Japanese Shipbuilder Surpasses Toyota in Trading Volume
By
Hikaru Nakamura
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
A small Japanese shipbuilder, Mitsui E&S Co., took the spotlight in Tokyo as it surpassed the trading turnover of the world’s largest automaker, Toyota Motor Corp. The shipbuilder's turnover reached ¥290 billion ($1.9 billion), while Toyota, whose market value is 230 times larger than the shipbuilder, had a turnover of ¥120 billion. This unexpected turn of events has drawn significant attention in the stock market, highlighting the impact of this underdog's remarkable trading volume.