Archive for the ‘Results Toyota’ category

Financial Results of Toyota Motor Corporation

April 4th, 2010

The Toyota Motor Corporation (TMC) today announced its third quarter financial results which ended 31 December 2009.

On a consolidated footing, the third quarter net revenues summed up to 5.3 trillion yen. This is a clear increase of 10.2% when compared to the same period during the last fiscal year. Operating income enhanced from a loss of 360.6 billion yen to 189.1 billion yen, and the company’s income before income taxes, equity in earnings of associated companies and minority interest was 224.9 billion yen. Net income augmented from a loss of 164.7 billion yen to 153.2 billion yen.

Total vehicle sales for the third quarter were 2.07 million units, which is an increase of 227 thousand units when compared to the same period last fiscal year.

Remarking on the results, TMC Senior Managing Director Takahiko Ijichi said, “As a result of customer appreciation of our strength in offering a wide range of environmentally friendly vehicles, especially gasoline-electric hybrids such as the ‘Prius’, the Lexus ‘HS250’ and the ‘Sai’, our consolidated vehicle sales for the third quarter reached 2 million 65 thousand units, up 227 thousand vehicles from the same period last year. With regard to our operating income by region, we achieved year-on-year improvement in all regions for the third quarter.”