Toyota Announces April – December 2016 Financial Results

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The FINANCIAL — Toyota Motor Corporation (TMC) on February 6 announced its financial results for the nine-month period that ended Dec. 31, 2016.

Global Financial Highlights:

Global sales of 6,643,386 vehicles increased by 150,602 units compared to the same period last fiscal year. Japan, Europe, Asia and North America posted sales gains, while other regions declined.

Consolidated net revenues for the period totaled 20.1547 trillion yen ($188.361 billion), down 6.0 percent.

Operating income decreased to 1.5554 trillion yen ($14.536 billion), down 32.5 percent.

Net income decreased to 1.4327 trillion yen ($13.389 billion), a 24.0 percent decline.

Financial services operating income (excluding valuation gains/losses from interest-rate swaps) decreased to 210.7 billion yen ($1.969 billion).

North America Financial Highlights:

Sales increased by 4,361 vehicles to 2,145,016 units.

Operating income (excluding valuation gains/losses from interest-rate swaps) decreased to 398.1 billion yen ($3.720 billion).

Fiscal Year Global Forecast (April 1, 2016 – March 31, 2017): 

Global consolidated vehicle sales of 8.9 million.

Consolidated net revenue of 26.5 trillion yen ($247.663 billion)

Operating income of 1.85 trillion yen ($17.289 billion)

Net income of 1.7 trillion yen ($15.887 billion)

 

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