Every one of this morning's five worst movers sits in AI compute, quantum or digital infrastructure, with IonQ down 5.3% at the open. The bid went the other way, into Japanese financials, autos and travel names.
Toyota
About Toyota
Toyota Motor Corporation designs, manufactures and distributes passenger cars, minivans, compact cars, SUVs, trucks and related parts and accessories under the Toyota, Lexus and Daihatsu brands. It sells across Japan, North America, Europe, Asia, Central and South America, Oceania, Africa and the Middle East, with consolidated vehicle sales forecast at about 9.7 million units for FY2027.
The company reports three segments:
- **Automotive**, which accounts for the large majority of revenue.
- **Financial Services**, providing vehicle financing and leasing to support product sales.
- **All Other**, covering telecommunications and other businesses.
Toyota pursues a 'multi-pathway' powertrain strategy spanning hybrids (HEV), plug-in hybrids, battery-electric and fuel-cell vehicles. Hybrids drive most of its electrified sales, which now exceed half of Toyota and Lexus retail volume. The company is expanding value-chain businesses such as maintenance, finance, insurance, parts, used vehicles and connected services, targeting about 150 billion yen of annual profit growth from these.
It is also building robotics into a new pillar, with a dedicated Toyota Robotics organization launching in January 2027. Other growth investments include AI, semiconductors, space and air mobility (e.g., Joby Aviation), made through vehicles such as Woven Capital and Toyota Ventures.
During FY2027 Toyota deconsolidated Hino Motors following its integration with Mitsubishi Fuso and sold its stake in Toyota Industries as part of that company's privatization. The company is listed in Tokyo and Nagoya and trades in the U.S. via ADRs (TM). Updated
Frequently Asked Questions
What does Toyota do?
Toyota Motor Corporation designs, manufactures and distributes passenger cars, minivans, compact cars, SUVs, trucks and related parts and accessories under the Toyota, Lexus and Daihatsu brands.