Data

Consolidated 10-Year Financial Summary
FY2013

FY2014FY2015FY2016FY2017

689,477

727,846

781,886

755,601

806,938

Operating profit

43,79841,60342,82440,675

41,136

Japanese GAAP(FY ended(FY ended(FY ended(FY ended(FY ended
March 31, 2014) March 31, 2015) March 31, 2016) March 31, 2017) March 31, 2018)

Management Results Sales

Financial State

Ordinary profit

45,847

43,792

41,49039,007

43,200

Profit before income taxes and other adjustments

46,101

39,851

36,71031,28835,775

Net profit attributable to owners of parent

26,21421,155

20,255

16,233

21,175

Cash and cash equivalents

92,36485,28378,38897,553

104,309

Current assets

279,281291,246

281,212305,273

328,524

Property, plant and equipment

210,214250,557

241,408

245,666

259,537

Non-current assets

262,596

316,926

306,160

315,425

333,819

Total assets

541,877

608,172

587,373

620,699

662,388

39,06941,84821,07331,762

43,722

168,136

180,795

162,592

170,574

189,075

Short-term borrowings*Current liabilities
Bonds payable

Cash Flow

Key Indicators−−−−

10,000Long-term borrowings

31,13842,92944,691

57,26154,458Fixed liabilities

73,462

88,902

96,937

110,663

119,403

Total liabilities

241,598

269,697259,530

281,237

308,479

Shareholders’ equity

275,840

289,321

301,756

311,127

324,890

Reference: Interest-bearing debt

70,207

84,77765,76589,023

108,181

Cash flow from operating activities

55,44851,283

77,76560,40160,848Cash flow from investing activities(45,680)(62,432)(56,261)(82,131)(39,201)

Cash flow from financing activities

(732)

(238)

(24,736)

14,794

6,541

Ratio of net profit to sales (%)

3.8

2.9

2.6

2.1

2.6

Total asset turnover (times)

1.34

1.27

1.31

1.25

1.26

Equity ratio (%)

51.6

51.6

51.7

50.7

49.6

ROE (%)Per Share
Information

9.8

7.1

6.6

5.2

6.6

Capital investment

43,08564,73354,49855,21864,816

Depreciation and amortization

38,74339,353

44,46240,902

44,037

R&D expenses

29,17029,57928,40927,164

27,864

Number of employees at end of term(consolidated)

31,672

34,75435,90336,67938,234

Dividend per share (Yen)

56.00

56.00

56.00

53.00

56.00

Basic earnings per share (EPS) (Yen)

202.54163.44156.49125.42163.60

Dividend payout ratio (%)

27.65

34.26

35.79

42.26

34.23

* Including current portion of long-term borrowings and current portion of bonds payable

90About Toyoda Gosei

Value Creation Story

Value Creation Strategy

Foundation of Value Creation

Data(Millions of yen) (Amounts are rounded down to the nearest million yen)

FY2017FY2018FY2019FY2020

FY2021

FY2022

Revenue

807,958

840,714

812,937

721,498

830,243

951,877

Operating profit

35,17936,525

17,88836,47934,17235,069Pre-tax profit

35,50737,356

16,10637,301

37,69635,323

Net income attributable to owners of parent

21,361

23,30911,22635,20523,352

16,004

International Financial ReportingStandards (IFRS)(FY ended(FY ended(FY ended(FY ended(FY ended(FY ended
March 31, 2018) March 31, 2019) March 31, 2020) March 31, 2021) March 31, 2022) March 31, 2023)

Cash and cash equivalents

97,991

107,311

127,930

134,003

109,145

105,268

Current assets

357,666

382,106

359,565

380,578425,165

419,108

Property, plant and equipment

241,581257,728

273,479

290,246

316,901

327,838

Non-current assets

321,819

326,023

349,619394,577

434,137

446,192

Total assets

679,485

708,129

709,185

775,155

859,302865,300

Borrowings

43,72232,39644,657

42,83543,92432,906

Current liabilities

195,392

194,309

180,653

185,535

209,396

196,047

Bonds and borrowings

64,511

93,089103,399

109,379

129,772

130,116

Non-current liabilities

118,435

133,674

158,256

169,164

187,111

182,885

Total liabilities

313,828

327,983

338,909354,700

396,508

378,932

Reference: Interest-bearing debt

108,233

125,486

148,057

152,215

173,696

163,022

Cash flow from operating activities

44,00457,46365,247

67,24727,65853,973

Cash flow from investing activities(21,832)(55,491)(54,174)(49,949)(59,427)(31,952)

Cash flow from financing activities

5,966

7,749

12,525(13,065)

2,206(28,558)

Ratio of profit to revenue (%)

2.6

2.8

1.4

4.9

2.8

1.7

Total asset turnover (times)

1.23

1.21

1.15

0.97

1.02

1.10Ratio of equity attributable to owners of parent (%)

50.1

50.0

48.7

50.5

49.9

51.8

ROE (%)

6.4

6.7

3.2

9.6

5.7

3.6

Capital investment

53,411

46,891

41,83546,58949,74948,897

Depreciation and amortization

32,54532,92735,32335,52738,49944,814R&D expenses

27,68430,02531,37431,00033,54334,254

Number of employees at end of term
(consolidated)

38,23439,42939,40338,82339,511

38,942

Dividend per share (Yen)

56.00

60.00

60.00

60.00

60.00

60.00

Basic earnings per share (EPS) (Yen)

165.04180.0986.74

271.99180.39123.62

Dividend payout ratio (%)

33.93

33.32

69.17

22.06

33.26

48.55

Equity attributable to owners of parent

T OYODA GOSEI REP OR T 20 2391