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Toyota Boshoku’s FY 2020/21 sales decline 7.3% y/y to USD11.5 billion

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Financial results

Company expects net sales of JPY1.4 trillion (USD12.8 billion) for fiscal year ending 31 March 2022

Toyota Boshoku’s sales declined 7.3% year-on-year (y/y) to JPY1.2 trillion (USD11.5 billion) in the fiscal year ended 31 March 2021. Operating profit grew 19.5% y/y to JPY57.1 billion and net profit rose 25.8% by to JPY31.2 billion.

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