Reported 1 day ago
Toyota Motor is setting its sights on increasing its return on equity (ROE) to 20%, emphasizing the importance of maintaining consistent performance over specific time-bound goals. Despite a caution that ROE is not a flawless metric, the company, which reported a 15.6% ROE for the first three quarters of 2024, aims to continue improving profit margins. The financial results, including the ROE figures, will be revealed in May, and the automaker is also preparing for potential impacts due to recent tariffs affecting its North American operations.
Source: YAHOO