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    7203   JP3633400001

TOYOTA MOTOR CORPORATION

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Toyota fined by China's regulator for violating anti-monopoly laws

04/30/2021 | 08:28am EDT

China's market regulator on Friday fined Toyota Motor Corp., Japan's largest automaker, 500,000 yuan ($77,313) for violating anti-monopoly laws.

Toyota failed to report to the authorities in advance when in 2019, it set up a joint venture with Didi Chuxing, a major Chinese ride-hailing service, the regulator said.

The latest move came as Chinese President Xi Jinping has pledged to strengthen measures to curb the monopolistic behavior and disorderly capital expansion of IT giants in the country.

In March, Japanese wireless carrier SoftBank Corp. was also fined by the Chinese authorities for the same reason.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SOFTBANK CORP. -1.10% 1440 End-of-day quote.11.37%
SOFTBANK GROUP CORP. 4.08% 7020 End-of-day quote.-12.88%
TOYOTA MOTOR CORPORATION 0.53% 9856 End-of-day quote.23.87%
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Financials
Sales 2022 31 029 B 283 B 283 B
Net income 2022 2 632 B 24 038 M 24 038 M
Net Debt 2022 18 904 B 173 B 173 B
P/E ratio 2022 10,6x
Yield 2022 2,89%
Capitalization 27 535 B 251 B 251 B
EV / Sales 2022 1,50x
EV / Sales 2023 1,41x
Nbr of Employees 366 283
Free-Float 72,0%
Chart TOYOTA MOTOR CORPORATION
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Toyota Motor Corporation Technical Analysis Chart | 7203 | JP3633400001 | MarketScreener
Technical analysis trends TOYOTA MOTOR CORPORATION
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 9 856,00 JPY
Average target price 10 921,05 JPY
Spread / Average Target 10,8%
EPS Revisions
Managers and Directors
Akio Toyoda Executive President, CEO & Representative Director
Kenta Kon CFO, Director & Chief Officer-Accounting Group
Takeshi Uchiyamada Chairman
Keiji Yamamoto Chief Information, Security & Software Officer
Seiji Sakai Manager-Information Systems & IT Management
Sector and Competitors
1st jan.Capi. (M$)
TOYOTA MOTOR CORPORATION23.87%248 800
VOLKSWAGEN AG33.74%146 551
DAIMLER AG28.15%93 544
GENERAL MOTORS COMPANY33.26%80 498
BMW AG16.02%64 464
GREAT WALL MOTOR COMPANY LIMITED31.39%60 534