Cash flow Toyota Industries Corporation

Equities

6201

JP3634600005

Heavy Machinery & Vehicles

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-09-12 am EDT			5-day change	1st Jan Change
10,710.00 ^JPY	+2.78%		-2.99%	-6.87%

Sep. 06	Sector Update: Consumer Stocks Decline in Late Afternoon Trading	MT
Sep. 06	Sector Update: Consumer Stocks Fall in Afternoon Trading	MT

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Published financial data: TOYOTA INDUSTRIES CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	2,171B	2,118B	2,705B	3,380B	3,833B
Total Revenues	2,171B	2,118B	2,705B	3,380B	3,833B
Cost of Goods Sold, Total	1,665B	1,628B	2,098B	2,624B	2,932B
Gross Profit	506B	490B	608B	756B	901B
Selling General & Admin Expenses, Total	381B	375B	455B	577B	657B
R&D Expenses	-	-	-	-	-
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	-4.76B	-3.88B	-7.15B	9.78B	43.76B
Other Operating Expenses, Total	377B	371B	448B	587B	701B
Operating Income	130B	120B	160B	170B	201B
Interest Expense, Total	-5.96B	-5.43B	-4.87B	-10.11B	-16.99B
Interest And Investment Income	74.15B	72.43B	84.2B	95.42B	122B
Net Interest Expenses	68.19B	67B	79.33B	85.31B	105B
Income (Loss) On Equity Invest.	1.47B	1.68B	4.4B	3.31B	3.28B
Currency Exchange Gains (Loss)	-211M	-2.55B	3.48B	4.87B	1.84B
Other Non Operating Income (Expenses)	-519M	624M	747M	457M	-211M
EBT, Excl. Unusual Items	199B	186B	248B	264B	310B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-2.36B	-2.39B	-1.5B	-627M	-1.12B
EBT, Incl. Unusual Items	196B	184B	246B	263B	309B
Income Tax Expense	46.1B	42.58B	60.77B	64.25B	72.34B
Earnings From Continuing Operations	150B	141B	185B	199B	237B
Net Income to Company	150B	141B	185B	199B	237B
Minority Interest	-4.3B	-4.74B	-5.04B	-5.86B	-8.08B
Net Income - (IS)	146B	137B	180B	193B	229B
Net Income to Common Incl Extra Items	146B	137B	180B	193B	229B
Net Income to Common Excl. Extra Items	146B	137B	180B	193B	229B
Per Share Items
Net EPS - Basic	469.85	440.28	580.73	621.17	736.86
Basic EPS - Continuing Operations	469.85	440.28	580.73	621.17	736.86
Basic Weighted Average Shares Outstanding	310M	310M	310M	310M	310M
Net EPS - Diluted	469.85	440.28	580.73	621.17	736.86
Diluted EPS - Continuing Operations	469.85	440.28	580.73	621.17	736.86
Diluted Weighted Average Shares Outstanding	310M	310M	310M	310M	310M
Normalized Basic EPS	386	359.97	482.22	511.76	598.65
Normalized Diluted EPS	386	359.97	482.22	511.76	598.65
Dividend Per Share	160	150	170	190	240
Payout Ratio	34.05	34.07	27.55	28.98	27.14
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	338B	329B	383B	427B	486B
EBITA	130B	120B	160B	170B	201B
EBIT	130B	120B	160B	170B	201B
Effective Tax Rate - (Ratio)	23.49	23.14	24.69	24.43	23.4
Normalized Net Income	120B	112B	150B	159B	186B
Non-Cash Pension Expense	9.25B	13.95B	13.7B	16.86B	20.24B
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	78.59B	76.78B	87.77B	105B	122B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	533B	592B	576B	623B	740B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	533B	592B	576B	623B	740B
Accounts Receivable, Total	867B	962B	1,121B	1,399B	1,639B
Other Receivables	13.76B	22.63B	28.91B	26.26B	14.49B
Total Receivables	881B	985B	1,150B	1,425B	1,653B
Inventory	256B	292B	434B	524B	619B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	69.94B	78.61B	95.71B	105B	117B
Total Current Assets	1,740B	1,948B	2,256B	2,677B	3,130B
Net Property Plant And Equipment	991B	1,043B	1,134B	1,238B	1,448B
Long-term Investments	2,163B	3,111B	3,801B	3,400B	5,911B
Goodwill	162B	171B	192B	232B	268B
Other Intangibles, Total	193B	193B	204B	237B	270B
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	30.88B	37.62B	39.91B	37.99B	51.6B
Other Long-Term Assets, Total	4M	5M	4M	2M	4M
Total Assets	5,280B	6,504B	7,627B	7,821B	11,078B
Liabilities
Accounts Payable, Total	519B	614B	746B	807B	877B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	148B	75.64B	182B	291B	221B
Current Portion of Long-Term Debt	181B	360B	286B	229B	204B
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	20.44B	22.79B	27.28B	29.7B	110B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	105B	117B	131B	160B	228B
Total Current Liabilities	974B	1,188B	1,373B	1,517B	1,639B
Long-Term Debt	1,011B	910B	922B	1,179B	1,282B
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	102B	105B	91.68B	81.42B	68.77B
Deferred Tax Liability Non Current	557B	855B	1,079B	953B	1,730B
Other Non Current Liabilities	116B	124B	140B	155B	205B
Total Liabilities	2,759B	3,181B	3,605B	3,886B	4,925B
Common Stock, Total	80.46B	80.46B	80.46B	80.46B	80.46B
Additional Paid In Capital	104B	102B	102B	101B	99.58B
Retained Earnings	1,268B	1,370B	1,515B	1,653B	1,990B
Treasury Stock	-59.31B	-59.32B	-59.34B	-59.34B	-59.37B
Comprehensive Income and Other	1,047B	1,743B	2,290B	2,062B	3,935B
Total Common Equity	2,439B	3,236B	3,929B	3,837B	6,046B
Minority Interest	81.73B	86.51B	93.45B	97.98B	108B
Total Equity	2,521B	3,323B	4,022B	3,935B	6,153B
Total Liabilities And Equity	5,280B	6,504B	7,627B	7,821B	11,078B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	310M	310M	310M	310M	310M
ECS Total Common Shares Outstanding	310M	310M	310M	310M	310M
Book Value / Share	7.85K	10.42K	12.65K	12.36K	19.47K
Tangible Book Value	2,084B	2,873B	3,533B	3,369B	5,508B
Tangible Book Value Per Share	6.71K	9.25K	11.38K	10.85K	17.74K
Total Debt	1,340B	1,345B	1,391B	1,699B	1,706B
Net Debt	806B	753B	815B	1,076B	966B
Debt Equivalent of Unfunded Proj. Benefit Obligation	78.15B	53.48B	32.45B	23.22B	-17.68B
Minority Interest, Total (Incl. Fin. Div)	81.73B	86.51B	93.45B	97.98B	108B
Equity Method Investments, Total	10.99B	16.81B	21.34B	23.99B	30.02B
Inventories - Raw Materials, Total	76.09B	80.61B	122B	132B	149B
Inventories - Work In Process, Total	59.41B	72.37B	109B	136B	143B
Inventories - Finished Goods, Total	120B	139B	203B	256B	328B
Inventories - Others	1M	1M	-	1M	2M
Full Time Employees	66.48K	66.95K	71.78K	74.89K	77.82K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	602B	1,042B	1,309B	1,414B	1,615B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	196B	184B	246B	263B	309B
Depreciation & Amortization - CF	208B	210B	224B	258B	285B
Depreciation & Amortization, Total	208B	210B	224B	258B	285B
(Gain) Loss From Sale Of Asset	2.5B	3.01B	2.37B	2.63B	5.98B
(Income) Loss On Equity Investments - (CF)	-1.47B	-1.68B	-4.4B	-3.31B	-3.28B
Other Operating Activities, Total	-39B	-52.16B	-60.92B	-66.25B	-79.64B
Change In Accounts Receivable	-55.6B	-40.04B	-81.25B	-225B	-82.98B
Change In Inventories	-20.2B	-20.67B	-111B	-70.21B	-28.39B
Change In Accounts Payable	24.18B	73.87B	93.54B	29.62B	7.69B
Change in Other Net Operating Assets	-1.81B	26.2B	12.5B	7.24B	30.08B
Cash from Operations	313B	382B	321B	195B	444B
Capital Expenditure	-216B	-222B	-237B	-290B	-349B
Sale of Property, Plant, and Equipment	14.84B	16.2B	16.42B	19.66B	28.02B
Cash Acquisitions	-1.28B	-714M	-14.9B	-36.49B	-7.92B
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	46.6B	-182B	25.02B	-88.74B	420B
Net (Increase) Decrease in Loans Originated / Sold - Investing	657M	-74M	-	-	-
Other Investing Activities, Total	-27.41B	-15.17B	-18.97B	-32.1B	-43.4B
Cash from Investing	-183B	-404B	-230B	-428B	47.9B
Short Term Debt Issued, Total	61.76B	64.35B	177B	254B	64.48B
Long-Term Debt Issued, Total	259B	229B	247B	458B	308B
Total Debt Issued	321B	294B	423B	712B	372B
Short Term Debt Repaid, Total	-21.26B	-79.5B	-85.74B	-158B	-174B
Long-Term Debt Repaid, Total	-217B	-184B	-365B	-296B	-316B
Total Debt Repaid	-238B	-263B	-450B	-454B	-490B
Repurchase of Common Stock	-9M	-14M	-18M	-5M	-24M
Common & Preferred Stock Dividends Paid	-49.68B	-46.57B	-49.68B	-55.89B	-62.1B
Common & Preferred Stock Dividends Paid	-49.68B	-46.57B	-49.68B	-55.89B	-62.1B
Other Financing Activities, Total	-40.51B	-89.3B	-15.56B	-18.06B	-29.86B
Cash from Financing	-7.09B	-105B	-92.11B	184B	-209B
Foreign Exchange Rate Adjustments	-4.5B	7.36B	9.67B	4.63B	12.11B
Miscellaneous Cash Flow Adjustments	-2M	-	-	3M	2M
Net Change in Cash	119B	-120B	8.84B	-44.35B	294B
Supplemental Items
Cash Interest Paid	6.04B	5.43B	5B	9.92B	18.11B
Cash Income Tax Paid (Refund)	39.15B	52.6B	61.51B	66.94B	78.97B
Levered Free Cash Flow	84.67B	17.24B	-89.77B	-213B	-67.06B
Unlevered Free Cash Flow	88.4B	20.64B	-86.73B	-207B	-56.45B
Change In Net Working Capital	-15.01B	41.62B	173B	281B	118B
Net Debt Issued / Repaid	83.1B	30.41B	-26.86B	258B	-118B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.54	1.27	1.41	1.37	1.33
Return on Total Capital	2.08	1.75	1.98	1.92	1.86
Return On Equity %	5.91	4.84	5.05	4.99	4.7
Return on Common Equity	5.93	4.82	5.03	4.97	4.63
Margin Analysis
Gross Profit Margin %	23.32	23.15	22.46	22.37	23.51
SG&A Margin	17.57	17.69	16.83	17.06	17.13
EBITDA Margin %	15.57	15.55	14.17	12.65	12.67
EBITA Margin %	5.97	5.65	5.9	5.02	5.23
EBIT Margin %	5.97	5.65	5.9	5.02	5.23
Income From Continuing Operations Margin %	6.92	6.68	6.85	5.88	6.18
Net Income Margin %	6.72	6.45	6.67	5.71	5.97
Net Avail. For Common Margin %	6.72	6.45	6.67	5.71	5.97
Normalized Net Income Margin	5.52	5.28	5.53	4.7	4.85
Levered Free Cash Flow Margin	3.9	0.81	-3.32	-6.31	-1.75
Unlevered Free Cash Flow Margin	4.07	0.97	-3.21	-6.13	-1.47
Asset Turnover
Asset Turnover	0.41	0.36	0.38	0.44	0.41
Fixed Assets Turnover	2.25	2.08	2.48	2.85	2.85
Receivables Turnover (Average Receivables)	2.54	2.32	2.6	2.68	2.52
Inventory Turnover (Average Inventory)	6.65	5.94	5.77	5.48	5.13
Short Term Liquidity
Current Ratio	1.79	1.64	1.64	1.76	1.91
Quick Ratio	1.45	1.33	1.26	1.35	1.46
Operating Cash Flow to Current Liabilities	0.32	0.32	0.23	0.13	0.27
Days Sales Outstanding (Average Receivables)	144.31	157.61	140.58	136.08	145.02
Days Outstanding Inventory (Average Inventory)	55.06	61.46	63.2	66.66	71.37
Average Days Payable Outstanding	112.05	124.21	110.78	104.43	101.84
Cash Conversion Cycle (Average Days)	87.32	94.86	93	98.32	114.55
Long Term Solvency
Total Debt/Equity	53.15	40.49	34.57	43.18	27.73
Total Debt / Total Capital	34.71	28.82	25.69	30.16	21.71
LT Debt/Equity	40.1	27.39	22.92	29.97	20.83
Long-Term Debt / Total Capital	26.18	19.5	17.03	20.93	16.31
Total Liabilities / Total Assets	52.26	48.92	47.27	49.68	44.46
EBIT / Interest Expense	21.75	22.04	32.8	16.78	11.81
EBITDA / Interest Expense	56.68	60.7	78.76	42.28	28.58
(EBITDA - Capex) / Interest Expense	20.46	19.73	30	13.59