Toyota Tsusho Corporation (TYHOY)

Toyota Tsusho Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	10,361,897	10,309,550	10,188,979	9,848,560	8,028,000	6,309,302
Other Revenue	-	-	1	-	-	1
Revenue	10,361,897	10,309,550	10,188,980	9,848,560	8,028,000	6,309,303
Revenue Growth (YoY)	1.69%	1.18%	3.46%	22.68%	27.24%	-5.75%
Cost of Revenue	9,236,124	9,188,426	9,136,605	8,879,714	7,268,763	5,701,677
Gross Profit	1,125,773	1,121,124	1,052,375	968,846	759,237	607,626
Selling, General & Admin	626,086	554,408	523,721	473,465	395,595	348,881
Other Operating Expenses	-7,474	4,358	20,743	32,111	9,064	-5,616
Operating Expenses	618,612	621,152	604,445	564,835	459,358	394,470
Operating Income	507,161	499,972	447,930	404,011	299,879	213,156
Interest Expense	-54,787	-56,856	-60,890	-46,930	-26,650	-24,706
Interest & Investment Income	61,621	63,236	56,717	48,231	28,039	24,521
Earnings From Equity Investments	17,818	16,661	25,849	37,205	20,686	7,523
Other Non Operating Income (Expenses)	16,382	16,648	6,372	-134	13,913	1,028
EBT Excluding Unusual Items	548,195	539,661	475,978	442,383	335,867	221,522
Gain (Loss) on Sale of Assets	595	690	3,311	674	662	1,354
Asset Writedown	-3,053	-3,486	-9,651	-15,932	-6,398	-1,452
Pretax Income	545,737	536,865	469,638	427,125	330,131	221,424
Income Tax Expense	154,921	148,619	129,389	112,385	81,531	64,978
Earnings From Continuing Operations	390,816	388,246	340,249	314,740	248,600	156,446
Minority Interest in Earnings	-25,795	-25,740	-8,805	-30,585	-26,365	-21,844
Net Income	365,021	362,506	331,444	284,155	222,235	134,602
Net Income to Common	365,021	362,506	331,444	284,155	222,235	134,602
Net Income Growth	9.11%	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)	0.00%	0.00%	0.00%	0.00%	-	-0.00%
EPS (Basic)	345.77	343.40	313.98	269.19	210.54	127.52
EPS (Diluted)	345.77	343.40	313.98	269.19	210.54	127.52
EPS Growth	9.10%	9.37%	16.64%	27.86%	65.11%	-0.70%
Free Cash Flow	288,524	331,012	367,094	283,310	-85,632	120,728
Free Cash Flow Per Share	273.31	313.56	347.75	268.39	-81.13	114.38
Dividend Per Share	105.000	105.000	93.333	67.333	53.333	37.333
Dividend Growth	12.50%	12.50%	38.61%	26.25%	42.86%	1.82%
Gross Margin	10.87%	10.88%	10.33%	9.84%	9.46%	9.63%
Operating Margin	4.89%	4.85%	4.40%	4.10%	3.74%	3.38%
Profit Margin	3.52%	3.52%	3.25%	2.89%	2.77%	2.13%
Free Cash Flow Margin	2.78%	3.21%	3.60%	2.88%	-1.07%	1.91%
EBITDA	660,252	652,558	588,102	532,995	410,764	317,505
EBITDA Margin	6.37%	6.33%	5.77%	5.41%	5.12%	5.03%
D&A For EBITDA	153,091	152,586	140,172	128,984	110,885	104,349
EBIT	507,161	499,972	447,930	404,011	299,879	213,156
EBIT Margin	4.89%	4.85%	4.40%	4.10%	3.74%	3.38%
Effective Tax Rate	28.39%	27.68%	27.55%	26.31%	24.70%	29.35%

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