{"url_path":"/sec/tm/10-k/2026/item-8","section_key":"item-8","section_title":"Item 8 FINANCIAL INFORMATION","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-10","source_url":"https://www.sec.gov/Archives/edgar/data/1094517/0001193125-26-264811-index.html","accession_number":"0001193125-26-264811","cik":"0001094517","ticker":"TM","issuer_name":"TOYOTA MOTOR CORP/","edgar_url":"https://www.sec.gov/Archives/edgar/data/1094517/0001193125-26-264811-index.html","primary_entity_key":"0001094517","primary_entity_name":"TOYOTA MOTOR CORP/"},"word_count":837,"has_tables":true,"body_markdown":"ITEM 8. FINANCIAL INFORMATION\n\n8.A CONSOLIDATED STATEMENTS AND OTHER FINANCIAL INFORMATION\n\n \n\n1-3.\n\nConsolidated Financial Statements. Toyota’s audited consolidated financial statements are included under “Item 18 — Financial Statements.” Except for Toyota’s consolidated financial statements included under Item 18, no other information in this annual report has been audited by Toyota’s auditors.\n\n \n\n4.\n\nNot applicable.\n\n \n\n5.\n\nNot applicable.\n\n \n\n6.\n\nExport Sales. See “Item 5. Operating and Financial Review and Prospects — 5.A Operating Results — Overview — Geographic Breakdown.”\n\n \n\n7.\n\nLegal and Arbitration Proceedings. See “Item 4. Information on the Company — 4.B Business Overview — Legal Proceedings.”\n\n \n\n8.\n\nDividend Information.\n\n \n\n117\n\n##### Table of Contents\n\nToyota normally pays dividends twice per year, including an interim dividend and a year-end dividend. Toyota’s articles of incorporation provide that retained earnings can be distributed as dividends pursuant to a resolution of its Board of Directors. Toyota’s Board of Directors resolves to pay year-end dividends to holders of common stock and registered pledgees of common stock of record as of March 31, the record date, in each year.\n\nIn addition to these year-end dividends, Toyota may pay an interim dividend in the form of cash distributions from its distributable surplus to holders of common stock and pledgees of common stock of record as of September 30, the record date, in each year by a resolution of its Board of Directors.\n\nIn addition, under the Companies Act, dividends may be paid to holders of common stock and pledgees of record of common stock as of any record date, other than those specified above, as set forth in Toyota’s articles of incorporation or as determined by its Board of Directors from time to time. Under the Companies Act, dividends may be distributed in cash or (except in the case of interim dividends mentioned in the third preceding paragraph) in kind, subject to limitations on distributable surplus and to certain other conditions.\n\nThe following table sets forth the dividends declared per share of common stock by Toyota for each of the periods shown. The periods shown are the six months ended on that date. The U.S. dollar equivalents for the cash dividends shown are based on the noon buying rate for Japanese yen on the last date of each period set forth below.\n\n \n\n \n  \nCash Dividends\nper Common Share\n \n\nPeriod Ended\n\n  \nYen\n \n  \nU.S. dollars\n \n\nSeptember 30, 2023\n\n  \n \n30.0\n \n  \n \n0.20\n \n\nMarch 31, 2024\n\n  \n \n45.0\n \n  \n \n0.30\n \n\nSeptember 30, 2024\n\n  \n \n40.0\n \n  \n \n0.28\n \n\nMarch 31, 2025\n\n  \n \n50.0\n \n  \n \n0.33\n \n\nSeptember 30, 2025\n\n  \n \n45.0\n \n  \n \n0.30\n \n\nMarch 31, 2026\n\n  \n \n50.0\n \n  \n \n0.31\n \n\nToyota deems improving shareholder returns as one of its priority management policies, and it will continue to work to improve its corporate culture to realize sustainable growth in order to enhance its corporate value. Toyota will strive for the stable and continuous increase of dividends.\n\nWith a view to surviving tough competition and transitioning to a mobility company, Toyota will aim to utilize its internal funds mainly for investment in growth for the next generation, such as environmental technologies to achieve a carbon-neutral society and safety technologies for the safety and security of its customers, and also for the stakeholders such as employees, business partners and local communities.\n\nConsidering these factors, with respect to the dividends for fiscal 2026, Toyota determined to pay a year-end dividend of 50 yen per share of common stock by a resolution of the Board of Directors pursuant to Toyota’s articles of incorporation. As a result, combined with the interim dividend of 45 yen per share of common stock, the annual dividend was 95 yen per share of common stock, and the total amount of the dividends on common stock for the year was 1,238.2 billion yen.\n\nFurthermore, pursuant to the written resolution in lieu of a resolution of the Board of Directors dated June 3, 2025, the resolution of the Board of Directors dated January 14, 2026, and the written resolution in lieu of a resolution of the Board of Directors dated March 30, 2026, Toyota conducted a tender offer to repurchase shares of its common stock from existing shareholders, pursuant to which Toyota repurchased 1,192,330,962 shares of its common stock at 3,067 yen per share, for an aggregate purchase price of approximately 3.65 trillion yen, during the period from March 31, 2026 to April 27, 2026. The repurchased shares became treasury shares upon repurchase. Toyota has announced that, pursuant to a written resolution dated June 3, 2025 in lieu of a resolution\n\n \n\n118\n\n##### Table of Contents\n\nof the Board of Directors, it will retire 1,200,000,000 shares of its common stock held as treasury shares on June 30, 2026, representing approximately 7.6% of the total number of shares issued as of March 31, 2026.\n\nToyota intends to repurchase shares flexibly by taking into consideration the price level of its common stock and other factors and to utilize share repurchases to respond to requests for the sale of Toyota’s shares as needed.\n\n8.B SIGNIFICANT CHANGES\n\nExcept as disclosed in this annual report, there have been no significant changes since the date of Toyota’s latest annual financial statements."}