(RTTNews) – Japanese auto main Toyota Motor Corp. (TYT.L, TM) reported that its internet revenue attributable to the corporate for the fiscal 12 months ended March 31, 2024 climbed to 4.94 trillion yen or 365.94 yen per share from 2.45 trillion yen or 179.47 yen per share within the earlier 12 months.
The corporate stated it’ll enhance the year-end dividend to 45 yen per share, a rise of 10 yen in comparison with the earlier 12 months, and set the annual dividend at 75 yen, totaling over 1 trillion yen.
The corporate stated it units apart 1 trillion yen as the utmost restrict of share repurchases and can cancel 520 million shares, equal to 2 trillion yen value of treasury shares.
Wanting forward for the fiscal 12 months ending March 31, 2025, the corporate tasks consolidated car gross sales to be 9.500 million items, 100.6% of the earlier fiscal 12 months. In Japan, the corporate expects a lower in gross sales quantity primarily at Daihatsu. Electrified car gross sales are anticipated be a complete of 4 million 827 thousand items, or 46.4% of whole gross sales.
For the fiscal 12 months ending March 31, 2025, the corporate expects gross sales revenues to be 46.00 trillion yen, up 2.0% from the prior 12 months. It tasks working to be 4.30 trillion yen down 19.7% from the earlier 12 months. It anticipates internet revenue attributable to the corporate to be 3.57 trillion yen, down 27.8% from the prior 12 months.
Toyota’s working revenue for the 12 months 2024 was 5.35 trillion yen up from 2.73 trillion yen within the prior 12 months.
Complete gross sales revenues for the 12 months 2024 rose to 45.10 trillion yen from 37.15 trillion yen final 12 months.
Consolidated car unit gross sales in Japan and abroad elevated by 621 thousand items or 7.0%, to 9.443 million items in fiscal 12 months 2024 in contrast with fiscal 12 months 2023.
Automobile unit gross sales in Japan decreased by 76 thousand items or 3.7%, to 1.993 million items in fiscal 12 months 2024 in contrast with fiscal 12 months 2023. In the meantime, abroad car unit gross sales elevated by 697 thousand items, or 10.3%, to 7.450 million items in fiscal 12 months 2024 in contrast with fiscal 12 months 2023.
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