NEW YORK, Aug. 7, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Toyota Motor Corporation (NYSE: TM) between June 23, 2022 and June 2, 2024, both dates inclusive (the "Class Period"), of the important August 23, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.So what: If you purchased Toyota securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or co ...

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Toyota Motor Corporation (NYSE: TM). Shareholders who purchased shares of TM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/toyota-loss-submission-form-2/?id=94052&from=3 CLASS PERIOD: June 23, 2022 to J ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Toyota To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Toyota between June 25, 2022 and June 2, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/TM.NEW YORK, Aug. 7, 202 ...

TRD, U.S.A. President David Wilson announces retirement Appointment of Tyler Gibbs to TRD, U.S.A. President PLANO, Texas, Aug. 7, 2024 /PRNewswire/ -- Toyota Motor North America (TMNA) today announced executive leadership changes as David Wilson, group vice president and president of TRD, U.S.A. (Toyota Racing Development), will retire on December 16 after 35 years with the organization. General Manager Tyler Gibbs will succeed Wilson as president of TRD, a subsidiary of Toyota Motor North America (TMNA). ...

Oslo, 5 August 2024: Scatec ASA, a leading renewable energy provider, and Aeolus SA, part of the Japanese conglomerate Toyota Tsusho Group, have signed a partnership agreement to jointly develop and own renewable energy projects in Tunisia. In parallel, financial close has been achieved for the 120 MW Sidi Bouzid and Tozeur solar projects (each 60 MW), which are part of the partnership agreement. Scatec will now start construction of the projects. In 2019, Scatec was awarded 20-year power purchase agreement ...

NEW YORK, Aug. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Toyota Motor Corporation (NYSE: TM).Shareholders who purchased shares of TM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/toyota-loss-submission-form-2/?id=93539&from=4CLASS PERIOD: June 23, 2022 to June 2, 20 ...

Toyota GAZOO Racing Adds Direct Automatic Transmission to GR CorollaNew Premium Plus Grade Now Available2025 GR Corolla Provides More Engine Torque at 295 lb.-ft.Launch Control Adopted to Help Enable Powerful AccelerationSuspension Enhancements Add Stability When CorneringRedesigned Front Bumper to Improve Cooling and AerodynamicsComplimentary 1-year membership to the National Auto Sport AssociationLOS ANGELES, Aug. 1, 2024 /PRNewswire/ -- The GR Corolla has expanded the fun quotient. Now both hardcore enth ...

Good, but not great, earnings and some looming bumps in the road have investors worried.Shares of Toyota Motor (TM -6.44%) fell on Thursday after the company reported earnings, on concerns about a scandal in Japan and softening demand in China.As of 11:30 a.m. ET, Toyota's American depositary shares were down about 5.6% from Wednesday's closing price. Earnings were good, but there are reasons for concernToyota's earnings weren't bad. The Japanese auto giant reported operating profit of 1.3 trillion yen ($8. ...

KEY TAKEAWAYSToyota Motor American depositary receipts (ADRs) fell Thursday even though the automaker posted better-than-expected first-quarter results on a weak yen and strong hybrid vehicle sales.The Japanese company said its Q1 net profit rose 1.7% year-over-year to 1.33 trillion yen ($8.83 billion), while revenue increased 12% to Y11.84 trillion ($78.62 billion). The yen has been rising for weeks, which may weigh on overseas sales. Toyota Motor (TM) American depositary receipts (ADRs) fell Thursday even ...

Financial Performance - Operating income for FY2025 Q1 reached 1.3 trillion yen, an increase of 0.2 trillion yen year-on-year[5]. - Total sales revenues for FY2025 Q1 were 11.84 trillion yen, up by 1.29 trillion yen from the previous year[8]. - Net income attributable to Toyota Motor Corporation for FY2025 Q1 was 1.33 trillion yen, a slight increase of 1.7% compared to the previous year[24]. - The operating margin improved to 11.1% in FY2025 Q1, up from 10.6% in the same period last year[8]. - Operating income increased by 187.5 billion yen, or 16.7%, to 1,308.4 billion yen in FY2025 first quarter compared to FY2024 first quarter[30]. - Net income attributable to Toyota Motor Corporation increased by 21.9 billion yen, or 1.7%, to 1,333.3 billion yen in FY2025 first quarter compared to FY2024 first quarter[30]. - Total revenues from external customers for the first quarter ended June 30, 2024, reached ¥11,837,879 million, up from ¥10,546,831 million in the previous year, indicating a year-over-year increase of about 12.2%[60]. - Operating income for the first quarter ended June 30, 2024, was ¥1,308,462 million, compared to ¥1,120,900 million in the same quarter of the previous year, reflecting a growth of approximately 16.7%[60]. - Comprehensive income for the period decreased from ¥2,553,887 million in Q1 FY2024 to ¥2,196,759 million in Q1 FY2025, a decline of 14.0%[50]. Sales and Production - Vehicle sales for Toyota and Lexus totaled 2,538 thousand units, representing a year-on-year increase of 1.9%[7]. - Consolidated vehicle unit sales decreased by 74 thousand units, or 3.2%, to 2,252 thousand units in FY2025 first quarter compared to FY2024 first quarter[29]. - Vehicle production for FY2025 Q1 was 2,186 thousand units, a decrease from 2,345 thousand units in FY2024 Q1, representing a decline of 6.8%[66]. - Total vehicle sales for FY2025 Q1 reached 2,252 thousand units, down from 2,326 thousand units in FY2024 Q1, indicating a decrease of 3.2%[66]. - The forecast for total vehicle sales for FY2025 is set at 9,500 thousand units, indicating a strategic target for growth[66]. Financial Services - Sales revenues for financial services operations increased by 230.1 billion yen, or 29.7%, to 1,005.3 billion yen in FY2025 first quarter compared to FY2024 first quarter[33]. - The Financial services segment reported external revenues of ¥992,656 million for the first quarter ended June 30, 2024, up from ¥761,377 million in the previous year, representing a growth of about 30.4%[60]. - The Financial Services business saw an increase in operating income year-on-year, primarily due to a rise in loan balances[80]. Assets and Liabilities - Total assets increased by 3,923.0 billion yen, or 4.4%, to 94,037.3 billion yen at the end of FY2025 first quarter compared to the end of FY2024[41]. - Total liabilities increased from ¥54,874,958 million as of March 31, 2024, to ¥57,257,947 million as of June 30, 2024, a rise of 4.9%[46]. - Total current liabilities increased from ¥29,177,909 million as of March 31, 2024, to ¥30,205,278 million as of June 30, 2024, an increase of 3.5%[46]. Cash Flow and Dividends - Cash and cash equivalents decreased by 1,814.9 billion yen, or 19.3%, to 7,597.0 billion yen at the end of FY2025 first quarter compared to the end of FY2024[42]. - Cash flows from operating activities for the first quarter ended June 30, 2024, decreased significantly to ¥683,661 million from ¥1,358,218 million in the prior year, a decline of about 49.7%[55]. - The company plans to increase cash dividends per share to 75 yen for FY2025, up from 45 yen in FY2024, reflecting a commitment to shareholder returns[67]. - Dividends paid to common shareholders increased to ¥606,338 million for the first quarter ended June 30, 2024, from ¥474,781 million in the previous year, reflecting a rise of about 27.7%[55]. Strategic Initiatives - The company plans to continue investing in human resources and future initiatives to strengthen its foundations[5]. - R&D expenses for FY2025 are projected to be 1,300.0 billion yen[68]. - Capital expenditures for FY2025 are projected to be 2,150.0 billion yen[68]. - The company reported a share of profit from investments accounted for using the equity method of 164.9 billion yen for FY2025 Q1, compared to 193.3 billion yen in FY2024 Q1[67]. - The value of shares repurchased in FY2025 was 18.9 billion yen, part of the ongoing strategy to enhance shareholder value[67]. Market Conditions - The foreign exchange rate for the US dollar was 156 yen, impacting the overall financial performance positively[8]. - Foreign exchange rate effects increased operating income by 370 billion yen, while cost reduction efforts contributed an additional 55 billion yen[77]. - Despite a decrease in production and sales volume in Japan, profit increased due to foreign exchange effects and cost reduction efforts[73]. - Operating income in China decreased year-on-year due to a decline in sales volume and an increase in sales expenses[80].