FINANCIAL ANALYSIS

Financial Analysis - Toyota vs. Nissan

Financial Analysis - Toyota vs. Nissan

Toyota Co.

That is the sensation that consumers all over the world receive once they pop the top of a Toyota. Many drive it without ever realizing how the drive became so popular or how ToyotaCo, originating in 1919, gained its success (Toyota History, 2009, 65). The Toyota Company has taken an entrepreneurial journey that has brought it from its origin in the United States to the lands of the Far East and beyond. Along the way, ToyotaCo has been faced with several challenges including making its cars more appealing to a diverse world and adequately overcoming economic forces. Nevertheless, ToyotaCo has remained flexible, innovative, and adaptive throughout the years. It knows what consumers want, and it takes responsibility for those whom it serves: consumers, shareholders, and stakeholders. In all these things, prosperity has become Toyota Co's shadow: as reflected in the company's annual SEC 10-K's for 2008 and 2009. (Saito, 2009, 78)

Toyota's Mission

Toyota's mission has always been to provide clean and safe products. Thus, the business has positioned the natural environment as one of its most important matters and has been employed in the direction of creating a prosperous humanity and a world that is comfortable to reside in. With this goal in mind, Toyota has been dynamically developing various new technologies from the perspective of accomplishing energy security and diversifying power sources, which is necessitated by the dwindling supply of petroleum resources. (Toyota Motor Corporation, 2005, 32) For demonstration, in motive power sources for automobiles alone, we have been continuously advancing accepted motors and have evolved and commercialized lean-burn petrol engines, direct injection petrol engines and common rail direct-injection diesel motors, etc. We have also been modifying motors so that they can use alternate fuels, such as compressed natural gas (CNG), instead of gasoline or light oil, and have been installing these engines in commercially traded vehicles. Toyota has also evolved and has been trading electric powered vehicles (EV) that use motors for the going by car source; hybrid vehicles (HV) that blend an motor and a engine, fusing the benefits of these two power causes; fuel cell hybrid vehicles (FCHV) that use fuel units (FC) to develop electricity based on a chemical answer between hydrogen and the oxygen in the air and that supply this electrical energy to electric motors to make driving power. In January 1997, Toyota declared the start of the Toyota Eco Project. As part of this effort, Toyota determined to tackle the worldwide dispute of decreasing CO2 emissions in alignment to prevent global heating and accelerated the development of a hybrid vehicle with the aim of achieving two times the fuel effectiveness of accepted vehicles. Then, in stride of the same year, Toyota announced the culmination of a new power train called the Toyota Hybrid scheme (THS) for use in traveller vehicles. This power train blends a gasoline motor and an electric motor, and because it does not require external ascribing, as ...