Market cost of Toyota has exceeded $200 billion
Market cost of one of leading world motor-car manufacturers, Japanese corporation of Toyota Motor Corp., has exceeded 200 mlrd dollars Thus, Toyota has overtaken the American network of retail trade Wal - Mart Stores Inc., the eighth company on size in the world.
according to the Tokyo stock exchange, Toyota Motor securities have finished today on a mark of 6470 yens/ the action (55,02 dollars/ the action), and market cost of concern as of March, 30th of this year has reached an indicator 23,5 trln yens (200,26 mlrd dollars).
In turn, market capitalisation Wal - Mart, lagged behind Japanese corporation, makes 200,24 mlrd dollars
Many experts notice that growth of appeal of Toyota Motor in the opinion of investors is promoted by record expenses of the company at a rate of 1,4 trln yens (12 mlrd dollars) Which the president of concern Katsujaki Vatanabe directs on research projects and building of the new enterprises in the North America, Europe and Asia.
by estimations of some analysts, Japanese corporation quite under force to overtake the American competitor of General Motors Corp. As leader in the automanufacture world market.
experts predict that Toyota sales during the current year will grow on 9 % - to 8,85 million cars. Many experts are assured of continuation of successful development of Japanese concern as it is supported by a strong financial position of Toyota and a good situation in the USA. According to Credit Suisse Group, 70 % of operational profit of Toyota receive from production realisation in the North American market.
we will notice that Toyota net profit for 9 months 2005 - 2006 (April - December 2005ã.) has increased by 9,9 % - to 968 billion yens (8,163 bln. dollars) in comparison with 881 billion yens (7,429 bln. dollars) For the similar period year before. As the company, its gain for 9 months 2005 informs - 2006 has increased by 11 % and has made 15,287 bln. yens (128,906 bln. dollars) against 13,670 bln. yens (115,271 bln. dollars) year before.
the Operational profit for 9 months 2005 - 2006 has grown on 0,2 % - to 1,292 bln. yens (10,886 bln. dollars) in comparison with 1,289 bln. yens (10,869 bln. dollars) for the similar period 2004 - 2005.
Toyota Motor net profit in III quarter 2005 - 2006 has grown on 34,1 % - to 398 billion yens (3,356 bln. dollars) in comparison with 297 billion yens (2,504 bln. dollars), received in III quarter 2004 - 2005. The company gain in III quarter 2005 - 2006 has increased by 14,8 % and has made 5,334 bln. yens (44,978 bln. dollars) against 4,644 bln. yens (39,160 bln. dollars) Year before. The operational profit for accounting quarter has raised on 14 % - to 482 billion yens (4,064 bln. dollars) in comparison with 423 billion yens (3,567 bln. dollars), received for the similar period year before.