Click to enlarge.
Toyota Motor Corporation (NYSE: TM, 7203T) today posted a FY2026 [1 April 2025 – 31 March 2026] Net Income of $24.61B or a drop of -19% compared to FY 2025.
“I view our 17 years under then-President Toyoda and then-President Sato as a period during which we, guided by the motto “Let’s make ever-better cars”, adopted product-and region-centered management and established our foundation as a global, full-lineup automobile manufacturer,” said Kenta Kon TMC president. “As a result, we can now aim for both carbon neutrality and freedom of movement for all. I will increase the number of people who can build ever-better cars. I believe that doing so is the engine for Toyota’s sustainable growth and my mission,” Kon said.
TMC Consolidated Financial Results for FY2026 – 1 April 2025 – 31 March 2026
“Under the task of ‘make ever-better cars,’ Toyota has worked on “product-centered and region-centered management” for many years, and through this approach, we have built a full product lineup and a global business foundation. Leveraging these foundations, during FY2026, we continued strengthening the ‘work foundation’ beginning with ensuring safety and quality, while striving to deliver better cars to customers around the world. In addition, in order to fulfill our mission of ‘producing happiness for all’ through the offering of a diverse range of mobility options, we have advanced various technological developments and infrastructure-building initiatives aimed at transforming into a mobility company, under the Toyota Mobility Concept.
“Under these conditions, global consolidated vehicle unit sales increased by 232,000 units, or 2.5%, to 9,595,000 units in FY2026 compared with FY2025. Vehicle unit sales in Japan increased by 91,000 units, or 4.6%, to 2,082,000 units in FY2026 compared with FY2025. Overseas vehicle unit sales increased by 142,000, or 1.9%, to 7,513,000 units in FY2026 compared with FY2025,” TMC said.
The results of operations for FY2026
- Sales revenues ¥50,684.9 billion (an increase of ¥2,648.2 billion or 5.5% compared with FY2025).
- Operating income ¥3,766.2 billion (a decrease of ¥1,029.3 billion or 21.5% compared with FY2025).
- Income before income taxes ¥5,152.9 billion (a decrease of ¥1,261.5 billion or 19.7% compared with FY2025).
- Net income attributable to Toyota Motor Corporation ¥3,848.0 billion (a decrease of ¥916.9 billion or 19.2% compared with FY2025).[ ¥3,848.0 billion = $24.61 billion Using a JPY to USD exchange rate of ~0.006 or 151 Yen to $1 – AutoCrat]
Changes in Operating Income
- Marketing efforts an increase of ¥710.0 billion.
- Effects of changes in exchange rates a decrease of ¥195.0 billion.
- Cost reduction efforts a decrease of ¥120.0 billion.
- Increase or decrease in expenses and expense reduction efforts a decrease of ¥2,030.0 billion.
- Other an increase of ¥605.7 billion.
Segment Operating Results
(1) Automotive: Sales revenues for the automotive operations segment increased by ¥2,217.8 billion, or 5.1%, to ¥45,417.7 billion in FY2026 compared with FY2025. However, operating income decreased by ¥1,163.2 billion, or 29.5%, to ¥2,777.0 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the increase in expenses.
(2) Financial services: Sales revenues for the financial services operations segment increased by ¥375.9 billion, or 8.4%, to ¥4,857.1 billion in FY2026 compared with FY2025, and operating income increased by ¥168.2 billion yen, or 24.6%, to ¥851.7 billion in FY2026 compared with FY2025. The increase in operating income was mainly due to increase in valuation gains on interest rate swaps in sales finance subsidiaries in the United States.
(3) All other: Sales revenues for all other businesses increased by ¥204.2 billion, or 14.1%, to ¥1,651.4 billion in FY2026 compared with FY2025. However, operating income decreased by ¥49.1 billion, or 27.1%, to ¥132.0 billion in FY2026 compared with FY2025.
Geographic Information and Performance
(1) Japan: Sales revenues in Japan increased by ¥215.0 billion, or 1.0%, to ¥22,074.1 billion in FY2026 compared with FY2025. However, operating income decreased by ¥830.0 billion yen, or 26.3%, to ¥2,321.0 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the increase in expenses and others.
(2) North America: Sales revenues in North America increased by ¥1,779.3 billion, or 9.2%, to ¥21,079.6 billion in FY2026 compared with FY2025. However, operating income decreased by ¥301.3 billion to an operating loss of ¥192.5 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the increase in expenses and others.
(3) Europe: Sales revenues in Europe increased by ¥387.7 billion, or 6.1%, to ¥6,701.1 billion yen in FY2026 compared with FY2025. However, operating income decreased by ¥57.8 billion, or 13.9%, to ¥357.7 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the effects of changes in exchange rates.
(4) Asia: Sales revenues in Asia increased by ¥283.3 billion, or 3.2%, to ¥9,271.3 billion in FY2026 compared with FY2025. However, operating income decreased by ¥26.6 billion, or 3.0%, to ¥869.8 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the effects of changes in exchange rates.
(5) Other (Central and South America, Oceania, Africa and the Middle East): Sales revenues in other regions increased by ¥237.7 billion, or 5.3%, to ¥4,758.9 billion in FY2026 compared with FY2025, and operating income increased by ¥76.3 billion, or 30.2%, to ¥328.9 billion in FY2026 compared with FY2025. The increase in operating income was mainly due to marketing efforts,”
*AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Toyota Motor FY2026 Net Income at $24.61B Drops 19%
Click to enlarge.
Toyota Motor Corporation (NYSE: TM, 7203T) today posted a FY2026 [1 April 2025 – 31 March 2026] Net Income of $24.61B or a drop of -19% compared to FY 2025.
“I view our 17 years under then-President Toyoda and then-President Sato as a period during which we, guided by the motto “Let’s make ever-better cars”, adopted product-and region-centered management and established our foundation as a global, full-lineup automobile manufacturer,” said Kenta Kon TMC president. “As a result, we can now aim for both carbon neutrality and freedom of movement for all. I will increase the number of people who can build ever-better cars. I believe that doing so is the engine for Toyota’s sustainable growth and my mission,” Kon said.
TMC Consolidated Financial Results for FY2026 – 1 April 2025 – 31 March 2026
“Under the task of ‘make ever-better cars,’ Toyota has worked on “product-centered and region-centered management” for many years, and through this approach, we have built a full product lineup and a global business foundation. Leveraging these foundations, during FY2026, we continued strengthening the ‘work foundation’ beginning with ensuring safety and quality, while striving to deliver better cars to customers around the world. In addition, in order to fulfill our mission of ‘producing happiness for all’ through the offering of a diverse range of mobility options, we have advanced various technological developments and infrastructure-building initiatives aimed at transforming into a mobility company, under the Toyota Mobility Concept.
“Under these conditions, global consolidated vehicle unit sales increased by 232,000 units, or 2.5%, to 9,595,000 units in FY2026 compared with FY2025. Vehicle unit sales in Japan increased by 91,000 units, or 4.6%, to 2,082,000 units in FY2026 compared with FY2025. Overseas vehicle unit sales increased by 142,000, or 1.9%, to 7,513,000 units in FY2026 compared with FY2025,” TMC said.
The results of operations for FY2026
Changes in Operating Income
Segment Operating Results
(1) Automotive: Sales revenues for the automotive operations segment increased by ¥2,217.8 billion, or 5.1%, to ¥45,417.7 billion in FY2026 compared with FY2025. However, operating income decreased by ¥1,163.2 billion, or 29.5%, to ¥2,777.0 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the increase in expenses.
(2) Financial services: Sales revenues for the financial services operations segment increased by ¥375.9 billion, or 8.4%, to ¥4,857.1 billion in FY2026 compared with FY2025, and operating income increased by ¥168.2 billion yen, or 24.6%, to ¥851.7 billion in FY2026 compared with FY2025. The increase in operating income was mainly due to increase in valuation gains on interest rate swaps in sales finance subsidiaries in the United States.
(3) All other: Sales revenues for all other businesses increased by ¥204.2 billion, or 14.1%, to ¥1,651.4 billion in FY2026 compared with FY2025. However, operating income decreased by ¥49.1 billion, or 27.1%, to ¥132.0 billion in FY2026 compared with FY2025.
Geographic Information and Performance
(1) Japan: Sales revenues in Japan increased by ¥215.0 billion, or 1.0%, to ¥22,074.1 billion in FY2026 compared with FY2025. However, operating income decreased by ¥830.0 billion yen, or 26.3%, to ¥2,321.0 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the increase in expenses and others.
(2) North America: Sales revenues in North America increased by ¥1,779.3 billion, or 9.2%, to ¥21,079.6 billion in FY2026 compared with FY2025. However, operating income decreased by ¥301.3 billion to an operating loss of ¥192.5 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the increase in expenses and others.
(3) Europe: Sales revenues in Europe increased by ¥387.7 billion, or 6.1%, to ¥6,701.1 billion yen in FY2026 compared with FY2025. However, operating income decreased by ¥57.8 billion, or 13.9%, to ¥357.7 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the effects of changes in exchange rates.
(4) Asia: Sales revenues in Asia increased by ¥283.3 billion, or 3.2%, to ¥9,271.3 billion in FY2026 compared with FY2025. However, operating income decreased by ¥26.6 billion, or 3.0%, to ¥869.8 billion in FY2026 compared with FY2025. The decrease in operating income was mainly due to the effects of changes in exchange rates.
(5) Other (Central and South America, Oceania, Africa and the Middle East): Sales revenues in other regions increased by ¥237.7 billion, or 5.3%, to ¥4,758.9 billion in FY2026 compared with FY2025, and operating income increased by ¥76.3 billion, or 30.2%, to ¥328.9 billion in FY2026 compared with FY2025. The increase in operating income was mainly due to marketing efforts,”
*AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.