Toyota Motor's stock price surged, and its market value increased by $20.9 billion overnight

On December 26, Toyota Motor performed well in the U.S. stock market, with its share price soaring 8.78%, and its market value increased by $20.9 billion overnight. According to Nikkei Asia, Toyota Motor is working to double its return on equity (ROE) target to 20%, which has attracted widespread attention from investors. Morgan Stanley analyst Shinji Kakiuchi believes that this plan is feasible if Toyota can improve the efficiency of its value chain and find new sources of profit.