Cookie Consent by Free Privacy Policy website Presentation: TMC's Year-end Financial Results Press Briefing
may 12, 2021 - Toyota

Presentation: TMC's Year-end Financial Results Press Briefing

Toyota City, Japan, May 12, 2021―Toyota Motor Corporation (TMC) announced its financial results for the fiscal year ended March 31, 2021 today. Video of the press briefing is available below.

TMC's Year-end Financial Results Press BriefingToyota AttendeesPart IExplanation of financial results and Q&A session

Part IIExplanation of the company's efforts and Q&A session

FY2021 Financial Results Announcement Session 2 Remarks by Chief Digital Officer James Kuffner

  1. Introduction

Good afternoon.

Today, I am excited to share with you a glimpse of Toyota's technology and strategy with regards to Carbon Neutrality.

Before I begin, I would like to express deep gratitude to the millions of #toyota customers who continue to choose our products and services and place their trust in us.

The COVID-19 global pandemic has been difficult for everyone.

These strong financial results that we have shared today were only possible due to the hard work and dedication of #toyota group employees, suppliers, dealers, and partners worldwide.

Thanks to these amazing people, #toyota can continue to create and develop advanced technologies and provide outstanding products and services that fulfill the needs of customers all over the world.

  1. "Carbon Neutrality"

"The #toyota Philosophy" was developed to guide our company. At its foundation is Mobility and Happiness for all.

For over 80 years, #toyota has been executing on its vision and mission to mass produce happiness, and deliver safe, sustainable, mobility technology to customers globally.

As part of that mission, #toyota has been working hard to help all countries and regions around the world achieve carbon neutrality through its products.

In addition, #toyota is 100% committed as a company to achieving carbon neutrality by 2050 or earlier.

What does Carbon Neutrality actually mean for the #automotive industry?

Carbon neutrality for the #automotive industry means achieving zero CO2 emissions in all processes throughout the lifecycle of "manufacturing", "transporting", "operating", "fueling and/or charging", and "recycling and disposing of" vehicles.

Toyota's History of Innovation, Accomplishments, and Progress Towards CN

Toyota has been innovating and investing in technology to reduce emissions and achieve carbon neutrality for over 30 years.

In the early 1990s, #toyota committed to achieving the ambitious goal of building a practical mass-market vehicle that would have twice the fuel efficiency of a Corolla class vehicle with the same high reliability and low-cost that #toyota customers expect.

There were many skeptics at the time.

In 1996, #toyota developed and launched its first battery electric vehicle, the RAV4 EV.

The RAV4 EV faced significant challenges related to limited range, long charging times, and lack of available charging infrastructure.

But #toyota engineers used customer feedback and valuable knowledge from the RAV4 EV development to improve both battery technology and power electronics.

In 1997, #toyota launched the best-selling Prius, the world's first mass-produced hybrid electric vehicle.

Bringing practical HEVs to market was not easy.

It involved many innovations in motors, inverters, engines, batteries, and electronics.

Some of Toyota's innovations in battery technology included materials, manufacturing processes, improved safety and crash-worthiness, high-power output performance, and better recyclability for sustainable manufacturing.

Building upon that experience, over the past 25 years, #toyota has remained committed to developing an array of new technologies and products to help reduce carbon emissions.

We have successfully developed and launched a wide variety of innovative products including hybrid electric vehicles, battery electric vehicles, plug-in hybrid electric vehicles, and hydrogen fuel cell electric vehicles.

Toyota's World-leading Electrified Vehicle Technology

The success of the Prius demonstrated that our commitment to carbon neutrality had also created a once-in-a-generation opportunity for innovation and market leadership.

Today, #toyota offers the world's largest lineup of 55 practical, reliable, and affordable electrified vehicles all over the world, with many more to come.

Further information in the press release to download