Toyota Motor Corporation (TMC) Announces First Quarter Financial Results

August 04, 2016
Toyota’s global net income decreased 14.5 percent for the 2017 fiscal year first quarter, which ended June 30, 2016.
 
Global Financial Highlights:
  • Global sales of 2,172,659 vehicles increased by 58,659 units compared to the same period last fiscal year. Japan, Europe and Asia posted sales gains, while North America and other regions declined.
  • Consolidated net revenues for the period totaled 6.58 trillion yen (*$60.925 billion), down 5.7 percent.
  • Operating income decreased to 642.2 billion yen (*$5.946 billion), down 15.0 percent.
  • Net income decreased to 552.4 billion yen (*$5.114 billion), a 14.5 percent decline.
  • Financial services operating income (excluding valuation gains/losses from interest-rate swaps) decreased to 81.6 billion yen (*$755.555 million).
(*all currency translations above are approximate and based on an average 108-yen-to-dollar exchange rate)
 
North America Financial Highlights:
  • Sales decreased by 13,429 vehicles to 715,384 units.
  • Operating income (excluding valuation gains/losses from interest-rate swaps) increased to 165.4 billion yen (*$1.531 billion).
(*currency translations above are approximate and based on an average 108-yen-to-dollar exchange rate)
 

Fiscal Year Global Forecast (April 1, 2016 – March 31, 2017): 
  • Global consolidated vehicle sales of 8.9 million
  • Consolidated net revenue of 26.0 trillion yen (*$254.9 billion)
  • Operating income of 1.6 trillion yen (*$15.686 billion)
  • Net income of 1.45 trillion yen (*$14.215 billion)
(*all currency translations above are approximate and based on a projected 102-yen-to-dollar exchange rate)
 
For more information on the fiscal year results, go to: 
http://www.toyota-global.com/investors/financial_result/
 
Media Contacts
Aaron Fowles
(469) 292-1097
Tags
sales/financial global financial results fy2017 fiscal year

< back

You must be logged in to view this item.




This area is reserved for members of the news media. If you qualify, please update your user profile and check the box marked "Check here to register as an accredited member of the news media". Please include any notes in the "Supporting information for media credentials" box. We will notify you of your status via e-mail in one business day.

Copyright Notice

All materials on this site are for editorial use only. The use of these materials for advertising, marketing or any other commercial purpose is prohibited. They may be cropped but not otherwise modified. To download these materials, you must agree to abide by these terms.