Editing Toyota Motor Corporation

{{Infobox company
| name = Toyota Motor Corporation
| native_name = トヨタ自動車株式会社
| native_name_lang = ja
| romanized_name = Toyota Jidōsha kabushikigaisha
| logo = <!-- Please discuss on talk page before changing logo image -->Toyota.svg<!-- Please discuss on talk page before changing logo image -->
| logo_alt = The Toyota logo with 3 overlapping ovals and the Toyota wordmark
| image = Headquarter_of_Toyota_Motor_Corporation_3.JPG
| image_caption = Headquarters in Toyota, Japan
| type = [[Public company|Public]]
| traded_as = {{unbulleted list
  | {{TYO|7203}}
  | {{NAG|7203}}
  | {{NYSE|TM}}
  | {{LSE|TYT}}
  | [[Nikkei 225]] component (TYO)
  | [[TOPIX]] Core30 component (TYO)
  }}
| ISIN = {{ISIN|sl=n|pl=y|JP3633400001}}
| founder = [[Kiichiro Toyoda]]
| area_served = Worldwide
| key_people = {{unbulleted list
  | [[Akio Toyoda]] ([[Chairman]])
  | Koji Sato ([[President (corporate title)|President]] & [[Chief Executive Officer|CEO]])
  }}
| industry = [[Automotive industry|Automotive]]
| production = {{unbulleted list
  | {{decrease}} 9,472,556 (FY21)
  | {{decrease}} 9,213,195 (2020)
  }}
| services = [[Banking]], [[financing]], [[leasing]]
| revenue = {{unbulleted list
  | {{decrease}} {{yen|27,214,594 million|link=yes}}
  | {{decrease}} {{USD|256.7 billion|link=yes}} (FY21)
  }}
| operating_income = {{decrease}} {{yen|2,197,748 million}} (FY21)
| net_income = {{increase}} {{yen|2,282,378 million}} (FY21)
| aum = <!-- Only used with financial services companies -->
| assets = {{unbulleted list
  | {{increase}} {{yen|62,267,140 million}}
  | {{increase}} {{USD|562 billion}} (FY21)
  }}
| equity = {{increase}} {{yen|24,288,329 million}} (FY21)
| owner = 
| num_employees = {{increase}} 366,283 (FY21)
| divisions = {{unbulleted list
  | [[Lexus]]
  | [[Scion (automobile)|Scion]] (defunct)<!-- Scion still gets listed as a division in a historical context -->
  }}
| subsid = {{Unbulleted list
  | [[Daihatsu]]
  | [[Denso]] (25%)
  | [[FAW Toyota]] (China, 50%)
  | [[GAC Toyota]] (China, 50%)
  | [[Hino Motors]]
  | [[Subaru Corporation]] (20%)
  | [[Toyota Argentina]]
  | [[Toyota Auto Body]]
  | [[Toyota Financial Services]]
  | [[Toyota Kirloskar Motors]]
  | [[Toyota Motor Corporation Australia]]
  | [[Toyota Motor Europe]]
  | [[Toyota Motor East Japan]]
  | [[Toyota Motor Kyushu]]
  | [[Toyota Motor Manufacturing Indonesia]] (95%)
  | [[Toyota Motor North America]]
  | [[Toyota Motor Pakistan]]
  | [[Toyota Motor Philippines]]
  | [[Toyota Motor Thailand]] (86%)
  | [[Toyota South Africa Motors]]
  | [[Woven Planet Holdings]]
  }}
| homepage = {{URL|https://global.toyota}}
| foundation = {{start date and age|1937|08|28}}
| location_city = [[Toyota City, Aichi]]
| location_country = Japan
| parent = [[Toyota Group]] through [[cross ownership]]:
* [[Toyota Industries]] cross-owns 8.28%
* [[Subaru Corporation]] cross-owns 3.17%
* [[Denso]] cross-owns 3.12%
* [[Mazda]] cross-owns 0.25%
* [[Suzuki]] cross-owns 0.2%
| footnotes = [[Fiscal Year]] 2021 (FY21) is April 1, 2020, to March 31, 2021.<br />References:<ref>{{Cite press release |title=Toyota Global Sales and Production Secures 90 Percent Level Year-on-Year in FY2021 |date=April 28, 2021 |publisher=Toyota Motor Corporation |location=Japan |url=https://global.toyota/en/company/profile/production-sales-figures/202103.html |access-date=April 28, 2021}}</ref><ref name="FY2021">{{Cite web |date=May 12, 2021 |title=Toyota Annual Report 2021 |url=https://global.toyota/pages/global_toyota/ir/financial-results/2021_4q_summary_en.pdf |url-status=live |archive-url=https://web.archive.org/web/20200527113819/https://global.toyota/pages/global_toyota/ir/financial-results/2020_4q_summary_en.pdf |archive-date=May 27, 2020 |access-date=May 12, 2021 |publisher=Toyota Motor Corporation}}</ref>
}}

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names. It also provides mini-vehicles, passenger vehicles, commercial vehicles, and auto parts under the Toyota name; mid-size cars; luxury cars; sports cars under the GR Yaris, Corolla Sport, Corolla Cross, and Supra names; and recreational and sport-utility vehicles under the Highlander name. In addition, the company offers pickup trucks under the Tacoma name; minivans; and trucks and buses. Further, it provides financial services, such as retail financing and leasing, wholesale financing, insurance, and credit cards; and designs, manufactures, and sells prefabricated housing. Additionally, the company operates GAZOO.com, a web portal for automobile information. It operates in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. The company was founded in 1933 and is headquartered in Toyota, Japan.

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== Product<ref name=":0">https://media.toyota.co.uk/toyota-unveils-new-technology-that-will-change-the-future-of-cars/</ref> ==
With its extensive history, Toyota is a company that boasts a rich legacy. The sales department of the organization has reached a high level of maturity. Therefore, rather than enumerating hundreds of car models for sale, we will outline the company's goals and strategic direction.

=== Electrification ===
Toyota's approach to electrification sets it apart, as it diverges from the conventional emphasis on battery electric vehicles (BEVs). Rather than solely focusing on BEVs, Toyota remains committed to a strategy of "diversification" in its electrification efforts. This translates to the company's investment not only in the development of battery electric vehicles, but also in the advancement of Hydrogen Electrical Vehicles, hybrid cars, and even traditional gasoline-powered vehicles.

==== BEVs ====
Despite a relatively slower pace compared to other competitors in the development of BEVs recently, Toyota has made the decision to gradually increase its investment in this area. In its recent development updates, the company has announced a goal to have nearly half of all Toyota vehicles be BEVs by the year 2023.<ref name=":0" />
== Discounted Cash Flow ==
The table below represented he Unlevered Free Cash Flow (FCF) data for Toyota from 2018 to 2027, the company experienced a negative in recent years(2019-2020, 2022). The projected FCF for the years 2023 to 2027 shows a shift to positive value, indicating that Toyota will regain its momentum and return to profitability in the near future.
{| class="wikitable"
|+
!Fiscal Year
!2018
!2019
!2020
!2021
!2022 FY
!2023 FY
!2024 FY
!2025 FY
!2026 FY
!2027 FY
|-
|Unleveled FCF
|193
| -4,386
| -25,953
|14,235
| -647
|11,133
|14,700
|13,713
|13,469
|13,377
|-
|Projection Year
|
|
|
|
|
|1
|2
|3
|4
|5
|-
|Present Value of FCF
|
|
|
|
|
|10,837
|13,949
|12,649
|12,095
|11,693
|}
Toyota Motor Corporation has an enterprise value of 1493,809 units and an equity value of 1,363,532 units with a WACC of 2.73%. The implied share price is 98 units, showing a significant increase compared to the current share price of 17 units, with a remarkable 471.16% change.

{| class="wikitable"
!WACC
|7.98%
|-
!Sum of PV of FCF
|46,483
|-
!Growth rate
|4.50%
|-
!Terminal Value
|2,584,090
|-
!Present Value of Terminal Value
|1,760,574
|-
!Enterpise Value
|1,807,057
|-
!(+) cash
|8,620
|-
!(-) Debt
|23,470
|-
!Equity Value
|1,792,207
|-
!Diluted Shares Outstanding
|58,030
|-
!Implied share price
|31
|-
!Current share price
|2.83
|-
!% change in share price
|991.32%
|}

==References==

__INDEX__