FINWIRES · TerminalLIVE
FINWIRES

TYO:7203

60 stories mentioning TYO:7203Updated 6h ago

Every FINWIRES story that references TYO:7203, newest first.

Asia

Japanese Stocks Rise Amid Fed Rate Hold, Oil Falls

Japanese stocks gained after the US Federal Reserve kept interest rates unchanged and offered little clarity on its policy outlook, pushing the yield on 30-year Treasury bonds to its highest level in nearly 20 years.The benchmark Nikkei 225 closed up 433.24 points, or 0.71%, at 61,867.43.Oil prices slipped even as renewed tensions in the Middle East were sparked by the latest US retaliation following Iran's strikes on the US bases in the Gulf on Tuesday. The escalation could push oil prices higher again.On the corporate side, Toyota Motor (TYO:7203) reported its first-half global sales and production declined for the first time in two years, hit by slowing overseas demand, according to a Thursday release.Also, Tokyo Gas (TYO:9531) posted a 65% year-over-year decline in attributable profit for the fiscal first quarter to 35.6 billion yen from 101.7 billion yen.

Nikkei 225TYO:7203TYO:9531
Asia

Toyota's H1 Global Sales, Output Decline for First Time in Two Years

Toyota Motor (TYO:7203) reported Thursday that its first-half global sales and production declined for the first time in two years, hit by slowing overseas demand.The Japanese automaker sold just over 5 million vehicles in the six months ended June 30, down 2.9% from a year earlier, according to a Thursday news release.While domestic sales rose 4.7% to 804,721 vehicles, the gain was offset by a 4.3% drop in overseas sales to 4.2 million vehicles.Global production fell 1.2% to 4.86 million vehicles. While domestic output edged up 0.7% to 1.65 million units, overseas production fell 2.2% to 3.2 million units.The figures ⁠include sales and production ​at Toyota's luxury brand Lexus.

TYO:7203
Asia

Sony, Renesas, and Toyota's Operations Disrupted by Kumamoto Earthquake

Sony (TYO:6758) confirmed no casualties at its Kumamoto sites after the July 28 quake, but its Kumamoto Technology Center remains suspended as damage assessments continue.The company's Nagasaki, Oita and Kagoshima centers sustained no significant damage, according to a statement.In a separate disclosure, Renesas (TYO:6723) suspended operations at its Kawashiri and Nishiki factories with no injuries reported, with both plants sustaining structural damage- cracked walls.Toyota (TYO:7203) will halt three Fukuoka plants from Wednesday evening through Friday to reassess safety and supply conditions before deciding on an Aug. 3 restart, Nikkei Asia reported on Wednesday.This comes after the Miyata, Kokura and Kanda plants had resumed production Wednesday morning following a previous halt, the publication said.

TYO:6723TYO:6758TYO:7203
Asia

Japanese Stocks Gain on Easing US-Iran Tensions, Oil Drops

Japanese stocks gained on easing US-Iran tensions after Iran announced to halt strikes on key US military infrastructure across the Middle East on a mutual basis, triggering a bond rally.The benchmark Nikkei 225 closed up 320.04 points, or 0.50%, at 64,931.19.Oil prices fell on easing tensions around key crude shipping routes, including the Strait ​of Hormuz, reducing energy supply concerns and easing inflation fears.Meanwhile, media reports claimed that falling US ammunition reserves have led to the temporary ceasefire as the US dollar weakened.On the corporate side, Japan Metropolitan Fund Investment (TYO:8953) secured a 5.35 billion yen term loan to refinance existing debt, maturing July 31, through a new syndicated loan, according to a Monday release.Also, Toyota Motor (TYO:7203) will become a shareholder in Cellcentric following a deal with co-owners The Volvo Group and Daimler Truck, according to a Monday release.

Nikkei 225TYO:7203TYO:8953
Asia

Toyota Motor to Become Co-Owner in Fuel Cell System Developer Cellcentric

Toyota Motor (TYO:7203) will become a shareholder in Cellcentric following a deal with co-owners The Volvo Group and Daimler Truck, according to a Monday release.Each of the owners will hold a third of the fuel cell system developer and manufacturer's shares.The owners will collaborate on equal terms to boost the company's leading technological position, industrial scale, and competitiveness.The partnership also looks to promote development in the hydrogen industry.The transaction comes after a nonbinding agreement signed in March.The parties expect to complete the deal by the end of 2026 or the start of 2027, subject to regulatory approvals.

TYO:7203
Asia

Toyota Motor's Spin-Off OneStream Secures Investment From Three Companies

Toyota Motor's (TYO:7203) first spin-off from its new-business-creation framework, "BE creation", OneStream, secured investment from three companies, the automaker said in a Thursday release.The three firms are Kamigumi, Fuku Trans Corporation, and NE Investment. The capital investment will be used to improve port and container logistics in Japan, according to the release.The platform allows logistics operators to share cargo preparation, transportation, and container loading information, which will allow shippers, warehouse operators, transportation companies, and port-related stakeholders to carry out their operations more efficiently, it said.Shares of Toyota Motor added over 1% at market close.

TYO:7203TYO:9364
Asia

NVIDIA Expands Partnership With Toyota to Build AI-Powered Mobility Ecosystem

NVIDIA is broadening its collaboration with Toyota Motor (TYO:7203) to integrate physical AI across vehicles, manufacturing, and urban infrastructure, according to a statement on Wednesday.The partnership expands Toyota's use of NVIDIA DRIVE AGX and DriveOS for L2++ vehicles, while also applying NVIDIA's computing and simulation technologies to optimize engineering, factory operations, and urban systems.Toyota is accelerating software development with a custom AI code assistant, leveraging NVIDIA Megatron-LM and Nemotron to improve safety-critical code generation and review.On the manufacturing side, the automaker is using NVIDIA Omniverse and Isaac Sim for factory simulation and digital twins to reduce downtime and boost efficiency.Toyota's Woven subsidiary has developed a multimodal vision language model for urban traffic intelligence, powered by NVIDIA H100 GPUs, to interpret real-world conditions and improve mobility responsiveness.

TYO:7203
Asia

Market Chatter: BYD Looking to Dethrone Toyota Even Without US Market, Executive Says

BYD (HKG:1211, SHE:002594) is looking to dethrone Toyota (TYO:7203) as the world's largest car manufacturer by sales within five years even without the help of the U.S. market, the Financial Times reported Wednesday, citing its interview with Stella Li, the chief of BYD's international operations.The Shenzhen-based car manufacturer is looking to boost sales through a pivot to Europe, where electric vehicles could gain heftier margins compared with China, the report said, citing Li.(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.)

HKG:1211SHE:002594TYO:7203
Asia

Archion Sets Price Range for Toyota, Daimler Truck Share Sale

Archion (TYO:543A) has set the price range for a secondary offering of shares held by Daimler Truck and Toyota Motor (TYO:7203), according to a Wednesday filing with the Tokyo Stock Exchange.The indicative price range was set at 250 yen to 300 yen per share, with the final offer price to be determined between July 22 and July 27 based on investor demand.The base offering consists of 787.9 million common shares, including 425.4 million shares to be offered in Japan and 362.4 million shares internationally. An additional 118.2 million shares may be sold through an over-allotment option. Share delivery is scheduled between July 29 and Aug. 3.The offering follows media reports last week that Toyota and Daimler Truck plan to reduce their stakes in the truckmaker by selling shares valued at between 200 billion yen and 300 billion yen.

TYO:543ATYO:7203
Asia

Market Chatter: MUFG Overtakes Toyota Motor, Kioxia as Japan's Most Valuable Company with 42 Trillion Yen Valuation

Mitsubishi UFJ Financial Group (TYO:8306) overtook Toyota Motor (TYO:7203) and memory chip manufacturer Kioxia Holdings (TYO:285A) to become the most valuable company in Japan with a total valuation of 42 trillion won, several media outlets reported Monday.The valuation is based on Mitsubishi UFJ Financial Group's stock price movement on Monday, when shares momentarily surged to 3,564 yen per share, rising 103 yen from Friday's close and hitting an all-time high, according to The Japan Times.The valuation surpassed Toyota Motor's roughly 41 trillion yen and Kioxia Holdings' 36.7 trillion yen market valuation, according to Bloomberg News.Shares of Mitsubishi UFJ Financial Group added over 2% at market close, while those of Toyota Motor declined nearly 1%.(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:285ATYO:7203TYO:8306
Asia

Market Chatter: Toyota's Supplier Compensation Over EV Project Halt May Cost Tens of Billions of Yen

Toyota Motor's (TYO:7203) plan to partially compensate suppliers for its decision to halt development of the flagship electric vehicle, LF-ZC sedan, is expected to cost the company tens of billions of yen, Nikkei Asia reported Thursday.The automaker's plan to cancel the development of its Lexus-branded sedan in May has disrupted its supply chain, with parts suppliers likely to incur losses worth billions of yen each.The decision to halt the EV plans is attributed to the new president, Kenta Kon's, focus on profitability.(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:7203
Asia

Market Chatter: Toyota Developing AI System to Standardize Terms Across Operations

Toyota Motor (TYO:7203) is standardizing terminology across planning, production, and sales divisions by cutting roughly 195 translation steps, or about 30% of the process, to speed up development, Nikkei Asia reported on Wednesday, citing company executive Toshinao Wada.The company is developing an integrated system, targeted for completion by 2028, that will use AI to condense 45,000 specialized terms into 5,000 common ones across all divisions, the report said.The initiative is expected to eliminate the need to translate between different internal terminologies, giving sales staff real-time visibility into production status and making it easier for employees across divisions to collaborate, according to the report.(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:7203
Asia

Market Chatter: Toyota Motor Plans AI-backed System to Standardize Vehicle Specification Terminology

Toyota Motor (TYO:7203) plans to standardize its vehicle specification terminology using artificial intelligence across planning, production, and sales operations, Nikkei Asia reported Wednesday.Under the proposed program, the Japanese automaker will use artificial intelligence to rewrite 45,000 specialized terms used across divisions to about 5,000 common terms by 2028, reducing internal processing steps by about 30%.The new AI-backed umbrella system will make vehicle information consistent across functions.(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:7203
Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen
US Markets

Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen

Japan's government has selected a SoftBank Corp.-backed (TYO:9434) consortium to lead a national effort to develop a homegrown artificial intelligence model, with total government investment poised to reach 1 trillion yen over five years.The Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) named Noetra Inc. and the National Institute of Advanced Industrial Science and Technology (AIST) as the implementers of its "Multimodal Platform Model Development Project for AI Robots and Physical AI," according to a press release on Tuesday.It follows a review of 15 proposals submitted during a public tender that ran from March 24 to April 22.The project spans fiscal years 2026 through 2030, with contracts initially signed for the first two years and continuation subject to an annual stage-gate review, NEDO said.Under the arrangement, Noetra will develop and supply "an internationally competitive" multimodal platform model while taking into account the needs of Japanese model development and utilization.AIST will work with domestic and international research institutions to carry out advanced technological development and contribute to the development of what METI described as "a future-oriented, competitive platform model."The AI model is expected to handle a range of data, including language, audio, images, videos, sensor data, and more.The government has already earmarked 387.3 billion yen for the program in its fiscal 2026 budget, funded through GX Economy Transition Bonds, according to METI's budget outline published in April.Noetra is a joint project led by SoftBank Corp., the telecommunications and internet subsidiary of SoftBank Group (TYO:9984). It counts NEC Corp. (TYO:6701), Honda Motor (TYO:7267), Sony Group (TYO:6758), Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo Mitsui Financial (TYO:8316), Mizuho Financial Group (TYO:8411), Nippon Steel (TYO:5401) and Kobe Steel (TYO:5406) as partners.Back in April, METI disclosed its ambition for Japan to capture 30%, or 20 trillion yen, of the global AI robotics market by 2040.The announcement comes amid a broader rally in Japanese AI-linked stocks that pushed the Nikkei 225 to its sharpest quarterly increase on record as of Tuesday. SoftBank Group recently overtook Toyota Motor (TYO:7203) as Japan's most valuable listed company.The Japanese initiative follows a similar push from neighboring South Korea, which also unveiled plans to build semiconductor facilities and AI data centers on Monday, enlisting chipmaker SK Hynix (KRX:000660), Samsung Electronics (KRX:005930) and internet firm Naver (KRX:035420).

Nikkei 225KRX:000660KRX:005930KRX:035420TYO:5401TYO:5406TYO:6701TYO:6758TYO:7203TYO:7267TYO:8306TYO:8316TYO:8411TYO:9434TYO:9984
Asia

Toyota Forms Joint Venture with Air Taxi Maker Joby Aviation

Toyota Motor (TYO:7203) will establish a joint venture with California-based air taxi maker Joby Aviation, according to a joint statement on Tuesday.The venture, named Joby Toyota Aero Manufacturing Preparation, will initially focus on establishing commercial production capabilities and improving manufacturing productivity, before expanding Joby's production capacity to support aircraft certification and future demand, the companies said.Toyota will own 51% of the joint venture, while Joby will hold the remaining 49%.The companies intend to leverage their respective strengths to bring air mobility on a broader scale, according to the statement.

TYO:7203
Asia

Japan's Nikkei Clocks Gains Tracking Positive Movement on Wall Street

Japanese shares closed with gains on Tuesday, tracking the positive momentum on Wall Street and taking cues from the yen weakening to its lowest level against the dollar in nearly four decades.The Nikkei 225 closed up 0.86%, or 594.21 points, to 70,062.32.The US stocks rose on Monday, lifted by the technology stocks, with the S&P 500 breaking a five-day losing streak.The yen slipped to its lowest point since 1986 at 161.98 per dollar, surpassing its 2024 intervention threshold and heightening market vigilance for possible official action, Bloomberg News reported Tuesday.Japan's Finance Minister Satsuki Katayama has said authorities are ready to respond appropriately at any time to the falling yen, as per news reports.Back home, Japan's industrial production fell 1.7% year over year in May, missing expectations of a 2.2% expansion, according to preliminary data from the Ministry of Economy, Trade and Industry (METI) released on Tuesday.Also, new housing construction starts in Japan rose 33.9% year over year in May to 57,877 units, beating the consensus forecast of a 31.8% increase, according to official data Tuesday.On the corporate side, Honda Motor (TYO:7267) is exploring raising over 400 billion yen through a euro-denominated bond sale to fund compensation payments to parts suppliers following its revised electric vehicle strategy, Nikkei Asia reported Tuesday.Also, Toyota (TYO:7203) posted its fourth consecutive decline in worldwide monthly sales for May, with group-wide volume falling 7.4% year over year to 885,207 vehicles, according to a statement on Tuesday.

Nikkei 225TYO:7203TYO:7267
Japan

Japanese Shares Post Marginal Gains as Investors Remain Cautious Around Middle East Tensions

Japanese shares pulled back on Monday to close nearly flat as investors took a cautious stance after tensions between the US and Iran escalated over the weekend.The benchmark Nikkei 225 closed marginally higher by 107.23 points or 0.15% at 69,468.11 on Monday.According to media reports, tensions between the US and Iran resurfaced over the weekend after a truce had been reached, as Iran launched fresh drone and missile attacks on Bahrain and Kuwait in response to new US airstrikes.This created unease among investors around the global economic outlook.Back home, Japan's retail sales rose 1.9% in May, following an upwardly revised April gain, with annual growth surging to 5.3% against a 3% consensus.On the corporate side, Denso Corp.( TYO:6902) filed for the listing of $500 million of 4.864% senior notes due 2031 on the Singapore bourse, while Toyota Motor (TYO:7203) filed for the listing of 1 billion euros worth of bonds on the Singapore bourse, according to separate filings with the Singapore Exchange on Monday.Also, TV Asahi Holdings (TYO:9409) board approved the issuance of 8,266 new shares worth up to 25.4 million yen under its restricted share compensation plan.

Nikkei 225TYO:6902TYO:7203TYO:9409
Asia

Toyota Motor Files for Singapore Listing of EUR1 Billion Worth of Bonds

Toyota Motor (TYO:7203) filed for the listing of 1 billion euros worth of bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Monday.The automaker filed for 500 million euros worth of 3.2302% bonds due 2030 and 500 million euros worth of 3.714% senior bonds due 2034.The bonds will be listed and quoted on the Bonds Market on June 30.

^STITYO:7203
Asia

Market Chatter: Toyota's Kinto Unit More Than Doubles Profit on Strong Demand, Strong Used Car Market in Japan

Toyota Motor's (TYO:7203) vehicle subscription service unit Kinto saw its operating profit more than double in fiscal 2025, on strong demand and a buoyant used-car market in Japan, Nikkei Asia reported Friday.According to Kinto, its operating profit jumped to 1.45 billion yen in the year ended March, with revenue up 32% to 77.3 billion yen. The net profit nearly quadrupled to 3.02 billion yen, aided mainly by tax adjustments.During fiscal 2025, the company received about 34,000 new subscription applications, bringing the cumulative applications since its launch in 2019 to more than 170,000.(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:7203
Asia

Japanese Shares Extend Selloff, Tracking Wall Street-Led Tech Losses

Japanese shares closed lower for the second straight session after a choppy trading session on Wednesday, tracking the weak trade on Wall Street amid tech losses.The benchmark Nikkei 225 closed lower by 613.41 points or 0.88% at 69,174.97 on Wednesday.Driven by conflicting reports, investors are also cautious of the durability of the peace accord between Iran and the US.Markets are also closely watching the movement of the yen, which is near a 40-year low, for a potential intervention to stabilize the currency.On the corporate side, Toyota Motor (TYO:7203) will slash production outside Japan by about 100,000 units by around February 2027 as the de facto closure of the Strait of Hormuz affects demand overseas, Nikkei Asia reported Wednesday. It also plans to cut electric vehicle production for China.Elsewhere, Marubeni (TYO:8002) has completed its share buyback program after repurchasing a total of 11,766,800 shares, according to a Wednesday filing on the Tokyo Stock Exchange.

Nikkei 225TYO:7203TYO:8002

Showing 1-20 of 60

Track with the FINWIRES app suite