v3.26.1
Segment information
12 Months Ended
Mar. 31, 2026
Text block 1 [Abstract]  
Segment information
5. Segment information
(1) Outline of reporting segments
The operating segments reported below are the segments of Toyota for which separate financial information is available and for which operating income/loss amounts are evaluated regularly by executive management in deciding how to allocate resources and in assessing performance.
The major portions of Toyota’s operations on a worldwide basis are derived from the Automotive and Financial services business segments. The Automotive segment designs, manufactures and distributes sedans, minivans, compact cars, SUVs, trucks and related parts and accessories. The Financial services segment consists primarily of financing and vehicle leasing operations to assist in the merchandising of Toyota’s products as well as other products. The All other segment includes telecommunications and other businesses.
(2) Segment information
As of and for the year ended March 31, 2024
 

 
  
Yen in millions
 
 
  
Automotive
 
  
Financial
services
 
  
All other
 
  
Inter-segment

Elimination/

Unallocated

Amount
 
 
Consolidated
 
Sales revenues
  
  
  
  
 
Revenues from external customers
  
 
41,080,731
 
  
 
3,447,195
 
  
 
567,399
 
  
 
— 
 
 
 
45,095,325
 
Inter-segment revenues and transfers
  
 
185,473
 
  
 
37,003
 
  
 
800,766
 
  
 
(1,023,242
)
 
 
— 
 
Total
  
 
41,266,204
 
  
 
3,484,198
 
  
 
1,368,164
 
  
 
(1,023,242
)
 
 
45,095,325
 
Operating expenses
  
 
36,644,729
 
  
 
2,914,175
 
  
 
1,192,923
 
  
 
(1,009,437
)
 
 
39,742,390
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Operating income
  
 
4,621,475
 
  
 
570,023
 
  
 
175,241
 
  
 
(13,805
 
 
5,352,934
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Total assets
  
 
29,351,344
 
  
 
43,834,183
 
  
 
3,011,363
 
  
 
13,917,406
 
 
 
90,114,296
 
Investments accounted for using the equity method
  
 
5,114,364
 
  
 
110,308
 
  
 
282,888
 
  
 
202,546
 
 
 
5,710,106
 
Depreciation and amortization
  
 
1,268,479
 
  
 
784,013
 
  
 
34,574
 
  
 
— 
 
 
 
2,087,066
 
Capital expenditures
  
 
2,011,361
 
  
 
2,763,931
 
  
 
103,242
 
  
 
(30,492
)
 
 
4,848,042
 
 
 
As of and for the year ended March 31, 2025
 

 
  
Yen in millions
 
 
  
Automotive
 
  
Financial
services
 
  
All other
 
  
Inter-segment

Elimination/

Unallocated

Amount
 
 
Consolidated
 
Sales revenues
  
  
  
  
 
Revenues from external customers
  
 
42,996,299
 
  
 
4,437,827
 
  
 
602,578
 
  
 
— 
 
 
 
48,036,704
 
Inter-segment revenues and transfers
  
 
203,566
 
  
 
43,353
 
  
 
844,536
 
  
 
(1,091,455
)
 
 
— 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Total
  
 
43,199,865
 
  
 
4,481,180
 
  
 
1,447,114
 
  
 
(1,091,455
)
 
 
48,036,704
 
Operating expenses
  
 
39,259,587
 
  
 
3,797,661
 
  
 
1,265,920
 
  
 
(1,082,050
)
 
 
43,241,118
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Operating income
  
 
3,940,278
 
  
 
683,519
 
  
 
181,194
 
  
 
(9,405
 
 
4,795,586
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Total assets
  
 
30,117,987
 
  
 
46,770,786
 
  
 
2,884,421
 
  
 
13,828,157
 
 
 
93,601,350
 
Investments accounted for using the equity method
  
 
5,201,784
 
  
 
112,640
 
  
 
309,121
 
  
 
174,505
 
 
 
5,798,051
 
Depreciation and amortization
  
 
1,378,107
 
  
 
838,167
 
  
 
34,958
 
  
 
— 
 
 
 
2,251,233
 
Capital expenditures
  
 
2,193,872
 
  
 
3,687,890
 
  
 
100,941
 
  
 
8,565
 
 
 
5,991,268
 
As of and for the year ended March 31, 2026
 
 
  
Yen in millions
 
 
  
Automotive
 
  
Financial
services
 
  
All other
 
  
Inter-segment

Elimination/

Unallocated

Amount
 
 
Consolidated
 
Sales revenues
  
  
  
  
 
Revenues from external customers
  
 
45,201,924
 
  
 
4,819,003
 
  
 
664,026
 
  
 
— 
 
 
 
50,684,952
 
Inter-segment revenues and transfers
  
 
215,779
 
  
 
38,112
 
  
 
987,387
 
  
 
(1,241,278
 
 
— 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Total
  
 
45,417,703
 
  
 
4,857,115
 
  
 
1,651,412
 
  
 
(1,241,278
)
 
 
50,684,952
 
Operating expenses
  
 
42,640,654
 
  
 
4,005,394
 
  
 
1,519,333
 
  
 
(1,246,644
)
 
 
46,918,736
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Operating income
  
 
2,777,049
 
  
 
851,722
 
  
 
132,079
 
  
 
5,366
 
 
 
3,766,216
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Total assets
  
 
33,182,372
 
  
 
53,741,709
 
  
 
4,066,133
 
  
 
14,532,118
 
 
 
105,522,331
 
Investments accounted for using the equity method
  
 
4,763,577
 
  
 
124,393
 
  
 
304,242
 
  
 
150,336
 
 
 
5,342,548
 
Depreciation and amortization
  
 
1,417,242
 
  
 
920,432
 
  
 
54,846
 
  
 
— 
 
 
 
2,392,519
 
Capital expenditures
  
 
2,453,641
 
  
 
3,511,937
 
  
 
64,749
 
  
 
29,452
 
 
 
6,059,779
 
Accounting policies applied by each segment are in conformity with those of Toyota’s consolidated financial statements. Transfers between industry segments are made at individually negotiated prices.
Unallocated amounts included in assets represent assets held for corporate purposes, which mainly consist of cash and cash equivalents and financial assets measured at fair value through other comprehensive income, and balances as of March 31, 2024, 2025 and 2026 are
¥15,790,074 million, ¥15,643,613 million and ¥16,571,156 million, respectively.
 
 
(3) Geographic information
Revenues from external customers and
non-current
assets attributable to each country, including the entity’s country of domicile and foreign countries, for the years ended March 31, 2024, 2025 and 2026 are as follows:
Revenues from external customers
 

 
  
Yen in millions
 
 
  
For the years ended March 31,
 
 
  
2024
 
  
2025
 
  
2026
 
Japan
  
 
10,193,556
 
  
 
10,719,120
 
  
 
10,985,614
 
United States
  
 
15,784,361
 
  
 
16,981,710
 
  
 
18,493,969
 
Other
  
 
19,117,407
 
  
 
20,335,874
 
  
 
21,205,369
 
  
 
 
 
  
 
 
 
  
 
 
 
Total
  
 
45,095,325
 
  
 
48,036,704
 
  
 
50,684,952
 
  
 
 
 
  
 
 
 
  
 
 
 
Non-current
assets
 

 
  
Yen in millions
 
 
  
March 31,
 
 
  
2024
 
  
2025
 
  
2026
 
Japan
  
 
5,827,404
 
  
 
6,246,879
 
  
 
6,525,712
 
United States
  
 
6,679,478
 
  
 
7,242,318
 
  
 
8,388,696
 
Other
  
 
3,979,378
 
  
 
4,214,833
 
  
 
4,874,091
 
  
 
 
 
  
 
 
 
  
 
 
 
Total
  
 
16,486,260
 
  
 
17,704,029
 
  
 
19,788,499