TOYOTA MOTOR CORPORATION (TMC) ANNOUNCES APRIL – DECEMBER 2015 FINANCIAL RESULTS

February 5, 2016 by Toyota

2016 fiscal year.

Global Financial Highlights:

◾Global sales of 6,492,784 vehicles decreased by 246,374 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 21.4313 trillion yen (*$175.666 billion), up 6.5 percent.

◾Operating income increased to 2.3056 trillion yen ($18.898 billion), up 9.0 percent.

◾Net income jumped to 1.8860 trillion yen ($15.459 billion), a 9.2 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 33,032 vehicles to 2,140,655 units.

◾Operating income (excluding valuation gains/losses from interest-rate swaps) decreased to 427.6 billion yen (*$3.505 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): ◾Consolidated net revenue is 27.5 trillion yen (*$229.167 billion)

◾Operating income is 2.8 trillion yen ($23.333 billion)


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◾Net income is 2.27 trillion yen ($18.917 billion)

(*all currency translations above are approximate and based on a projected 120-yen-to-dollar exchange rate)

posted on conceptcarz.com

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