MGT 521 - Management
December 12, 2012
Professor Louis Aliberti, Esq., J.D., M.B.A.
Toyota Motor Corporation
Toyota Motor is one of the most competitive companies. Toyota was created in 1937 and since then it operates on the international level. Its products are valuable in Japan, North America, Europe, Asia, and many more countries. Toyota Motor is known by producing automobiles. The automobile Industry is very competitive and prosperous. Some of Toyota’s competitors are General Motors, Chrysler, Ford, Hyundai, and Mazda. To evaluate the company’s health it is necessary to review and analyze the company’s income statements, balance sheets, and cash flows. Toyota Motor Corp., Consolidated Income Statement
USD $ in millions, translated from JPY
| |12 months ended |Mar 31, 2012 |Mar 31, 2011 |Mar 31, 2010 |Mar 31, |Mar 31, |Mar 31, 2007 | | | | | | |2009 |2008 | | |[pic] |Sales of products |213,066 |214,318 |190,507 |195,192 |247,734 |192,038 | |[pic] |Net revenues |226,106 |228,427 |203,686 | 208,995 |262,394 |202,864 |
Table 1 Source: Toyota Motor Corp., Annual Reports
When analyzing the consolidated income statements of Toyota Motor for the last five years it is clear that the highest value of sales of production was registered in 2008. It reached 247,734 million $. Unfortunately, in 2009 all the company’s numbers when down. The Toyota business was hit hard by U.S financial crisis and the rising cost of raw material. The net loss registered in 2009 was 4,448 million $. Toyota was not the only company that suffered from the crisis. All the other automobiles companies suffered decreases and losses. After recuperating from the crisis in 2009, the next years the company was registering positive income and profitability. The net income of Toyota Motor in 2011 was 4,909 million $. The organization started to get bigger profits thanks to the new affordable and qualitative products placed on the internal and international market. In the process of analyzing an organization development and wealth it is necessary also to analyze the balance sheets. |Table 2 Toyota Motor Corporation | |Balance Sheet | | | | | |Period Ending | | |...