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TYO:8015

9 stories mentioning TYO:8015Updated 7d ago

Every FINWIRES story that references TYO:8015, newest first.

Asia

Market Chatter: Toyota Tsusho Bets 1.2 Trillion Yen on Metal Recycling

Toyota Tsusho (TYO:8015) plans to invest 1.2 trillion yen through March 2028 to expand its metal scrap recycling operations, focusing on extracting valuable materials from recycling rather than operating mines, Nikkei Asia reported Thursday, citing Chief Operating Officer Toshihiko Muroi.The firm is strengthening its India presence by doubling the number of expatriate staff to 100 and expanding its recycling centers, although it faces pressure from informal competitors with lower overhead, the news daily reported.The company, which handles everything from production to distribution, plans to extend its used-battery recycling operations from Japan into the U.S. and beyond, the publication said.(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:8015
Asia

Market Chatter: Toyota Tsusho Bypasses U.S. Tariffs with Direct Shipments to Mexico, Canada

Toyota Tsusho (TYO:8015) has launched a direct shipping service from Japan to Mexico and Canada for auto parts suppliers, avoiding double tariffs that would apply if goods transited through the U.S., Nikkei Asia reported on Friday.The trading house consolidates products from multiple suppliers into weekly shipments, which go directly to its regional bases before final delivery, with customs clearance handled in-house, the news daily said.The service cuts logistics costs by 24% for shipments to Canada and 61% for those to Mexico compared to routes via Nagoya, the publication said.Toyota Tsusho did not immediately respond to' request for comment.(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:8015
Asia

Xingye Silver & Tin to Buy Out Toyota Tsusho, Nippon Steel in Moroccan Tin Project For $23 Million

Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) agreed to acquire the remaining 25% stake it does not already own in a Moroccan tin mine project for $23.1 million, according to a Shenzhen Stock Exchange filing on Wednesday.The company will buy the stake in Atlas Tin SAS, which owns the Achmmach tin mine project in Morocco, from Japanese partners Toyota Tsusho (TYO:8015) and Nippon Steel's (TYO:5401) mining unit.The project has a total mining area of 11.9 square kilometers. Its mining license is valid until Jan. 17, 2032.

SHE:000426TYO:5401TYO:8015
Research

SBI Securities Upgrades Toyota Tsusho to Buy from Neutral; Price Target is 8,040 Yen

Toyota Tsusho (TYO:8015) has an average rating of buy and mean price target of 7,730 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:8015
Asia

Nikkei 225 Crosses Historic 72,000 Milestone as Tech, AI Stocks Rally

Japanese equities surged to an all-time high on Monday, crossing the psychological 72,000 threshold for the first time, driven by the shares of AI companies after recovering from a weak opening.The benchmark Nikkei 225 closed up 1,103.90 points or 1.55% at 72,353.96 after hitting an intra-day high of 72,831.73 on Monday.The Japanese government aims to invest 10.5 trillion yen in physical artificial intelligence by fiscal 2040 under the government's new growth strategy covering 17 priority industries, Nikkei reported Friday.The report said the initiative aims to boost productivity and global competitiveness through public-private investment, with a focus on physical AI covering factory automation, autonomous transport, and infrastructure inspection.Sentiment was also buoyed by reports of Iranian negotiators saying progress had been made in peace talks with the US, as both sides try to reach a peaceful resolution to the crisis in the Middle East.On the corporate side, Japan's Ajinomoto (TYO:2802) has proposed taking its Malaysian subsidiary, Ajinomoto (Malaysia) (KLSE:AJI), private through a selective capital reduction and repayment exercise, according to a Friday filing with the Malaysian stock exchange.Also, PowerX (TYO:485A) has secured its first international order, a 1.7 billion yen large-scale battery storage system for Vietnam, placed by Toyota Tsusho Group (TYO:8015) member Elematec (TYO:2715). The PowerX Mega Power 2700 units will contribute to regional grid stability and energy security, with revenue expected in the latter half of the year, according to a Tokyo bourse filing on Friday.

Nikkei 225TYO:2715TYO:2802TYO:485ATYO:8015
Asia

PowerX Lands 1.7 Billion Yen Battery Order for Vietnam, Marking First Overseas Export

PowerX (TYO:485A) has secured its first international order, a 1.7 billion yen large-scale battery storage system for Vietnam, placed by Toyota Tsusho Group (TYO:8015) member Elematec (TYO:2715).The PowerX Mega Power 2700 units will contribute to regional grid stability and energy security, with revenue expected in the latter half of the year, according to a Tokyo bourse filing on Friday.While the order was not included in the previously disclosed 2.2 billion yen pipeline, the company maintains its existing earnings forecast for now.

TYO:2715TYO:485ATYO:8015
Asia

Market Chatter: Japan's Takaichi Heads to India's Assam With 50-Plus Firms in Tow

Japanese Prime Minister Sanae Takaichi is set to travel to the northeastern Indian state of Assam in early July, bringing with her executives from more than 50 Japanese firms and organizations, Nikkei reported on Thursday.The delegation will include major corporate names, including Suzuki Motor (TYO:7269), trading house Itochu (TYO:8001), and Toyota Tsusho (TYO:8015), the trading arm of Toyota Motor (TYO:7203), the news agency said.Several participants are expected to formalize partnership agreements during the visit, which is tentatively anchored around July 1 in the city of Guwahati, the publication said.Both Tokyo and New Delhi are coordinating a program of meetings and business forums to maximize the diplomatic and commercial outcomes of the trip, the report said.(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.)

Nikkei 225TYO:7203TYO:7269TYO:8001TYO:8015
Asia

Toyota Tsusho's Profit Rises 2.2% in Fiscal 2025

Toyota Tsusho's (TYO:8015) profit attributable to owners of the parent edged up 2.2% to 370.5 billion yen in fiscal year 2025 from 362.5 billion yen a year earlier.The automotive part manufacturer's basic earnings per share increased to 350.95 yen from 343.40 yen a year ago, according to a Tokyo bourse filing on Thursday.Revenue jumped 12% to 11.6 trillion yen in the year ended March 31 from 10.3 trillion yen in the prior year.Toyota Tsusho declared a final dividend of 62 yen per share, payable from June 24.For the fiscal year 2026, the company expects attributable profit of 400 billion yen and EPS of 426.58 yen.Toyota Tsusho plans to pay an interim dividend of 62 yen and a year-end dividend of 63 yen per share for the year, higher than the amount paid a year ago.

TYO:8015
Asia

Toyota Industries to Book 4.4 Trillion Yen by Selling Holdings in Toyota Motor, Others via Buybacks

Toyota Industries (TYO:6201) said it will tender all its holdings in several group companies' share buybacks and expects to record about 4.426 triillion yen in profit from the sales, according to a Friday filing on the Tokyo Stock Exchange.The company said it will tender its entire stakes in Toyota Motor (TYO:7203), Denso (TYO:6902), Toyota Tsusho (TYO:8015) and Aisin (TYO:7259), subject to the commencement of buyback offers by some of the companies.Toyota Industries said it plans to sell about 1.19 billion shares in Toyota Motor alone, valued at roughly 3.657 trillion yen based on the tender price. The move is part of a broader transaction aimed at taking the company private, it said.

TYO:6201TYO:6902TYO:7203TYO:7259TYO:8015

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