TOYOTA INDUSTRIES CORPORATION
6201・Prime Market・Transportation Equipment
Automobile
Toyota Industries' core segment centered on Toyota-affiliated automotive parts
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (external customers) | ¥1,190,313 million | ¥1,160,238 million | ↑ |
| Total segment sales (including internal) | ¥1,212,491 million | ¥1,179,801 million | ↑ |
| Segment operating profit | ¥17,144 million | ¥45,057 million | ↓ |
| Segment assets | ¥1,018,817 million | ¥941,687 million | ↑ |
Business Details
Manufactures and sells Vehicles (Toyota RAV4, etc.), Engines (Gasoline/Diesel), Car Air Conditioning Compressor, and electronics and batteries. Major customers are Toyota Motor Corporation and DENSO CORPORATION, and the segment adopts a build-to-forecast production system based on production plans provided by these customers. Expansion of electrification-related products, such as electric compressors and on-board chargers/batteries, continues to progress. Segment sales account for approximately 27% of consolidated total.
Recent Overview
Sales increased year on year, but operating profit deteriorated sharply, down 62%, due to certification-related expenses and other factors
In FY2026 (ending March 2026), Automobile segment sales were ¥1,190,313 million (up approximately ¥30,075 million, or 3%, year on year), while operating profit fell sharply to ¥17,144 million, down ¥27,913 million (62%) year on year. The main causes were increased engine certification-related expenses and increased costs including personnel expenses and R&D expenses. Electrification-related products such as on-board chargers and batteries achieved higher sales, but this was not enough to absorb the cost increases.
Key Products
Growth Drivers
- Expansion of electrification-related products such as electric compressors, on-board chargers, and batteries
- Increased sales of diesel engines and positive impact from foreign exchange rate fluctuations
- Stable supply relationships with Toyota Motor Corporation and DENSO CORPORATION (sales to major customers increased year on year)
- Growing demand for on-board chargers, batteries, etc. in the Electronics and Others category (up 7% year on year)
Risks
- Increased costs stemming from engine certification issues (certification-related expenses significantly weighed on operating profit for the period)
- Decline in unit sales of Car Air Conditioning Compressor (sales were offset by foreign exchange effects, but unit volume declined)
- Risk of temporary fluctuations in production volume associated with events such as the full model change of the Toyota RAV4
- Continued increase in various expenses, including personnel expenses, R&D expenses, and depreciation
- Impact on parts and product costs from the continuation of US tariff measures
- Risk related to the planned delisting on June 1, 2026 following the success of the tender offer by Toyota Asset Preparation Co., Ltd., and changes to the business continuity framework
Last updated: June 26, 2026