Toyota Tsusho Corp. · TSE:8015
Toyota Tsusho — Q3 FY2025 Earnings Presentation
23 slides from Toyota Tsusho's earnings presentation, Feb 3, 2026
Slide 1: Outline of Consolidated Results for Third Quarter of FY2025
Outline of Consolidated Results for Third Quarter of FY2025 February 3, 2026 Toyota Tsusho Corporation １
Slide 2: Summary of results for FY2025 1-3Q
Summary of results for (Reference) FY2024 1-3Q FY2025 1-3Q Foreign USD 153 yen 149 yen FY2025 1-3Q exchange rate EUR 165 yen 172 yen 【Summary of results for FY2025 1-3Q】 ・Profit totaled 286.9 billion yen, marking a record high for a third quarter cumulative total . ・Compared to the previous fiscal y
Slide 3: Outline of Consolidated Results
(Reference) FY2024 1-3Q FY2025 1-3Q Outline of Consolidated Results Foreign exchange rate USD 153 yen 149 yen EUR 165 yen 172 yen （Unit: Billion yen） YoY FY2024 FY2025 Incl. Variance 1-3Q 1-3Q FX Impact （ratio） +733.9 Revenue 7,647.7 8,381.6 (+10%) +4.4 ＋86.2 Gross profit 830.2 916.4 (+10%) +6.6 SG
Slide 4: Profit Analysis (whole company) 【Operating profit】
(Reference) FY2024 1-3Q FY2025 1-3Q Profit Analysis (whole company) Foreign exchange rate USD 153 yen 149 yen EUR 165 yen 172 yen （Unit: Billion yen） 【Operating profit】 Demand (9.6) FY2025 1-3Q FY2024 1-3Q Circular Economy +1.4 +20.1 /Trading Others Lifestyle +0.7 Volume Metal＋(Plus) (1.8) Automobil
Slide 5: Profit Analysis (whole company) 【Others】
(Reference) FY2024 1-3Q FY2025 1-3Q Profit Analysis (whole company) Foreign exchange rate USD 153 yen 149 yen EUR 165 yen 172 yen （Unit: Billion yen） 【Others】 FY2024 FY2025 Variance Main Factor 1-3Q 1-3Q ・Reversal of profit from divestment of Finance electric power business subsidiaries in income 19
Slide 6: One-off Gains and Losses (Profit)
One-off Gains and Losses (Profit) （Unit：Billion yen） FY2024 1-3Q FY2025 1-3Q Metal＋(Plus) - - - - ・(2Q) Expenses related to recycle business in North Circular America –4.0 Economy - (2.5) ・(1Q)Gain related to chemical business in Japan +1.5 Supply Chain - - - - ・(3Q)Gain related to automobile dealer
Slide 7: Profit Analysis (Division)
Profit Analysis（Division） （Unit: Billion yen） FY2024 FY2025 Variance Progress 1-3Q 1-3Q Forecast Main Factor for variance (Ratio) ratio Decreased profit due to decline in steel prices, Metal＋(Plus) 34.9 32.5 (2.4) 41.0 79% despite an increase in trading volume of (-7%) automobile production-related
Slide 8: Consolidated Financial Position
(Reference) Mar.31, 2025 Dec.31, 2025 Consolidated Financial Position Foreign exchange rate USD 150 yen 157 yen EUR 162 yen 184 yen （Unit: Billion Yen） Mar. 31, Dec. 31, Incl. Variance 2025 2025 FX Impact Total Assets 7,057.4 8,104.7 ＋1,047.3 ＋320.4 （Inventory） 1,198.1 1,485.5 +287.4 ＋83.2 Net Worth
Slide 9: Cash Flow
Cash Flow （Unit: Billion Yen） FY2024 FY2025 Variance 1-3Q 1-3Q Operating 302.6 261.2 (41.4) C/F Investing (107.4) (318.4) (211.0) C/F （※） Dividend (107.3) (119.3) (12.0) Payment FCF After dividend 87.9 (176.5) (264.4) Payment ※ ( ) represents increases in investment 9
Slide 10: Cash Flows from Investing Activities (1-3Q Results)
Cash Flows from Investing Activities (1-3Q Results) （Unit: Billion yen） FY2025 1-3Q Major Investment Total Investment Amount (342.9) ・Renewable energy-related Nature Others 24.5 (44.2) (Wind power generation in Value Japan and Egypt, etc.) Investing C/F (318.4) Renewable Energy Nature Value energy b
Slide 11: Metal＋(Plus) Division (1-3Q Results)
Metal＋(Plus) Division (1-3Q Results) Decreased profit due to decline in steel prices, despite an increase in trading volume of automobile production-related products mainly in North America （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact (0.4) Market
Slide 12: Circular Economy Division (1-3Q Results)
Circular Economy Division (1-3Q Results) Decreased profit due to one-off factors in Recycle business in North America, despite the upturn in resource market （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact (0.5) Markets/Prices (8.5) 45.5 Non-Ferrous/R
Slide 13: Supply Chain Division (1-3Q Results)
Supply Chain Division (1-3Q Results) Increased profit due to increased trading volume of automobile production-related products mainly in Asia/Oceania （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact (0.7) 50.9 (11.0) Demand/ Asia/Oceania +1.9 (12.1)
Slide 14: Mobility Division (1-3Q Results)
Mobility Division (1-3Q Results) Increased profit due to higher automobile sales volume mainly in Asia/Oceania （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact (0.5) 64.8 (13.2) Demand/Trading Volume (12.9) 57.9 <Exports/Sales>Asia/Oceania +15.1 51.6
Slide 15: Green Infrastructure Division (1-3Q Results)
Green Infrastructure Division (1-3Q Results) Decreased profit due to the reversal of one-off gains, despite higher transaction volume in machinery-related businesses （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q 34.8 (11.9) Forex Impact +0.0 (4.6) 30.6 Demand 2
Slide 16: Digital Solutions Division (1-3Q Results)
Digital Solutions Division (1-3Q Results) Increased profit due to improvements in the environment for memory-related businesses and growth in projects in systems-related businesses （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact (0.2) 42.1(19.3) (17.
Slide 17: Lifestyle Division (1-3Q Results)
Lifestyle Division (1-3Q Results) Increased profit due to a market upturn in the food business in South America and an increase in the transaction volume in the insurance business （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact (0.2) 18.8 (5.6) Marke
Slide 18: Africa Division (1-3Q Results)
Africa Division (1-3Q Results) Increased profit due to higher automobile sales volume, mainly in the West Africa region （Unit: Billion yen） Main Factor of Operating Profit Variance FY2024 1-3Q FY2025 1-3Q Forex Impact +4.1 117.8 (47.1) Automotive <Sales> West Africa +7.3 (38.8) 97.8 <Sales/Productio
Slide 19: Shareholder Returns
Shareholder Returns Shareholder Returns Policy In the period from FY2025 to FY2027, we aim to target a total payout ratio of 40% or more, including share repurchases, while maintaining a progressive dividend FY2025 FY2025 Forecast Forecast Variance Announced on Announced on April 28, 2025 Oct 31, 20
Slide 20: Supplementary Materials of Financial Results
Supplementary Materials of Financial Results 20
Slide 21: Car Exports and Retail Sales Volume by Key Region and Country
Car Exports and Retail Sales Volume by Key Region and Country （Unit：units） Export Volume by Region Retail Sales Volume by Region FY2024 FY2025 FY2024 FY2025 Region Variance Region 1-3Q 1-3Q Variance 1-3Q 1-3Q Asia & Oceania 43,003 37,801 (5,202) Asia & Oceania 27,605 32,088 +4,483 China , Hong Kong
Slide 22: Financial Summary for the Last Three Years
Financial Summary for the Last Three Years （Unit：Billion yen） 3,000 Revenue Profit Operating C/F 168.1 209.2 170.8 142.0 2,500 120.8 111.0 105.8 92.2 79.4 81.2 92.7 93.1 95.8 96.3 98.3 88.5 100.0 85.0 85.7 84.6 60.5 34.6 2,000 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2023 FY2024 FY2025 1Q 2Q 3Q 4Q 1Q 2
Slide 23: Inquiries
Inquiries Toyota Tsusho Corporation Investor Relations Group E-mail ttc_ir@pp.toyota-tsusho.com Tokyo Head Office TEL +81-3-4306-8201 ◆ This presentation contains “forward-looking statements” about the strategies and plans of Toyota Tsusho Corporation and its Group companies that are not historical