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NTT Docomo Accelerates Digital Banking Ambitions with Acquisition of SBI Sumishin Net Bank
NTT Docomo Inc., a major Japanese mobile operator, is reshaping its competitive positioning by acquiring a majority stake in SBI Sumishin Net Bank Ltd. This 420 billion JPY (2.9 billion USD) transaction is designed to reinforce Docomo’s financial services portfolio, enabling it to diversify beyond saturated telecom revenues and tap into Japan’s rapidly expanding digital banking sector.
Toyota Achieves New Sales Milestone Amid Tariff-Driven Surge
Toyota Motor Corp. $7203.T reported unprecedented monthly sales for the second consecutive time, as global buyers rushed to secure vehicles ahead of impending US-import tariffs. In April, group sales, including subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., rose to 936,718 units worldwide. This figure marked a 12% year-on-year increase and established a new all-time monthly high, as disclosed by the company on Thursday. Correspondingly, global production reached 902,425 vehicles.
HP Inc. Faces Sharp Stock Drop After Weaker Earnings Outlook
HP Inc. $HPQ reported a substantial downward revision of its profit forecast, sparking a sharp fall in its stock price by up to 13% on Thursday. The tech company’s updated annual outlook reflects headwinds from both macroeconomic pressures and the persistent effects of US-imposed tariffs on Chinese imports. The combination of weakening demand and trade friction has prompted concerns regarding revenue stability and operational efficiency.
Such a move reinforces automation’s place at the center of innovation and scalability