Toyota Tsusho Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	11,043,380	10,309,550	10,188,979	9,848,560	8,028,000	6,309,302
Other Revenue	-1	-	1	-	-	1
Revenue	11,043,379	10,309,550	10,188,980	9,848,560	8,028,000	6,309,303
Revenue Growth (YoY)	9.05%	1.18%	3.46%	22.68%	27.24%	-5.75%
Cost of Revenue	9,836,002	9,188,426	9,136,605	8,879,714	7,268,763	5,701,677
Gross Profit	1,207,377	1,121,124	1,052,375	968,846	759,237	607,626
Selling, General & Admin	614,588	554,408	523,721	473,465	395,595	348,881
Other Operating Expenses	-3,635	4,358	20,743	32,111	9,064	-5,616
Operating Expenses	673,339	621,152	604,445	564,835	459,358	394,470
Operating Income	534,038	499,972	447,930	404,011	299,879	213,156
Interest Expense	-59,297	-56,856	-60,890	-46,930	-26,650	-24,706
Interest & Investment Income	59,383	63,236	56,717	48,231	28,039	24,521
Earnings From Equity Investments	24,411	16,661	25,849	37,205	20,686	7,523
Other Non Operating Income (Expenses)	7,103	16,648	6,372	-134	13,913	1,028
EBT Excluding Unusual Items	565,638	539,661	475,978	442,383	335,867	221,522
Gain (Loss) on Sale of Assets	-1,565	690	3,311	674	662	1,354
Asset Writedown	-3,307	-3,486	-9,651	-15,932	-6,398	-1,452
Pretax Income	560,766	536,865	469,638	427,125	330,131	221,424
Income Tax Expense	161,894	148,619	129,389	112,385	81,531	64,978
Earnings From Continuing Operations	398,872	388,246	340,249	314,740	248,600	156,446
Minority Interest in Earnings	-27,247	-25,740	-8,805	-30,585	-26,365	-21,844
Net Income	371,625	362,506	331,444	284,155	222,235	134,602
Net Income to Common	371,625	362,506	331,444	284,155	222,235	134,602
Net Income Growth	9.81%	9.37%	16.64%	27.86%	65.11%	-0.70%
Shares Outstanding (Basic)	1,056	1,056	1,056	1,056	1,056	1,056
Shares Outstanding (Diluted)	1,056	1,056	1,056	1,056	1,056	1,056
Shares Change (YoY)	0.01%	0.00%	0.00%	0.00%	-	-0.00%
EPS (Basic)	352.01	343.40	313.98	269.19	210.54	127.52
EPS (Diluted)	352.01	343.40	313.98	269.19	210.54	127.52
EPS Growth	9.80%	9.37%	16.64%	27.86%	65.11%	-0.70%
Free Cash Flow	309,137	331,012	367,094	283,310	-85,632	120,728
Free Cash Flow Per Share	292.82	313.56	347.75	268.39	-81.13	114.38
Dividend Per Share	55.000	105.000	93.333	67.333	53.333	37.333
Dividend Growth	-61.63%	12.50%	38.61%	26.25%	42.86%	1.82%
Gross Margin	10.93%	10.88%	10.33%	9.84%	9.46%	9.63%
Operating Margin	4.84%	4.85%	4.40%	4.10%	3.74%	3.38%
Profit Margin	3.36%	3.52%	3.25%	2.89%	2.77%	2.13%
Free Cash Flow Margin	2.80%	3.21%	3.60%	2.88%	-1.07%	1.91%
EBITDA	701,450	652,558	588,102	532,995	410,764	317,505
EBITDA Margin	6.35%	6.33%	5.77%	5.41%	5.12%	5.03%
D&A For EBITDA	167,412	152,586	140,172	128,984	110,885	104,349
EBIT	534,038	499,972	447,930	404,011	299,879	213,156
EBIT Margin	4.84%	4.85%	4.40%	4.10%	3.74%	3.38%
Effective Tax Rate	28.87%	27.68%	27.55%	26.31%	24.70%	29.35%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.