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[BUSINESS] · Japan · 8 sources

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Toyota and Mazda report significant financial shifts and strategic expansions

Toyota Motor Corporation has announced a major strategic pivot with the creation of “Toyota Robotics,” a new division set to launch on January 1, 2027. Led by Takefumi Shiga, the division aims to centralize the company’s robotics expertise to support a massive modernization plan. Toyota expects to deploy approximately 400,000 robots across its own factories and its supplier network to enhance productivity and safety. This initiative includes the development of the ELEY humanoid robot, which utilizes embodied learning to assist in industrial tasks.

Financially, Toyota reported strong results for the second quarter of its fiscal year, with net profit rising 26.1 percent year-on-year to 2.23 trillion yen. The company also upwardly revised its full-year operating profit forecast to 3.9 trillion yen, despite challenges such as rising material costs and geopolitical tensions in the Middle East. While sales in China have faced pressure, the company saw growth in Japan and Europe, alongside a significant increase in electric vehicle sales.

Separately, Mazda reported a return to profitability, recording a profit of 44.225 billion yen (approximately 250 million euros) between April and September. This marks a significant recovery from the losses recorded during the same period last year. Mazda attributed this turnaround to favorable exchange rates, increased sales, improved pricing, and reduced customs duties. Despite the profit boost, Mazda slightly lowered its annual sales forecast to 1.297 million units.

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Arene · Japan · Mazda · Takefumi Shiga · Takemoto Shiga · Toyota Motor Corporation · Toyota Robotics · Yoichi Miyazaki

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