Outline of Consolidated Results for the Three Months ended June 30, 2022[PDF:75.5KB]

Outline of Consolidated Results for the

Three Months ended June 30, 2022 (IFRS)

Consolidated		Three	Three	Year-on-year change
	Months	Months		Main factors behind year-on-year
Operating
	ended June	ended June	Amount	%		changes
Results
	30, 2021	30, 2022

							July 29, 2022
							Toyota Tsusho Corporation
							(Unit: Billion yen)
		As of	As of	Change over the end of the
Consolidated		previous fiscal year		Main factors behind year-on-year
	March 31,	June 30,
Financial Position		Amount	%		changes
	2022	2022

Revenue

Gross profit

SG&A expenses

Other income

(expenses)

Operating profit

Interest income

(expenses)

Dividend income

Other finance income

(costs)

Share of profit (loss) of

investments accounted for using the equity method

Profit before income taxes

Income tax expense

Profit for the period

Profit attributable to owners of the parent

Total comprehensive income (attributable to owners of the parent)

Divisions

Metals

Global Parts &

Logistics

																Gross profit +55.0 billion yen
																Increased largely due to increase in
																automotive sales volume, higher metal
																market prices and rising electricity
																prices in Europe.
1(0		(10.6)	50(1				－		Operating profit +26.4 billion yen
		1									6					Increased largely due to increase in
(3		)		0)(5		1)(1						gross profit, which offset higher selling,
			2,375.6	5503
84	.	0		239		55	.	0				－		general and administrative expenses.
				.9%92		【		】
1)(0	0)(126		20							Profit attributable to owners of the
07(1,872					8		1)							parent		+18.1 billion yen
															Increased largely due to increase in
57			910
					4							operating profit as well as increases in
.75			3102		4.26	34.7%		dividend income and share of profit
0				【			】
88			6120		632	36.9%
																(loss) of investments accounted for
		9)		12.1		53
										using the equity method.
68										【	】
756			874		18 1		02
265		1	76	1	51	8%170
Three				Three	Year-on-year change			Main factors behind year-on-year
Months				Months
			1)(10				－
(23			)	)(33							changes in profit attributable to owners
ended June	ended June
Amount		%							of parent
30, 2021	5		30, 2022		422		84
64				9 86
*The top row for each division indicates gross profit; the bottom row indicates profit attributable to owners of parent.
										3		.		%		Increased largely due to higher market prices and
531			545								increase in trading volume of automobile production-
																related products in Asia / Oceania.
																Increased largely due to increase in trading volume of
							50 . 14	9% . 4 4 3%		automotive parts in Asia / Oceania.

			Total assets
			(Current assets)
			(Non-current assets)				3958 .	29..4,2426,564		9..8283421	2%..9%76
			Total equity
Net interest-bearing
			debt
		Debt-equity ratio				.1
			(times)									.70
						.70
Consolidated Cash		Three Months	Three Months	Year-on-year
							ended June 30,	ended June 30,			137		3%6
			Flow Position		71846,143		6322
				20 1		2022	.2		change
							8942							4162	8
	1. Cash flows from		2.2381,	33542,105		1.116	.4%9
	operating activities
				19 . 3								2)(12
	2. Cash flows from														.0304
	investing activities				6)		(		3)8
1-2: Free cash flow
		Cash flows from
	financing activities		9)(26					943			8.70
		Consolidated			Year ended	Year ending			Year-on-year change		(reference)
							Previous forecast for
Financial Results											.926
	Mar. 31, 2022	Mar. 31, 2023
										year ending Mar. 31,
					%				2023
			Forecasts			(results)	(forecast)			Amount
										(released on Apr. 28)
					*The top row for each division indicates gross profit; the bottom
					row indicates profit attributable to owners of the parent.
									5					4)(1				9)(7
			Metals		133.1		125.0					(8.1)	(6.1%)		125.0
			72.9			53.0					(19.9) (27.4%)		53.0
			Global Parts		81.4			90.0					8.6	10.5%		90.0
D		& Logistics			25.6			28.0					2.4	9.3%		28.0
i			Automotive		96.5		102.0					5.5	5.6%		102.0
v			28.5			30.0					1.5	5.1%		30.0
i			Machinery,	72.6			92.0					19.4	26.7%		87.0

	Current assets +283.9 billion yen
	【		】				+178.2 billion yen
	Inventories
	・						+78.4 billion yen
	Cash and cash equivalents
	Non-current assets		+137.9 billion yen
	Property, plant and equipment	+62.9 billion yen
	Other investments					+22.6 billion yen
	Investments accounted for using
	the equity method					+21.9 billion yen
	Total equity +162.4 billion yen
	【	】
	Exchange differences on translation
	・						+82.2 billion yen
	of foreign operations
	Retained earnings					+42.3 billion yen
	Non-controlling】interests	+17.3 billion yen
	Financial assets measured at FVTOCI	+16.5 billion yen
		Main factors behind year-on-year
					changes
Cash flows from operating activities
	Profit before income taxes and increase in working
	capital
Cash flows from investing activities 】
【	Purchase of property, plant and equipment
Cash flows from financing activities】
	Increase in borrowings
		Dividend Per			Year ended	Year ended	Year ending
				March 31,	March 31,	March 31,
		Share
					2021	2022	2023
		Interim				50 yen	70 yen	81 yen
					(forecast)
		Full year				112 yen	160 yen	162 yen
					(forecast)
		Payout ratio				29.3%	25.3%	27.1%
		(consolidated)				(forecast)

Automotive

Machinery, Energy

& Project

Chemicals & Electronics

Food & Consumer

Services

Africa

Total

												Increased largely due to increase in sales volume
	7	31		10	6							handled by overseas automotive dealerships mainly in
		61									Asia / Oceania.
		6	3	22				Increased largely due to rising electricity prices in
			8%
9519		1	143		1%	×	Europe.
315
	2.	24.7									Decreased largely due to decreases in trading volume in
									the electronics business and chemicals business as a
0.34	240	2.6	18				result of declining automobile production in Japan and
67	08		4	50				North America.
20	0								Decreased largely due to higher transportation costs in
		4		3)			7		the food business in South America.
	27	3	7	.3	35		2%
645		4)		6%		Increased largely due to growth in automotive sales
059	13	2	9	.		volume.
	8		0	4
	239	0	5%.9%72
0184		55	3			9%
		12.3
784261	02(	6	45.0%)12(9
07	28

s	Energy & Project		21.2	23.0	1.8	8.5%		20.0
i
Chemicals	133.8	136.0	2.2	1.6%	136.0
o
& Electronics
n
	43	43.0	0.0	0.0%		43.0
s	Food &	47.2	48.0	0.8	1.7%	53.0
	Consumer
		5.4	7.0	1.6	27.5%		10.0
	Services
	Africa		198.4	209.0	10.6	5.3%	209.0
		26.0	28.0	2.0	7.7%		28.0
C	Gross profit	759.2	800.0	40.8	5.4%	800.0
o
				310.0	15.9	5.4%	310.0
r	Operating profit	294.1
p
o	Profit before	330.1	330.0	(0.1)	(0.0%)	330.0
r	income taxes
a	Profit	248.6	237.0	(11.6)	(4.7%)	237.0
t
e	Profit attributable to	222.2	210.0	(12.2)	(5.5%)	210.0
	owners of the parent

Changes in

Major Indexes

		3M
rate	Yen / US	average
dollar	End of
Exchange		the year
	3M
	Yen /	average
	Euro	End of
		the year
rate	Yen TIBOR 3M
average
Interest
US dollar LIBOR
	3M average

Dubai oil (US dollars / bbl.)

Corn futures (cents / bushel)

Three Months ended	Three Months ended
June 30, 2021	June 30, 2022
(As of March 31,	(As of June 30,
2022)	2022)

109	130
(122)	137
(137)	143
.07% 0	07% 0.
16%	52% 1
132661	108778
138