TOYOTA: 1st Quarter Earnings
Earnings Summary:
2024/3 Toyota $Toyota Motor (7203.JP)$ First Quarter Results: Operating Profit1.120.9 billion yen
In addition to improvements in semiconductor supply and demand that have continued for a long time, the number of units sold has increased in all regions since the same period last year due to productivity improvement activities that have been promoted together with suppliers.
Products were refined through years of “making better cars,” and as a result of setting prices according to each product power and carefully selling each car, the effects of soaring materials were absorbed, and profit increased from the same period last year.
While facing many difficulties, such as the spread of the novel coronavirus infection and production restrictions due to tight semiconductor supply and demand, etc., the results showed that employees at the site, including suppliers and dealers, each recognized and acted on what they should do, and created a management structure/profit structure that is resistant to crises.
We will continue to balance carbon neutrality initiatives and profit structure improvements,Promoting activities that “change the future of automobiles”I'm going to do it.
(The data in this post is taken from the official website, so for your reference.)
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