TOYOTA MOTOR, The Current Fiscal Year Net Income Revised Upward by 27%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Wed Feb 5, 2025 1:25 pm JST Earnings

7203 TOYOTA MOTOR CORPORATION 【IFRS】

Earnings Report

TOYOTA MOTOR CORPORATION <7203> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 5th (13:25). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 3.9% from the same period last year, reaching 4.1 trillion yen.

In addition, the full-year consolidated net income has been revised upward 26.6%, from the previous forecast of 3.57 trillion yen to 4.52 trillion yen (compared to 4.94 trillion yen in the previous period), and the declining rate is expected to decrease from 27.8% to 8.6%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (2H) is expected to increase 57.1%, from the previous forecast of 1.66 trillion yen to 2.61 trillion yen (compared to 2.35 trillion yen in the same period of the previous year), turning to a 10.9% increase in the consolidated net income outlook.

In the most recent three-month period, from October to December (3Q), the consolidated net income increased 61.5% from the same period last year, reaching 2.19 trillion yen. However, the operating profit margin decreased from 14.0% in the same period last year to 9.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	27,464,033	2,098,095	2,869,274	1,899,026	138.8	78.2	Feb 9, 2023	IFRS
Apr - Dec, 2023	34,022,720	4,240,238	5,357,065	3,947,242	291.9	76.9	Feb 6, 2024	IFRS
Apr - Dec, 2024	35,673,545	3,679,491	5,430,093	4,100,389	308.0	87.9	Feb 5, 2025	IFRS
YoY	+4.9%	-13.2%	+1.4%	+3.9%	+5.5%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	22,717,550	1,835,783	2,247,931	1,662,887	127.3	50	Nov 6, 2024	IFRS
Oct - Mar, 2024 New	23,717,550	2,235,783	3,447,931	2,612,887	200.0	50	Feb 5, 2025	IFRS
Revision Rate	+4.4%	+21.8%	+53.4%	+57.1%	+57.1%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	46,000,000	4,300,000	4,980,000	3,570,000	273.3	90	Nov 6, 2024	IFRS
Mar, 2025 New	47,000,000	4,700,000	6,180,000	4,520,000	346.0	90	Feb 5, 2025	IFRS
Revision Rate	+2.2%	+9.3%	+24.1%	+26.6%	+26.6%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	23,113,708	2,793,640	3,443,560	2,355,505	174.3	45	May 8, 2024	IFRS
Oct - Mar, 2024 Guidance	23,717,550	2,235,783	3,447,931	2,612,887	200.0	50	Feb 5, 2025	IFRS
YoY	+2.6%	-20.0%	+0.1%	+10.9%	+14.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	37,154,298	2,725,025	3,668,733	2,451,318	179.5	60	May 10, 2023	IFRS
Mar, 2024	45,095,325	5,352,934	6,965,085	4,944,933	365.9	75	May 8, 2024	IFRS
Mar, 2025 Guidance	47,000,000	4,700,000	6,180,000	4,520,000	346.0	90	Feb 5, 2025	IFRS
YoY	+4.2%	-12.2%	-11.3%	-8.6%	-5.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	12,041,103	1,680,944	1,835,540	1,357,814	100.4	14.0	Feb 6, 2024	IFRS
Jan - Mar, 2024	11,072,605	1,112,696	1,608,020	997,691	73.8	10.0	May 8, 2024	IFRS
Apr - Jun, 2024	11,837,879	1,308,462	1,872,258	1,333,347	99.0	11.1	Aug 1, 2024	IFRS
Jul - Sep, 2024	11,444,571	1,155,755	859,811	573,766	42.8	10.1	Nov 6, 2024	IFRS
Oct - Dec, 2024	12,391,095	1,215,274	2,698,024	2,193,276	164.7	9.8	Feb 5, 2025	IFRS
YoY	+2.9%	-27.7%	+47.0%	+61.5%	+64.1%