China's CATL reveals the latest EV Battery, capable of traveling 520 kilometers with a 5-minute charge.

At the "Tech Day" held in Shanghai, China's CATL showcased an EV Battery that can travel up to 520 kilometers with a five-minute charge. China’s largest EV manufacturer BYD announced an in-vehicle system in March that can travel approximately 400 kilometers with a five-minute charge. <7203> Toyota <6758> Sony Group Corp <6752> Panasonic HD <3407> Asahi Kasei <4204>

Fisco JapanApr 23 05:28

Toda Kogyo plans to record a special loss for the fiscal year ending March 2025.

TODA INDUSTRIES <4100> announced on the 19th that it plans to recognize a special loss for the fiscal year ending in March 2025. The company expects that the demand for materials for copiers and printers, which is part of its regeneration and transformation business, has decreased more than anticipated, leading to a continuous negative impact on its operating profit and loss. In response, the company reassessed the future recoverability of its business and shared assets it holds under the 'Accounting Standards for Impairment of Fixed Assets,' resulting in an impairment loss of approximately 0.5 billion yen.

Fisco JapanMar 26 09:34

Toda Factory --- Dissolution and liquidation of subsidiary.

TODA Industries <4100> announced on the 19th that it will dissolve its subsidiary, TODA Advanced Materials Inc. (TAM), located in Canada, and proceed with liquidation. TAM has been manufacturing and selling materials for lithium-ion batteries (LIB) and has built a production system in response to the growth of the EV market. However, sales have stunk due to the slowdown in the growth of the EV market and the decline of existing products. The company considered regeneration through collaboration, but ultimately abandoned the idea as investment was postponed due to the market environment.

Fisco JapanMar 26 09:33

Stock News Premium = European Index automotive rescue, expectations rise for EV-related Stocks.

U.S. President Trump is considering raising tariffs on imports from Europe, following similar actions with Canada, Mexico, and China. In response, the EU (European Union) has indicated plans to support EV (Electricity Vehicle) sales and expand subsidies for in-vehicle Battery production. A review of EV-related stocks, which are Stunk, is anticipated. <Purchase subsidies and Battery production support> In 2024, EV sales in Europe are expected to decline by 1% year-on-year (1.99 million units), marking the first year-on-year decrease.

Kabushiki ShimbunMar 10 15:01

Toda Kogyo --- jointly developed two-component curable magnetic polyurethane Resin suitable for thermal and electromagnetic noise (EMI) countermeasures in collaboration with Sanyo Chemical Industries and Electronic Equipment.

On the 3rd, Todaka Industries ＜4100＞ announced that it has developed a two-component curable magnetic urethane Resin "Kiraopasu" in collaboration with Sanyo Chemical Industries ＜4471＞, which has high thermal conductivity and electromagnetic noise suppression performance. "Kiraopasu" is a product in which Todaka Industries' high permeability soft ferrite powder and Sanyo Chemical Industries' interfacial control technology are applied to achieve a high concentration of dispersion in urethane Resin. This mechanism efficiently dissipates heat inside Electronic Equipment and also contributes to the suppression of electromagnetic noise (EMI).

Fisco JapanMar 4 18:50

Toda Kogyo Corp. Reports Increased Sales but Faces Profitability Challenges

TipRanksFeb 25 14:54