Toyota (7203) made a significant rebound after entering the afternoon session. It has been reported that the target for ROE has been raised to double, to 20%, which is being seen as a factor in its evaluation. The market forecast for the ROE for the fiscal year ending March 2025 is expected to be around 11%. However, there seems to be a policy to increase the level through innovation in the business model and active shareholder returns, leading to improved market evaluations. The timeframe for achieving this has not been clarified, but it is believed to be around 2030.
トヨタ---大幅反発、ROE20％目標報道が伝わる
Toyota - a significant rebound, reports of a 20% ROE target have emerged.
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