The FINANCIAL — Toyota’s global net income increased 12 percent during the six-month period (April – September 2015) of the 2016 fiscal year.
Global Financial Highlights:
Global sales of 4,278,007 vehicles decreased by 198,515 units compared to the same period last fiscal year. North America posted sales gains, while Europe, Asia and other regions declined.
Consolidated net revenues for the period totaled 14.09 trillion yen (*$115.5 billion), up 8.9 percent.
Operating income increased to 1.5834 trillion yen ($13.0 billion), up 17.1 percent.
Net income jumped to 1.2581 trillion yen ($10.3 billion), a 12 percent increase.
(all currency translations above are approximate and based on an average 122-yen-to-dollar exchange rate)
North America Financial Highlights:
Sales increased by 17,959 vehicles to 1,413,064 units.
Operating income (excluding valuation gains/losses from interest-rate swaps) decreased to 285.7 billion yen (*$2.34 billion).
(currency translations above are approximate and based on an average 122-yen-to-dollar exchange rate)
Fiscal Year Global Forecast (April 1, 2015 – March 31, 2016):
Global consolidated vehicle sales has been revised from 8.95 million to 8.75 million units due to the latest sales trends in each region.
Consolidated net revenue has been revised to 27.5 trillion yen (*$233.1 billion)
Operating income is 2.8 trillion yen ($23.7 billion)
Net income is 2.25 trillion yen ($19.1 billion)
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