Toyota is the second largest car manufacturer on the Global 500 (after Volkswagen) and the largest Japanese company by revenue; it raked in $279.3 billion last year, up 9% from 2020. The easing of COVID restrictions globally boosted automobile sales, as consumers who had put off purchases during lockdowns finally took the plunge; those forces helped outweigh the effects of a shortage of semiconductors. Toyota's sales of industrial equipment—forklifts in particular—also boomed 25% to $12.9 billion. Most reassuring for Toyota may be its overall profitability; its profits rose 20% in 2021, signaling that the company was staying ahead of drastic increases in raw material costs.
Kiyoshi Ota—Bloomberg/Getty Images
Company Information
As of 8/3/2022
Country
Japan
Headquarters
Toyota
Industry
Motor Vehicles & Parts
CEO
Akio Toyoda
Website
Company Type
Public
Ticker
TM
Revenues ($M)
$279,337.7
Profits ($M)
$25,371.4
Market Value ($M)
$257,300
Employees
372,817
Figures prepared in accordance with International Accounting Standards. Figures are for fiscal year ended March 31, 2022. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)As of 8/3/2022
($ Millions)
% change
Revenues ($M)
$279,337.7
8.8%
Profits ($M)
$25,371.4
19.8%
Assets ($M)
$557,522.2
-
Total Stockholder Equity ($M)
$216,176.3
-
Profit RatiosAs of 8/3/2022
Profit as % of Revenues
9.1%
Profits as % of Assets
4.6%
Profits as % of Stockholder Equity
11.7%
Toyota Motor Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $256,721.7-6.5% | $21,180.113.1% | $562,994 | $211,614.3 |
| 2020 | $275,2881% | $19,096.212.4% | $487,465.9 | $185,626.1 |
| 2019 | $272,6122.8% | $16,982-24.6% | $469,295.6 | $174,827.4 |
| 2018 | $265,1724.1% | $22,510.133.2% | $473,133.2 | $176,206 |
| 2017 | $254,6947.7% | $16,899.3-12.3% | $437,575 | $157,210 |
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