Typhoon Shanshan pounds Japan with torrential rains, severe wind By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
Impact of Typhoon Shanshan: Typhoon Shanshan has caused severe disruptions in Japan, particularly in the Kyushu region, leading to at least three fatalities, widespread injuries, power outages for 125,000 households, and significant transport cancellations including flights and train services.
Evacuation Warnings and Factory Closures: Authorities have issued evacuation notices to millions due to risks of flooding and landslides, while major companies like Toyota and Nissan have suspended operations at their factories in response to the storm's impact.
Analyst Views on TM
About TM
Toyota Motor Corp is a Japan-based company mainly engaged in the automotive business, as well as financial services and other businesses. It operates through three business segments. The Automotive segment designs, manufactures, and sells automobiles, including sedans, minivans, compact cars, sport utility vehicles (SUVs), and trucks, as well as related parts and accessories. The Financial Services segment provides financing and vehicle leasing services to complement the sales of automobiles and other products manufactured by itself and its affiliates. The Other segment engages in information and communications services. It also oversees manufacturing and sales companies, conducts public relations and research activities, oversees financial companies, and develops various mobility products, primarily software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
