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In spite of the latest sharp fall of stock prices at both New York and Tokyo stock markets, Honda's stock price has continued to rise suddenly. Meanwhile, Toyota's stock prise continued to be down and it has been reversed by Honda. The Honda won by the wide margin against Toyota. Recently Toyota announced the new investment for building the second engine plant in U.S.A. and also revealed the five year renovation plan for parts and materials purchase. Even with these sucessive anouncements, Toyota's stock price continued to fall down. The sharp rise of Honda's stock prices might have been caused by strategic purchase from foreign manufacturers or foeign investors, I am not sure. Anyway, it might be a state of emegency for Toyota. One of the reasons why Toyota is evaluated well is said to be slow reponse to hard competition.
The top executives of Toyota should show themselves still strong enough.
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