Summary by Moomoo AI
Toyota Motor reported first-half FY2024 financial results with total revenue increasing 5.9% YoY to 23.28 trillion yen, while operating income declined 3.7% to 2.46 trillion yen. Net income decreased 29.5% to 1.87 trillion yen, with earnings per share of 142.15 yen compared to 191.26 yen in the previous year.The automotive segment posted revenue of 21.09 trillion yen with operating income of 2.07 trillion yen, while financial services revenue grew to 2.04 trillion yen with operating income of 332.49 billion yen. Regional performance showed operating income declines in Japan and North America, while Europe and Asia regions demonstrated growth.The company declared an interim dividend of 40 yen per share, payable on November 26, 2024. Additionally, Toyota recorded 230 billion yen in costs related to certification issues concerning vehicle engines of its subsidiary Hino Motors for the North American market.
