Toyota Motor Corporation (TMC) Announces April – September 2014 Financial Results
November 5, 2014 by ToyotaToyota's global net income jumped 12.6 percent during the first six months (April 1– September 30, 2014) of the 2015 fiscal year. Global Financial Highlights: •Global sales rose by 8,761 vehicles to 4.47 million, with strong sales in North America and gains in Europe and other regions, offsetting decreases in Japan and other parts of Asia •Consolidated net revenues rose to 12.94 trillion yen (*$125.6 billion), up 3.3 percent •Operating income increased to 1.3519 trillion yen ($13.1 billion), up 7.7 percent •and Net income jumped to 1.1268 trillion yen ($10.9 billion), a 12.6 percent increase (*all currency translations above are approximate and based on an average 103-yen-to-dollar exchange rate) North America Financial Highlights: •Sales increased 97,061 vehicles to 1.39 million •Operating income (excluding valuation gains/losses from interest-rate swaps) was 289.1 billion yen (*$2.8 billion).(*currency translations above are approximate and based on an average 103-yen-to-dollar exchange rate) Fiscal Year Global Forecast (April 1, 2014 – March 31, 2015) Has Been Revised:
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•Global consolidated vehicle sales decreased to 9.05 million •Consolidated net revenue increased to 26.5 trillion yen (*$254.8 billion)•Operating income increased to 2.5 trillion yen ($24 billion) •and net income increased to 2.0 trillion yen ($19.2 billion)
