Toyota Tsusho Corporation (TYO: 8015)

Toyota Tsusho Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	10,119,664	10,188,979	9,848,560	8,028,000	6,309,302	6,694,070
Other Revenue	1	1	-	-	1	1
Revenue	10,119,665	10,188,980	9,848,560	8,028,000	6,309,303	6,694,071
Revenue Growth (YoY)	0.43%	3.46%	22.68%	27.24%	-5.75%	-1.01%
Cost of Revenue	9,045,334	9,136,605	8,879,714	7,268,763	5,701,677	6,054,186
Gross Profit	1,074,331	1,052,375	968,846	759,237	607,626	639,885
Selling, General & Admin	540,470	523,721	473,465	395,595	348,881	380,608
Other Operating Expenses	10,184	20,743	32,111	9,064	-5,616	-465
Operating Expenses	610,635	604,445	564,835	459,358	394,470	429,699
Operating Income	463,696	447,930	404,011	299,879	213,156	210,186
Interest Expense	-61,623	-60,890	-46,930	-26,650	-24,706	-29,880
Interest & Investment Income	60,336	56,717	48,231	28,039	24,521	31,710
Earnings From Equity Investments	21,187	25,849	37,205	20,686	7,523	-2,489
Other Non Operating Income (Expenses)	7,377	6,372	-134	13,913	1,028	15,088
EBT Excluding Unusual Items	490,973	475,978	442,383	335,867	221,522	224,615
Gain (Loss) on Sale of Assets	2,748	3,311	674	662	1,354	1,662
Asset Writedown	-10,084	-9,651	-15,932	-6,398	-1,452	-1,478
Pretax Income	483,637	469,638	427,125	330,131	221,424	224,799
Income Tax Expense	132,887	129,389	112,385	81,531	64,978	69,014
Earnings From Continuing Operations	350,750	340,249	314,740	248,600	156,446	155,785
Minority Interest in Earnings	-15,516	-8,805	-30,585	-26,365	-21,844	-20,234
Net Income	335,234	331,444	284,155	222,235	134,602	135,551
Net Income to Common	335,234	331,444	284,155	222,235	134,602	135,551
Net Income Growth	7.92%	16.64%	27.86%	65.11%	-0.70%	2.21%
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)	0.00%	0.00%	0.00%	0.00%	-0.00%	-0.01%
EPS (Basic)	317.57	313.98	269.19	210.54	127.52	128.42
EPS (Diluted)	317.57	313.98	269.19	210.54	127.52	128.42
EPS Growth	7.92%	16.64%	27.86%	65.10%	-0.70%	2.22%
Free Cash Flow	321,366	367,094	283,310	-85,632	120,728	164,001
Free Cash Flow Per Share	304.43	347.75	268.39	-81.13	114.38	155.37
Dividend Per Share	93.333	93.333	67.333	53.333	37.333	36.667
Dividend Growth	38.61%	38.61%	26.25%	42.86%	1.82%	10.00%
Gross Margin	10.62%	10.33%	9.84%	9.46%	9.63%	9.56%
Operating Margin	4.58%	4.40%	4.10%	3.74%	3.38%	3.14%
Profit Margin	3.31%	3.25%	2.89%	2.77%	2.13%	2.02%
Free Cash Flow Margin	3.18%	3.60%	2.88%	-1.07%	1.91%	2.45%
EBITDA	612,542	588,102	532,995	410,764	317,505	313,744
EBITDA Margin	6.05%	5.77%	5.41%	5.12%	5.03%	4.69%
D&A For EBITDA	148,846	140,172	128,984	110,885	104,349	103,558
EBIT	463,696	447,930	404,011	299,879	213,156	210,186
EBIT Margin	4.58%	4.40%	4.10%	3.74%	3.38%	3.14%
Effective Tax Rate	27.48%	27.55%	26.31%	24.70%	29.35%	30.70%

Source: S&P Capital IQ. Standard template. Financial Sources.