|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||86.90 - 86.90|
|52 Week Range||61.73 - 93.00|
|Beta (5Y Monthly)||0.88|
|PE Ratio (TTM)||15.60|
|Forward Dividend & Yield||1.41 (1.62%)|
|Ex-Dividend Date||Mar 29, 2021|
|1y Target Est||N/A|
(Bloomberg) -- Toyota Motor Corp. slumped as much as 4.7% as the worsening chip shortage saw the world’s No. 1 automaker suspend output for several days at almost all its plants in Japan next month, forcing a 40% cut in production plans.Adjustments will be made to the production operations of plants for completed vehicles in Japan due to parts shortages resulting from the spread of Covid in Southeast Asia, Toyota said in a statement Thursday. A total of 360,000 fewer cars will now be made next m
Announcement: Moody's says that Toyota Industries Commercial Finance's Prime-1 backed commercial paper rating remains unchanged following the rating action on the parentGlobal Credit Research - 22 Mar 2021New York, March 22, 2021 -- Moody's Investors Service, ("Moody's") says that Toyota Industries Commercial Finance Inc.'s Prime-1 backed commercial paper rating remains unchanged following the rating action on Toyota Industries Corporation.This announcement follows rating affirmation and the change of outlook to stable on Toyota Industries Corporation (TICO, A2 stable), Toyota Industries Commercial Finance's ultimate parent (see separate press release dated 22 March 2021). The rating alignment is consistent with Moody's Methodology of Captive Finance Subsidiaries of Nonfinancial Corporations and is based on Toyota Industries Commercial Finance's strategic significance to its parent, Moody's expectation that TICO would support Toyota Industries Commercial Finance, if required, as well as the explicit support agreement in place between the two companies.Toyota Industries Commercial Finance's unchanged b1 standalone assessment reflects narrow capital cushion, stronger than expected profitability and weak liquidity.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Toyota Industries 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.