In recent Toyota stock fluctuations, there are two key factors: expectations for the EV strategy and the shareholders' meeting.
Looking back at Toyota stock over the past week, it can be said without a doubt that it is the biggest "uptrend" in the past three years, and the reason behind it is the company's active disclosure of the electric vehicle (EV) strategy. The recent personnel changes at the shareholders' meeting held on the 14th are also one of the reasons for the fluctuations.
Toyota's stock price has risen 13% this week, pushing up its market capitalization by 4.4 trillion yen. Toyota has provided detailed explanations about its plans to ride the global EV shift.
However, the reappointment of Chairman Akio Toyoda at the shareholders' meeting has decreased to 85% from last year's 96%, the lowest since at least 2013.
While Toyota has been selling gasoline and hybrid cars and developing EVs, hydrogen, and alternative fuels to provide customers with various choices, this approach does not give them a competitive advantage against other companies.
Major US pension funds and European investors have expressed their opposition to the appointment of Mr. Toyoda.
And Mr. Toyoda handed over the presidency to Mr. Koji Sato in April.
The biggest challenge for Toyota now is to transition to EVs. They warned that the transition would take longer than expected and that there is a risk of resource shortages.
After Mr. Sato took officeHow Toyota's EV strategy will changeIs greatly being watched.
Mr. Sato declared in April that by 2026, they will introduce 10 models of fully electric automobiles and sell 1.5 million EVs annually. The company aims to sell 3.5 million EVs by 2030, reduce CO2 emissions by half by 2035, and achieve decarbonization by 2050.
With Toyota boldly indicating guidelines for transitioning to EVs, the next focus has shifted to their execution capability.
On the 16th, the Ministry of Economy, Trade and Industry, based on the Act on Promotion of Specified Strategic Regions, decided to provide grants of up to 117.8 billion yen for designated rechargeable batteries specified as specific important materials, including vehicle batteries from companies like Toyota, totaling 7 cases and support of up to 127.6 billion yen.
Toyota stated that they will utilize subsidies to increase the annual production capacity of domestic vehicle batteries by approximately 25 gigawatt-hours.
What do you think of Toyota's current EV strategy?
Do you think Toyota will undergo significant changes after a change in leadership?
From a personal standpoint, I think Toyota's current EV strategy is clever, but ideals and reality differ. It will be crucial to see how they overcome challenges in the future. With a new helmsman steering Toyota, which has been criticized for being traditional, this is the biggest change and a turning point for the current Toyota. If they can utilize subsidies sufficiently, Toyota may truly dominate the industry. (laughs)
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Deep Value JP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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孤高の芋ハイテク : If it is within the “automobile industry” framework, it is good for Toyota to return to the top, and I anticipate that it will be possible after 2038 to 2050.
Hydrogen vehicle development was temporarily stopped, and the story would change again if they focused on EVs, but the steering wheel was too slow.
As an element of anxiety, Japan must prioritize its budget for defense in China and elsewhere, so there is a possibility that subsidies from now on will not be able to be used generously.
Factors on the Tesla side will inevitably be so when considering the overwhelming difference in activity and progress rate between Tesla and Tesla led by Elon and the current state of Toyota, which is related to Tesla and the current state of Toyota.
There was a decisive difference in the recent integration of GM Ford and others, and Tesla has already gone to the next stage.
Also, when operations in many other industries are successful in the future, Tesla can expect a significant increase in earnings.
In that case, the possibility that Toyota will surpass in terms of market capitalization is unfortunately equal to nothing.
ルーキーの自己中 OP 孤高の芋ハイテク : Thank you so much for your comments I wasn't considering the anxiety factor. Thank you![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")