Toyota Stock Rises as ROE Target Doubles

Reported about 23 hours ago

Toyota's shares experienced their largest two-day increase since August, rising 6% in Tokyo after a report revealed the company plans to double its return on equity (ROE) target to 20%. This comes amidst positive expectations for improved capital efficiency and boosting shareholder returns. Despite a plateau in global sales in November, Toyota's stock has surged over 20% this year, benefiting from a weaker yen.

Source: YAHOO

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