Latest news with #ToyotaMotorCorp
Bloomberg
5 hours ago
- Business
- Bloomberg
Toyota Industries Board to Discuss $42 Billion Buyout Proposal
Toyota Industries Corp. said its board will evaluate a buyout proposal that will take the company private, a move that will strengthen the founding family's grip over Japan's biggest business empire. A group led by Toyota Motor Corp. Chairman Akio Toyoda is seeking to acquire the subsidiary for ¥6 trillion ($42 billion), people familiar with the matter said last month. Toyota Industries issued a statement on Tuesday in response to reports that the deal will be announced, saying that no specific decisions have been made public.
Yahoo
17 hours ago
- Business
- Yahoo
Is WisdomTree Japan Hedged Equity ETF (DXJ) a Strong ETF Right Now?
Launched on 06/16/2006, the WisdomTree Japan Hedged Equity ETF (DXJ) is a smart beta exchange traded fund offering broad exposure to the Asia-Pacific (Developed) ETFs category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. These indexes attempt to select stocks that have better chances of risk-return performance, based on certain fundamental characteristics or a combination of such characteristics. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. DXJ is managed by Wisdomtree, and this fund has amassed over $3.44 billion, which makes it one of the larger ETFs in the Asia-Pacific (Developed) ETFs. Before fees and expenses, DXJ seeks to match the performance of the WisdomTree Japan Hedged Equity Index. The WisdomTree Japan Hedged Equity Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for DXJ are 0.48%, which makes it on par with most peer products in the space. The fund has a 12-month trailing dividend yield of 3.11%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. When you look at individual holdings, Toyota Motor Corp accounts for about 5.21% of the fund's total assets, followed by Mitsubishi Ufj Financial Group and Japan Tobacco Inc. Its top 10 holdings account for approximately 31.15% of DXJ's total assets under management. So far this year, DXJ has added about 3.07%, and was up about 7.13% in the last one year (as of 06/02/2025). During this past 52-week period, the fund has traded between $91.43 and $117.51. The fund has a beta of 0.41 and standard deviation of 19.48% for the trailing three-year period, which makes DXJ a medium risk choice in this particular space. With about 448 holdings, it effectively diversifies company-specific risk. WisdomTree Japan Hedged Equity ETF is a reasonable option for investors seeking to outperform the Asia-Pacific (Developed) ETFs segment of the market. However, there are other ETFs in the space which investors could consider. JPMorgan BetaBuilders Japan ETF (BBJP) tracks MORNINGSTAR JAPAN TRGT MRKT EXPOSURE ID and the iShares MSCI Japan ETF (EWJ) tracks MSCI Japan Index. JPMorgan BetaBuilders Japan ETF has $13.02 billion in assets, iShares MSCI Japan ETF has $15.03 billion. BBJP has an expense ratio of 0.19% and EWJ charges 0.50%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Asia-Pacific (Developed) ETFs. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WisdomTree Japan Hedged Equity ETF (DXJ): ETF Research Reports iShares MSCI Japan ETF (EWJ): ETF Research Reports JPMorgan BetaBuilders Japan ETF (BBJP): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Scottish Sun
2 days ago
- Automotive
- Scottish Sun
World's largest car maker confirms it WILL build hot hatch in UK and invest £40million in a new assembly line
THE world's biggest car maker has confirmed it will build a popular hot hatch in the UK from next year as demand soars. Toyota says it will manufacture the GR Corolla from Burnaston, Derbyshire in a bid to ramp up production. 3 The GR Corolla is currently only available in Japan Credit: Toyota 3 Camry vehicles move down the assembly line at the Toyota Motor Corp. manufacturing plant in Georgetown, Kentucky Credit: Getty 3 Toyota's car plant in Burnaston, Derbyshire Credit: PA:Press Association It follows reports that the car maker was planning to invest around £41 million into the new line. Toyota has denied that the move is related to Trump's tariffs, which place a 25% import tax on cars from Japan compared to just 10% from the UK. The announcement has further fulled speculation that the popular model, which is currently only available in specific markets, could soon be launched in Europe. The GR Corolla is currently only available in Japan - and is exported to North America and certain other markets. Prototypes were spotted being tested at Germany's Nürburgring last year, leading to speculation of a launch according to Autocar. However, a spokesperson suggested it was standard to test global products there - but did not deny the prospect of a European launch. Toyota currently sells the GR Yaris and the GR Supra in Europe. Yoshihiro Nakata, president and CEO of Toyota Motor Europe, said: "We are proud that TMUK, our first plant in Europe, has also been selected as the first overseas Toyota plant to produce GR vehicles, securing this expansion project for TGR worldwide. "We very much appreciate the historical support and recognition of the United Kingdom and would like to continue to contribute to UK society as a 'Best in Town' company." The Burnaston plant currently produces Toyota's Corolla hatchback and estate for British and European markets. Popular car brand to launch new EV as company teases 'hammerhead' design to rival the Volvo EC40 But the proposed new investment could see production rates significantly boosted. Previous Reuters reports suggest that it could give the plant a capacity of 10,000 cars per year. The reports add that Toyota's Motomachi plant in Japan, which handles GR output, is currently at full capacity. Burnaston built its five millionth car since opening in 1992 last year. Toyota invested a staggering £240million to upgrade the Burnaston plant back in 2017. Then Business and Energy Secretary Greg Clark said at the time: 'Our automotive sector is one of the most productive in the world and Toyota's decision to invest £240 million upgrading its Burnaston plant is a further boost to the UK auto sector. "I also welcome the prospect of investment to take Toyota New Global Architecture into the supply chain. "Toyota is one of the world's largest car producers and this inward investment underlines the company's faith in its employees and will help ensure the plant is well positioned for future Toyota models to be made in the UK. "As we prepare to leave the EU, this Government is committed through our Industrial Strategy to ensuring the UK remains one of the best places in the world to do business and we are able to help businesses seize on economic opportunities.'
The Irish Sun
2 days ago
- Automotive
- The Irish Sun
World's largest car maker confirms it WILL build hot hatch in UK and invest £40million in a new assembly line
THE world's biggest car maker has confirmed it will build a popular hot hatch in the UK from next year as demand soars. Toyota says it will manufacture the GR Corolla from Burnaston, Derbyshire in a bid to ramp up production. Advertisement 3 The GR Corolla is currently only available in Japan Credit: Toyota 3 Camry vehicles move down the assembly line at the Toyota Motor Corp. manufacturing plant in Georgetown, Kentucky Credit: Getty 3 Toyota's car plant in Burnaston, Derbyshire Credit: PA:Press Association It follows reports that the car maker Toyota has denied that the move is related to Trump's tariffs, which place a 25% import tax on cars from Japan compared to just 10% from the UK. The announcement has further fulled speculation that the popular model, which is currently only available in specific markets, could soon be launched in Europe. The GR Corolla is currently only available in Japan - and is exported to North America and certain other markets. Advertisement read more in motors Prototypes were spotted being tested at Germany's Nürburgring last year, leading to speculation of a launch according to Autocar. However, a spokesperson suggested it was standard to test global products there - but did not deny the prospect of a European launch. Toyota currently sells the GR Yaris and the GR Supra in Europe . Yoshihiro Nakata, president and CEO of Toyota Motor Europe, said: "We are proud that TMUK, our first plant in Europe, has also been selected as the first overseas Toyota plant to produce GR vehicles, securing this expansion project for TGR worldwide. Advertisement Most read in Motors "We very much appreciate the historical support and recognition of the United Kingdom and would like to continue to contribute to UK society as a 'Best in Town' company." The Burnaston plant currently produces Toyota's Corolla hatchback and estate for British and European markets. Popular car brand to launch new EV as company teases 'hammerhead' design to rival the Volvo EC40 But the proposed new investment could see production rates significantly boosted. Previous Reuters reports suggest that it could give the plant a capacity of 10,000 cars per year. Advertisement The reports add that Toyota's Motomachi plant in Japan , which handles GR output, is currently at full capacity. Burnaston built its five millionth car since opening in 1992 last year. Toyota invested a staggering £240million to upgrade the Burnaston plant back in 2017. Then Business and Energy Secretary Greg Clark said at the time: 'Our automotive sector is one of the most productive in the world and Toyota's decision to invest £240 million upgrading its Burnaston plant is a further boost to the UK auto sector. Advertisement "I also welcome the prospect of investment to take Toyota New Global Architecture into the supply chain. "Toyota is one of the world's largest car producers and this inward investment underlines the company's faith in its employees and will help ensure the plant is well positioned for future Toyota models to be made in the UK. "As we prepare to leave the EU, this Government is committed through our Industrial Strategy to ensuring the UK remains one of the best places in the world to do business and we are able to help businesses seize on economic opportunities.'
Bloomberg
5 days ago
- Automotive
- Bloomberg
Toyota to Sell Seven EV Models in US, Send Surplus Cars Overseas
Toyota Motor Corp. is betting Americans are ready for more US-made electric vehicles. And if they aren't, it has a plan: exports. Production of two American-made all-electric models is slated to begin next year, joining three new imported EVs Toyota aims to have in US showrooms in the coming months and two currently available. By mid-2027, a total of seven EVs will be showing up in its US dealerships.
