81.44 per diluted share) for the second quarter ended September 30, 2012, compared to JPY80.42bn (or JPY25.65 per diluted share) for the same quarter ended September 30, 2011. The company has also provided forecasts for fiscal 2013. Total net revenues for the second quarter ended September 30, 2012 were JPY5.41tn, compared to JPY4.57tn for the same quarter ended September 30, 2011. Net income attributable to the company for the six months ended September 30, 2012 was JPY548.27bn (or JPY173.13 per diluted share), compared to JPY81.58bn (or JPY26.02 per diluted share) for the same period ended September 30, 2011. Total net revenues for the six months ended September 30, 2012 were JPY10.91tn, compared to JPY8.01tn for the same period ended September 30, 2011. Operating income for the six months ended September 30, 2012 was JPY693.75bn, compared to an operating loss of JPY32.57bn for the same period ended September 30, 2011. For fiscal 2013, the company forecasts net revenues of JPY21.30tn, operating income of JPY1.05tn, and net income attributable to the company of JPY780bn and JPY246.30 per basic share. Business description Toyota Motor is one of the largest automobile manufacturers in the world. The company is engaged in the design, manufacture, assembly, and sale of passenger cars, minivans, compact cars, SUVs, trucks, and related parts and accessories throughout the world. It also provides financing, vehicle and equipment leasing, and certain other financial services, primarily to its dealers and their customers to support the sales of vehicles and other products manufactured by Toyota. The company and its affiliates produce automobiles and related parts and components through more than 50 manufacturing companies in 26 countries and regions. Toyota sells its vehicles in...

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