|Bid||2,689.00 x 0|
|Ask||2,693.00 x 0|
|Day's Range||2,683.00 - 2,728.00|
|52 Week Range||2,046.00 - 4,040.00|
|Beta (5Y Monthly)||1.33|
|PE Ratio (TTM)||6.98|
|Earnings Date||Jul 31, 2020|
|Forward Dividend & Yield||120.00 (4.39%)|
|Ex-Dividend Date||Sep 29, 2020|
|1y Target Est||4,220.00|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Toyota Tsusho Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
In emerging markets, up to 80% of the population may have to rely on informally-run public transport to get around. If you cannot get around, you can’t grow as a country, so it’s pretty important for these emerging economies. WhereIsMyTransport specialises in mapping these formal and informal public transport networks in emerging markets.
Japanese shares closed lower on Monday, tracking a sharp sell-off in Chinese equities, on rising worries over the economic impact from the coronavirus outbreak in China. The Nikkei index ended 1.01% lower at 22,971.94, with consumer discretionary and information technology sectors leading declines. Chinese markets, which were closed since the end of trade on Jan. 23 for Lunar New Year holidays, reopened on Monday with a steep fall of more than 9%.
Japanese shares fell on Monday, tracking the sharp sell-off in Chinese shares on their first trading day after the Lunar New Year break, as worries mounted about the economic fallout due to the coronavirus outbreak in China. The Nikkei index declined 1.10% to 22,956.66 by 0133 GMT, with consumer discretionary and information technology sectors leading declines. Chinese markets, which were closed since the end of trade on Jan. 23, reopened on Monday with a decline of 8.06%.
Africa's logistics startup space has gained another multi-million-dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery — has raised a $20 million Series B led by Atlantica Ventures. Toyota Tsusho Corporation, a trade and investment arm of Japanese automotive company Toyota, also joined the round.
Shuttl, a startup that runs an app-based bus aggregator service in India, said on Monday that it has raised $36 million in a new financing round as it looks to scale its business in the country. Toyota Tsusho Corporate and SPARX Group, through its Mirai Creation Fund II, and some unnamed investors* have funded Shuttl’s ongoing Series C financing round, the four-year-old startup said. Shuttl operates about 2,000 buses that clock over 100,000 rides each day in six cities in India.
Rating Action: Moody's assigns A3 to Toyota Tsusho's US dollar bonds. Global Credit Research- 12 Sep 2019. USD 500 million of New Debt Securities Rated.