Toyota 2007 Annual Report Download - page 46

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44 ANNUAL REPORT 2007
In line with its global strategies for automotive operations, Toyota is extending the
geographic reach of its financial services operations while developing auto sales
financing services that stimulate demand and reflect regional characteristics.
15,000
5,000
10,000
0
’04’03 ’05 ’06 ’07
Note: Fiscal years ended March 31
Total Assets of Financial
Services Operations
(¥ Billion)
FY
Performance Overview
Favorable Vehicle Sales and
Attractive Financial Services
Products Result in Record
Number of New Contracts
In fiscal 2007, financial services
operations concluded a record
2.54 million new contracts and real-
ized solid growth in revenues, to
¥1,300.5 billion, and operating
income, to ¥158.5 billion. These fa-
vorable results stemmed from
stronger sales of Toyota- and Lexus-
brand vehicles and the develop-
ment of products and services
catering to different countries’ dis-
tinct needs through intense collabo-
ration among regional management
companies, distributors, and dealers.
Regional Strategy
Strengthen Auto Sales Financing
Services in 31 Countries and
Regions
Toyota’s financial services opera-
tions are centered on Toyota
Financial Services Corporation
(TFS), which has overall control of
financial services subsidiaries in
Japan and overseas, and cover 31
countries and regions, including
Japan. TFS provides financial ser-
vices for vehicle purchases and
leases to approximately 6.8 million
customers. In particular, the TFS
group is expanding operations in
emerging markets that are show-
ing dramatic growth. In China, the
TFS group is rapidly establishing a
Automotive Operations Financial Services Operations Other Business Operations
Business Overview