Japanese Recession

Toyota Announces Financial Results for Fiscal Year Ended March 31, 2020

Tuesday, May 12, 2020 - 8:01am

(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.