A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesDETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are "impossible" to meet and, if they're not changed, will lead to less customer choice in several states.Current requirements under the California Air Resources Board's "Advanced Clean Cars II" regulations call for 35% of 2026 model-year vehi ...

Investment Philosophy - The investment strategy focuses on identifying mispriced securities by analyzing the drivers behind a company's financials, often using a DCF model valuation [1] - This approach is not limited to traditional value, dividend, or growth investing but considers all aspects of a stock's prospects to determine the risk-to-reward ratio [1] Market Focus - The investment experience spans US, Canadian, and European markets, with a major focus on small-cap companies [1] Disclosure - The analyst has no stock, option, or derivative positions in any of the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article expresses the analyst's own opinions and is not influenced by any business relationships with the mentioned companies [2]

FY2025 Second Quarter Financial Results 1 (P) Camry Toyota Motor Corporation November 6, 2024 TOYOTA Cautionary Statement with Respect to Forward-Looking Statements and Caution Concerning Insider Trading This presentation contains forward-looking statements that reflect the plans and expectations of Toyota Motor Corporation and its consolidated subsidiaries ("Toyota"). These forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other facto ...

Toyota Motor Corporation (NYSE:TM) Q2 2025 Earnings Conference Call November 6, 2024 12:00 AM ET Company Participants Masahiro Yamamoto - Chief Officer of Accounting Division Group Yoichi Miyazaki - EVP and CFO Hiroyuki Ueda - Chief Officer of Corporate Communications Group Conference Call Participants Hayakawa Shuntaro - NHK Unidentified Company Representative Ladies and gentlemen, thank you very much for joining us for the media briefing for the Fiscal Year ‘25 Q2 Financial Results. About the document to ...

Financial Data and Key Metrics - Operating income for the first half of FY2025 was 2.4642 trillion yen, nearly on par with the same period last year despite production halts and additional expenses [3][4] - Full-year operating income forecast remains unchanged at 4.300 trillion yen [5] - Consolidated vehicle sales for the first half were 4.556 million units, 96% of the same period last year, with Toyota and Lexus sales at 5.029 million units, 97.2% of last year [7] - Sales revenue for the first half was 23.2824 trillion yen, with net income at 1.9071 trillion yen, a significant decrease due to foreign currency valuation losses [8] - Full-year consolidated vehicle sales forecast is 9.400 million units, 98.9% of the previous forecast, with Toyota and Lexus sales expected to reach 10.100 million units, 97.1% of the previous forecast [14][15] Business Line Data and Key Metrics - Electrified vehicles accounted for 44.4% of sales, driven by strong HEV performance in North America, Europe, and Asia [7] - Financial Services business saw increased operating income due to higher loan balances [12] - Value chain earnings increased by over 100 billion yen annually, driven by dealer efforts and expanded maintenance packages [23][24] Market Data and Key Metrics - Japan's operating income decreased due to lower sales volume and supplier support efforts [11] - North America's operating income decreased due to lower sales volume, deteriorating sales mix, and rising labor costs [11] - Europe and Asia saw increased operating income mainly due to cost reduction efforts [11] - China's operating income decreased due to higher sales expenses, but profitability remains on par with domestic manufacturers [11][59] Company Strategy and Industry Competition - The company plans to invest 830 billion yen in human resources and growth areas for the full year to strengthen car manufacturing foundations [5] - Production volume recovery is a key focus, with domestic production expected to reach 1.75 million units in the second half, up from 1.53 million units in the first half [20][21] - The company aims to reduce incentives and expand value chain earnings while maintaining lean operations [22][23] - Internalizing battery technologies, including ternary lithium, lithium-ion phosphate, and solid-state batteries, is a strategic priority [32][33] Management Commentary on Business Environment and Future Outlook - The company acknowledges the impact of foreign exchange fluctuations on net income but emphasizes that it does not reflect actual business deterioration [8][9] - Management highlights the importance of strengthening the work foundation, including reducing lead times and improving value-added work rates [25][26] - The company is preparing for diverse customer needs globally, particularly in China, where autonomous driving and comfort in the car are prioritized [60][61] Other Important Information - Interim dividend increased by 10 yen to 40 yen per share, with a full-year dividend forecast of 90 yen per share, up 15 yen [6][13] - The company will not increase the share repurchase limit but will continue flexible buybacks [13] - The AREA 35 project aims to improve value-added work rates through integrated development, production, and sales efforts [28][29] Q&A Session Summary Question: How will the company balance production recovery with strengthening the work foundation? - The company plans to recover production volume while continuing efforts to improve workplace conditions, leveraging communication with work sites and stabilizing production quality [38][39][40] Question: What is the company's assessment of supplier financial results and support? - The company acknowledges the impact of production halts on suppliers and has provided 115 billion yen in support, focusing on joint improvement efforts and Gemba participation [43][47][48] Question: What caused the 25% reduction in net income, and what is the outlook for the Chinese market? - The reduction was primarily due to foreign currency valuation losses, not business deterioration. In China, the company has maintained profitability on par with domestic manufacturers and is adapting to local consumer preferences [52][53][58][59] Question: What is the outlook for the North American market and the impact of the US presidential election? - The company expects production to recover to normal levels by early next year. Regarding the election, the company will continue to focus on customer needs and product alignment regardless of policy changes [64][65][70][71] Question: How will the company manage human resource investments and incentive reductions in North America? - The company is confident in its product value and attractiveness, allowing it to reduce incentives while maintaining competitiveness. Hybrid vehicles, in particular, are driving profitability [74][75][80][81] Question: What is the progress on reducing strategic shareholdings in group companies? - The company maintains a flexible approach to shareholdings, focusing on relationships that support growth and transformation into a mobility company [86][87][90] Question: Will the company complete foundation strengthening efforts this year, and what is the outlook for China? - Kaizen efforts are ongoing, with no fixed endpoint. In China, the company aims to avoid price competition and focus on being a brand of choice for consumers [92][95][99][100] Question: How has the company addressed labor shortages and supply chain challenges? - The company is working closely with suppliers and industry associations to address labor and supply chain issues, aiming to create a sustainable and attractive work environment [103][105][106][111]

Toyota Motor Corporation (TM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...

Core Insights - Toyota reported its first quarterly operating profit drop in nearly two years, indicating challenges in adapting to the electric vehicle market shift [1][2] - The company experienced a 20% year-on-year decline in operating profit, maintaining a full-year operating profit forecast of 4.3 trillion yen [3] Financial Performance - Revenue for the quarter was 11.44 trillion yen, slightly above the analyst estimate of 11.41 trillion yen [2] - Operating profit was reported at 1.16 trillion yen, below the expected 1.24 trillion yen [2] Industry Context - Toyota has been slower to adopt fully battery-powered electric vehicles, with concerns raised by chairman Akio Toyoda about potential job losses in the automotive industry due to a shift to electric vehicles [2][3] - Toyoda highlighted that 5.5 million people are involved in the automotive industry in Japan, many of whom have long-term roles related to engine work [3] Recalls and Market Impact - The company faced multiple vehicle recalls this year, including a recent recall of 42,000 vehicles due to power brake assist issues [4] - In June, Toyota lost over $15 billion in market value following the discovery of false data used for vehicle certification by Japanese automakers, including Toyota [5]

Toyota Motor Corporation (TM) is slated to release second-quarter fiscal 2025 results on Nov. 6, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $4.39 per share and $79.78 billion, respectively.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.For the fiscal second quarter, the consensus estimate for TM’s earnings per share has moved down by 46 cents in the past 90 days. Its bottom-line estimates imply a decline of 3 ...

Celebrating Active Lifestyles of All Forms, Toyota Sparks The Imagination of What's Possible at SEMA 2024. LAS VEGAS, Nov. 5, 2024 /PRNewswire/ -- Toyota returns to the Specialty Equipment Market Association (SEMA) Show with a diverse exhibit that celebrates Toyota adventure for every lifestyle. Located in the Central Hall, Booth No. 22200 at the Las Vegas Convention Center, the 2024 display features a stunning array of vehicles. Highlights include several unique specialty builds and a variety of Toyota mod ...

Joby Aviation (NYSE: JOBY ) recently brought out a series of positive press releases related to new investments, future technologies, and signed agreements to expand their global operations, and has made steady progress on its path to bring its aircraft to FAA certification. WhileI have been investing in the stock market since I was 17 years old, and over the 25+ years since I have learned the joy of compounding, the value of dividend reinvesting, and the principle that patient investing through good times ...