Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

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
0
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
0
Latest news on TOYOTA INDUSTRIES CORPORAT
10/31 TOYOTA INDUSTRIES : Notice Concerning the Distribution of Interim Dividend and t..
10/20 TOYOTA INDUSTRIES' : Fuel Cell Towing Tractor Concept Wins Red Dot Design Award
10/06 TOYOTA INDUSTRIES : Manufacturer takes 250 local students on tour
10/06 TOYOTA INDUSTRIES : Entry-Level AC-Powered Walkie
10/03 Toyota partners Mazda, Denso for electric car venture
09/27 TOYOTA INDUSTRIES CORPORATION : ex-dividend day for interim dividend
09/07 COMBINE SOLICITATION - J -- NOTICE : Kardex Lektriever Repair
08/28 TOYOTA INDUSTRIES : Dnata acquires eco-friendly hybrid fleet from Al-Futtaim Mot..
08/14 TOYOTA INDUSTRIES : The Raymond Corp. expands to meet forklift demand
08/04 TOYOTA INDUSTRIES : Another mile of success for marque
More news
News from SeekingAlpha
11/17 LITHIUM INVESTING : Buy Into The Olaroz-Cauchari Basin
11/03 Toyota Industries Corporation ADR 2017 Q2 - Results - Earnings Call Slides
2016 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
Financials ( JPY)
Sales 2018 1 918 B
EBIT 2018 -
Net income 2018 142 B
Debt 2018 649 B
Yield 2018 1,98%
P/E ratio 2018 15,15
P/E ratio 2019 15,12
EV / Sales 2018 1,50x
EV / Sales 2019 1,37x
Capitalization 2 222 B
Chart TOYOTA INDUSTRIES CORPORAT
Duration : Period :
TOYOTA INDUSTRIES CORPORAT Technical Analysis Chart | 6201 | JP3634600005 | 4-Traders
Technical analysis trends TOYOTA INDUSTRIES CORPORAT
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 6 625  JPY
Spread / Average Target -2,9%
EPS Revisions
Managers
NameTitle
Akira Onishi President & Representative Director
Tetsuro Toyoda Chairman
Kazue Sasaki Representative Director, VP & GM-Technology
Shinya Furukawa Representative Director, VP & Head-Personnel
Taku Yamamoto Director & Senior Managing Executive Officer
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA INDUSTRIES CORPORATION22.44%19 749
TOYOTA MOTOR CORP0.79%200 987
VOLKSWAGEN19.05%97 812
DAIMLER-2.47%87 244
BAYERISCHE MOTOREN WERKE-4.30%64 912
GENERAL MOTORS CORPORATION25.95%63 748