Toyota Posts FY2024 Q2 Net Income of $18.4 Billion

Toyota FY2024 First Half Consolidated Vehicle Sales – courtesy of Toyota – 1 November 2023

Ken Zino of AutoInformed.com on Toyota Posts FY2024 Q2 Net Income of $18.4 Billion

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Regions

North America: Vehicle sales totaled ~1,385,000 units, an increase of 140,000 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 299.5 billion yen ($2.1 billion) to 362.5 billion yen ($2.5 billion).

Japan: Vehicle sales totaled ~1,072,000 units, an increase of 203,000 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 725.1 billion yen ($5.1 billion) to 1.584 trillion yen ($11.2 billion).

Europe: Vehicle sales totaled ~557,000 units, an increase of 78,000 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 245.8 billion yen ($1.7 billion) to 192.2 billion yen ($1.3 billion).

Asia: Vehicle sales totaled ~895,000 units, an increase of 78,000 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 30.2 billion yen ($214 million) to 411.4 billion yen ($2.9 billion).

Other regions (including Central and South America, Oceania, Africa, and the Middle East): Vehicle sales totaled ~835,000 units, an increase of 86,000 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 55.7 billion yen ($395 million) to 186.5 billion yen ($1.3 billion).

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