Financials Toyota Industries Corporation Japan Exchange

Stocks

6201

JP3634600005

Market Closed - Japan Exchange Other stock markets 12:00:00 29/05/2026 pm IST			5-day change	1st Jan Change
20,450.00 ^JPY	-.--%		-.--%	+14.89%

08/06

Subaru Confirms Toyota as Affiliated Company With 21.5% Voting Right

Projected Income Statement: Toyota Industries Corporation

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	21,18,302	27,05,183	33,79,891	38,33,205	40,84,984	43,69,512	42,94,919	42,37,980
Change	-	27.71%	24.94%	13.41%	6.57%	6.97%	-1.71%	-1.33%
EBITDA ¹	3,27,998	3,82,803	4,27,666	4,85,343	5,45,750	4,90,076	4,14,043	4,57,394
Change	-	16.71%	11.72%	13.49%	12.45%	-10.2%	-15.51%	10.47%
EBIT ¹	1,18,159	1,59,066	1,69,904	2,00,404	2,21,695	1,37,023	2,28,893	2,43,755
Change	-	34.62%	6.81%	17.95%	10.62%	-38.19%	67.05%	6.49%
Interest Paid ¹	-9,830	-7,282	-13,976	-21,391	-15,869	-13,381	-20,488	-20,651
Earnings before Tax (EBT) ¹	1,84,011	2,46,123	2,62,967	3,09,190	3,51,463	2,79,193	3,27,610	3,45,356
Change	-	33.75%	6.84%	17.58%	13.67%	-20.56%	17.34%	5.42%
Net income ¹	1,36,700	1,80,306	1,92,861	2,28,778	2,62,312	2,23,785	2,35,674	2,48,889
Change	-	31.9%	6.96%	18.62%	14.66%	-14.69%	5.31%	5.61%
Announcement Date	28/04/21	28/04/22	27/04/23	26/04/24	25/04/25	28/04/26	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	5,66,597	5,94,698	6,16,914	6,43,928	7,07,107	7,37,234	7,59,631	8,42,865	8,65,069	9,12,326	8,89,455	9,47,968	9,90,144	10,05,638	10,25,758	9,89,733	10,07,236	10,62,257	9,90,539	10,68,141	11,08,208	10,12,375
Change	-	4.96%	3.74%	4.38%	9.81%	4.26%	3.04%	10.96%	2.63%	5.46%	-2.51%	6.58%	4.45%	1.56%	2%	-3.51%	1.77%	5.46%	-6.75%	7.83%	3.75%	-8.65%
EBITDA	1,01,466	92,892	1,13,241	92,775	56,602	78,260	-	-	-	97,412	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-8.45%	21.91%	-18.07%	-38.99%	38.26%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	48,950	39,008	57,493	36,874	41,925	22,774	43,611	48,399	46,678	31,216	52,509	69,543	78,859	-507	67,896	58,418	54,639	41,837	52,400	-14,874	48,456	47,709
Change	-	-20.31%	47.39%	-35.86%	13.7%	-45.68%	91.49%	10.98%	-3.56%	-33.12%	68.21%	32.44%	13.4%	-100.64%	13,491.72%	-13.96%	-6.47%	-23.43%	25.25%	-128.39%	425.78%	-1.54%
Charge d'intérêts	-3,204	-	-1,682	-1,841	-1,537	-2,222	-2,327	-	-3,988	-	-4,892	-	-8,654	-	-4,618	-	-	-	-6,388	-	-3,009	-
Earnings before Tax (EBT) ¹	79,631	39,168	1,01,302	36,499	81,709	26,613	91,711	53,247	85,125	32,884	1,11,609	68,923	1,21,727	6,931	1,39,888	52,952	1,19,828	38,795	1,21,094	-13,957	1,16,916	31,373
Change	-	-50.81%	158.63%	-63.97%	123.87%	-67.43%	244.61%	-41.94%	59.87%	-61.37%	239.4%	-38.25%	76.61%	-94.31%	1,918.29%	-62.15%	126.3%	-67.62%	212.14%	-111.53%	937.69%	-73.17%
Net income ¹	61,742	26,850	77,598	25,788	59,398	17,522	71,623	35,265	62,340	23,633	86,978	51,830	91,993	-2,023	1,11,206	36,215	1,00,961	13,930	1,02,452	-11,335	95,873	23,080
Change	-	-56.51%	189.01%	-66.77%	130.33%	-70.5%	308.76%	-50.76%	76.78%	-62.09%	268.04%	-40.41%	77.49%	-102.2%	5,597.08%	-67.43%	178.78%	-86.2%	635.48%	-111.06%	945.81%	-75.93%
Announcement Date	02/02/21	28/04/21	30/07/21	29/10/21	02/02/22	28/04/22	29/07/22	28/10/22	03/02/23	27/04/23	28/07/23	31/10/23	02/02/24	26/04/24	31/07/24	31/10/24	31/01/25	25/04/25	31/07/25	31/10/25	03/02/26	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S1	2023 S1	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1
Net sales ¹	12,60,842	16,02,496	18,37,423	19,95,782	20,15,491	20,69,493	20,58,680
Change	-	27.1%	14.66%	8.62%	0.99%	2.68%	-0.52%
EBITDA	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
EBIT ¹	94,367	92,010	1,22,052	78,352	1,26,314	93,075	37,526
Change	-	-2.5%	32.65%	-35.8%	61.21%	-26.31%	-59.68%
Charge d'intérêts ¹	-3,523	-5,422	-10,733	-	-10,815	-	-9,367
Earnings before Tax (EBT) ¹	1,37,801	1,44,958	1,80,532	1,28,658	1,92,840	1,58,623	1,07,137
Change	-	5.19%	24.54%	-28.73%	49.89%	-17.74%	-32.46%
Net income ¹	1,03,386	1,06,888	1,38,808	89,970	1,47,421	1,14,891	91,117
Change	-	3.39%	29.86%	-35.18%	63.86%	-22.07%	-20.69%
Announcement Date	29/10/21	28/10/22	31/10/23	26/04/24	31/10/24	25/04/25	31/10/25

¹JPY in Million

Estimates

Forecast Balance Sheet: Toyota Industries Corporation

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	11,07,114	11,43,430	14,96,408	12,09,416	12,61,880	13,75,875	10,48,836	10,89,431
Change	-	3.28%	30.87%	-19.18%	4.34%	9.03%	-23.77%	3.87%
Announcement Date	28/04/21	28/04/22	27/04/23	26/04/24	25/04/25	28/04/26	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Toyota Industries Corporation

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	2,22,360	2,37,371	2,89,974	3,48,926	2,11,032	2,04,923	2,64,818	3,08,998
Change	-	6.75%	22.16%	20.33%	-39.52%	-2.89%	-2.34%	16.68%
Free Cash Flow (FCF) ¹	-21,778	83,714	-2,32,678	4,41,122	1,28,175	1,93,871	2,67,119	26,353
Change	-	484.4%	-377.94%	289.58%	-70.94%	51.25%	-5.32%	-90.13%
Announcement Date	28/04/21	28/04/22	27/04/23	26/04/24	25/04/25	28/04/26	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Toyota Industries Corporation

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	15.48%	14.15%	12.65%	12.66%	13.36%	11.22%	9.64%	10.79%
EBIT Margin (%)	-	5.58%	5.88%	5.03%	5.23%	5.43%	3.14%	5.33%	5.75%
EBT Margin (%)	-	8.69%	9.1%	7.78%	8.07%	8.6%	6.39%	7.63%	8.15%
Net margin (%)	-	6.45%	6.67%	5.71%	5.97%	6.42%	5.12%	5.49%	5.87%
FCF margin (%)	-	-1.03%	3.09%	-6.88%	11.51%	3.14%	4.44%	6.22%	0.62%
FCF / Net Income (%)	-	-15.93%	46.43%	-120.65%	192.82%	48.86%	86.63%	113.34%	10.59%
Profitability
ROA	-	3.12%	3.48%	3.4%	3.27%	3.43%	2.71%	1.8%	1.9%
ROE	-	4.8%	5%	5%	4.6%	4.8%	3.8%	4.6%	4.8%
Financial Health
Leverage (Debt/EBITDA)	-	3.38x	2.99x	3.5x	2.49x	2.31x	3.63x	2.53x	2.38x
Debt / Free cash flow	-	-50.84x	13.66x	-6.43x	2.74x	9.84x	4.88x	3.93x	41.34x
Capital Intensity
CAPEX / Current Assets (%)	-	10.5%	8.77%	8.58%	9.1%	5.17%	4.69%	6.17%	7.29%
CAPEX / EBITDA (%)	-	67.79%	62.01%	67.8%	71.89%	38.67%	41.81%	63.96%	67.56%
CAPEX / FCF (%)	-	-1,021.03%	283.55%	-124.62%	79.1%	164.64%	105.7%	99.14%	1,172.53%
Items per share
Cash flow per share ¹	1,718	1,907	1,854	2,006	2,384	1,553	-	-	-
Change	-	11.02%	-2.76%	8.19%	18.83%	-34.84%	-	-	-
Dividend per Share ¹	160	150	170	190	240	280	-	-	-
Change	-	-6.25%	13.33%	11.76%	26.32%	16.67%	-	-	-
Book Value Per Share ¹	7,855	10,423	12,653	12,360	19,472	16,273	-	-	-
Change	-	32.69%	21.4%	-2.32%	57.55%	-16.43%	-	-	-
EPS ¹	469.9	440.3	580.7	621.2	736.9	857	-	-	-
Change	-	-6.29%	31.9%	6.96%	18.62%	16.3%	-	-	-
Nbr of stocks (in thousands)	3,10,484	3,10,483	3,10,480	3,10,479	3,10,478	3,03,043	-	-	-
Announcement Date	19/06/20	18/06/21	17/06/22	16/06/23	19/06/24	09/06/25	-	-	-