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The latest announcement is out from Toyota Motor ( (JP:7203) ).
Toyota Motor Corporation has announced a significant business integration involving its subsidiary, Hino Motors, and Mitsubishi Fuso Truck and Bus Corporation, a subsidiary of Daimler Truck AG. This integration will result in the formation of a new holding company, leading to Hino ceasing to be a consolidated subsidiary of Toyota. This strategic move is expected to reshape Toyota’s operations and influence its market positioning, potentially impacting stakeholders and the broader automotive industry.
The most recent analyst rating on (JP:7203) stock is a Buy with a Yen3800.00 price target. To see the full list of analyst forecasts on Toyota Motor stock, see the JP:7203 Stock Forecast page.
More about Toyota Motor
Toyota Motor Corporation is a leading company in the automotive industry, known for manufacturing a wide range of vehicles, including cars, trucks, and buses. The company is focused on innovation and sustainability, maintaining a strong market presence globally.
Average Trading Volume: 31,009,775
Technical Sentiment Signal: Hold
Current Market Cap: Yen34605.8B
Find detailed analytics on 7203 stock on TipRanks’ Stock Analysis page.