Financial Performance - FY2024 sales revenues reached 45,095,325 million yen, a 21.4% increase from FY2023[6] - Operating income for FY2024 was 5,352,934 million yen, up 96.4% compared to FY2023[6] - Net income attributable to Toyota Motor Corporation in FY2024 was 4,944,933 million yen, a 101.7% increase from FY2023[6] - Forecasted sales revenues for FY2025 are 46,000,000 million yen, a 2.0% increase from FY2024[10] - Forecasted operating income for FY2025 is 4,300,000 million yen, a 19.7% decrease from FY2024[10] - Net income attributable to Toyota Motor Corporation for FY2025 is forecasted at 3,570,000 million yen, a 27.8% decrease from FY2024[10] - Sales revenues increased by 7,941.0 billion yen (21.4%) to 45,095.3 billion yen in FY2024, with operating income rising by 2,627.9 billion yen (96.4%) to 5,352.9 billion yen[21] - Consolidated sales revenues grew from 37,154,298 million yen in FY2023 to 45,095,325 million yen in FY2024, a 21.4% increase[67][68] - Operating income expanded from 2,725,025 million yen in FY2023 to 5,352,934 million yen in FY2024, a 96.4% rise[67][68] - FY2024 consolidated sales revenues reached 45,095.3 billion yen, with a forecast of 46,000.0 billion yen for FY2025[79] - Operating income for FY2024 was 5,352.9 billion yen, with a forecast of 4,300.0 billion yen for FY2025[79] - Net income attributable to Toyota Motor Corporation for FY2024 was 4,944.9 billion yen, with a forecast of 3,570.0 billion yen for FY2025[79] Assets and Liabilities - Total assets for FY2024 were 90,114,296 million yen, up from 74,303,180 million yen in FY2023[6] - Cash and cash equivalents at the end of FY2024 were 9,412,060 million yen, compared to 7,516,966 million yen in FY2023[7] - Total shareholders' equity for FY2024 was 35,239,338 million yen, up from 29,264,213 million yen in FY2023[6] - Total assets increased from 74,303,180 million yen to 90,114,296 million yen, a growth of 21.3%[39] - Cash and cash equivalents increased from 7,516,966 million yen to 9,412,060 million yen, up by 25.2%[39] - Total current liabilities rose from 23,959,715 million yen to 29,177,909 million yen, an increase of 21.8%[40] - Retained earnings grew from 28,343,296 million yen to 32,795,365 million yen, up by 15.7%[40] - Total shareholders' equity increased from 29,264,213 million yen to 35,239,338 million yen, a growth of 20.4%[40] - Total assets increased from 74,303,180 million yen in 2023 to 90,114,296 million yen in 2024, reflecting a growth of 21.3%[58] - Total liabilities increased from 45,038,967 million yen in 2023 to 54,874,958 million yen in 2024, a 21.8% rise[59] - Shareholders' equity rose from 29,264,213 million yen in 2023 to 35,239,338 million yen in 2024, up 20.4%[59] - Total assets for FY2024 amounted to 90,114.2 billion yen[80] Segment Performance - Automotive operations sales revenues increased by 7,446.2 billion yen (22.0%) to 41,266.2 billion yen, with operating income rising by 2,440.8 billion yen (111.9%) to 4,621.4 billion yen[22] - Financial services sales revenues increased by 674.5 billion yen (24.0%) to 3,484.1 billion yen, with operating income rising by 132.5 billion yen (30.3%) to 570.0 billion yen[23] - North America sales revenues increased by 4,099.1 billion yen (29.6%) to 17,943.0 billion yen, with operating income rising by 581.0 billion yen to 506.3 billion yen[26] - Europe sales revenues increased by 1,408.0 billion yen (32.9%) to 5,681.7 billion yen, with operating income rising by 330.6 billion yen (575.4%) to 388.0 billion yen[27] - Operating income for the Financial Services segment grew to 570,023 million yen in FY2024, compared to 437,516 million yen in FY2023[54][55] - Total assets for the Financial Services segment increased to 43,834,183 million yen in FY2024, up from 35,525,441 million yen in FY2023[54][55] - Revenues from external customers in the Automotive segment rose to 41,080,731 million yen in FY2024, compared to 33,776,870 million yen in FY2023[54][55] - Depreciation and amortization expenses for the Automotive segment increased to 1,268,479 million yen in FY2024, up from 1,205,687 million yen in FY2023[54][55] - Automotive segment sales revenues for FY2024 were 41,266.2 billion yen, with operating income of 4,621.4 billion yen[79] - North America sales revenues for FY2024 were 17,943.0 billion yen, with operating income of 506.3 billion yen[79] - Europe sales revenues for FY2024 were 5,681.7 billion yen, with operating income of 388.0 billion yen[79] - Asia (excluding Japan) sales revenues for FY2024 were 8,730.7 billion yen, with operating income of 865.5 billion yen[79] Cash Flow and Dividends - Annual cash dividends per common share for FY2024 increased to 75.00 yen, up from 60.00 yen in FY2023[8] - Cash and cash equivalents increased by 1,895.0 billion yen (25.2%) to 9,412.0 billion yen at the end of FY2024[30] - Net cash provided by operating activities rose to 4,206,373 million yen in FY2024, compared to 2,955,076 million yen in FY2023[50] - Dividends paid to Toyota Motor Corporation common shareholders increased to 880,197 million yen in FY2024, up from 727,980 million yen in FY2023[50] - Cash dividends for FY2024 totaled 1,011.7 billion yen, with a payout ratio of 20.4%[79] - Value of shares repurchased for FY2024 was 231.0 billion yen, with an additional 1,099.9 billion yen for shareholder return[79] Vehicle Sales and Production - Consolidated vehicle unit sales increased by 621 thousand units (7.0%) to 9,443 thousand units in FY2024, with overseas sales rising by 697 thousand units (10.3%) to 7,450 thousand units[20] - Vehicle production for Toyota in FY2024 reached 9,263 thousand units, up from 8,694 thousand units in FY2023[78] - Vehicle sales for Toyota in FY2024 totaled 9,443 thousand units, with a forecast of 9,500 thousand units for FY2025[78] - Toyota's North America vehicle sales increased to 2,816 thousand units in FY2024, up from 2,407 thousand units in FY2023[78] - Toyota's Europe vehicle sales rose to 1,192 thousand units in FY2024, compared to 1,030 thousand units in the previous year[78] - Toyota's Asia vehicle sales grew to 1,804 thousand units in FY2024, with a forecast of 1,940 thousand units for FY2025[78] - Toyota's total retail unit sales for FY2024 reached 11,090 thousand units, with a forecast of 10,950 thousand units for FY2025[78] Investments and Expenditures - Capital expenditures for the Automotive segment increased to 2,011,361 million yen in FY2024, up from 1,688,114 million yen in FY2023[54][55] - R&D expenses for FY2024 totaled 1,202.3 billion yen, with a forecast of 1,300.0 billion yen for FY2025[80] - Depreciation expenses for FY2024 were 1,248.4 billion yen, projected to increase to 1,380.0 billion yen in FY2025[80] - Capital expenditures for FY2024 reached 2,010.8 billion yen, with an expected rise to 2,150.0 billion yen in FY2025[80] - Additions to public and corporate bonds and stocks surged from 503,977 million yen in FY2023 to 2,639,166 million yen in FY2024, a 423.7% jump[63] Shareholder Information - Earnings per share increased from 179.47 yen to 365.94 yen, a growth of 103.9%[43] - Comprehensive income surged from 3,320,681 million yen to 7,188,523 million yen, up by 116.5%[45] - Toyota's shareholders' equity per share increased to ¥2,539.75 as of March 31, 2024, from ¥2,089.08 in the previous year[71] - Toyota plans to repurchase up to 410,000,000 common shares with a maximum total purchase price of ¥1,000,000 million between May 9, 2024, and April 30, 2025[74] Regional Performance - North America sales revenues rose from 13,843,901 million yen in FY2023 to 17,943,072 million yen in FY2024, a 29.6% increase[67][68] - Asia operating income grew from 714,451 million yen in FY2023 to 865,591 million yen in FY2024, a 21.2% rise[67][68] Other Financial Metrics - Net income rose from 2,492,967 million yen to 5,071,421 million yen, a significant increase of 103.5%[43] - Sales revenues grew from 37,154,298 million yen to 45,095,325 million yen, up by 21.4%[43] - Operating income doubled from 2,725,025 million yen to 5,352,934 million yen, an increase of 96.4%[43] - Net income for the year ended March 31, 2024, was 5,071,421 million yen, a significant increase from 2,492,967 million yen in the previous year[50] - Total shareholders' equity increased to 35,239,338 million yen as of March 31, 2024, up from 29,264,213 million yen the previous year[48] - Net income for non-financial services businesses rose from 2,188,893 million yen in 2023 to 4,657,913 million yen in 2024, a 112.7% increase[61] - Financial services business net income grew from 297,600 million yen in 2023 to 420,000 million yen in 2024, up 41.1%[61] - Consolidated net income increased from 2,492,967 million yen in 2023 to 5,071,421 million yen in 2024, a 103.5% rise[61] - Current assets for non-financial services businesses grew from 14,996,926 million yen in 2023 to 19,936,887 million yen in 2024, up 32.9%[58] - Sales revenues for non-financial services businesses increased from 34,409,011 million yen in 2023 to 41,832,663 million yen in 2024, a 21.6% growth[61] - Operating income for non-financial services businesses surged from 2,285,980 million yen in 2023 to 4,791,453 million yen in 2024, up 109.6%[61] - Financial services business operating income grew from 437,516 million yen in 2023 to 570,023 million yen in 2024, a 30.3% increase[61] - Net income increased from 2,188,893 million yen in FY2023 to 4,657,913 million yen in FY2024, representing a 112.8% growth[63] - Net cash provided by operating activities rose from 3,682,203 million yen in FY2023 to 6,970,082 million yen in FY2024, an 89.3% increase[63] - Toyota's net income for the year ended March 31, 2024, increased to ¥4,944,933 million, up from ¥2,451,318 million in the previous year[70] - Basic and diluted earnings per share for Toyota rose to ¥365.94 in FY2024, compared to ¥179.47 in FY2023[70] - Return on Equity (ROE) for FY2024 was 15.8%, while Return on Assets (ROA) was 6.0%[80] - Marketing efforts contributed 2,000.0 billion yen to consolidated net income for FY2024[80] - Effects of changes in exchange rates added 685.0 billion yen to consolidated net income for FY2024[80] - Cost reduction efforts contributed 120.0 billion yen to consolidated net income for FY2024[80] - The number of consolidated subsidiaries increased from 569 in FY2023 to 577 in FY2024[80]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Toyota Motor Corporation (TM) .Toyota Motor currently has an average broke ...

Toyota Motor Corporation (TM) is slated to release fourth-quarter fiscal 2024 results on May 8, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $2.91 per share and $67.21 billion, respectively.For the fiscal fourth quarter, the consensus estimate for TM’s earnings per share has moved down by 58 cents in the past 90 days. Its bottom-line estimates imply a decline of 5.21% from the year-ago reported number.The Zacks Consensus Estimate fo ...

Research project seeks to utilize a new process for recovering critical battery materialsProcess can be used on end-of-life automotive batteries as well as manufacturing scrapANN ARBOR, Mich., April 30, 2024 /PRNewswire/ -- Toyota Motor North America ('Toyota') announces that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy's Argonne National Laboratory to investigate the development of a direct recycling process for lithium-ion batteries, which are ...

CARSON, Calif., April 30, 2024 /PRNewswire/ -- California State University, Dominguez Hills (CSUDH) and Toyota Motor North America (TMNA) today launched a multipronged program focused on transportation equity for the university and its surrounding communities based on the idea of "Mobility for All."  CSU Dominguez Hills and Toyota Join Forces to Improve Mobility for Underserved Communities "Knowledge is a catalyst for progress, and collaboration with industry partners is essential for advancing academic ...

Good news – you don’t have to dump your Tesla (NASDAQ:TSLA) stock and other electric vehicle stocks to be prepared for what’s coming. Electric cars are crucial, but hybrid electric vehicles are also gaining traction. Toyota Motor (NYSE:TM) is among the vanguard, so you’ll definitely want to add some Toyota stock to your holdings.If you’re not aware of this ongoing shift in the EV market, it’s time to make some changes to your investment strategy. Here’s an eye-opening prediction: JPMorgan analyst Akira Kish ...

$1.4 billion investment in Indiana plant brings production of an all-new BEVToyota adds up to 340 new, sustainable U.S. jobsPRINCETON, Ind., April 25, 2024 /PRNewswire/ -- Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota's commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 ...

Toyota Motor Corporation (TM) closed the latest trading day at $232.88, indicating a +1.07% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%.Shares of the company witnessed a loss of 9.19% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 10.7% and underperforming the S&P 500's loss of 3.01%.Investors ...

Partnership includes extension of NASCAR CRAFTSMAN Truck Series Toyota 200 Truck Series Entitlement MADISON, Ill., April 24, 2024 /PRNewswire/ -- Toyota cars and trucks will lead the fields at the upcoming NASCAR race weekend at World Wide Technology Raceway (WWTR), signaling the first-ever automotive manufacturer partnership for the 700-acre multi-purpose racing facility. WWTR also announced that Toyota has renewed their race entitlement for the NASCAR CRAFTSMAN Truck Series Toyota 200, scheduled for June ...

Toyota Motor Corporation (TM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -8.8%, compared to the Zacks S&P 500 composite's -4.2% change. During this period, the Zacks Automotive - Foreign industry, which Toyota Motor falls in, has lost 11.4%. The key question now is: What could be the stock's future direction?Although ...