Toyota Motor Company Financial Analysis
Introduction
For my project I have chosen a Toyota Motor Corporation (TMC) an international automobile manufacturer. In addition, Toyota provides retail and wholesale financing, retail leasing and certain other financial services primarily to its dealers and their customers related to vehicles manufactured by Toyota. The major portions of Toyota 's operations on a worldwide basis are derived from the Automotive and Financial Services business segments. The Company also has an All Other segment, which includes its non-automotive business activities. The most significant of Toyota 's other operations are its information technology (IT)-related businesses and pre-fabricated housing.
The company was established in 1937. The Toyota group manufactures automobiles in 25 countries and regions throughout the world and its vehicles are sold in more than 160 countries and regions under the Toyota, Lexus, Daihatsu, and Hino brand. Recently the company created a new brand Scion. This new line of automobiles was developed for the young generation. In the fiscal year ended March 31, 2002, TMC and its subsidiaries sold over 5.54 million passenger cards, trucks and buses worldwide. In terms of vehicles sold, Toyota is the No. 3 automobile manufacturer. The Company operates through 500 consolidated subsidiaries and 225 affiliated companies.
Toyota 's business philosophy is to achieve stable, long-term growth, through the development of business activities that contribute to society by recognizing the importance of harmonious relationships between individuals, society and global environment, and the world economy. TMC invented and turned into perfection a number of successful management concepts as just-in-time production, doctrine of kaizen, and total production system.
TMC accounting periods are ending on the March 31 instead of December 31. The consolidated financial analyzed in this project come from the year ended March 31, 2003. I also used some data from the previous
For my project I have chosen a Toyota Motor Corporation (TMC) an international automobile manufacturer. In addition, Toyota provides retail and wholesale financing, retail leasing and certain other financial services primarily to its dealers and their customers related to vehicles manufactured by Toyota. The major portions of Toyota 's operations on a worldwide basis are derived from the Automotive and Financial Services business segments. The Company also has an All Other segment, which includes its non-automotive business activities. The most significant of Toyota 's other operations are its information technology (IT)-related businesses and pre-fabricated housing.
The company was established in 1937. The Toyota group manufactures automobiles in 25 countries and regions throughout the world and its vehicles are sold in more than 160 countries and regions under the Toyota, Lexus, Daihatsu, and Hino brand. Recently the company created a new brand Scion. This new line of automobiles was developed for the young generation. In the fiscal year ended March 31, 2002, TMC and its subsidiaries sold over 5.54 million passenger cards, trucks and buses worldwide. In terms of vehicles sold, Toyota is the No. 3 automobile manufacturer. The Company operates through 500 consolidated subsidiaries and 225 affiliated companies.
Toyota 's business philosophy is to achieve stable, long-term growth, through the development of business activities that contribute to society by recognizing the importance of harmonious relationships between individuals, society and global environment, and the world economy. TMC invented and turned into perfection a number of successful management concepts as just-in-time production, doctrine of kaizen, and total production system.
TMC accounting periods are ending on the March 31 instead of December 31. The consolidated financial analyzed in this project come from the year ended March 31, 2003. I also used some data from the previous