StudentShare solutions

# TOYOTA - Research Paper Example

## Extract of sample TOYOTA

Introduction Toyota Motor Corporation was started in 1933 in Japan. It is a business dealer in automobile as well as finance services and housing deals. The company stands as the leader in the automobile industry followed by general motors and other car manufacturing industries (Jeffrey, 2004). The company has its wings spread all over the world supplying cars. It makes about 40% of all vehicles in the world selling half in its domestic market and the rest international. It has 511 subsidiaries and 217 associate companies by the end of March, 2011. It has been argued that the company sells its merchandise at very high cost leading to abnormal profits (Bill, 2011). The credit rating of Toyota has gone down from AA to AA minus accordingly to the scores rates. RATIO ANALYSIS FOR TOYOTA MOTOR CORPORATIONS Liquidity Ratios Current Ratio = Total Current Assets/ Total Current Liabilities 1.02 1.03 1.08 Acid Test = Total quick assets/ Total current liabilities 0.89 0.90 0.95 (Total quick asset = total current assets minus inventory) 9937715.00 9816617.00 10226262.00 Activity Ratios Inventory turnover= cost of goods/ inventory 11.33 11.67 13.34 Day sales outstanding = receivables/ sales/360 109.35 104.12 96.44 Total ASSET Turnover (TAT)= total assets/ inventory 19.62 19.86 21.16 Leveraged ratios Equity ratio = total owners’ equity/ total assets 0.35 0.35 0.35 Debt ratio/Debt to asset Ratio= total liabilities/ total assets 0.65 0.65 0.65 Debt to Equity Ratio = Total Liabilities / Owners Equity or Net Worth 1.87 1.83 1.86 Profit Ratios Gross Profit Margins (GPM) = (Net gross Profit / Net Sales) x 100 12.52 11.96 10.10 Net Profit Margin (NPM)= (Net profit/net sales)*100 2.15 1.11 -2.13 Return on capital invested (ROCI) 0.05 0.03 -0.05 Return on Assets (ROA) = (Net Profit / Total Assets) x 100 1.42 0.74 -1.49 Return on Equity= (Net Profit / Net Worth or Owners Equity) x 100 (Wilbert, 2007) 4.07 2.09 -4.27 Shareholders return ratios Dividend yield = dividend per share/ market price 0.62 0.56 2.46 Price earnings ratio= market per share/ earnings per share 0.62 1.21 -0.29 Income statements FOR TOYOTA MOTOR CORPORATIONS 2011 2010 2009 Revenue 18993688.00 18950973.00 20529570.00 cost of revenue 16615326.00 16683797.00 18455800.00 Gross profit 2378362.00 2267176.00 2073770.00 Total selling/general/ administrative expenses 1910083.00 2119660.00 2534781.00 other operating expenses 0.00 0.00 0.00 operating income 468279.00 147516.00 -461011.00 less other non-operating expenses 19253.00 30886.00 -189140.00 income before tax 563290.00 291468.00 -560381.00 less income tax 312821.00 92664.00 -56442.00 net income before extra-ordinary items 250469.00 198804.00 -503939.00 MI -57302.00 -34756.00 24278.00 equity in affiliates 215016.00 45408.00 42724.00 net Income 408183.00 209456.00 -436937.00 dividend paid (figures in millions) 156791.00 141120.00 313551.00 number of shares (figure in millions) 3135.91 3135.99 3140.42 dividend per share 50.00 45.00 99.84 earnings per share 130.17 66.79 -139.13 market price 80.54 80.54 40.51 Balance sheet FOR TOYOTA MOTOR CORPORATION 2011 2010 2009 total receivables 5,769,135.00 5,481,099.00 5,499,378.00 Total inventory 1465876 1429363 1383782 Total current assets 11403591 11245980 11610044 Total assets 28761679.00 28387556.00 29284861.00 Total current liabilities 11173520.00 10932580.00 10787814.00 total liabilities 18737812.00 18371123.00 19043857.00 total equity 10023867.00 10016433.00 ...Show more
Cite this document
• APA
• MLA
• CHICAGO
(“TOYOTA Research Paper Example | Topics and Well Written Essays - 1750 words”, n.d.)
(TOYOTA Research Paper Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.net/finance-accounting/64078-financial-analysis-automobile-industry-toyota.
“TOYOTA Research Paper Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.net/finance-accounting/64078-financial-analysis-automobile-industry-toyota.

## Summary

Company analysis- Toyota Motor Corporations Name: Institution: Instructor: Subject: Date: Executive Summary This report looks at an analysis of the financial statements for Toyota Motor Corporations. Ratio analysis is undertaken in order to interpret the financial information from the management, creditors and investors view and any other stakeholders…
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"TOYOTA"
with a personal 20% discount.
Grab the best paper

### Check these samples - they also fit your topic

Toyota Company Analysis
Executive Summary Toyota Company has been a leading name in vehicle making for quite a lot of decades. Regardless of the nationalistic movement in the United States to “buy American”, the business has held its own, staying a leading and persistently developing company within the ‘corporate world of transportation.
21 pages (5250 words) Research Paper
Toyota Brake Problem Analysis
The major business undertaken by Toyota is Motor Vehicle Production and Sales. It has been estimated that around 320,808 employees working at present in Toyota and its affiliated companies all over the world as of March 31, 20091 In the automobile industry Toyota do not need any introduction.
9 pages (2250 words) Research Paper
Toyota
As Kim reports, presently, Toyota has developed a new long term strategy under which it aims to double profits by launching more hybrid models into emerging markets. Kim, Chang-ran. “Toyota aims to double profit under new strategy”. livemint.com. web 14 July 2011 In my opinion, the firm must give more emphasis on product quality rather than profitability since Toyota’s profit margins are currently weaker than other Japanese automobile manufacturers.
1 pages (250 words) Essay
Toyota Company Research Paper
Therefore, the core dynamics of Toyota’s marketing which consist of its supreme quality testing, innovation, and its supreme ability to attract a solid customer base. One of the main components of Toyota’s marketing strategy is to focus on supreme quality testing.
3 pages (750 words) Research Paper
Toyota International Corporation
The company makes use of the most advanced technology and relies upon the employees at all levels to increase the productivity and reliability. Toyota has established not only a top competitor image but also has become the global automotive in the international market.
3 pages (750 words) Research Paper
TOYOTA Corporation
For many decades, Toyota has been successful in transacting its business locally and internationally beating its rival companies from Europe and America. It is the largest automobile maker by production and sales. The company was founded in 1937 by Kiichiro Toyoda .The production system of Toyota is based on lean philosophy which implies that production considers the way they spent resources for any objective other than making value targeting the customers which in turn may be wasteful.
5 pages (1250 words) Research Paper
Toyota
This is found to be most critical problem for the company at present. The company’s sales, brand image and consumer confidence have been significantly affected by such massive recall. There are several possible solutions to this problem. First of all the company
16 pages (4000 words) Research Paper
Toyota Production system
Evidence suggests that this system has greatly aided the organization to cut down operating costs and to foster employee creativity. This paper will analyze Toyota’s Production System,
4 pages (1000 words) Research Paper
Toyota
Governments globally have also passed laws that call for environmental management and sustainable purchasing. Toyota has become one of the players in the industry that is taking environmental issues earnestly as part of its social corporate responsibility. The company
3 pages (750 words) Research Paper
Toyota Scion
The main purpose as to why Toyota launched scion is due to the realization that it was losing a market share to the younger generation. The main
3 pages (750 words) Research Paper
Click to create a comment
Let us find you another Research Paper on topic TOYOTA for FREE!
+16312120006