Toyota Motor Corporation (TMC) Announces April – September 2015 Financial Results
November 5, 2015 by ToyotaNovember 05, 2015 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)
Trending News• PVGP Welcomes The Historic Stock Car Racing Association To 2024 Historics At Pitt Race
• Bonhams|Cars Presents An Unmissable Grid For Its Inaugural Miami Auction At The Formula 1 Crypto.Com Miami Grand Prix
• Carlisle Auctions Concludes First Auction of 2024 – Sells More than 50% of Consignments
• RM Sotheby's Announces Further Incredible Competiton And Rally Greats Coming To Monaco On 10 And 11 May
• BONHAMS|CARS SPRING STAFFORD MOTORCYCLE SALE ACHIEVES £3 MILLION WITH AN INDUSTRY-LEADING 95% SELL THROUGH 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) (*all currency translations above are approximate and based on a projected 118-yen-to-dollar exchange rate)
