Toyota Motor (NYSE: TM) corrects FY2027 tax and minority interest line
Rhea-AI Filing Summary
Toyota Motor Corporation amends its FY2027 first‑quarter analysis of consolidated net income attributable to the company. The revision adjusts the line “Income tax expense, Net Income Attributable to Non-controlling Interests” to -76.0 billion yen, replacing the previously presented 760.1 billion yen figure.
The amendment leaves other components of the bridge unchanged, including 70.0 billion yen from Marketing Efforts, 345.0 billion yen from Effects of Changes in Exchange Rates, -102.6 billion yen in Changes in Operating Income, 814.3 billion yen in Non-operating Income, and a total change in net income of 635.6 billion yen for 1Q FY2027 (2026/4–6).
Positive
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Negative
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Filing Explained
The August 7 amendment corrects Toyota’s August 4 Form 6-K and states that no other part is amended and no events after August 4 are included, so it changes the reported analysis rather than reporting a later operating event.
Key Figures
Marketing Efforts: 70.0 billion yen
Effects of Changes in Exchange Rates: 345.0 billion yen
Changes in Operating Income: -102.6 billion yen
+4 more
7 metrics
Marketing Efforts
70.0 billion yen
Component of analysis of consolidated net income for 1Q FY2027 (2026/4–6)
Effects of Changes in Exchange Rates
345.0 billion yen
Contribution in FY2027 1Q consolidated net income analysis
Changes in Operating Income
-102.6 billion yen
Total change in operating income in FY2027 1Q analysis
Non-operating Income
814.3 billion yen
Non-operating contribution in FY2027 1Q consolidated net income analysis
Share of Profit (Loss) of Investments Accounted for Using the Equity Method
69.6 billion yen
Equity-method contribution in FY2027 1Q net income bridge
Income tax expense, Net Income Attributable to Non-controlling Interests (corrected)
-76.0 billion yen
Corrected line item in FY2027 1Q net income analysis
Changes in Net Income Attributable to Toyota Motor Corporation
635.6 billion yen
Total change in consolidated net income for FY2027 1Q
Key Terms
Non-operating Income, Share of Profit (Loss) of Investments Accounted for Using the Equity Method, Net Income Attributable to Non-controlling Interests, Consolidated Net Income Attributable to Toyota Motor Corporation
4 terms
Non-operating Income financial
""Non-operating Income" appears as a separate line in the net income analysis table."
Non-operating income is money a company earns or loses from activities outside its main business — for example interest, investment gains or losses, and one-time sales of assets. Investors watch it because it can inflate or mask the health of the core business: think of it as a shop owner’s extra income from renting out a back room rather than from selling products, which can boost short-term profits but may not reflect sustainable performance.
Net Income Attributable to Non-controlling Interests financial
"Included in the corrected line "Income tax expense, Net Income Attributable to Non-controlling Interests"."
Consolidated Net Income Attributable to Toyota Motor Corporation financial
"Used in the heading "Analysis of Consolidated Net Income Attributable to Toyota Motor Corporation"."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Toyota Motor (TM) change in this Form 6-K/A amendment?
Toyota corrected one line in its FY2027 1Q income analysis. The line for Income tax expense, Net Income Attributable to Non-controlling Interests is now shown as -76.0 billion yen, while all other bridge components and the total change in net income remain the same.
Which period’s results are affected in Toyota Motor (TM)’s amended analysis?
The amendment applies to Toyota’s analysis of consolidated net income attributable to the company for FY2027 first quarter (2026/4–6). Only the presentation of one component in the income bridge is corrected; the overall change in net income figure is unchanged in the analysis.
What is the corrected tax and non-controlling interests amount for Toyota Motor (TM)?
The corrected figure for “Income tax expense, Net Income Attributable to Non-controlling Interests” is -76.0 billion yen. This replaces the previously shown 760.1 billion yen amount in the analysis of changes in consolidated net income for Toyota’s FY2027 first quarter.
What non-operating income does Toyota Motor (TM) report in this analysis?
Toyota reports 814.3 billion yen of Non-operating Income in its FY2027 1Q net income analysis. This is shown separately from operating income changes and includes items outside core operations that contribute positively to the overall 635.6 billion yen change in net income.
How much did consolidated net income change for Toyota Motor (TM) in this analysis?
The analysis shows a total 635.6 billion yen change in consolidated net income attributable to Toyota Motor Corporation for FY2027 1Q. This figure incorporates marketing, exchange rate effects, cost reductions, non-operating income, equity-method results, and the corrected tax and non-controlling interests line.
Which key operational factors does Toyota Motor (TM) highlight in the FY2027 1Q bridge?
Key operational factors include 70.0 billion yen from Marketing Efforts, 345.0 billion yen from Effects of Changes in Exchange Rates, and -85.0 billion yen from Cost Reduction Efforts, contributing to -102.6 billion yen in Changes in Operating Income in the FY2027 1Q analysis.