There are many 'pressure points' building up in Toyota, says financial services company

I think the answer is yes, but you know the challenge. You know that the shareholders are actually voicing big concern hauling for the head of Japan's most important company. And, you know, it's really quite incredible. And it just tells you how empowered shareholders, you know, around the world, including here in Japan, actually feel. I mean, just think about it. Four or five years ago, it would have been unthinkable. You know, that the of the best company in Japan is going to be asked to resign by the shareholders. Now there's a real pressure point building up indeed. I mean, when you take a look at the share registry, right, I think about 1/4 of Toyota shareholders right now are foreigners, ex Japan folks or or institutions, right? So obviously they've gotten much, much more leverage here. The the The thing is though, I mean, where does he go from here? He manages to keep his job, OK, but the pressure is going to continue from activist shareholders like I double S or even Glass Lewis, etcetera, especially with regards to the issue of unwinding cross shareholdings. Yes, exactly. I mean you've got you've got you know, sort of a lot of pressure points building up there. And I think, you know, from my discussions with Toyota, they're fully aware of the pressure points. They do want to continue to be the world's number one car company. And, you know, they've got the pressure points domestically from unwinding of cross shareholdings, you know, but more importantly, strategically and, you know, the pressure points from made in China competition, particularly in the EV space, you know, taking market share, being very aggressive and, you know, around the world, particularly in the global S, that's a strategy that Toyota is going to address with great urgency. Yeah, yes. But it's Lynn here joining in on the conversation. I I just actually wanted to pick up on what you were just talking about in terms of the Chinese competition because, yes, we've seen record earnings, but even in terms of its forecast, it's cited, for example, the competition in terms of China as being a potential headwind and of course, factoring in for its earnings going forward, the continuing weakness of the yen. But what do you make of the criticism that it is still moving too slowly, that it doesn't have, you know, a proper Bev strategy? It is kind of, I guess, reveling in this sort of mini hybrid renaissance at the moment. But how long do you think that will last? Look, I think that, you know, Toyota is actually taking quite some bold steps there. And, you know, you can argue whether joining the EV bandwagon hole out is the right thing to do. I mean, remember Toyota is the world's largest and biggest car producer and thank you very much. They are very, very capable of running high operating profit margins, a phenomenal business on the existing business there. And you know, I think that, you know, just a couple of months ago that new strategy of actually building meaner and leaner and more fuel efficient, you know, combustion engine slash hybrid technology actually tells you that Toyota is convinced that the hybrid strategy is the right way forward. And as far as I'm concerned, I'm very, very happy to give them the benefit of the doubt.