Toyota Motor

Chinese drone manufacturer DJI has developed a revolutionary autonomous driving system. Expensive laser beams are used in conventional sensors, but since the new technology developed by DJI only arranges 7 cameras, the price is a fraction of the price.

In the test run in an urban area, the recognition of vehicles (cars, motorbikes) and people crossing the pedestrian crossing was perfect. However, it was unclear whether animals such as dogs could be recognized.

Ordinary profit of 5 trillion yen is the first achievement for a Japanese company, but it is expected that next fiscal year there will be a drastic decrease in profit (20-30% decrease) because large amounts of money will be invested.

The share buybacks are also amazing, but the impact of the cancellation of company shares is tremendous.

Even if you think about it based on today's closing price, 520 million shares will wipe out stocks worth about 1,861 billion yen.

Unlike a stock buyback, it only takes 1 day to delete it.

It's a tremendous surprise for shareholders, and I think it's a sign of Toyota's confidence.