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Financial results presentation7203TOYOTA MOTOR CORPORATIONAutomobiles and transportation equipment

Presentation Materials for the First Quarter Financial Results for the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, operating revenue increased while operating income declined. Pre-tax income and net income rose substantially due to an improvement in non-operating income (loss). The full-year operating income and net income forecasts were revised upward, and the company announced a ¥1 trillion share repurchase authorization and the cancellation of 200 million treasury shares.

Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
4000
¥100 million (increase from the previous full-year operating income forecast)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥135,254 100 million
Operating profit¥10,634 100 million
Net income¥14,770 100 million
Operating profit margin7.9 %
Results for the three months of the current quarter
PeriodApril–June 2026
Operating revenue
¥135,254 100 million
Operating profit
¥10,634 100 million
Income before taxes
¥19,638 100 million
Profit for the period attributable to owners of the parent
¥14,770 100 million
Full-year earnings forecast
Operating revenue
¥540,000 100 million
Operating profit
¥34,000 100 million
Non-Operating Income and Expenses
¥11,700 100 million
Share of profit or loss of investments accounted for using the equity method
¥5,800 100 million
Income before taxes
¥45,700 100 million
Profit for the period attributable to owners of the parent
¥32,500 100 million
Dividend per share
¥100
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year change in first-quarter operating income
Impact of Foreign-Exchange Movements3,450
Cost improvement efforts-850
Sales and marketing efforts700
Changes in miscellaneous expenses and cost reduction efforts-1,900
Other-2,426
Change from the previous full-year operating income forecast
Impact of Foreign-Exchange Movements4,800
Cost improvement efforts-1,200
Sales and marketing efforts2,300
Changes in miscellaneous expenses and cost reduction efforts-500
Other-1,400
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
U.S. dollar exchange rate
Previous meeting¥150
Current¥160
Euro exchange rate
Previous meeting¥180
Current¥181
New initiatives
  • Expanding HEV production capacity and HEV battery production
  • Increasing Tacoma production at the Texas plant in the United States (operations to begin in 2030, annual capacity of 150,000 vehicles)
  • Establishing a fourth plant in India (operations to begin in 2029, annual capacity of 100,000 vehicles)
  • Supplying the Land Cruiser FJ and Noah/Voxy to Japan from overseas facilities
  • Establishing a ¥1 trillion share repurchase authorization and cancelling 200 million treasury shares
Key KPIsA metric the company considers important as a management benchmark.
  • Consolidated unit sales2,395 thousand units
  • Toyota and Lexus retail vehicle sales2,552 thousand units
    Year on year against the same period last year96.5%
  • Electrified vehicle unit sales1,410 thousand units
    Year on year against the same period last year112.4%
  • Electrified vehicle ratio55.3 %
  • HEV sales1,238 thousand units
    Year on year against the same period last year106.7%
  • PHEV sales58 thousand units
    Year on year against the same period last year124.5%
  • BEV sales114 thousand units
    Year on year against the same period last year241.1%
  • Total group unit sales2,714 thousand units
    Year on year against the same period last year95.9%
Segment results
Japan
Operating profit
April-June 20256,434
April–June 20265,386
Change-1,047
Consolidated unit sales
April-June 2025481
April–June 2026524
Year on year against the same period last year108.9%
North America
Operating profit
April-June 2025-636
April–June 20261,253
Change1,889
Consolidated unit sales
April-June 2025794
April–June 2026792
Year on year against the same period last year99.8%
Europe
Operating profit
April-June 2025974
April–June 20261,132
Change158
Consolidated unit sales
April-June 2025298
April–June 2026307
Year on year against the same period last year103.0%
Asia
Operating profit
April-June 20252,207
April–June 20262,095
Change-112
Consolidated unit sales
April-June 2025421
April–June 2026439
Year on year against the same period last year104.3%
Other regions
Operating profit
April-June 2025984
April–June 20261,010
Change25
Consolidated unit sales
April-June 2025417
April–June 2026332
Year on year against the same period last year79.6%
Capital expenditures
¥23,000 100 million FY2027 outlook
Annual Dividend
Annual dividend per share¥100
Acquisition of treasury shares
Buyback limit
¥10,000 100 million
LimitYes
Method of acquisitionMarket purchases
Treasury Share Cancellation
20,000 10,000 shares
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥135,254 100 million
Operating profit¥10,634 100 million
Net income¥14,770 100 million
Operating profit margin7.9 %
Results for the three months of the current quarterPeriod April–June 2026 / Operating revenue ¥135,254 100 million / Operating profit ¥10,634 100 million / Income before taxes ¥19,638 100 million / Profit for the period attributable to owners of the parent ¥14,770 100 million
Full-year earnings forecastOperating revenue ¥540,000 100 million / Operating profit ¥34,000 100 million / Non-Operating Income and Expenses ¥11,700 100 million / Share of profit or loss of investments accounted for using the equity method ¥5,800 100 million / Income before taxes ¥45,700 100 million / Profit for the period attributable to owners of the parent ¥32,500 100 million / Dividend per share ¥100
Segment resultsJapan Operating profit April-June 2025 6,434 / April–June 2026 5,386 / Change -1,047 / Consolidated unit sales April-June 2025 481 / April–June 2026 524 / Year on year against the same period last year 108.9% / North America Operating profit April-June 2025 -636 / April–June 2026 1,253 / Change 1,889 / Consolidated unit sales April-June 2025 794 / April–June 2026 792 / Year on year against the same period last year 99.8% / Europe Operating profit April-June 2025 974 / April–June 2026 1,132 / Change 158 / Consolidated unit sales April-June 2025 298 / April–June 2026 307 / Year on year against the same period last year 103.0% / Asia Operating profit April-June 2025 2,207 / April–June 2026 2,095 / Change -112 / Consolidated unit sales April-June 2025 421 / April–June 2026 439 / Year on year against the same period last year 104.3% / Other regions Operating profit April-June 2025 984 / April–June 2026 1,010 / Change 25 / Consolidated unit sales April-June 2025 417 / April–June 2026 332 / Year on year against the same period last year 79.6%
Breakdown of Factors Affecting the ChangeYear-on-year change in first-quarter operating income Impact of Foreign-Exchange Movements 3,450 / Cost improvement efforts -850 / Sales and marketing efforts 700 / Changes in miscellaneous expenses and cost reduction efforts -1,900 / Other -2,426 / Change from the previous full-year operating income forecast Impact of Foreign-Exchange Movements 4,800 / Cost improvement efforts -1,200 / Sales and marketing efforts 2,300 / Changes in miscellaneous expenses and cost reduction efforts -500 / Other -1,400
Key KPIsIndicator name Consolidated unit sales / Value 2,395 thousand units / Year on year against the same period last year Not disclosed, Indicator name Toyota and Lexus retail vehicle sales / Value 2,552 thousand units / Year on year against the same period last year 96.5%, Indicator name Electrified vehicle unit sales / Value 1,410 thousand units / Year on year against the same period last year 112.4%, Indicator name Electrified vehicle ratio / Value 55.3 % / Year on year against the same period last year Not disclosed, Indicator name HEV sales / Value 1,238 thousand units / Year on year against the same period last year 106.7%, Indicator name PHEV sales / Value 58 thousand units / Year on year against the same period last year 124.5%, Indicator name BEV sales / Value 114 thousand units / Year on year against the same period last year 241.1%, Indicator name Total group unit sales / Value 2,714 thousand units / Year on year against the same period last year 95.9%
Assumptions Underlying the Business OutlookU.S. dollar exchange rate Previous meeting ¥150 / Current ¥160 / Euro exchange rate Previous meeting ¥180 / Current ¥181
Annual DividendAnnual dividend per share ¥100 / Interim and Year-End Breakdown Not disclosed
Acquisition of treasury sharesBuyback limit ¥10,000 100 million / Method of acquisition Market purchases / Period Not disclosed / Treasury Share Cancellation 20,000 10,000 shares
Capital expenditures¥23,000 100 million (FY2027 outlook)
New initiativesExpanding HEV production capacity and HEV battery production, Increasing Tacoma production at the Texas plant in the United States (operations to begin in 2030, annual capacity of 150,000 vehicles), Establishing a fourth plant in India (operations to begin in 2029, annual capacity of 100,000 vehicles), Supplying the Land Cruiser FJ and Noah/Voxy to Japan from overseas facilities, Establishing a ¥1 trillion share repurchase authorization and cancelling 200 million treasury shares
Items this document does not state (15)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout 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.

In the first quarter, profit was maintained at approximately the same level as in the prior-year period, supported by foreign exchange effects, cost improvements, expanded value-chain earnings, and higher HEV sales. The upward revision to the full-year forecast reflects changes in the external environment, including foreign exchange assumptions, as well as operating efforts such as establishing alternative logistics routes to 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 First Quarter Financial Results for the Fiscal Year Ending March 2027 | TOYOTA MOTOR CORPORATION (7203) timely disclosure | Komori