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Toyota Motor CorporationTSE:7203 Stock Report

Market Cap JP¥40.2t
Share Price
JP¥2.95k
JP¥3.97k
25.7% undervalued intrinsic discount
1Y10.6%
7D2.7%
Portfolio Value
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Toyota Motor Corporation

TSE:7203 Stock Report

Market Cap: JP¥40.2t

Toyota Motor (7203) Stock Overview

Designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, the Middle East, and internationally. More details

7203 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends4/6

7203 Community Fair Values

Create Narrative

See what 93 others think this stock is worth. Follow their fair value or set your own to get alerts.

Toyota Motor Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Toyota Motor
Historical stock prices
Current Share PriceJP¥2,947.50
52 Week HighJP¥4,000.00
52 Week LowJP¥2,434.00
Beta0.33
1 Month Change-11.83%
3 Month Change-20.62%
1 Year Change10.60%
3 Year Change51.15%
5 Year Change66.81%
Change since IPO3,186.62%

Recent News & Updates

New Narrative May 02

Why Toyota is the Company of the Future

Toyota Motor Corporation (TOYOF) https://global.toyota/en/ir/ in 2026 has achieved what many thought impossible: it successfully transitioned from being an "EV laggard" to a next-generation technological leader. Below is a detailed analysis of the company’s positions.
Narrative Update Apr 29

7203: Leadership Transition And Fuel Cell Venture Will Support Bullish Outlook

Analysts have trimmed their price target on Toyota Motor slightly, with fair value moving from about ¥3,992 to roughly ¥3,969 as they factor in small adjustments to revenue growth, profit margin, and future P/E assumptions. What's in the News CEO Koji Sato is set to step down on April 1, 2026, with current CFO Kenta Kon becoming CEO.

Recent updates

New Narrative May 02

Why Toyota is the Company of the Future

Toyota Motor Corporation (TOYOF) https://global.toyota/en/ir/ in 2026 has achieved what many thought impossible: it successfully transitioned from being an "EV laggard" to a next-generation technological leader. Below is a detailed analysis of the company’s positions.
Narrative Update Apr 29

7203: Leadership Transition And Fuel Cell Venture Will Support Bullish Outlook

Analysts have trimmed their price target on Toyota Motor slightly, with fair value moving from about ¥3,992 to roughly ¥3,969 as they factor in small adjustments to revenue growth, profit margin, and future P/E assumptions. What's in the News CEO Koji Sato is set to step down on April 1, 2026, with current CFO Kenta Kon becoming CEO.
Narrative Update Apr 12

7203: US EV Lineup Expansion Will Support Bullish Outlook

Analysts have trimmed their price target for Toyota Motor slightly to ¥3,992 from ¥4,033, reflecting small adjustments to assumed revenue growth, profit margins, and future P/E expectations. What's in the News Volvo Group, Daimler Truck and Toyota signed a non binding Memorandum of Understanding for Toyota to invest in fuel cell joint venture cellcentric as an equal partner, aiming to combine commercial vehicle and fuel cell expertise for heavy duty transport and related applications (Key Developments).
Narrative Update Mar 29

7203: US EV Expansion And Buybacks Will Support Bullish Outlook

Analysts kept their fair value estimate for Toyota Motor steady at about ¥4,033 per share, citing small adjustments to assumed revenue growth, profit margin, and future P/E that largely offset each other in their price target work. What's in the News CEO transition planned for April 1, 2026, with current Chief Executive Officer Koji Sato stepping down and Chief Financial Officer Kenta Kon taking over.
Narrative Update Mar 12

7203: US EV Push And Share Repurchases Will Support Bullish Outlook

Analysts have nudged their price target on Toyota Motor higher, with fair value moving from about ¥3,979 to roughly ¥4,033 as they factor in updated assumptions for revenue growth, profit margins, the discount rate and future P/E. What's in the News Board meeting scheduled for March 6, 2026 to consider and resolve changes to the tender offer for Toyota's own shares, including terms for the repurchase program (Key Developments).
Narrative Update Feb 26

7203: US EV Expansion And Tariff Headwinds Will Shape Balanced Outlook

Analysts now place their price target for Toyota Motor at about ¥3,979, up from roughly ¥3,738. This reflects updated assumptions that factor in slightly higher modeled revenue growth, a modestly stronger profit margin, and a higher future P/E multiple.
Analysis Article Feb 13

There May Be Reason For Hope In Toyota Motor's (TSE:7203) Disappointing Earnings

The subdued market reaction suggests that Toyota Motor Corporation's ( TSE:7203 ) recent earnings didn't contain any...
Narrative Update Feb 10

7203: Leadership Transition And US Battery Investment Will Shape Balanced Outlook

Narrative Update Overview The analyst price target for Toyota Motor has been revised higher to reflect an updated fair value estimate of ¥3,738.20 from ¥3,609.41, as analysts refine assumptions related to discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News A board meeting is scheduled for February 6, 2026 to consider changes to representative directors, indicating potential shifts in the top leadership structure.
Narrative Update Jan 26

7203: Battery Expansion, Legal Disputes And Shareholder Returns Will Shape Outlook

Analysts have raised their fair value estimate for Toyota Motor to ¥3,609.41 from ¥3,521.18, citing updated assumptions for revenue growth, profit margins, and future P/E levels. What's in the News Board meeting scheduled for January 14, 2026 to review proposed changes to the terms of a tender offer for Toyota Motor Corporation's own shares and related share repurchase matters (Board Meeting).
Narrative Update Jan 12

7203: Battery Build Out, Legal Risks And Steady Outlook Will Shape Returns

Analysts have nudged their price target for Toyota Motor slightly higher, reflecting a modest uplift in fair value and future P/E assumptions alongside an essentially unchanged discount rate, revenue growth, and profit margin inputs. What's in the News Perrone Robotics filed patent infringement lawsuits against Toyota and several other automakers, alleging unauthorized use of its automated vehicle and robotics technologies in automated driving systems in U.S. federal courts in Texas and Virginia (Lawsuits & Legal Issues).
Narrative Update Dec 24

7203: North Carolina Battery Investment And Lawsuits Will Shape Measured Forward Outlook

Analysts have raised their price target on Toyota Motor to ¥3,515 from ¥3,416, citing slightly stronger expected revenue growth, modestly higher profit margins, and a marginal uptick in future valuation multiples. What's in the News Toyota has begun production at its new $14 billion battery plant in Liberty, North Carolina, its first battery facility outside Japan.
Narrative Update Dec 10

7203: North Carolina Battery Plant And Litigation Will Shape Balanced Outlook

Analysts have modestly raised their price target on Toyota Motor, citing slightly stronger long term assumptions for fair value, revenue growth, profit margins and future valuation multiples that together support an incremental uptick of approximately ¥90 per share in estimated equity value. What's in the News Toyota began production at its new Liberty, North Carolina battery plant, a nearly JPY 14 billion investment that will create up to 5,100 jobs and serve as a key global hub for lithium ion battery output supporting HEVs, BEVs, and PHEVs. The company issued consolidated earnings guidance for fiscal 2026, targeting sales revenues of JPY 49,000,000 million, operating income of JPY 3,400,000 million, and net income of JPY 2,930,000 million, equal to basic EPS of JPY 224.81.
Narrative Update Nov 26

7203: Upcoming North Carolina Plant and Next-Gen Models Will Influence Performance Outlook

Toyota Motor Price Target Updated Amid Subtle Valuation Shifts Analysts have raised Toyota Motor's price target from ¥3,228 to ¥3,325, citing minor improvements in profit margin projections. This comes despite slightly lower expected revenue growth and a marginally higher discount rate.
Analysis Article Nov 07

Toyota Motor Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Toyota Motor Corporation ( TSE:7203 ) came out with its interim results last week, and we wanted to see how the...
Narrative Update Nov 05

7203: Upcoming Vehicle Concepts and Technology Launches Will Shape Future Performance Outlook

Narrative Update on Toyota Motor: Analyst Price Target Adjustment Analysts have nudged their price target for Toyota Motor slightly higher, raising it by ¥5.88 to ¥3,228.24. This reflects incremental improvements in fair value and key financial metrics.
Narrative Update Oct 22

Analysts Lift Toyota Target as Growth and Profit Outlook Improve Amid Strategic Developments

Toyota Motor: Analyst Price Target Rises on Improved Growth and Profit Outlook Analysts have raised their price target for Toyota Motor to ¥3,222 from ¥3,199, citing modest improvements in expected revenue growth and profit margins as key factors for the upward revision. What's in the News Yokogawa Electric has entered into agreements with Toyota for the joint development of prototype measurement and control equipment for the "Lunar Cruiser" manned pressurized rover, which is scheduled for launch in 2031 or later (Strategic Alliances).
Narrative Update Oct 08

Recovering Production And Battery Investments Will Boost Future Profitability

Toyota Motor Analyst Price Target Sees Modest Increase on Improved Outlook Analysts have raised their price target for Toyota Motor, increasing it from ¥3,157.65 to ¥3,198.82. They cite stronger expected revenue growth and higher profit margins in their updated forecasts.
Analysis Article Sep 25

Toyota Motor (TSE:7203) Is Due To Pay A Dividend Of ¥45.00

Toyota Motor Corporation ( TSE:7203 ) has announced that it will pay a dividend of ¥45.00 per share on the 26th of...
Narrative Update Sep 11

Recovering Production And Battery Investments Will Boost Future Profitability

The upward revision in Toyota Motor’s analyst price target is primarily driven by improved consensus revenue growth forecasts, with the fair value increasing from ¥3,067 to ¥3,158. What's in the News Toyota agreed to a class action settlement regarding an alleged hands-free phone system defect in several vehicle models, providing an Outreach Program to educate affected owners on resolving the issue via settings adjustments.
Analysis Article Sep 11

Toyota Motor's (TSE:7203) Dividend Will Be ¥45.00

The board of Toyota Motor Corporation ( TSE:7203 ) has announced that it will pay a dividend on the 26th of November...
Narrative Update Aug 27

Recovering Production And Battery Investments Will Boost Future Profitability

The upward revision in Toyota Motor’s fair value is primarily due to an increase in its forward P/E multiple, despite slightly lower consensus revenue growth expectations, resulting in a new analyst price target of ¥3,067. What's in the News Toyota agreed to a class action settlement over alleged defects in hands-free phone systems across multiple vehicle models, providing an Outreach Program for affected customers without admitting liability.
Analysis Article Aug 25

Toyota Motor (TSE:7203) Has Announced A Dividend Of ¥45.00

Toyota Motor Corporation's ( TSE:7203 ) investors are due to receive a payment of ¥45.00 per share on 26th of November...
Analysis Article Aug 11

Toyota Motor (TSE:7203) Will Pay A Dividend Of ¥45.00

The board of Toyota Motor Corporation ( TSE:7203 ) has announced that it will pay a dividend on the 26th of November...
Analysis Article Aug 10

Results: Toyota Motor Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Toyota Motor Corporation ( TSE:7203 ) came out with its first-quarter results last week, and we wanted to see how the...
Analysis Article Jul 27

Toyota Motor (TSE:7203) Has Announced A Dividend Of ¥45.00

Toyota Motor Corporation ( TSE:7203 ) has announced that it will pay a dividend of ¥45.00 per share on the 26th of...
Analysis Article Jul 10

Toyota Motor (TSE:7203) Will Pay A Dividend Of ¥45.00

Toyota Motor Corporation ( TSE:7203 ) will pay a dividend of ¥45.00 on the 26th of November. This will take the annual...
Analysis Article Jun 25

Some Investors May Be Willing To Look Past Toyota Motor's (TSE:7203) Soft Earnings

The subdued market reaction suggests that Toyota Motor Corporation's ( TSE:7203 ) recent earnings didn't contain any...
Analysis Article May 28

Investors Aren't Buying Toyota Motor Corporation's (TSE:7203) Earnings

With a price-to-earnings (or "P/E") ratio of 7.2x Toyota Motor Corporation ( TSE:7203 ) may be sending bullish signals...

Shareholder Returns

7203JP AutoJP Market
7D2.7%6.8%0.6%
1Y10.6%13.2%40.0%

Return vs Industry: 7203 underperformed the JP Auto industry which returned 13.2% over the past year.

Return vs Market: 7203 underperformed the JP Market which returned 40% over the past year.

Price Volatility

Is 7203's price volatile compared to industry and market?
7203 volatility
7203 Average Weekly Movement5.1%
Auto Industry Average Movement5.5%
Market Average Movement4.9%
10% most volatile stocks in JP Market9.5%
10% least volatile stocks in JP Market2.4%

Stable Share Price: 7203 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 7203's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1933390,927Kenta Konglobal.toyota/en

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, the Middle East, and internationally. It operates through Automotive, Financial Services, and All Other segments. The company offers subcompact and compact cars; mini-vehicles; mid-size, luxury, sports, and specialty cars; recreational and sport-utility vehicles; pickup trucks; minivans; trucks; and buses.

Toyota Motor Corporation Fundamentals Summary

How do Toyota Motor's earnings and revenue compare to its market cap?
7203 fundamental statistics
Market capJP¥40.21t
Earnings (TTM)JP¥3.85t
Revenue (TTM)JP¥50.68t
10.0x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
7203 income statement (TTM)
RevenueJP¥50.68t
Cost of RevenueJP¥39.12t
Gross ProfitJP¥7.57t
Other ExpensesJP¥3.72t
EarningsJP¥3.85t

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)295.25
Gross Margin14.93%
Net Profit Margin7.59%
Debt/Equity Ratio105.3%

How did 7203 perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
32%
Payout Ratio

Does 7203 pay a reliable dividends?

See 7203 dividend history and benchmarks
When do you need to buy 7203 by to receive an upcoming dividend?
Toyota Motor dividend dates
Ex Dividend DateMar 30 2026
Dividend Pay DateMay 26 2026
Days until Ex dividend50 days
Days until Dividend pay date7 days

Does 7203 pay a reliable dividends?

See 7203 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 13:39
End of Day Share Price 2026/05/18 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Toyota Motor Corporation is covered by 40 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kei NihonyanagiBarclays
Masahiro AkitaBernstein
James KanBNP Paribas