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TOYOTA - Research Paper Example
Author : sister06
Finance & Accounting
Pages 7 (1757 words)
Company analysis- Toyota Motor Corporations Name: Institution: Instructor: Subject: Date: Executive Summary This report looks at an analysis of the financial statements for Toyota Motor Corporations. Ratio analysis is undertaken in order to interpret the financial information from the management, creditors and investors view and any other stakeholders…
Introduction Toyota Motor Corporation was started in 1933 in Japan. It is a business dealer in automobile as well as finance services and housing deals. The company stands as the leader in the automobile industry followed by general motors and other car manufacturing industries (Jeffrey, 2004). The company has its wings spread all over the world supplying cars. It makes about 40% of all vehicles in the world selling half in its domestic market and the rest international. It has 511 subsidiaries and 217 associate companies by the end of March, 2011. It has been argued that the company sells its merchandise at very high cost leading to abnormal profits (Bill, 2011). The credit rating of Toyota has gone down from AA to AA minus accordingly to the scores rates. ...