Zen and the art of Toyota maintenance
• 17 Jun 2014
Investors may love fast gains, but expect Toyota's CEO to try to sell some on the virtues of a slower growth strategy at the company's annual general meeting. Also, Singapore releases export data. (REUTERS/Jon Gordon)
Toyota's shares are firmly in the middle of the pack.
Bareksa.com - Are you feeling the need for speed? Well, sadly, you may find yourself in the minority this Tuesday (June 17) in Asia. At least if you are watching Toyota and its annual general meeting. While a weak yen accelerated growth last year for the automaker, repeating that triumph may prove tricky. Expect CEO Akio Toyoda to sell shareholders on the virtues of accepting slower near-term growth, in order to lay the ground-work for a longer-term boost. Will investors be receptive to that idea? Frankly, it is hard to say. (Source : Reuters)