173 EUR
7
4.22%
Last update Dec 12, 8:01 AM CET
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Day range
173
173
Previous close
166
Open
173
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Toyota Motor Corporation American Depositary ...
173.00
7
4.22%

Overview

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Description

Toyota Motor Corporation American Depositary Receipt is an equity instrument designed to provide investors outside Japan with exposure to one of the world’s leading automotive manufacturers. This asset represents depository shares issued by a U.S.-based depository bank, each corresponding to ownership in Toyota Motor Corporation’s common stock, which is originally listed in Japan. The primary function of this American Depositary Receipt (ADR) is to facilitate easier trading and settlement for international investors by denominating the asset in U.S. dollars and streamlining processes such as dividend payments and proxy voting through the depositary bank. Toyota Motor Corporation is globally recognized for its innovations in automotive manufacturing, producing a wide array of vehicles ranging from fuel-efficient cars and hybrid models to commercial trucks. The ADR structure allows investors to seamlessly participate in Toyota’s growth and operational performance without dealing with foreign market complexities. This instrument plays a significant role in expanding Toyota’s investor base and increasing the company’s liquidity in global financial markets, reinforcing its presence and accessibility for institutions and individual investors outside of Japan.

About

CEO
Mr. Koji Sato
Employees
441
Address
tr. TomAse Bati 1566
Otrokovice, 765 02
Phone
420 5 7766 2001
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Conglomerates
Country
Germany
MIC code
XSTU
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