[Toyota Motor Corporation] Recognition of Gains on Sale of Affiliates’ Shares | 2026-06-15

Performance Overview

Toyota Motor Corporation is projected to record approximately JPY 1,206.3 billion as gains on sale of affiliates' shares in the fiscal year ending March 2027. The impact on consolidated results is estimated at around JPY 576.9 billion, which is expected to substantially boost net income attributable to owners of the parent and operating income. The sale is conditioned on completion of the squeeze-out procedures for Toyota Industries Corporation, which was reported completed in June 2026. This is expected to improve the company's capital efficiency and financial condition.

Future Outlook and Impact

The recognition of gains on sale of affiliates' shares has already been reflected in the consolidated earnings forecast for the fiscal year ending March 2027. The recording of these gains aims to enhance capital efficiency as part of the company's financial strategy and could positively influence future investments and dividend policies. For shareholders, the sale of shares as part of capital policy is expected to improve corporate value and reinforce shareholder returns.