Toyota FY27 Q1 operating income falls 8.8% to JPY 1.06 trillion; revenue rises 10.4% to JPY 13.53 trillion
TM•Quarterly results
Toyota posted 1Q operating income of JPY 1.06 trillion, down 8.8% year-on-year, as sales revenues rose to JPY 13.53 trillion.
Net income attributable to owners climbed to JPY 1.48 trillion, lifting net margin to 10.9% from 6.9% a year earlier.
Vehicle sales and mix
Toyota and Lexus vehicle sales fell 3.5% to 2,552,000 units; electrified vehicle sales rose 12.4% to 1,410,000 units, taking mix up 7.9 percentage points to 55.3%.
Outlook and capital return
Full-year operating income forecast was raised to JPY 3.4 trillion; sales revenues outlook increased to JPY 54 trillion.
Toyota authorized up to JPY 1 trillion of share repurchases via open-market purchases and plans to cancel 200 million treasury shares.
