Toyota Motor
Tesla may have recently overtaken Toyota Motor Corporation as the world's most valuable automaker, but the Camry- and Prius-maker is still more than 10 times the size of Elon Musk's company by sales ($275 billion vs. $25 billion last year). Second only to Volkswagen among carmakers in terms of revenues, Toyota sold almost 10.5 million vehicles in the year to March 31, with sales increasing in Europe and Japan while sinking somewhat in North America and Asia. Like its peers, Toyota is now set on becoming a "mobility" company rather a plain old car manufacturer. The question now is how well Toyota will weather the COVID-19 storm, having already forecast an 80% drop in profits this year.
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Company Information
As of 2/1/2023
Country
Japan
Headquarters
Toyota, Japan
Industry
Motor Vehicles
CEO
Akio Toyoda
Website
Company Type
Public
Ticker
TMO
Revenues ($M)
$271,608
Profits ($M)
$20,178
Market Value ($M)
$236,790
Employees
377,369
Figures are for the latest twelve months ended Sept. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
World's Most Admired Companies
Sector
Transport
Industry
Motor Vehicles
Current All-Star Rank
36
Previous All-Star Rank
34
Industry Rank
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Company Information
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