Toyota Stock Slides On Q2 Earnings: The Details
Toyota Stock Slides On Q2 Earnings: The Details
Sales volumes were down 20% year-over-year. The automaker reported 2.3 million vehicle sales for the quarter, compared to 2.41 million vehicles sales in the same period last year. Toyota also cut its full-year vehicle production target to 10.85 million from 10.95 million. Toyota Motor Corporation (NYSE:TM) reported second-quarter financial results before the market open on Wednesday. Here's a rundown of the report.
豐田汽車公司（紐交所:TM）在週三開盤前公佈了第二季度業績。以下是報告摘要。
What Happened: Toyota reported second-quarter sales of 11.44 trillion yen ($76.29 billion), beating analyst estimates of 11.41 trillion yen. The company reported operating income of 1.15 trillion yen.
發生了什麼：豐田報告第二季度銷售額達到了11.44萬億日元（762.9億美元），超過了分析師對11.41萬億日元的估值。公司報告了1.15萬億日元的營業收入。
The second quarter marked Toyota's first quarterly profit drop in two years, per Reuters.
根據路透社的報道，第二季度標誌着豐田兩年來首次季度盈利下降。
Sales volumes were down 20% year-over-year. The automaker reported 2.3 million vehicle sales for the quarter, compared to 2.41 million vehicles sales in the same period last year. Toyota also cut its full-year vehicle production target to 10.85 million from 10.95 million.
銷量同比下降了20%。汽車製造商報告本季度銷售了230萬輛車，而去年同期則銷售了241萬輛車。豐田還將全年車輛生產目標從1095萬輛下調至1085萬輛。
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Toyota has been slower than competitors in making a shift to electric vehicles. Toyota chairman Akio Toyoda reportedly said an all-electric vehicle future would create significant job losses in the automotive industry.
豐田在向新能源車轉型方面比競爭對手慢。據報道，豐田董事長豐田章男表示，全電動汽車的未來將導致汽車行業出現重大的就業崗位流失。
"There are 5.5 million people involved in the automotive industry in Japan. Among them are those who have been doing engine-related (work) for a long time," he reportedly told reporters.
「日本汽車行業有550萬人。其中有些人長期從事發動機相關工作，」他據報道告訴記者。
"If electric vehicles simply become the only choice, including for our suppliers, those people's jobs would be lost."
「如果電動車成爲唯一選擇，包括我們的供應商在內，那些人的工作將會丟失。」
Toyota raised its full-year dividend forecast to 90 yen and maintained its profit forecast for the current year at 4.3 trillion yen.
豐田汽車將全年股息預測提高至90日元，並將本年度利潤預測維持在4.3萬億日元。
TM Price Action: At the time of publication, Toyota shares were down 0.62% at $173.64, according to data from Benzinga Pro.
Tm股價走勢：根據Benzinga Pro的數據，在發佈時，豐田股價下跌0.62%，報173.64美元。
Image: Photo via Shutterstock
圖片：通過shutterstock獲取的照片
譯文內容由第三人軟體翻譯。
