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Business overview
The facts stated in this report are transcribed as presented. The following provides a prose overview of the Company’s business as a whole and key information for the latest fiscal year, together with the required subsections. The Company is a corporate group primarily engaged in the automotive business, as well as financial services and other businesses. As of 31 March 2026, it had 602 consolidated subsidiaries and 159 associates and jointly controlled entities. Through its domestic and overseas sales and manufacturing networks, it engages in the design, manufacture and sale of automobiles, financial services, information and communications businesses, and other activities. Production and sales are conducted primarily through overseas operations, with North America, Europe and Asia as its main markets. At its overseas operations, the Company is promoting local production and seeks to mitigate foreign exchange risk by purchasing and selling parts and vehicles in local currencies. Key matters during the fiscal year included the pursuit of a growth strategy centered on transforming the Company into a mobility company, safety and value-creation initiatives focused on SDV (Software Defined Vehicle), and open-innovation demonstration and collaboration activities, including Woven City. As of 31 March 2026, the Company maintained relationships with major affiliated companies, including Hino Motors, Ltd., in terms of capital, voting rights ownership and principal businesses. Its major subsidiaries and affiliated companies also included Toyota Financial Services Co., Ltd., Toyota Finance Corporation, Toyota Motor North America, Inc., Toyota Motor Manufacturing, Kentucky, Inc., Toyota Motor Manufacturing, Indiana, Inc., Toyota Motor Manufacturing, Texas, Inc., Toyota Battery Manufacturing Co., Ltd., Woven by Toyota, Inc., and GAC Toyota Motor Co., Ltd. Major products and services include the design, manufacture and sale of automobiles and automotive parts, financial services, leasing, vehicle financing and information and communications services. The Company operates in both the domestic and overseas markets. Its automotive business includes sedans, minivans, compact cars, SUVs and trucks. In Japan, vehicles are provided to customers through sales networks including Toyota Mobility Tokyo Co., Ltd. Overseas sales are conducted through companies including Toyota Motor Sales, U.S.A., Inc. Major automotive products include the LS, RX, Crown, Corolla, RAV4, Yaris, Hilux, Camry, Tacoma, Urban Cruiser, Highlander, Land Cruiser, Raize, Sienta, Roomy, Voxy, Alphard, Noah, Profia and Tanto, among others. For the fiscal year ending March 2026, consolidated net revenues were ¥50,684,952 million, operating income was ¥3,766,216 million, and profit for the year attributable to owners of the parent was ¥3,848,098 million. Segment revenues and profit were as follows. Automotive segment (revenues from external customers, ¥ million): Vehicles: 38,847,899; production parts: 1,509,449; parts: 3,608,666; other: 1,235,909; total revenues from external customers: 45,201,924; operating income: 2,777,049. Financial services segment (revenues from external customers, ¥ million): Financial services: 4,857,115; operating income: 851,722. Other segment (revenues from external customers, ¥ million): Other: 1,651,412; operating income: 132,079. Revenue from external customers by region was ¥10,985,614 million in Japan, ¥18,493,969 million in the United States and ¥21,205,369 million in other regions, for a total of ¥50,684,952 million. Factors affecting results included foreign exchange movements, fluctuations in raw material prices, regulatory developments such as tariffs, and changes in global supply chains. Trends in significant contracts, investments, mergers and integrations included collaboration to strengthen CASE technology development and the commercial vehicle business, the exclusion of Hino Motors, Ltd. from the scope of consolidation in connection with the business integration of Hino Motors, Ltd. and Mitsubishi Fuso Truck and Bus Corporation, CASE-related joint venture and joint development agreements, a joint business with Panasonic, and strategic alliances with Mazda, SUBARU, Suzuki and Toyota Gazoo Racing, among others. As a note, the Company prepares consolidated financial statements in accordance with IFRS and discloses significant accounting policies, estimates, subsequent events and other matters. The report also contains extensive information on the Company’s history, medium-term targets, TCFD and other sustainability disclosures, risk factors and strategic outlook. No applicable disclosure.
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