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Consumer Durables

Toyota Motor Corp.

Business Summary

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories. It is also involved in the development of intelligent transport systems. The Financial Services segment offers purchase or lease financing to Toyota vehicle dealers and customers. It also provides retail leasing through lease contracts purchased by dealers. The All Others segment deals with the design, manufacture, and sale of housing, telecommunications and other businesses. The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit6,313.01B46,584.52M
Operating income2,725.02B20,108.30M
Income before tax3,025.67B22,326.79M
Net income2,451.31B18,088.56M
Diluted EPS179.471.32
Dividends Per Share600.44
Total Assets74,303.18B558,292.74M
Total liabilities45,038.96B338,409.83M
Total equity28,338.70B212,928.89M
Operating cash flow2,955.07B21,805.86M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 30,224.43B 29,866.54B 27,214.59B 31,379.50B 37,154.29B
Gross Profit 5,426.43B 5,381.19B 4,832.37B 5,971.67B 6,313.01B
Operating income 2,450.08B 2,399.23B 2,197.74B 2,995.69B 2,725.02B
Income before tax 2,285.46B 2,482.69B 2,581.32B 3,430.18B 3,025.67B
Net income 1,882.87B 2,036.14B 2,245.26B 2,850.11B 2,451.31B
EBITDA 4,242.46B 3,994.57B 3,842.03B 4,817.57B 4,764.93B
Diluted EPS 129.02 144.01 158.93 205.22 179.47
Dividends Per Share 44 44 48 52 60
Total Assets 51,936.94B 53,972.36B 62,267.14B 67,688.77B 74,303.18B
Total liabilities 31,371.73B 32,633.35B 37,978.81B 40,533.95B 45,038.96B
Total equity 19,846.22B 20,618.88B 23,404.54B 26,245.96B 28,338.70B
Operating cash flow 3,766.59B 2,398.49B 2,727.16B 3,722.61B 2,955.07B
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 272,550.87M 274,696.10M 256,602.46M 279,244.99M 274,166.13M
Gross Profit 48,933.25M 49,493.28M 45,563.75M 53,141.68M 46,584.52M
Operating income 22,093.81M 22,066.80M 20,722.25M 26,658.58M 20,108.30M
Income before tax 20,609.33M 22,834.46M 24,338.93M 30,525.08M 22,326.79M
Net income 16,978.93M 18,727.29M 21,170.23M 25,363.01M 18,088.56M
EBITDA 38,256.67M 36,739.93M 36,226.02M 42,871.41M 35,161.00M
Diluted EPS 1.16 1.32 1.49 1.82 1.32
Dividends Per Share 0.39 0.40 0.45 0.46 0.44
Total Assets 469,232.08M 499,952.40M 563,503.55M 557,683.00M 558,292.74M
Total liabilities 283,432.63M 302,286.60M 343,699.65M 333,956.35M 338,409.83M
Total equity 179,303.66M 190,995.20M 211,805.86M 216,238.68M 212,928.89M
Operating cash flow 33,965.53M 22,060.04M 25,714.01M 33,127.40M 21,805.86M

Valuation Measures

Mar 2023
Operating margin7.33%
Profit margin6.59%


  • President, Chief Executive Officer & Director: Koji Sato
  • CFO, Director, VP & Chief Competitive Officer: Yoichi Miyazaki
  • Chief Information & Security Officer: Keiji Yamamoto
  • Director, Chief Technology Officer & Executive VP: Hiroki Nakajima
  • Manager-Information Systems & IT Management: Seiji Sakai


  • Toyota Motor Corp. (17.1%)
  • Toyota Industries Corp. (7.3%)
  • Nippon Life Insurance Co. (3.8%)
  • DENSO Corp. (2.7%)
  • The Vanguard Group, Inc. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.3%)
  • MS&AD Insurance Group Holdings, Inc. (1.8%)
  • Tokio Marine Holdings, Inc. (1.5%)
  • BlackRock Fund Advisors (1.2%)
  • Mitsubishi UFJ Financial Group, Inc. (1.2%)

Contact Details

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Last Updated on 20 Sep, 2023

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