Toyota Motor Corporation <4058> announced its consolidated financial results for the third quarter of the fiscal year ending December 2024 (January-September 24). Revenue was 2.25 billion yen, operating profit was 0.841 billion yen, ordinary profit was 0.842 billion yen, and quarterly net profit attributable to parent company shareholders was 0.582 billion yen. Since they have been preparing quarterly consolidated financial statements since the first quarter of the fiscal year ending December 2024, the year-on-year quarterly growth rates are not provided.

The 'Safety Confirmation Service' provided by the company is a cloud service that automatically confirms the safety of employees and others in times of disaster. In emergencies, it can be utilized for employee health management by informing them of appropriate prevention methods, regularly reporting body temperatures, as well as verifying concerns about delivery schedules in the supply chain, serving as a business continuity plan (BCP) measure. The company recognizes that there will be an increasing opportunity to use the service in the future. As of September 2024, the number of contracts has exceeded 4,000, and efforts are being made to increase awareness and promote the safety confirmation service through transportation advertising, internet advertising, television commercials, and participation in exhibitions.

The 'Kintone Integration Service' provided by the company collaborates with Cybozu <4776>'s 'Kintone' to create a cloud service that enhances the convenience of using 'Kintone'. The number of users utilizing the 'Toyokumo kintoneApp Authentication', a function that enables secure and easy information sharing with external business partners and customers who do not have a 'Kintone' account, exceeded 0.5 million people as of September 2024.

The 'Toyokumo Scheduler' provided by the company is a new concept scheduler that allows scheduling with both internal and external individuals, in addition to the traditional group scheduler for internal schedule coordination. As the service is intended for scheduling purposes, it can be used across industries and scales. Though there are many competitors, the company believes that the market size is large, and therefore, efforts have been made to increase awareness through internet advertising and other means.

The subsidiary established in November 2023, Toyokumo Cloud Connect, aims to develop and provide a package product combining multiple cloud services, including kintone, targeting local governments and large corporations as the main customers. Unlike services for IT beginners that are simple and inexpensive, the focus is on utilizing SaaS to develop services that enable low-cost system construction and business efficiency improvement. This is a shift from utilizing BPO services for projects in the past.

Regarding the full-year results for the fiscal year ending December 2024, the upward revision of the consolidated performance forecast was announced on the same day. Revenue is expected to be 3.1 billion yen (3.3% increase from the previous forecast), operating profit of 1.1 billion yen (10.0% increase), ordinary profit of 1.1 billion yen (10.0% increase), and quarterly net profit attributable to parent company shareholders of 0.76 billion yen (10.1% increase).