Toyota Motor

Moody's Investors Service has assigned its Aa1 ratings to Toyota Motor Corporation's (7203.T) (Toyota) Series 7, Yen 120 billion, 1.34 % bonds, due 2013 and Series 8, Yen 80 billion, 2.01 % bonds, due 2018. The rating outlook is negative.
Toyota's long-term Aa1 rating reflects Moody's expectation that Toyota continues to update the quality of its models and enhance its brand image.
The widening breadth of Toyota's product line, its strong brand image and its formidable R&D program should support a successful long-term new product strategy, which should, in turn, allow it to maintain and increase its global sales and market share, even against the backdrop of a slowing world economy.

Toyota's conservative financial management strategy has resulted in superior financial flexibility and further supports the rating. Moody's believes that Toyota will preserve its very strong degree of balance sheet liquidity.
The length and severity of the downturn in the global automotive markets will likely result in significantly weaker-than-expected credit metrics for Toyota's profitability, and pressure on earnings will continue through FYE 3/2009 and into FYE 3/2010.
However, in Moody's view, Toyota's profits should recover significantly in FYE 3/2011, as the company restores the profitability of its product portfolio, albeit with lower volumes and revenues, even in a strong yen environment.



[SigmaForex Customer Support Area]

Customer satisfaction is number 1

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.
Our slogan is to achieve the maximum level of satisfaction for our customers for that we built customer support which is availble 24/7 to be reached for all clients at any time.

Open Live Chat Now

Email Us

FAQs

Funding Methods

Withdrwal Methods

Trading Agreement