Tag Archives: Yoichi Miyazaki

Toyota Motor FY2025 Q2 Earnings Down Significantly

Posted on 6 November 2024 by Ken Zino

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 yen,” said Toyota Chief Financial Officer Yoichi Miyazaki. Continue reading →

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New Toyota Motor President Koji Sato on Evolution

Posted on 13 February 2023 by Ken Zino

“The hallmark of our management as a team, like a soccer team, will be flexibility in changing formation. Underlying this are the concepts of having the right person in the right place and emphasizing roles over titles,” Sato said. Continue reading →

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