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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Toyota Motor Corporation | LSE:TYT | London | Ordinary Share | JP3633400001 | Y50 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6,926.17 | 115,500 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Motor Vehicles & Car Bodies | 37.15T | 2.45T | 179.6582 | 0.14 | 344.93B |
TIDMTYT
RNS Number : 1901I
Toyota Motor Corporation
01 April 2020
(Progress on Disclosed Matters) Toyota's automotive prismatic battery division to split-off as a subsidiary and ownership structure of such subsidiary to be changed for the purpose of creating a joint venture company with Panasonic
Pursuant to the news release published on February 3, 2020, titled "Toyota's automotive prismatic battery division to split-off as a subsidiary and ownership structure of such subsidiary to be changed for the purpose of creating a joint venture company with Panasonic" Toyota Motor Corporation ("Toyota") and Panasonic Corporation ("Panasonic") have executed the business integration described therein as of today.
The capital amount for the joint venture (the succeeding company) has been determined in relation to the execution of the business integration, thus Toyota updates the capital amount as follows (the updated and newly decided information is underlined):
1 Succeeding company's situation after the company split (as of April 1, 2020) Succeeding company (1) Company name Prime Planet Energy & Solutions, Inc. ------------------------------------- (2) Address 2-3-1 Muromachi , Nihonbashi, Chuo Ward, Tokyo ------------------------------------- (3) Title and name of managing President and Representative representative Director: Hiroaki Koda ------------------------------------- (4) Nature of business Development, manufacture and sales of high-capacity and high-output automotive prismatic lithium-ion batteries Development, manufacture and sales of automotive solid-state batteries Development, manufacture and sales of next-generation automotive batteries other than those mentioned above (including batteries based on new principles) Ancillary and other operations related to the above ------------------------------------- (5) Capital 95,050 million yen ------------------------------------- (6) Fiscal year Ending March -------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
April 01, 2020 03:00 ET (07:00 GMT)
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