Toyota Sold 200,000 More Vehicles Than This Time Last Year

Toyota Motor Corporation (TMC) today announced its financial results for the six-month period ended September 30, 2019.

Global

Consolidated vehicle sales for the six-month period ended September 30 totaled 4,638,565 units, an increase of 219,637 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period totaled $140.233 billion, an increase of 4.2 percent. Operating income increased from $11.576 billion to $12.883 billion, while income before income taxes1 was $14.526 billion. Net income increased from $11.397 billion to $11.696 billion.

Operating income increased by $1.306 billion. Major factors contributing to the increase included an increase of $1.697 billion in marketing efforts, partially offset by an increase in expenses of $1.100 billion.

Regions

• North America: Vehicle sales totaled 1,445,662 units, an increase of 34,416 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by $782.568 million to $2.042 billion.
• Japan: Vehicle sales totaled 1,139,947 units, an increase of 109,009 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 76.1 billion yen ($698.165 million) to 827.8 billion yen ($7.594 billion).
• Europe: Vehicle sales totaled 523,550 units, an increase of 30,956 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by $79.816 million to $647.706 million.
• Asia: Vehicle sales totaled 829,219 units, an increase of 18,096 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, decreased by 45.5 billion yen ($417.431 million) to 230.7 billion yen ($2.116 billion).
• Other regions (including Central and South America, Oceania, Africa, and the Middle East): Vehicle sales totaled 700,187 units, an increase of 27,160 units. Operating income, excluding the impact of valuation gains/losses from interest rate swaps, decreased by $151.376 million to $433.944 million.