10th May 2006 17:27
Toyota Motor Corporation10 May 2006 FY2006 Consolidated Financial Results (April 1, 2005 through March 31, 2006) (All financial information has been prepared in accordance with accounting principles generally accepted in the United States of America) English translation from the original Japanese-language document May 10, 2006Company name : Toyota Motor CorporationStock exchanges on which the shares are listed : Tokyo, Nagoya, Osaka, Fukuoka and Sapporo Stock Exchanges in JapanCode number : 7203Location of the head office : Aichi PrefectureURL : http://www.toyota.co.jpRepresentative : Katsuaki Watanabe, PresidentContact person : Masaki Nakatsugawa, General Manager, Accounting Division Tel. (0565) 28-2121Date of the meeting of the Board of Directors for : May 10, 2006FY2006 financial resultsWhether or not to be prepared in accordance with : Yesaccounting principles generally accepted in the UnitedStates of America 1. Consolidated Results for FY2006 (April 1, 2005 through March 31, 2006) (1) Consolidated financial results (Amounts are rounded to the nearest million yen) Net revenues Operating income Income before income taxes, minority interest and equity in earnings of affiliated companies Million yen % Million yen % Million yen %FY2006 21,036,909 (13.4) 1,878,342 (12.3) 2,087,360 (19.0)FY2005 18,551,526 (7.3) 1,672,187 (0.3) 1,754,637 (-0.6) Net income Net income Net income Return on Ratio of Ratio of per share per share equity income income - Basic - Diluted before taxes before taxes to total to net assets revenues Million yen % Yen Yen % % %FY2006 1,372,180 (17.2) 421.76 421.62 14.0 7.9 9.9FY2005 1,171,260 (0.8) 355.35 355.28 13.6 7.6 9.5 Note 1: Equity in earnings of affiliated companies: FY2006 164,366 million yen, FY2005 139,471 million yen. Note 2: Average number of shares issued and outstanding in each fiscal year(consolidated): FY2006 3,253,450,041 shares, FY2005 3,296,092,000 shares. Note 3: Regarding net revenues, operating income, income before income taxes,minority interest and equity in earnings of affiliated companies and net income,the figures in parentheses show percentage of changes from the previous fiscalyear. (2) Consolidated financial position Total assets Shareholders' equity Ratio of Shareholders' equity per shareholders' equity share Million yen Million yen % YenFY2006 28,731,595 10,560,449 36.8 3,257.63FY2005 24,335,011 9,044,950 37.2 2,767.67 Note: Number of shares issued and outstanding at the end of each fiscal year(consolidated): FY2006 3,241,757,467 shares, FY2005 3,268,078,939 shares. (3) Consolidated cash flows From operating From investing From financing Cash and cash activities activities activities equivalents at end of year Million yen Million yen Million yen Million yenFY2006 2,515,480 (3,375,500) 876,911 1,569,387FY2005 2,370,940 (3,061,196) 419,384 1,483,753 FY2006 Consolidated Financial Results (April 1, 2005 through March 31, 2006) (All financial information has been prepared in accordance with accounting principles generally accepted in the United States of America) English translation from the original Japanese-language document (4) Scope of consolidation and equity method Number of consolidated subsidiaries 523 CompaniesNumber of affiliated companies 219 CompaniesNumber of affiliated companies accounted for under the 56 Companiesequity method (5) Changes in scope of consolidation and equity method Consolidated subsidiaries(increase) 13 companies Panasonic EV Energy Co., Ltd., etc.(decrease) 14 companies Toyota Motor Engineering & Manufacturing Europe NV/SA, etc.Affiliated companies accounted for under the equity method(increase) 1 company FAW Toyota Changchun Engine Co., Ltd.(decrease) 1 company Toyoda Machine Works, Ltd. 2. Forecast of consolidated results for FY2007 (April 1, 2006 through March 31,2007) Net revenues Operating income Income before income Net income taxes, minority interest and equity in earnings of affiliated companies Million yen Million yen Million yen Million yenFY2007 22,300,000 1,900,000 1,970,000 1,310,000 Reference: Forecast of net income per share - Basic (FY2007): 404.10 Yen FY2006 Unconsolidated Financial Results (April 1, 2005 through March 31, 2006) (All financial information has been prepared in accordance with accounting principles generally accepted in Japan) English translation from the original Japanese-language document May 10, 2006Company name : Toyota Motor CorporationStock exchanges on which the shares are listed : Tokyo, Nagoya, Osaka, Fukuoka and Sapporo Stock Exchanges in JapanCode number : 7203Location of the head office : Aichi PrefectureURL : http://www.toyota.co.jpRepresentative : Katsuaki Watanabe, PresidentContact person : Masaki Nakatsugawa, General Manager, Accounting Division Tel. (0565) 28-2121Date of the meeting of the Board of Directors for : May 10, 2006FY2006 financial resultsProvision for interim cash dividends : Provision exists.Payment date of cash dividends : June 26, 2006 Date of the ordinary general meeting of : June 23, 2006shareholdersNumber of shares in unit share system : 100 shares 1. Unconsolidated results for FY2006 (April 1, 2005 through March 31, 2006) (1) Unconsolidated financial results (Amounts less than one million yen are omitted) Net sales Operating income Ordinary income Million yen % Million yen % Million yen %FY2006 10,191,838 (10.6) 847,998 ( 20.9) 1,104,781 ( 29.0)FY2005 9,218,386 ( 2.8) 701,390 (- 15.9) 856,231 (- 6.5) Net income Net income Net income Return on Ratio of Ratio of per share per share equity ordinary ordinary income to income to net - Basic - Diluted total assets sales Million yen % Yen Yen % % %FY2006 765,961 ( 44.7) 235.20 235.13 12.0 11.6 10.8FY2005 529,329 (- 9.0) 160.38 160.35 8.8 9.6 9.3 Note 1: Average number of shares issued and outstanding in each fiscal year:FY2006 3,253,450,041 shares, FY2005 3,296,182,405 shares Note 2: Regarding net sales, operating income, ordinary income and net income,the figures in parentheses show percentage of changes from the previous fiscalyear. (2) Cash dividends Annual cash dividends per share Total amount of Dividends payout Ratio of total amount annual cash ratio of dividends to dividends shareholders' equity Interim Year-end Yen Yen Yen Million yen % %FY2006 90.00 35.00 55.00 292,141 38.3 4.4FY2005 65.00 25.00 40.00 212,772 40.5 3.5 .(3) Unconsolidated financial position Total assets Shareholders' equity Ratio of shareholders' Shareholders' equity per equity share Million yen Million yen % YenFY2006 9,909,010 6,686,895 67.5 2,062.51FY2005 9,070,991 6,057,810 66.8 1,853.42 Note 1: Number of shares issued and outstanding at the end of each fiscal year :FY2006 3,241,757,467 shares, FY2005 3,268,078,939 shares Note 2: Number of treasury stock at the end of each fiscal year : FY2006368,240,025 shares, FY 2005 341,918,553 shares FY2006 Unconsolidated Financial Results (April 1, 2005 through March 31, 2006) (All financial information has been prepared in accordance with accounting principles generally accepted in Japan) English translation from the original Japanese-language document 2. Forecast of unconsolidated results for FY2007 (April 1, 2006 through March31, 2007) Net sales Operating income Ordinary income Net income Million yen Million yen Million yen Million yenFY2007 semi-annual (for 5,200,000 370,000 560,000 380,000six-month period endingSeptember 30,2006)FY2007 11,000,000 880,000 1,230,000 850,000 Reference: Forecast of net income per share - Basic (FY2007): 262.20 Yen Cautionary Statement with Respect to Forward-Looking Statements This report contains forward-looking statements that reflect Toyota's forecastsfor consolidated and unconsolidated results. These forward-looking statementsare not guarantees of future performance and involve known and unknown risks,uncertainties and other factors that may cause Toyota's actual results,performance, achievements or financial position to be materially different fromany future results, performance, achievements or financial position expressed orimplied by these forward-looking statements. These factors include: (i) changesin economic conditions and market demand affecting, and the competitiveenvironment in, the automotive markets in Japan, North America, Europe and othermarkets in which Toyota operates; (ii) fluctuations in currency exchange rates,particularly with respect to the value of the Japanese yen, the U.S. dollar, theEuro, the Australian dollar and the British pound; (iii) Toyota's ability torealize production efficiencies and to implement capital expenditures at thelevels and times planned by management; (iv) changes in the laws, regulationsand government policies in the markets in which Toyota operates that affectToyota's automotive operations, particularly laws, regulations and policiesrelating to trade, environmental protection, vehicle emissions, vehicle fueleconomy and vehicle safety, as well as changes in laws, regulations andgovernment policies that affect Toyota's other operations, including the outcomeof future litigation and other legal proceedings; (v) political instability inthe markets in which Toyota operates; (vi) Toyota's ability to timely developand achieve market acceptance of new products; and (vii) fuel shortages orinterruptions in transportation systems, labor strikes, work stoppages or otherinterruptions to, or difficulties in, the employment of labor in the majormarkets where Toyota purchases materials, components and supplies for theproduction of its products or where its products are produced, distributed orsold. A discussion of these and other factors which may affect Toyota's actualresults, performance, achievements or financial position is contained inToyota's annual report on Form 20-F, which is on file with the United StatesSecurities and Exchange Commission. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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