Toyota forecasts profit increase

Toyota forecasts profit increase

Toyota forecasts profit increase

The FINANCIAL -- Toyota’s global net income jumped 19.2 percent during the 2015 fiscal year that ended March 31, 2015.

Global Financial Highlights:

Global sales decreased by 144,169 vehicles to 8.97 million, with strong sales in North America and gains in Europe, offsetting decreases in Japan and other regions.
Consolidated net revenues rose to 27.23 trillion yen ($248.0 billion), up 6.0 percent
Operating income increased to 2.7505 trillion yen ($25.1 billion), up 20.0 percent
and net income jumped to 2.1733 trillion yen ($19.8 billion), a 19.2 percent increase

North America Financial Highlights:

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).

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)