Toyota Investor Presentation Deck
TMCC Financial Performance
Consolidated Income Statement
(USD millions)
Total Financing Revenues
less: Interest Expense and Depreciation
add: Other Income
Net Financing Revenues
Net Income
Credit Performance
Over 60 Days Delinquent !!!
Allowance for Credit Losses 1121
Net Credit Losses !!!
TMCC has adopted Accounting Standard Update "ASU" 2016-13 effective starting April 1, 2020
[1] Percentage of gross eaming assets
120
Fiscal Year Ended March 31,
2019
2020
11,640
9,656
1,196
3,180
795
As of March 31,
2019
0.31%
0.55%
12,029
9,654
1,255
0.34%
2020
913
0.39%
0.73%
Fiscal Year Ended March 31,
2019
2020
Nine Months Ended
December 31, 2020
8,821
6,018
1,159
3,962
1,697
As of
December 31, 2020
0.38%
1.50%
Nine Months Ended
December 31, 2020
0.32%
The quotient of allowance for credit losses divided by the sum of gross finance receivables finance receivables before allowance for credit losses plus gross investments in operating leases (investments in operating leases before allowance for credit losses]
Source: TMCC March 31, 2020 10-K & December 31, 2020 10-Q
TOYOTA FINANCIAL SERVICES 35View entire presentation