Toyota Motor Corporation (TM) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you very much for joining us today, taking time out of your presumably busy schedule. Now, we would like to begin TMC's FY26 Q2 Financial Results Briefing. I am Irie from Corporate Communications. Pleased to be your emcee today. Now, I would like to invite our Chief Financial Officer, Kenta Ko, for his presentation. Konsan, over to you. Good afternoon, ladies and gentlemen. Thank you for the introduction. I am Koro. Before I begin, I would like to start by sincerely thanking our customers around the world who love Toyota cars, our shareholders who support our efforts, our dealers and suppliers and other stakeholders. Here is a summary of Q2 results. Our operating income for the first half of this fiscal year was 2 trillion yen. Despite the impact of U.S. tariffs, strong demand supported by the competitiveness of products has led to increased sales volumes, mainly in Japan and North America, and has expanded value chain profits. The full year operating income forecast is 3.4 trillion yen, Despite the impact of the US tariffs, we have continued to build upon our improvement efforts, such as increasing sales volume, improving costs, and expanding value-to-profits. We are steadily translating comprehensive future investments into improved productivity and increased returns, with a strong focus on improving the breakeven volume. As for shareholder returns, to reward our long-term shareholders, The interim dividend is raised to ¥45 per share, and the full-year dividend forecast is ¥95 per share. As announced at the Japan Mobility Show 2025, we will clearly define the five brands of the Toyota Group with clear directions. A diverse range of products meet the needs of each individual customer, thereby expanding choice for our customers. I will now...