Toyota Announces Financial Results for Fiscal 1995
Toyota Motor Corporation today announced its financial results for fiscal 1995, covering a nine-month term from July 1, 1994 to March 31, 1995. The company reported consolidated net sales of 8.12 trillion yen, with a net income of 131.9 billion yen and net income per share of 35.29 yen. Toyota sold a total of 3,260,670 units worldwide, with 1,560,970 units sold in Japan and 1,699,700 units sold overseas.
Key Takeaways:
- Toyota reported consolidated net sales of 8.12 trillion yen, with a net income of 131.9 billion yen for fiscal 1995.
- The company's net income per share equaled 35.29 yen, a significant increase from previous years.
- Worldwide, Toyota sales totaled 3,260,670 units in fiscal 1995, with 1,560,970 units sold in Japan and 1,699,700 units sold overseas.
- Industrial vehicle sales stood at 41,118 units, while sales of Toyota prefabricated houses amounted to 2,512 units.
- The company's financial results were positively influenced by an increase in sales and extensive corporate cost-cutting efforts.
- The appreciation of the yen and changes in the company's fiscal year-end also had a significant impact on the financial results.
- The company had an operating income of 130.1 billion yen, representing a 2.7-fold increase over the FY94 figure.
- Income before income taxes was 144.9 billion yen, with a net income of 131.9 billion yen.
- The company's financial position showed a significant increase in assets, with a total of 14.2 trillion yen.
Statistics:
- Consolidated net sales: 8.12 trillion yen
- Net income: 131.9 billion yen
- Net income per share: 35.29 yen
- Worldwide sales: 3,260,670 units
- Japan sales: 1,560,970 units
- Overseas sales: 1,699,700 units
- Industrial vehicle sales: 41,118 units
- Toyota prefabricated houses sales: 2,512 units
- Operating income: 130.1 billion yen
- Income before income taxes: 144.9 billion yen
Sources:
- Toyota Motor Corporation
- Press Release, May 23, 1995
- PRNewswire article, May 23, 1995
- TOYOTA MOTOR CORPORATION Annual Report 1995 (Partial Translation)
- Official Toyota website (1995 archives)