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by manxman 962 days ago
You think the problem is just the CEO and not the corporate culture or its complacency and arrogance and now confusion now that it's no longer the darling of Wall Street/The Nikkei? It's yet another Japanese zombie corporation that's lost its way.
1 comments

> It's yet another Japanese zombie corporation that's lost its way

Toyota's revenue is up 24.2% since last year [1].

I think Tesla would love to be a zombie corporation with those numbers.

[1] https://pressroom.toyota.com/tmc-announces-april-through-jun...

Revenue is vanity. Profit is sanity.

Many a large corporation had revenue growth even when the writing was on the wall for their business model.

Operating income increased from 0.578 trillion yen ($4.5 billion) to 1.120 trillion yen ($8.2 billion).

Which ever way you look at it Toyota is hardly struggling as a company.