TOYOTA MOTOR CORPORATION
Analysis of Results of Operations
Geographic information
Sales revenues in Japan increased by ¥3,365.0 billion, or 26.3%, to ¥16,137.2 billion in
FY2024 first nine months compared with FY2023 first nine months, and operating income increased by ¥1,143.8 billion, or 74.2%, to ¥2,685.1 billion in FY2024 first nine months compared with FY2023 first nine months. The increase in
operating income was mainly due to marketing efforts and the effects of changes in exchange rates.
Sales revenues in North America increased by ¥3,091.9 billion, or 29.6%, to ¥13,554.3 billion
in FY2024 first nine months compared with FY2023 first nine months, and operating income increased by ¥605.5 billion, to ¥516.5 billion in FY2024 first nine months compared with FY2023 first nine months. The increase in operating
income was mainly due to marketing efforts and cost reduction efforts.
Sales revenues in Europe increased by ¥1,111.1 billion, or 36.2%, to ¥4,179.2 billion in
FY2024 first nine months compared with FY2023 first nine months, and operating income increased by ¥268.8 billion, or 1,608.4%, to ¥285.5 billion in FY2024 first nine months compared with FY2023 first nine months. The increase in
operating income was mainly due to marketing efforts and the effect of recording a ¥104.0 billion loss, ¥95.2 billion of which was related to Europe, during FY2023 first nine months from terminating vehicle production in Russia.
Sales revenues in Asia increased by ¥549.5 billion, or 9.0%, to ¥6,682.5 billion in FY2024
first nine months compared with FY2023 first nine months, and operating income increased by ¥89.2 billion, or 15.9%, to ¥649.6 billion in FY2024 first nine months compared with FY2023 first nine months. The increase in operating
income was mainly due to marketing efforts and cost reduction efforts.
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Other (Central and South America, Oceania, Africa and the Middle East): |
Sales revenues in other regions increased by ¥520.3 billion, or 19.7%, to ¥3,163.7 billion in
FY2024 first nine months compared with FY2023 first nine months, and operating income increased by ¥22.9 billion, or 13.0%, to ¥198.9 billion in FY2024 first nine months compared with FY2023 first nine months. The increase in
operating income was mainly due to marketing efforts.
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