Toyota 2015 Annual Report Download - page 185

Download and view the complete annual report

Please find page 185 of the 2015 Toyota annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 228

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228

TOYOTA MOTOR CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
For the years ended March 31, 2014, Toyota recognized stock-based compensation expenses for stock
options of ¥23 million, 2015 and 2016 was none, respectively, as selling, general and administrative expenses.
The following table summarizes Toyota’s stock option activity:
Yen
Yen in
millions
Number of
shares
Weighted-
average
exercise price
Weighted-
average
remaining
contractual
life in years
Aggregate
intrinsic
value
Options outstanding at March 31, 2013 ................ 10,849,000 4,909 3.56 5,921
Granted ....................................... — —
Exercised ...................................... (2,390,100) 4,043
Canceled ...................................... (1,128,000) 6,373
Options outstanding at March 31, 2014 ................ 7,330,900 4,965 2.52 8,646
Granted ....................................... — —
Exercised ...................................... (2,603,900) 4,834
Canceled ...................................... (1,223,500) 6,200
Options outstanding at March 31, 2015 ................ 3,503,500 4,632 2.05 13,143
Granted ....................................... — —
Exercised ...................................... (936,400) 5,049
Canceled ...................................... (473,600) 6,917
Options outstanding at March 31, 2016 ................ 2,093,500 3,858 1.56 4,384
Options exercisable at March 31, 2014 .................. 7,330,900 4,965 2.52 8,646
Options exercisable at March 31, 2015 .................. 3,503,500 4,632 2.05 13,143
Options exercisable at March 31, 2016 .................. 2,093,500 3,858 1.56 4,384
The total intrinsic value of options exercised for the years ended March 31, 2014, 2015 and 2016 was
¥4,793 million, ¥5,313 million and ¥2,236 million, respectively.
Cash received from the exercise of stock options for the years ended March 31, 2014, 2015 and 2016 was
¥9,663 million, ¥12,501 million and ¥4,728 million, respectively.
The following table summarizes information for options outstanding and options exercisable at March 31,
2016:
Outstanding Exercisable
Exercise
price range Number of
shares
Weighted-
average
exercise price
Weighted-
average
remaining life Number of
shares
Weighted-
average
exercise price
Yen Yen Years Yen
3,153 – 4,682 2,093,500 3,858 1.56 2,093,500 3,858
F-44