On June 26, Toyota Motor rose 3.02% in regular trading, trading at $171.86/share, with turnover of $21.48 million. The rebound follows multiple positive catalysts including strong subsidiary performance and improving competitive positioning in the US market.
Toyota's vehicle subscription service unit Kinto saw its operating profit more than double in fiscal 2025, jumping to 1.45 billion yen in the year ended March, with revenue up 32% to 77.3 billion yen. Net profit nearly quadrupled to 3.02 billion yen, aided by tax adjustments and a buoyant used-car market in Japan. The unit received approximately 34,000 new subscription applications during the fiscal year, bringing cumulative applications since its 2019 launch to over 170,000.
Separately, Toyota is gaining ground on General Motors in US sales as hybrid demand rises, with its market share projected to reach 15.8% in the first half versus GM's forecast decline to 16.8%. Toyota's electrified vehicle sales rose 5.6% through May. Additionally, Toyota reportedly completed the sale of its entire MS&AD Insurance stake for approximately 290 billion yen as part of its cross-shareholding reduction strategy.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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