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Financial Results Presentation7203TOYOTA MOTOR CORPORATIONAutomobiles and transportation equipment

Presentation Materials for the Fiscal Year Ending March 2026 Financial Results

For the fiscal year ended March 2026, operating income decreased by ¥1.0293 trillion from the previous fiscal year due in part to the impact of U.S. tariffs, but the company secured profit in line with its outlook through higher unit sales, price revisions and improvement efforts. For the fiscal year ending March 2027, the company expects lower profit because it will be unable to fully absorb the impact of the Middle East and other factors, but plans to raise its annual dividend to ¥100 and accelerate business structure reform.

Worth reading
73In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-10293
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial Results PresentationFiscal year ending March 2026, full year12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥506,849 million+5.5%
Operating profit¥37,662 million-21.5%
Net income¥38,480 million-19.2%
Operating profit margin7.4 %
Results for the three months of the current quarter
Operating revenue
¥125,973 million
Operating profit
¥5,694 million
Income before taxes
¥9,645 million
Profit for the period attributable to owners of the parent
¥8,172 million
Full-year earnings forecast
Operating revenue
¥510,000 million
Operating profit
¥30,000 million
Non-Operating Income and Expenses
¥12,300 million
Share of profit or loss of investments accounted for using the equity method
¥5,900 million
Income before taxes
¥42,300 million
Profit for the period attributable to owners of the parent
¥30,000 million
Dividend per share
¥100
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Profit secured in line with the outlook
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Impact of Foreign-Exchange Movements¥-1,950 million
  • Cost improvement efforts¥-1,200 million
  • Sales and marketing efforts¥-20,300 million
  • Changes in miscellaneous expenses and cost reduction efforts¥-20,100 million
  • Other¥6,057 million
  • Impact of U.S. tariffs¥-13,800 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • U.S. dollar exchange rate¥150
  • Euro exchange rate¥180
New initiatives
  • Five-brand strategy
  • Creating new value through SDVs and robotics
  • Diversified mobility development across land, sea and air
  • Maximizing production capacity utilization, reorganizing vehicle production and expanding production capacity
  • Using robotics inside and outside factories
Key KPIsA metric the company considers important as a management benchmark.
  • Consolidated unit sales9,595 thousand units
    Year on year against the same period last year+102.5%
  • Toyota and Lexus unit sales10,477 thousand units
    Year on year against the same period last year+102.0%
  • Electrified vehicle unit sales5,040 thousand units
    Year on year against the same period last year+106.5%
  • Electrified vehicle ratio48.1 %
  • Total group unit sales11,283 thousand units
    Year on year against the same period last year+102.5%
  • ROE10.1 %
Segment results
Japan
Consolidated unit sales
2,082 thousand units+4.6%
Operating profit
¥23,307 million
North America
Consolidated unit sales
2,934 thousand units+8.5%
Operating profit
¥-2,986 million
Europe
Consolidated unit sales
1,183 thousand units+1.0%
Operating profit
¥3,308 million
Asia
Consolidated unit sales
1,759 thousand units-4.3%
Operating profit
¥8,723 million
Other regions
Consolidated unit sales
1,637 thousand units-1.3%
Operating profit
¥3,078 million
Finance
Operating profit
¥7,098 million
China Business
Consolidated subsidiary operating profit
¥1,975 million
Equity-Method Investment Income and Loss
¥1,082 million
Toyota and Lexus unit sales
1,764 thousand units-1.4%
Medium-term management plan targets
  • Value-chain operating income
    Target value2.1
    Target fiscal year2,030
    Comparison with actual results¥1.4 trillion in 2025
  • ROE
    Target value20
    Comparison with actual results10% currently
Financial targets
ROE
Target value20 %
Actual value10 %
Results unit%
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
  • ¥-6,700 million
    DetailsTariff impact
  • ¥-2,700 million
    DetailsMiddle East impact
Capital expenditures
¥23,906 million
Annual Dividend
Fiscal year ending March 2026
Annual¥95
End of period¥50
Forecast for the fiscal year ending March 2027
Annual¥100
Acquisition of treasury shares
Planned acquisition amount for the fiscal year ending March 2026¥36,568 million
DetailsPlanned acquisition amount through a tender offer as part of the privatization of Toyota Industries Corporation. The acquired treasury shares are scheduled to be cancelled
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥506,849 million (YoY +5.5%)
Operating profit¥37,662 million (YoY -21.5%)
Net income¥38,480 million (YoY -19.2%)
Operating profit margin7.4 %
Results for the three months of the current quarterOperating revenue ¥125,973 million / Operating profit ¥5,694 million / Income before taxes ¥9,645 million / Profit for the period attributable to owners of the parent ¥8,172 million
Full-year earnings forecastOperating revenue ¥510,000 million / Operating profit ¥30,000 million / Non-Operating Income and Expenses ¥12,300 million / Share of profit or loss of investments accounted for using the equity method ¥5,900 million / Income before taxes ¥42,300 million / Profit for the period attributable to owners of the parent ¥30,000 million / Dividend per share ¥100
Self-assessment against the planProfit secured in line with the outlook
Segment resultsJapan Consolidated unit sales 2,082 thousand units (YoY +4.6%) / Operating profit ¥23,307 million / North America Consolidated unit sales 2,934 thousand units (YoY +8.5%) / Operating profit ¥-2,986 million / Europe Consolidated unit sales 1,183 thousand units (YoY +1.0%) / Operating profit ¥3,308 million / Asia Consolidated unit sales 1,759 thousand units (YoY -4.3%) / Operating profit ¥8,723 million / Other regions Consolidated unit sales 1,637 thousand units (YoY -1.3%) / Operating profit ¥3,078 million / Finance Operating profit ¥7,098 million / China Business Consolidated subsidiary operating profit ¥1,975 million / Equity-Method Investment Income and Loss ¥1,082 million / Toyota and Lexus unit sales 1,764 thousand units (YoY -1.4%)
Breakdown of Factors Affecting the ChangeFactors Impact of Foreign-Exchange Movements / Amount ¥-1,950 million, Factors Cost improvement efforts / Amount ¥-1,200 million, Factors Sales and marketing efforts / Amount ¥-20,300 million, Factors Changes in miscellaneous expenses and cost reduction efforts / Amount ¥-20,100 million, Factors Other / Amount ¥6,057 million, Factors Impact of U.S. tariffs / Amount ¥-13,800 million
Key KPIsIndicator name Consolidated unit sales / Value 9,595 thousand units / Year on year against the same period last year 102.5 thousand units, Indicator name Toyota and Lexus unit sales / Value 10,477 thousand units / Year on year against the same period last year 102 thousand units, Indicator name Electrified vehicle unit sales / Value 5,040 thousand units / Year on year against the same period last year 106.5 thousand units, Indicator name Electrified vehicle ratio / Value 48.1 %, Indicator name Total group unit sales / Value 11,283 thousand units / Year on year against the same period last year 102.5 thousand units, Indicator name ROE / Value 10.1 %
Assumptions Underlying the Business OutlookItem U.S. dollar exchange rate / Value ¥150, Item Euro exchange rate / Value ¥180
Risk amount incorporated into the outlookDetails Tariff impact / Amount ¥-6,700 million, Details Middle East impact / Amount ¥-2,700 million
Medium-term management plan targetsItem Value-chain operating income / Target value ¥2.1 trillion / Target fiscal year ¥2,030 trillion / Comparison with actual results ¥1.4 trillion in 2025, Item ROE / Target value 20 % / Comparison with actual results 10% currently
Financial targetsROE Target value 20 % / Actual value 10 % / Results unit %
Annual DividendFiscal year ending March 2026 Annual ¥95 / Interim Not disclosed / End of period ¥50 / Forecast for the fiscal year ending March 2027 Annual ¥100 / Interim Not disclosed / End of period Not disclosed
Acquisition of treasury sharesPlanned acquisition amount for the fiscal year ending March 2026 ¥36,568 million / Details Planned acquisition amount through a tender offer as part of the privatization of Toyota Industries Corporation. The acquired treasury shares are scheduled to be cancelled
Capital expenditures¥23,906 million
New initiativesFive-brand strategy, Creating new value through SDVs and robotics, Diversified mobility development across land, sea and air, Maximizing production capacity utilization, reorganizing vehicle production and expanding production capacity, Using robotics inside and outside factories
Items this document does not state (11)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Factors behind the decrease in operating income for the fiscal year ended March 2026 included higher expenses, including U.S. tariffs, insufficient cost improvement efforts and foreign exchange movements. The impact was contained through operating efforts, including higher unit sales, the effects of price revisions and increased value-chain earnings. For the fiscal year ending March 2027, the company expects lower profit because it will be unable to fully absorb the newly added impact of the Middle East.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Presentation Materials for the Fiscal Year Ending March 2026 Financial Results | TOYOTA MOTOR CORPORATION (7203) timely disclosure | Komori