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72 TOYOTA Annual Report 2008
Financial Section
Consolidated Segment Information
Toyota Motor Corporation
Fiscal years ended March 31
Yen in millions % change
2003 2004 2005 2006 2007 2008 2007 vs 2008
Business Segment:
Net Revenues:
Automotive............................. ¥14,311,451 ¥15,973,826 ¥17,113,535 ¥19,338,144 ¥21,928,006 ¥24,177,306 +10.3
Financial Services................... 724,898 736,852 781,261 996,909 1,300,548 1,498,354 +15.2
All Other ................................. 795,217 896,244 1,030,320 1,190,291 1,323,731 1,346,955 +1.8
Intersegment Elimination...... (330,013) (312,162) (373,590) (488,435) (604,194) (733,375)
Consolidated...................... ¥15,501,553 ¥17,294,760 ¥18,551,526 ¥21,036,909 ¥23,948,091 ¥26,289,240 +9.8
Operating Income:
Automotive............................. ¥1,246,925 ¥1,518,954 ¥1,452,535 ¥1,694,045 ¥2,038,828 ¥2,171,905 +6.5
Financial Services................... 30,328 145,998 200,853 155,817 158,495 86,494 -45.4
All Other ................................. 4,529 15,247 33,743 39,748 39,679 33,080 -16.6
Intersegment Elimination...... (10,136) (13,309) (14,944) (11,268) 1,681 (21,104)
Consolidated...................... ¥1,271,646 ¥1,666,890 ¥1,672,187 ¥1,878,342 ¥2,238,683 ¥2,270,375 +1.4
Geographic Segment:
Net Revenues:
Japan....................................... ¥10,845,627 ¥11,589,987 ¥12,004,155 ¥13,111,457 ¥14,815,282 ¥15,315,812 +3.4
North America........................ 6,218,839 6,127,639 6,373,453 7,687,942 9,029,773 9,423,258 +4.4
Europe .................................... 1,599,821 2,164,341 2,479,427 2,727,409 3,542,193 3,993,434 +12.7
Asia.......................................... — 1,243,521 1,625,422 2,042,806 2,225,528 3,120,826 +40.2
Other....................................... 1,546,744 1,118,362 1,183,702 1,601,736 1,922,742 2,294,137 +19.3
Intersegment Elimination...... (4,709,478) (4,949,090) (5,114,633) (6,134,441) (7,587,427) (7,858,227)
Consolidated...................... ¥15,501,553 ¥17,294,760 ¥18,551,526 ¥21,036,909 ¥23,948,091 ¥26,289,240 +9.8
Operating Income:
Japan....................................... ¥ 944,290 ¥1,108,127 ¥ 987,242 ¥1,075,890 ¥1,457,246 ¥1,440,286 -1.2
North America........................ 279,988 390,977 447,559 495,638 449,633 305,352 -32.1
Europe .................................... 8,305 72,475 108,541 93,947 137,383 141,571 +3.0
Asia.......................................... 60,277 93,772 145,546 117,595 256,356 +118.0
Other....................................... 45,626 36,636 47,454 67,190 83,497 143,978 +72.4
Intersegment Elimination...... (6,563) (1,602) (12,381) 131 (6,671) (17,168)
Consolidated...................... ¥1,271,646 ¥1,666,890 ¥1,672,187 ¥1,878,342 ¥2,238,683 ¥2,270,375 +1.4