Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Tokyo  >  TOYOTA INDUSTRIES CORPORATION    6201   JP3634600005

News SummaryMost relevantAll newsSector news 

Toyota Industries : Corporation Invests in New Lift Truck Manufacturing Plant in Brazil

share with twitter share with LinkedIn share with facebook
share via e-mail
04/05/2012 | 07:52am CET

KARIYA (Japan) - Toyota Industries Corporation (TICO) announced TICO will build its first lift truck manufacturing plant in the state of Sao Paulo in Brazil. The plant is scheduled to begin production in October 2013.

Currently, TICO has a sales company in the state of Sao Paulo, Toyota Material Handling Mercosur Industria e Comercio de Equipamentos Ltda (TMHM), which provides sales and service of imported lift trucks. The new plant will be established as a manufacturing division of the existing sales company.

As a market leader, TICO provides a full range of lift trucks and other materials handling equipment to customers worldwide. "The addition of the Brazil plant strategically strengthens TICO's capabilities to meet the unprecedented product demands of the emerging Brazilian market. TICO's long-term strategy is to continue to study and establish the best production and distribution structure throughout the world to meet demands of emerging markets," said Kazue Sasaki, senior managing director in charge of TICO's Materials Handling Equipment Division.

"It is a great honor for us to manufacture Toyota brand lift trucks in the great country of Brazil.TMHM will work diligently to deliver the highest quality service, innovation and technology to meet our customers' business needs," said Hiroyuki Ogata, president of TMHM.

[Profile - Brazil Plant]
LocationArtur Nogueira, Sao Paulo, BrazilStart of ProductionOctober 2013 (planned)Total Investment101 million Brazilian realsPlant Size
Site area: Approx. 93,000m2
Building area: Approx. 31,000m2
EmployeesApprox. 120 (planned for Oct 2013)Annual Production Capacity5,000 units

[Profile - TMHM]
Company NameToyota Material Handling Mercosur Industria e Comercio de Equipamentos LtdaHeadquarter LocationDiadema, Sao Paulo, BrazilDate of EstablishmentJanuary 2004Capital135 million Brazilian reals (as of March 31, 2012)OwnershipWholly-owned by Toyota Industries CorporationDescription of BusinessManufacture, sales and service of industrial equipmentEmployees322 (as of March 31, 2012)

distributed by

This press release was issued by Toyota Industries Corporation and was initially posted at http://www.toyota-industries.com/news/2012/120405tmhm/ . It was distributed, unedited and unaltered, by noodls on 2012-04-05 07:48:57 AM. The issuer is solely responsible for the accuracy of the information contained therein.

share with twitter share with LinkedIn share with facebook
share via e-mail
11/28 TOYOTA INDUSTRIES : Global Sustain Presents the Yearbook 2015/16 in Brussels
11/28 TOYOTA INDUSTRIES : Notice Concerning the Status and Completion of the Repurchas..
11/16 TOYOTA INDUSTRIES : Automated Lift Truck
11/10 TOYOTA INDUSTRIES : Werres Corporation Announces Acquisition by The Raymond Corp..
11/04 TOYOTA INDUSTRIES : Notice Concerning the Status of the Repurchase of Shares of ..
10/05 TOYOTA INDUSTRIES : Notice Concerning the Status of the Repurchase of Shares of ..
10/05 TOYOTA INDUSTRIES : European-Based Subsidiaries TMHMS and TMHMF Mark 70 and 20 Y..
09/28 TOYOTA INDUSTRIES CORPORATION : ex-dividend day for interim dividend
09/15 TOYOTA INDUSTRIES : Lanka recognises and rewards star achievers
08/16 DELIMARA POWER STATION : Conflicts of interest galore
More news
Sector news : Auto & Truck Manufacturers - NEC
09:58p DAIMLER : U.S. judge throws out emissions fraud lawsuit against Mercedes
06:07pDJBAYERISCHE MOTOREN WERKE : BMW to Pay A$77 Million As Part of Compensation Progr..
04:50p Exclusive - Emissions crackdown exposes Renault-Nissan engine trouble
04:21p Why the shift to electric cars may surprise oil groups
12:32p Factbox - Why the shift to electric cars may surprise oil groups
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
07/01 Toyota Industries, Honeywell in bid to buy Intelligrated
2015 Differences Between Japanese And U.S. Companies
2015 Toyota Industries Is Trading At A Discount To NAV And Still Growing
2015 Third Avenue Value Fund's Holding Companies
Financials ( JPY)
Sales 2017 2 195 097 M
EBIT 2017 -
Net income 2017 118 485 M
Debt 2017 519 702 M
Yield 2017 2,22%
P/E ratio 2017 14,13
P/E ratio 2018 13,48
EV / Sales 2017 1,04x
EV / Sales 2018 0,99x
Capitalization 1 759 539 M
More Financials
Duration : Period :
TOYOTA INDUSTRIES CORPORAT Technical Analysis Chart | 6201 | JP3634600005 | 4-Traders
Full-screen chart
Technical analysis trends TOYOTA INDUSTRIES...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 15
Average target price 5 271  JPY
Spread / Average Target -2,4%
Consensus details
EPS Revisions
More Estimates Revisions
Akira Onishi President & Representative Director
Tetsuro Toyoda Chairman
Kazue Sasaki Representative Director, VP & GM-Technology
Shinya Furukawa Representative Director, VP & GM-Corporate
Hirotaka Morishita Representative Director & Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA MOTOR CORP-9.69%189 432
DAIMLER AG-19.58%73 622
VOLKSWAGEN AG-9.08%68 138
More Results