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On May 8th, Toyota announced its 2024 fiscal year (April 1st, 2023 to March 31st, 2024) performance. In the fiscal year 2024, Toyota's sales revenue was 45.095 trillion yen, a year-on-year increase of 21.4%; The operating profit was 5.353 trillion yen, a year-on-year increase of 96.4%; The net profit was 4.945 trillion yen, a year-on-year increase of 101.7%.
Toyota has stated that it will repurchase up to 3.04% of its shares with 1 trillion yen. In addition, for the fiscal year 2025 (April 1, 2024- March 31, 2025), Toyota expects sales revenue to be 46 trillion yen, a year-on-year increase of 2%; The operating profit was 4.3 trillion yen, a year-on-year decrease of 19.7%; The expected net profit is 3.57 trillion yen, a year-on-year decrease of 27.8%.
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