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TYO:3116

3 stories mentioning TYO:3116Updated 10d ago

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Asia

Toyota Boshoku Reduces Share Allocation for Employee Shareholding Program

Toyota Boshoku (TYO:3116) reduced its allocation of shares for its employee shareholding plan to 32,740 from 38,470 shares, according to a Thursday filing with the Tokyo exchange.Some employees opted out of the shareholding program, the filing said.

TYO:3116
Research

Daiwa Securities Starts Toyota Boshoku at Neutral with 2,300 Yen Price Target

Toyota Boshoku (TYO:3116) has an average rating of hold and mean price target of 2,453.75 yen, according to analysts polled by FactSet.

TYO:3116
Asia

Market Chatter: Toyota Suppliers Including Denso Boost R&D Spending to Cut Reliance on Rare Earths

Six Toyota Motor (TYO:7203)-affiliated auto suppliers, including Denso (TYO:6902), plan to spend a combined 1.16 trillion yen on research and development for the fiscal year ending March 2027, Nikkei Asia reported Thursday, citing company officials.All six companies -- Denso, Aisin (TYO:7259), Toyota Boshoku (TYO:3116), Jtekt (TYO:6473), Toyoda Gosei (TYO:7282), and Aichi Steel (TYO:5482) -- have increased their R&D budgets, with all except Jtekt anticipating record-high spending levels, the report said.Denso accounts for 705 billion yen of the total, a 2% increase from the previous year, the report said, citing Denso President Shinnosuke Hayashi.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:3116TYO:5482TYO:6473TYO:6902TYO:7203TYO:7259TYO:7282

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