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> 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 c
by threeseed 3y ago
> 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-june-2023-financial-results/ https://pressroom.toyota.com/tmc-announces-april-through-jun...
- manxman 3y agoRevenue is vanity. Profit is sanity. Many a large corporation had revenue growth even when the writing was on the wall for their business model.
- threeseed 3y agoOperating 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.