Copyright FOURIN, Inc. 2023
Toyota Motor’s Global Financial Results in FY 2021
Toyota Motor's consolidated financial results for fiscal year 2021 were as follows: operating revenue increased 15.3% year-on-year to 31.4 trillion JPY, and operating income rose 36.3% year-on-year to 3.0 trillion JPY. Sales increased by more than 4 trillion JPY from the previous year, reaching more than 30 trillion JPY for the first time in three years. Consolidated sales went up 7.6% year-on-year to 8.23 million units, but did not reach the pre-corona level of fiscal year 2019’s 8.95 million units.
In fiscal year 2021, despite the reemergence of COVID-19, production restrictions due to tight supply of semiconductors, rising material prices, and increased costs due to investments in new areas, Toyota Motor increased profits through cost improvement and sales efforts. Operating profit increased 596.4 billion JPY compared to fiscal year 2019’s level.