Click to enlarge.
Toyota Motor today in Tokyo (NYSE: TM, 7203T) posted a FY Q2 profit drop of ~¥1.28 trillion yen year-over-year at ~¥573.7 billion. Toyota sold 2.3 million vehicles globally, compared to 2.4 million YOY. Quarterly sales revenue rose a tad ~¥11.44 trillion (~$75 billion) from ¥ 11.43 trillion. Nonetheless, Toyota re-affirmed its full fiscal year 2025 profit forecast of ¥3.57 trillion (~$23 billion), down from ~¥4.94 trillion fiscal year 2024. Simply put Toyota’s certification problems and plant shut downs clobbered earnings.*
“This fiscal year, while maintaining our ability to earn 5 trillion yen, we are strengthening and accelerating our investment in people, including suppliers and dealers, and investment in growth areas. We are taking such measures a step higher, expanding total investments to ~¥830 billion,” said Toyota Chief Financial Officer Yoichi Miyazaki.
“We further plan to recover from the impact of the decrease in production volume in the first half of the fiscal year and the temporary negative factors related to HINO MOTORS by improvement efforts, through activities to strengthen our work foundation,” Miyazaki said.
Toyota Motor FY2025 First Half Operating Results
- Sales revenues: 23,282.4 billion yen (an increase of ¥1,300.8 billion or 5.9% compared with FY2024 first half).
- Operating income: ¥2,464.2 billion (a decrease of ¥95.0 billion or 3.7% compared with FY2024 first half).
- Income before income taxes: ¥2,732.0 billion (a decrease of ¥789.4 billion)or 22.4% compared with FY2024 first half).
- Net income attributable to Toyota Motor Corporation: ¥1,907.1 billion (a decrease of ¥682.3 billion or 26.4% compared with FY2024 first half).
Changes in Operating Income
- Effects of marketing activities – a decrease of ¥70.0 billion.
- Effects of changes in exchange rates – an increase of ¥610.0 billion.
- Cost reduction efforts – an increase of ¥90.0 billion.
*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 FY2025 Q2 Earnings Down Significantly
Click to enlarge.
Toyota Motor today in Tokyo (NYSE: TM, 7203T) posted a FY Q2 profit drop of ~¥1.28 trillion yen year-over-year at ~¥573.7 billion. Toyota sold 2.3 million vehicles globally, compared to 2.4 million YOY. Quarterly sales revenue rose a tad ~¥11.44 trillion (~$75 billion) from ¥ 11.43 trillion. Nonetheless, Toyota re-affirmed its full fiscal year 2025 profit forecast of ¥3.57 trillion (~$23 billion), down from ~¥4.94 trillion fiscal year 2024. Simply put Toyota’s certification problems and plant shut downs clobbered earnings.*
“This fiscal year, while maintaining our ability to earn 5 trillion yen, we are strengthening and accelerating our investment in people, including suppliers and dealers, and investment in growth areas. We are taking such measures a step higher, expanding total investments to ~¥830 billion,” said Toyota Chief Financial Officer Yoichi Miyazaki.
“We further plan to recover from the impact of the decrease in production volume in the first half of the fiscal year and the temporary negative factors related to HINO MOTORS by improvement efforts, through activities to strengthen our work foundation,” Miyazaki said.
Toyota Motor FY2025 First Half Operating Results
Changes in Operating Income
*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.