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San Diego Union (Free subscription) | 08/08/2008
... is seeing its momentous sales growth slow amid a U.S. economic downturn and soaring gas prices. Koji Endo, auto analyst for Credit Suisse in Tokyo, said that while Toyota is boosting sales in China and other new markets, it can't make up for the shortfall in giant markets such as the United States, Europe and Japan. “The situation is extremely tough for Toyota,” he said. “If the currency...
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Denver Post (Free subscription) | 08/08/2008
... is seeing its momentous sales growth slow amid a U.S. economic downturn and soaring gas prices. Koji Endo, auto analyst for Credit Suisse in Tokyo, said that while Toyota is boosting sales in new markets such as China, it can't make up for the shortfall in giant markets like the U.S., Europe and Japan. "The situation is extremely tough for Toyota," he said. "If the currency fluctuation...
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atHome Top Story (Free subscription) | 08/07/2008
... is seeing its momentous sales growth slow amid a U.S. economic downturn and soaring gas prices.Koji Endo, auto analyst for Credit Suisse in Tokyo, said that while Toyota is boosting sales in new markets like China, it can't make up for the shortfall in giant markets like the U.S., Europe and Japan."The situation is extremely tough for Toyota," he said. "If the currency fluctuation...
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Financial Time (Free subscription) | 08/07/2008
... earnings forecast, saying a weakening yen would offset a faster-than-expected decline in sales.Koji Endo, motor analyst at Credit Suisse, said: “If you look at the real numbers, profitability is worse than it seems.”In addition to the revised currency assumption, Toyota booked an accounting gain related to interest rate swaps in the US, without which Mr Endo said operating...
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Detroit Free Press (Free subscription) | 08/07/2008
... vehicles, or 4.3%, to 729,000. European sales were down by 32,000 vehicles, or 9.6%, to 301,000.Koji Endo, auto analyst at Credit Suisse in Tokyo, said the troubles at Toyota in maintaining profits and vehicle sales were worse than it looked on the surface because of what he characterized as some bookkeeping stunts that were boosting the numbers.“The numbers on the surface don’t look...
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Detroit Free Press (Free subscription) | 08/07/2008
... vehicles, or 4.3%, to 729,000. European sales were down by 32,000 vehicles, or 9.6%, to 301,000.Koji Endo, auto analyst at Credit Suisse in Tokyo, said the troubles at Toyota in maintaining profits and vehicle sales were worse than it looked on the surface because of what he characterized as some bookkeeping stunts that were boosting the numbers.“The numbers on the surface don’t look...
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Detroit News Online (Free subscription) | 08/07/2008
... 4.3 percent, to 729,000. European sales were down by 32,000 vehicles, or 9.6 percent, to 301,000. Koji Endo, auto analyst at Credit Suisse in Tokyo, said the troubles at Toyota in maintaining profits and vehicle sales were worse than it looked on the surface because of what he characterized as some bookkeeping stunts that were boosting the numbers. "The numbers on the surface don't...
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CNNMoney.com (Free subscription) | 08/07/2008
... 4.3 percent, to 729,000. European sales were down by 32,000 vehicles, or 9.6 percent, to 301,000.Koji Endo, auto analyst at Credit Suisse in Tokyo, said the troubles at Toyota in maintaining profits and vehicle sales were worse than it looked on the surface because of what he characterized as some bookkeeping stunts that were boosting the numbers."The numbers on the surface don't...
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Seattle Times (Free subscription) | 08/07/2008
... 4.3 percent, to 729,000. European sales were down by 32,000 vehicles, or 9.6 percent, to 301,000.Koji Endo, auto analyst at Credit Suisse in Tokyo, said the troubles at Toyota in maintaining profits and vehicle sales were worse than it looked on the surface because of what he characterized as some bookkeeping stunts that were boosting the numbers."The numbers on the surface don't...
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kansascity.com (Free subscription) | 08/07/2008
... to 729,000. European sales were down by 32,000 vehicles, or 9.6 percent, to 301,000.
Koji Endo, auto analyst at Credit Suisse in Tokyo, said the troubles at Toyota in maintaining profits and vehicle sales were worse than it looked on the surface because of what he characterized as some bookkeeping stunts that were boosting the numbers.
"The numbers on the surface don't...
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New York Post (Free subscription) | 07/29/2008
The warning also raised alarms about profits. "Toyota typically doesn't alter its forecasts at the first quarter, but after a revision of this scope there's always an off chance that they'll lower their earnings outlook," said Credit Suisse analyst Koji Endo.
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Financial Time (Free subscription) | 07/29/2008
... more than half of Toyota's downgrade but the company also cut its forecasts for Europe and Japan.Koji Endo, motor industry analyst at Credit Suisse, said: "The biggest problems are in the US but it's not just a US story. It looks like it's spreading, and that's a worry."Analysts expect Toyota to report a drop in net profit of as much as 40 per cent when it announces results for its...
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Financial Time (Free subscription) | 07/28/2008
... more than half of Toyota’s downgrade but the company also cut its forecasts for Europe and Japan.Koji Endo, autos analyst at Credit Suisse, said: “The biggest problems are in the US but it’s not just a US story. It looks like it’s spreading, and that’s a worry.”Analysts expect Toyota to report a drop in net profit of as much as 40 per cent when it announces results for its fiscal...
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The Earth Times Online Newspaper (Free subscription) | 07/28/2008
... always an off chance that they'll lower their earnings outlook," said Credit Suisse auto analyst Koji Endo.Toyota's initial global sales plan called for sales at the group, which includes truck unit Hino Motors Ltd <7205.T> and minivehicle maker Daihatsu Motor Co <7262.T>, to grow 5 percent to 9.85 million vehicles this year. Overall sales forecasts did not change at Hino and fell...
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ireland.com (Free subscription) | 07/28/2008
... always an off chance that they'll lower their earnings outlook," said Credit Suisse auto analyst Koji Endo. Toyota's initial global sales plan called for sales at the group, which includes truck unit Hino Motors Ltd and minivehicle maker Daihatsu Motor Co to grow 5 per cent to 9.85 million vehicles this year. Overall sales forecasts did not change at Hino and fell only 10,000 units...
