Toyota Motor Corporation (TM) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for joining us today, and welcome to Toyota Motor Corporation Fiscal Year 2026 Financial Results Briefing. We'd like to thank you very much for attending despite your busy schedules. I am Hatsumoto, the moderator of this conference. I'm from Corporate Communications. So I would like to introduce our speakers first, Kent Bakon, President and Chief Executive Officer. Yoichi Miyazaki, Executive Vice President and Chief Financial Officer. and Takanori Azuma, Accounting Group Chief Officer, and from Corporate Communications, Chief Officer Hiroyuki Ueda. As for our agenda, this conference will begin with presentation by Takanori Azuma. and Yoichi Miyazaki to explain the financial results, followed by a brief greeting by our president, Kenta Kon, and then we will have a Q&A session at the very end. So I'd like to hand it over to Takamori Asuma, please. Hello, ladies and gentlemen. I am Asuma, accounting group chief officer. We'd like to start by sincerely thanking our customers around the world who love Toyota cars, our shareholders who support our efforts, as well as our dealers and suppliers and all other stakeholders involved. Thank you so very much. I'll begin with the summary of the financial results for the fiscal year ended March 26. Operating income for fiscal year 26 amounted to 3.8 trillion yen. Despite the impact of U.S. tariffs, we were able to secure profits in line with our guidance due to increased vehicle sales volumes and the effects of price revisions underpinned by strong product competitiveness as well as steadily accumulated improvement efforts such as expanded value chain profits. Taking into account the Middle East impacts, we are forecasting operating income for the fiscal year ending March 27 of 3.0 trillion yen, representing a y...