Toyota FY2026 Q1 Financial Results: Performance & Forecasts

Toyota FY2026 Q1 Financial Results: Performance & Forecasts

• 1. RAV4 ADVENTURE FY2026 First Quarter Financial Results August 7, 2025 Toyota Motor Corporation

• 2. 2 Cautionary Statement with Respect to Forward-Looking Statements and Caution Concerning Insider Trading This presentation contains forward-looking statements that reflect the plans and expectations of Toyota Motor Corporation and its consolidated subsidiaries (“Toyota”). These forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause Toyota’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. These factors include, but are not limited to: (i) changes in economic conditions, market demand, and the competitive environment affecting the automotive markets in Japan, North America, Europe, Asia and other markets in which Toyota operates; (ii) fluctuations in currency exchange rates (particularly with respect to the value of the Japanese yen, the U.S. dollar, the euro, the Australian dollar, the Canadian dollar and the British pound), stock prices and interest rates; (iii) changes in funding environment in financial markets and increased competition in the financial services industry; (iv) Toyota’s ability to market and distribute effectively; (v) Toyota’s ability to realize production efficiencies and to implement capital expenditures at the levels and times planned by management;(vi) changes in the laws and regulations, as well as other government actions, in the markets in which Toyota operates that affect Toyota’s operations, particularly laws, regulations and government actions relating to vehicle safety including remedial measures such as recalls, environmental protection, vehicle emissions and vehicle fuel economy, and tariffs and other trade policies, as well as current and future litigation and other legal proceedings, government proceedings and investigations; (vii) political and economic instability in the markets in which Toyota operates; (viii) Toyota’s ability to timely develop and achieve market acceptance of new products that meet customer demand; (ix) any damage to Toyota’s brand image; (x) Toyota’s reliance on various suppliers for the provision of supplies; (xi) increases in prices of raw materials; (xii) Toyota’s reliance on various digital and information technologies, as well as information security; (xiii) fuel shortages or interruptions in electricity, transportation systems, labor strikes, work stoppages or other interruptions to, or difficulties in, the employment of labor in the major markets where Toyota purchases materials, components and supplies for the production of its products or where its products are produced, distributed or sold; (xiv) the impact of natural calamities, epidemics, political and economic instability, fuel shortages or interruptions in social infrastructure, wars, terrorism and labor strikes, including their negative effect on Toyota’s vehicle production and sales; (xv) the impact of climate change and the transition towards a low-carbon economy; and (xvi) the ability of Toyota to hire or retain sufficient human resources. A discussion of these and other factors which may affect Toyota’s actual results, performance, achievements or financial position is contained in Toyota Motor Corporation’s annual report on Form 20-F, which is on file with the United States Securities and Exchange Commission. Caution concerning Insider Trading Under Japanese securities laws and regulations (the "Regulations"), subject to certain exceptions, any person who receives certain material information relating to the business, etc. of Toyota which may be contained in this document is prohibited from trading in Toyota's shares or certain other transactions related to such shares (as set forth in the Regulations) until such material information is deemed to be made public. Under the Regulations, material information is deemed to be made public when (i) such material information is notified to a stock exchange and is disclosed by ways of electromagnetic means as prescribed by the ordinance of the Cabinet Office (posting on the TDnet (Timely Disclosure Network) information service) or (ii) twelve (12) hours have elapsed since a listed company, such as Toyota, disclosed such material information to at least two (2) media sources as prescribed by the Regulations.

• 3. 3 FY2026 First Quarter Results Summary ‐Due to the impact of U.S. tariffs and other factors, actual results showed decreased operating income, and the forecast has been revised downward. ‐Despite a challenging external environment, we have continued to make comprehensive investments and as well as improvements such as increased unit sales, cost reductions, and expanded value chain profits, thereby minimizing negative impacts. ‐We will work with all stakeholders, including suppliers and dealers, turn to leverage the results of our foundation-building efforts to further improve productivity. First Quarter Results (year on year) FY2026 Forecast (vs previous forecast） Operating Income 1.2 trillion yen (-0.1 trillion yen) 3.2 trillion yen (-0.6 trillion yen) Impact of U.S. Tariffs -0.45 trillion yen (-0.45 trillion yen) -1.4 trillion yen (-1.2 trillion yen) <Assumptions Concerning Additional U.S. Tariffs> -For exports from Japan: 25% from April through July; 12.5% from August through March (automobiles and major components) -For exports from Canada and Mexico: 25% from April through March (automobiles and major components) -Reflects a part of the effects of both tariffs borne by suppliers, as well as tariff exemptions and reductions for both finished vehicles produced in the U.S. as well as USMCA-compliant parts, etc.

• 4. 4 FY2026 First Quarter Financial Performance

• 5. 5 Consolidated Vehicle Sales Reference (retail) 2024.4-6 2025.4-6 YoY 398 417 436 421 291 298 705 794 421 481 0 500 1,000 1,500 2,000 2,500 104.8% 96.5% 102.2% 112.7% 114.2% 107.1% 2,252 (thousands of vehicles) Japan N. America Europe Asia Other Central and South America, Oceania, Africa, The Middle East, etc. Toyota and Lexus Vehicle Sales 2,491 2,643 106.1% Electrified Vehicle [%] 1,075 1,259 117.1% HEV 998 1,165 116.7% PHEV 34 47 138.8% BEV 43 47 110.4% FCEV 0 0 37.6% Total Retail Vehicle Sales 2,636 2,829 107.3% [43.2%] [47.6%] 2,411

• 6. 6 Consolidated Financial Summary (billions of yen) 2024.4-6 2025.4-6 Change Sales Revenues 11,837.8 12,253.3 +415.4 Operating Income 1,308.4 1,166.1 -142.3 Margin 11.1% 9.5% Other Income 563.7 86.0 -477.7 Share of Profit (Loss) of Investments Accounted for Using the Equity Method 164.9 141.0 -23.8 Income before Income Taxes 1,872.2 1,252.1 -620.1 Net Income Attributable to Toyota Motor Corporation 1,333.3 841.3 -492.0 Margin 11.3% 6.9% FOREX Rates US$ 156 yen 145 yen -11 yen € 168 yen 164 yen -4 yen * * Regarding Japan: 96.6 (-33.4 year on year), China: 23.3 (+8.4 year on year), Other: 21.0 (+1.0 year on year)

• 7. 7 *1 Details *2 Details *3 Details *4 Details Transactional (Imports/Exports) -245.0 Volume, Model Mix +160.0 Labor Cost -35.0 Valuation Gains / Losses from Swaps, etc. +43.4 　- US $ -135.0 Value Chain +60.0 Depreciation Expenses +5.0 Impact of Inflation Accounting, etc. +41.5 　 - € -10.0 - Financial Services +30.0 R&D Expenses -45.0 Other +62.8 　 - Other -100.0 - Accessories / Spare Parts / Expenses, etc. -295.0 Translational FOREX Impact Concerning Used Vehicle / Connected, etc. Overseas Subsidiaries, etc. Other +40.0 +30.0 +80.0 1,308.4 1,166.1 -165.0 -15.0 +260.0 -370.0 +147.7 Which includes: Strengthening Foundation of Suppliers/ Materials Prices Cost Reduction -60.0 -125.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc.： Operating Income (-142.3) +45.0 Which includes: Tariff Impact -450.0 156 yen/US$ 168 yen/ € 2024.4-6 2025.4-6 (billions of yen) Analysis of Consolidated Operating Income 145 yen/US$ 164 yen/ € Cost Reduction Efforts Other *4 Effects of FOREX Rates *1 Marketing Efforts *2 Increase or Decrease in Expenses and Expense Reduction Efforts *3

• 8. 8 Geographic Operating Income 885.2 100.7 123.8 244.6 33.6 643.4 -63.6 97.4 220.7 98.4 421 481 705 794 291 298 436 421 398 417 [16.9%] [ ] Margin Japan N. America Europe Asia Other Operating Income including Valuation Gains/Losses relating to Swaps, etc. (billions of yen) 881.2 645.0 85.0 -21.1 124.6 96.9 245.9 215.7 41.7 94.0 2024.4-6 2025.4-6 [3.2%] [2.0%] [8.2%] -164.4 -241.8 -26.3 -23.8 +64.8 [11.0%] (114.2%) (112.7%) (102.2%) (96.5%) Operating Income (billions of yen) (excluding Valuation Gains/Losses relating to Swaps, etc.) Consolidated Vehicle Sales (thousands of vehicles) Incl. China (excl. investments accounted for using the equity method of associates and joint ventures) [12.3%] [-1.2%] [10.3%] [6.2%] [8.7%] (104.8%) 2024.4-6 2025.4-6 2024.4-6 2025.4-6 2024.4-6 2025.4-6 2024.4-6 2025.4-6

• 9. 9 China Business / Financial Services 14.9 23.3 44.6 55.0 (Ref.) China Business Operating Income of Consolidated Subsidiaries (billions of yen) Share of Profit of Investments Accounted for Using the Equity Method of Associates and Joint Ventures (billions of yen) Toyota and Lexus Vehicle Retail Sales (thousands of vehicles) Financial Services Operating Income (billions of yen) ＊ Excluding Valuation Gains/Losses relating to Swaps, etc. 411 450 2024.4-6 2025.4-6 +10.4 Marketing Efforts, etc. 169.0 188.0 +19.0 Effects of Increase in Loan Balance, etc. 2024.4-6 2025.4-6 159.7 222.2 +8.4 Cost Reduction Efforts, etc. (109.5%) Operating Income including Valuation Gains/Losses relating to Swaps, etc. (billions of yen)

• 10. 10 FY2026 Financial Forecasts

• 11. 11 FY2026 Forecast: Consolidated Vehicle Sales 1,659 1,838 1,172 2,703 1,991 1,670 1,680 1,900 1,860 1,220 1,230 2,940 2,960 2,070 2,070 0 2,000 4,000 6,000 8,000 10,000 9,800 Previous Forecast 2025.4-2026.3 New Forecast 2025.4-2026.3 9,800 100.0% 100.0% 97.9% 100.6% 100.7% 100.8% vs. Previous Forecast (thousands of vehicles) Japan N. America Europe Asia Other Central and South America, Oceania, Africa, The Middle East, etc. Reference (retail) Toyota and Lexus Vehicle Sales 10,400 10,400 100.0% 10,274 Electrified Vehicles [%] 5,184 5,123 98.8% 4,748 HEV 4,663 4,625 99.2% 4,441 PHEV 209 188 90.0% 161 BEV 310 308 99.4% 145 FCEV 1 1 100.0% 1 Total Retail Vehicle Sales 11,200 11,200 100.0% 11,011 [49.8%] [49.3%] 9,362 FY2025 Results 2024.4-2025.3 [46.2%]

• 12. 12 FY2026 Forecast: Consolidated Financial Summary (billions of yen) Previous Forecast 2025.4-2026.3 New Forecast 2025.4-2026.3 Change Sales Revenues 48,500.0 48,500.0 ±0 Operating Income 3,800.0 3,200.0 -600.0 Margin 7.8% 6.6% Other Income 610.0 670.0 +60.0 Share of Profit (Loss) of Investments Accounted for Using the Equity Method 600.0 550.0 -50.0 Income before Income Taxes 4,410.0 3,870.0 -540.0 Net Income Attributable to Toyota Motor Corporation 3,100.0 2,660.0 -440.0 Margin 6.4% 5.5% Dividend per share 95 yen 95 yen ±0 yen FOREX Rates US$ 145 yen 145 yen ±0 yen € 160 yen 160 yen ±0 yen FY2025 Results 2024.4-2025.3 48,036.7 4,795.5 10.0% 1,619.0 591.2 6,414.5 4,765.0 9.9% 90 yen 153 yen 164 yen

• 13. 13 Analysis of FY2026 Forecast: Consolidated Operating Income (vs. FY2025 Results) 153 yen/US$ 164 yen/€ 145 yen/US$ 160 yen/€ FY2025 Results 2024.4-2025.3 FY2026 New Forecast 2025.4-2026.3 Human Resources -245.0 Growth Areas -225.0 -300.0 -470.0 +899.5 3,200.0 -1,400.0 4,795.5 (billions of yen) One-time Factors +400.0 Effects of FOREX Rates -725.0 Materials Prices Tariff Impact (Investment in Human Resources and Growth Areas) Comprehensive Investment Improvement Efforts Volume, Model Mix +310.0 Cost Reduction +260.0 Value Chain Profits +165.0 Other -164.5 Operating Income (-1,595.5)

• 14. 14 FY2009 FY2021 FY2024 FY2026 Forecast Changes in Profit Structure Break-even Volume Consolidated Vehicle Sales 7,567 7,646 9,800 9,443 -0.4 2.1 5.3 3.2 -30% Improvement 【regional sales mix】 Focused on North America Expanding sales volume through Product- and Region-Centered Management, improving Breakeven Volume Operating Income Value chain profits Expand “Investment in Human Resources” and “Planting Seeds for the Future” ⇒ Considering the impact of U.S.tariffs, continue working to further strengthen our earning power 【regional sales mix】 Improved Regional Balance Net Liquid Assets (trillions of yen) 1.5 8.0 12.6 14.6 -Comprehensive Investment -1.3 -Tariff Impact -1.4 -Vehicle Sales / Value chain +0.8 -Cost Reduction +0.5 (trillions of yen) (thousands of vehicles) Japan N. America Europe Asia China Other Japan N.America Europe Asia China Other (Q1 Results)

• 15. 15 3,800.0 Cost Reduction Efforts Other *4 +60.0 +75.0 +20.0 Operating Income (-600.0) Effects of FOREX Rates *1 Marketing Efforts *2 +245.0 145 yen/US$ 160 yen/€ 145 yen/US$ 160 yen/€ Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc： -695.0 -1,000.0 3,200.0 FY2026 Previous Forecast 2025.4-2026.3 FY2026 New Forecast 2025.4-2026.3 Which includes: Strengthening Foundation of Suppliers / Materials Prices -545.0 Cost Reduction +240.0 Increase or Decrease in Expenses and Expense Reduction Efforts *3 (billions of yen) (Ref.) Analysis of FY2026 Forecast: Consolidated Operating Income (vs. Previous Forecast) Which includes: Tariff Impact -1,220.0 *1 Details *2 Details *3 Details *4 Details Transactional (Imports/Exports) +20.0 Volume, Model Mix +50.0 Labor Cost +10.0 Valuation Gains / Losses from Swaps, etc. +35.0 　- US $ ±0.0 Value Chain +15.0 Depreciation Expenses ±0.0 Impact of Inflation Accounting, etc. +19.5 　 - € ±0.0 - Financial Services +15.0 R&D Expenses ±0.0 HINO MOTORS Certification Related ±0.0 　 - Other +20.0 - Accessories / Spare Parts / Expenses, etc. -1,010.0 Expenses Translational FOREX Impact Concerning Used Vehicle / Connected, etc. Other +20.5 Overseas Subsidiaries, etc. Other +180.0 ±0.0 ±0.0

• 16. 16 4,795.5 Cost Reduction Efforts Other *4 -245.0 +465.0 -725.0 Operating Income (-1,595.5) Effects of FOREX Rates *1 Marketing Efforts *2 +655.0 153 yen/US$ 164 yen/€ 145 yen/US$ 160 yen/€ Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc： -1,335.5 -1,745.5 3,200.0 FY2025 Results 2024.4-2025.3 FY2026 New Forecast 2025.4-2026.3 Which includes: Strengthening Foundation of Suppliers / Materials Prices -495.0 Cost Reduction +250.0 Increase or Decrease in Expenses and Expense Reduction Efforts *3 (billions of yen) (Ref.) Analysis of FY2026 Forecast: Consolidated Operating Income (vs. FY2025 Results) Which includes: Tariff Impact -1,400.0 *1 Details *2 Details *3 Details *4 Details Transactional (Imports/Exports) -695.0 Volume, Model Mix +310.0 Labor Cost -175.0 Valuation Gains / Losses from Swaps, etc. +25.0 　- US $ -400.0 Value Chain +165.0 Depreciation Expenses -175.0 Impact of Inflation Accounting, etc. +53.4 　 - € -35.0 - Financial Services +45.0 R&D Expenses -40.0 HINO MOTORS Certification Related +280.5 　 - Other -260.0 - Accessories / Spare Parts / Expenses, etc. -1,355.5 Expenses Translational FOREX Impact Concerning Used Vehicle / Connected, etc. Other +106.1 Overseas Subsidiaries, etc. Other +180.0 +120.0 -30.0

• 17. 17 (Ref.) Transition of Financial Performance 2,134.8 1,605.8 2,010.8 2,300.0 1,343.0 2022.3 2023.3 2024.3 2025.3 2026.3 1,500.0 1,185.0 1,248.4 1,360.5 1,007.2 8,230 8,822 9,443 9,362 9,800 2022.3 2023.3 2024.3 2025.3 2026.3 718.2 816.9 1,011.7 1,178.4 2022.3 2023.3 2024.3 2025.3 2026.3 12,651.6 9,027.7 14,465.0 14,602.2 2022.3 2023.3 2024.3 2025.3 2025.6 16,702.4 31.3 37.2 45.0 48.0 48.5 2022.3 2023.3 2024.3 2025.3 2026.3 3.6 3.3 2.7 2.8 2.8 9.5 7.3 11.9 10.0 6.6 9.1 6.6 11.0 9.9 5.5 4,944.9 4,765.0 2,850.1 2,660.0 2,451.3 2022.3 2023.3 2024.3 2025.3 2026.3 4,795.5 3,200.0 2,995.6 2,725.0 5,352.9 2022.3 2023.3 2024.3 2025.3 2026.3 1,241.6 1,202.3 1,326.4 1,370.0 1,124.2 2022.3 2023.3 2024.3 2025.3 2026.3 (thousands of vehicles) Consolidated Vehicle Sales Sales Revenues (trillions of yen) Operating Income (billions of yen) Net Income Attributable to Toyota Motor Corporation Operating Margin (%) (billions of yen) Net Margin (%) Dividend per Share (yen) * 3 Total Liquid Assets* 1 Total Shareholder Return (billions of yen) Ratio to Sales Revenues (%) Depreciation Expenses R&D Expenses* (billions of yen) (billions of yen) 6 Capital Expenditures* 7 (billions of yen) Share Repurchase*4*5 Dividend InterestBearing Debt*2 Net Liquid Assets *1 Cash and cash equivalents, time deposits, public and corporate bonds and its investment in monetary trust funds, excluding in each case those relating to financial services. *6 Figures for R&D expenses are R&D activity related expenditures incurred during the reporting period and do not conform to “research and development costs" included in Toyota's Consolidated Statement of Income. 8,341.3 Forecast 15,079.5 1,153.8 1,116.9 2,111.7 1,378.4 *2 Not including lease liabilities 10,517.3 52 60 75 90 95 11,313.7 17,016.3 (Forecast ) *4 Excluding shares constituting less than one unit that were purchased upon request as well as commission fees incurred for repurchases. *5 Shareholder return on Net Income for the period (States the maximum total purchase price for the repurchase of shares during the repurchase period, or the actual purchase price of shares repurchased after the completion of the repurchase period.) *7 Figures for depreciation expenses and capital expenditures do not include vehicles on operating leases or right of use assets. *3 Dividends per common share on a post-stock split (a five-for-one stock split of shares of our common stock that was conducted on October 1, 2021) basis

• 18. 18 (Ref.) FY2026 Forecast: Vehicle Production and Retail Sales 生産Vehicle Production * Japan 3,350 3,300 -50 Overseas 6,650 6,700 +50 Total 10,000 10,000 ±0 Previous Forecast 2025.4-2026.3 New Forecast 2025.4-2026.3 Change 11,200 11,200 ±0 Toyota & Lexus Total Retail Vehicle Sales * Including vehicles by Toyota’s unconsolidated entities (thousands of vehicles) * Retail Vehicle Sales * Japan 1,500 1,500 ±0 Overseas 8,900 8,900 ±0 Total 10,400 10,400 ±0 3,236 6,443 9,679 FY2025 Results 2024.4-2025.3 11,011 1,505 8,768 10,274

• 19. 19 (Ref.) Definitions of Consolidated and Retail Vehicle Sales Daihatsu- and Hino- brand vehicles Number of vehicles produced for wholesale by Toyota Motor Corporation and its consolidated subsidiaries Number of vehicles produced for wholesale by Toyota’s unconsolidated entities (e.g. joint ventures in China, etc.) *There are a limited number of exceptional cases where sales are made other than in accordance with the flowchart above. Consolidated Vehicle Sales Distributors or Dealers outside consolidation Toyota and Lexus Vehicle Sales Total Retail Vehicle Sales Customers