Toyota Motor Corporation (TM) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you very much for joining us despite your occupied schedules. We would like to start the financial results announcement for the fiscal year ended March 2024. My name is Irie of Public Affairs Department. I will be serving as a moderator. First of all, Executive Vice President and Chief Financial Officer Yoichi Miyazaki will explain the overview of the financial results. Miyazaki is my name, CFO of TMC. Thank you very much for getting together for this session today. We would like to express a heartfelt appreciation to our customers around the world who chose us, as well as our shareholders, dealers, and suppliers who support us. We will now explain the summary of the financial results for the fiscal year ended March 2024. For many years, we have been committed to product and region-based management. Thanks to the support and cooperation of many stakeholders, including employees as well as suppliers and dealers, The actual operating income was 5.35 trillion yen for the fiscal year ended in March 2024. The operating income forecast for the fiscal year ending March 2025 is 4.3 trillion yen after a total of 2 trillion yen in investments for the future to maintain the profit structure from the previous fiscal year and to increase the attractiveness of the automotive industry as a whole and to grow together with all stakeholders. Investments for the future of 2 trillion yen includes 380 billion yen in investment in human resources and 1.7 trillion yen in investment in transforming the company into a mobility company. As for shareholder returns, we will increase the year-end dividend to 45 yen per share, an increase of 10 yen compared to the previous year, and set the annual dividend at 75 yen, totaling over 1 trillion yen. We set aside 1 trillio...