Toyota 2006 Annual Report Download - page 14

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12
[ Management Orientation and Targets ]
What direction is Toyota moving in and what kind of com-
pany do you want Toyota to be?
I want Toyota to be a highly ambitious company that can
continue to grow.
In terms of scale, Toyota has already become a giant corporation.
Nevertheless, I want Toyota to be a company that can continue to grow.
Faced with the large potential that a growing automobile industry pre-
sents, my aim is to move forward based on the unwavering, passionate
conviction that we are the industry’s vanguard. The moment a company
loses its appetite for growth is the moment it takes the first step on the
road to decline.
In addition, I want us to be a company that has large ambitions and
works to achieve them. I have often said that we aim to give the world
dream cars that, for example, make the air cleaner the more they run or do
not cause accidents or injure people. Toyota’s mission is to realize such
high ambitions. I firmly believe that tireless initiatives to make such dreams
a reality fuel Toyota’s development.
Would you give an overview of Toyota’s operational plans
and expected business results?
We will target higher revenues and earnings through efforts
focused on core global models, including increased sales of
the Corolla, Camry, Yaris (Vitz in Japan), and the IMV series.
Toyota will also continue to steadily grow sales of hybrid vehicles and
Lexus-brand vehicles. We will leverage the strong product appeal of our
core global models—which account for more than 30% of consolidated
vehicle sales—to step up marketing initiatives. In line with this strategy, we
have already launched a completely remodeled Camry, which was the
result of a successful development project tasked with achieving a simulta-
neous worldwide production start-up. (see the The Camry Challenge section on
page 16 for further details)
In light of those plans, in the current fiscal year, ending March 31,
2007, we anticipate a 476,000-unit increase in consolidated vehicle sales
from fiscal 2006, to 8.45 million units. However, we are pursuing manage-
ment quality and such increased volume is merely an outcome.
In consolidated business results, we anticipate net revenues of ¥22.30
trillion, operating income of ¥1.90 trillion, and net income of ¥1.31 trillion.
6,000
4,000
2,000
8,000
10,000
’02 ’03 ’04 ’05 ’06
0
Consolidated Vehicle Sales
(Thousands of units)
FY
A
Q
Q
A