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    7203   JP3633400001

TOYOTA MOTOR CORPORATION

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Toyota Motor : Releases Sales, Production, and Export Results for the First Half of 2021

07/29/2021 | 02:28am EDT

Toyota City, Japan, Jul 29, 2021 - (JCN Newswire) - - Toyota Motor Corporation (TMC) announces its sales, production, and export results for June 2021 as well as the cumulative total from January to June, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.

Global Sales

- Global sales in the first half of 2021 were 5.005 million units (up 32.7 percent compared to 2020 and up 4.5 percent compared to 2019). This result was driven primarily by sales in North America and China.

- Sales in North America were driven by solid sales in the U.S. of light trucks including the Highlander, HEVs including the Venza, and sedans including the Camry.

- In China, the market was solid and sales of the Corolla, Levin, Camry, Avalon, and Lexus brand vehicles were strong.

Global Production

- Global production in the first half of 2021 was approximately 4.517 million units (up 36.3 percent compared to 2020 and down 2.7 percent compared to 2019). This result was driven primarily by production in China.

- In China, strong sales of the Levin, Avalon, and other models contributed to the production results.

Other Topics

- The ratio of electrified vehicles in global sales increased from approximately 21 percent in the first half of 2020 to approximately 26 percent in the first half of 2021. This increase was driven primarily by increases in North America, Europe, and China.

Copyright 2021 JCN Newswire . All rights reserved.

© Japan Corporate News, source JCN Press Releases

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Financials
Sales 2022 31 153 B 283 B 283 B
Net income 2022 2 666 B 24 233 M 24 233 M
Net Debt 2022 17 313 B 157 B 157 B
P/E ratio 2022 10,6x
Yield 2022 2,85%
Capitalization 27 779 B 253 B 253 B
EV / Sales 2022 1,45x
EV / Sales 2023 1,38x
Nbr of Employees 366 283
Free-Float 71,1%
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 10 020,00 JPY
Average target price 11 236,84 JPY
Spread / Average Target 12,1%
EPS Revisions
Managers and Directors
Akio Toyoda Executive President, CEO & Representative Director
Kenta Kon CFO, Director & Chief Officer-Accounting Group
Takeshi Uchiyamada Chairman
Keiji Yamamoto Chief Information, Security & Software Officer
Seiji Sakai Manager-Information Systems & IT Management
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