tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Toyota Tsusho Expands Renewable Energy Footprint in Africa

Story Highlights
Toyota Tsusho Expands Renewable Energy Footprint in Africa

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Toyota Tsusho ( (JP:8015) ) is now available.

Toyota Tsusho Corporation has announced an additional capital contribution to its subsidiary AEOLUS SAS, which will now become a specified subsidiary. This move aims to accelerate renewable energy projects in Africa by leveraging CFAO’s business network and Eurus Energy’s expertise. The capital increase to EUR 50.2 million will enhance AEOLUS’s capacity to develop solar and wind power projects across the continent. The financial impact on Toyota Tsusho for the fiscal year ending March 2026 is expected to be negligible.

The most recent analyst rating on (JP:8015) stock is a Buy with a Yen4527.00 price target. To see the full list of analyst forecasts on Toyota Tsusho stock, see the JP:8015 Stock Forecast page.

More about Toyota Tsusho

Toyota Tsusho Corporation operates in the trading and investment industry, focusing on various sectors including automotive, chemicals, and renewable energy. The company is involved in the development and expansion of renewable energy projects, particularly in Africa, through its subsidiaries.

Average Trading Volume: 2,083,450

Technical Sentiment Signal: Buy

Current Market Cap: Yen4392.5B

See more insights into 8015 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1