Toyota Announces Financial Results for Fiscal Year Ended March 31, 2020
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Tuesday, May 12, 2020
(Consolidated financial information has been prepared in accordance with U.S. generally accepted accounting principles)
Key Points:
- (Consolidated financial information has been prepared in accordance with U.S. generally accepted accounting principles)
Toyota City, Japan, May 12, 2020 - (JCN Newswire) - Toyota Motor Corporation (TMC) today announced its financial results for the fiscal year ended March 31, 2020. - Operating income decreased from 2.4675 trillion yen to 2.4428 trillion yen, while income before income taxes(1) was 2.5546 trillion yen.
- Operating income, excluding the impact of valuation gains/losses from interest rate swaps, increased by 145.4 billion yen to 289.5 billion yen.
- Financial services operating income decreased by 30.6 billion yen to 292.1 billion yen, including a loss of 17.5 billion yen in valuation gains/losses from interest rate swaps.