Toyota Annual Results Show Profitability Struggle Goes On

Toyota Annual Sales FY 2022 ending 31 March 22

Ken Zino of AutoInformed.com on Toyota Annual Results Show Profitability Struggle Goes On

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Akio Toyoda said consolidated vehicle sales for the period was at 8.230 million units, which was 107.6% of consolidated vehicle sales for the same period of the previous 2021 fiscal year. Toyota and Lexus brand vehicle sales was at 9,512,000 thousand units, was 104.7% of such sales for the same period of the previous fiscal year. Of note, the ratio of electrified vehicles was 28.4%. The year-end dividend will be 28 yen per share. Thus, Toyota finds itself pretty much in the same place as all other major automakers

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