Toyota Motor net income jumped 19.2 percentStaff writer ▼ | May 9, 2015
Toyota Motor Corporation (TMC) announced fiscal year 2015 financial results. Global net income jumped 19.2 percent during the 2015 fiscal year that ended March 31, 2015.
Toyota Motor Corporation Consolidated net revenues rose to $248 billion
Operating income increased to 2.7505 trillion yen ($25.1 billion), up 20 percent and net income jumped to 2.1733 trillion yen ($19.8 billion), a 19.2 percent increase (all currency translations above are approximate and based on an average 109.8-yen-to-dollar exchange rate).
North America: Sales increased 185,775 vehicles to 2.72 million. Operating income (excluding valuation gains/losses from interest-rate swaps) increased to 537.9 billion yen ($4.9 billion). (currency translations above are approximate and based on an average 109.8-yen-to-dollar exchange rate)
Fiscal year global forecast (April 1, 2015 – March 31, 2016): global consolidated vehicle sales is 8.9 million; consolidated net revenue is 27.5 trillion yen ($239.1 billion); operating income is 2.8 trillion yen ($ 24.3billion); and net income is 2.25 trillion yen ($19.6 billion). ■