Toyota Full-Year Report 2024
Although the inflation rate slowed as a result of monetary tightening policies mainly in Europe and the United States, the outlook for the global economy remained uncertain due to concerns about recession caused by higher policy interest rates, geopolitical risks such as conflicts in Ukraine and the Middle East, and the impact of the stagnation in China’s real estate sector.
total consolidated net sales amounted to 3,833.2 billion yen, an increase of 453.4 billion yen, or 13%, from the previous fiscal year
Assets amounted to 11,078.4 billion yen, an increase of 3,257.3 billion yen from the end of the previous fiscal year, due mainly to an increase in fair value of investment securities. Liabilities amounted to 4,925.1 billion yen, an increase of 1,039.4 billion yen from the end of the previous fiscal year, mainly owing to an increase in deferred tax liabilities.
Net cash provided by operating activities was 443.5 billion yen in FY2024, due to posting profit before income taxes of 309.1 billion yen.
Net cash provided by operating activities increased by 248.6 billion yen compared to that of 194.9 billion yen in the previous fiscal year.