Toyota Profit for Q3 Up 22%. YTD Down

Toyota Q3 Consolidated Vehicle Sales by Region Fiscal Year ending March 2023 – courtesy of Toyota

Ken Zino of AutoInformed.com on Toyota Profit for Q3 Up 22%. YTD Down

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Toyota said “we are striving to quickly evaluate alternative semiconductors and respond to design changes in order to secure stable procurement of semiconductors. We are also seeking to shorten the lead time by visualizing the process from order to delivery for each vehicle. We are absorbing the burden on our suppliers caused by the soaring materials and energy prices in order that activities to strengthen competitiveness are installed widely and deeply across the entire supply chain.”

During the first nine months from April to December 2022:

Consolidated vehicle sales for the period were 6,491,000 units, which was 106.5% of consolidated vehicle sales for the same period of the previous fiscal year.
Toyota and Lexus brand vehicle sales was at 7,210,000 units, which was 100.8% of such sales for the same period of the previous fiscal year.

Consolidated Financial Results

Sales revenue of ¥27 trillion 464 billion.
Operating income of ¥2 trillion 98 billion.
Income before income taxes of ¥2 trillion 869.2 billion.
and Quarterly net income of ¥1 trillion 899 billion.

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