Toyota Posts Earnings Growth in Fiscal 2018 but Sees Currency Headwinds in Fiscal 2019
We are leaving our fair value estimate for Toyota in place after the company reported fiscal 2018 results that gave us no reason to change our investment thesis. Total company revenue for fiscal 2018 increased 6.5% to JPY 29.4 trillion, while operating income increased 20.3% to about JPY 2.4 trillion and operating margin grew 100 basis points to 8.2%. Foreign exchange tailwinds contributed the largest single benefit toward the operating income rise with a JPY 265 billion favorable impact. The we...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.