Toyota Motor (TM) HQ Raided Over Alleged Drug Offenses

Toyota (NYSE: TM) shares are largely unchanged following reports that the company's headquarters was raided late last week.

The raid was over alleged drug offenses, according to Japan's Asahi news source.

Toyota President Akio Toyoda apologized after its new communications chief, Julie Hamp, was arrested on suspicion of bringing painkillers into Japan.

Shares of Toyota are up 1 percent.

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