Toyota Financial Services Leads the Industry, Accelerating a Simpler Auto Financing Experience

Toyota Financial Services Leads the Industry, Accelerating a Simpler Auto Financing Experience

November 11, 2014 by · Leave a Comment 

TORRANCE, Calif.,

Toyota Announces Return of Dream Car Art Contest

Toyota Announces Return of Dream Car Art Contest

September 27, 2014 by · Leave a Comment 

TORRANCE, Calif., (Sept. 22, 2014) –

Toyota Motor Corporation Announces Financial Results for Fiscal Year Ended March 31, 2014

May 8, 2014 by · Leave a Comment 

Toyota City, Japan, May 8, 2014— Toyota Motor Corporation (TMC) today announces its financial results for the fiscal year ended March 31, 2014. For Comprehensive FY2014 Financial Materials: http://www.toyota-global.com/investors/financial_result/

Toyota plans biggest stock buyback in over a decade

Toyota plans biggest stock buyback in over a decade

April 1, 2014 by · Leave a Comment 

Filed under: Toyota , Earnings/Financials At the end of December, 2013 Toyota had a cash stockpile of 1.8 trillion yen ($17.5B US). As of March 31, at the end of its current financial year, company coffers are expected to swallow another 1.9 trillion yen ($18.4B US) in net profit – said to be a record sum for the Japanese automaker. In a gesture signaling a turnaround from the horrors of the global recession, Bloomberg reports that Toyota will buy back 60 million shares of its stock, as much as 1.89 percent of the company, for something like 360 billion yen ($3.5B US). It’s the first buyback since 2009 and the largest buyback since 2003, when it spent roughly 390 billion yen ($3.8B US) repurchasing shares. Company president Akio Toyoda founded the Toyota Mobility Foundation (TMF), a non-profit that will support international groups working on transportation issues in emerging markets. Half of the stock that Toyota buys, 30 million shares, will be sold to the foundation via the Japanese Trustee Services Bank for one yen per share, the dividend providing the foundation’s initial funding. The other 30 million shares will be canceled, a company spokesman telling Reuters that the company wants to reward shareholders. Industry analysts have been asking Toyota to either return money to shareholders or invest in new factories, but Toyota has ruled out the latter. After getting burned with excess capacity when the financial crisis came, the company is focused on extracting efficiencies from the plants it already has. Toyota has said it plans to complete the buyback by June of this year.

Toyota Financial Services (TFS) Issues Auto Industry’s First-Ever Asset-Backed Green Bond

March 24, 2014 by · Leave a Comment 

TORRANCE, Calif., (March 24, 2014)

Toyota’s Earth-Friendly Campaign Raises Lots of ‘Green’ for Boys & Girls Clubs of America

November 19, 2013 by · Leave a Comment 

TORRANCE, Calif.,November 18, 2013 – Toyota Financial Services (TFS) / Lexus Financial Services (LFS) is kicking off its third annual “GoGreen” campaign, encouraging customers to sign up for paperless billing statements; allowing them to receive monthly emails when their bill is due, rather than traditional paper statements sent through the mail.

Toyota Financial Services Offers Payment Relief to Customers Affected by Federal Government Shutdown

October 15, 2013 by · Leave a Comment 

TORRANCE, Calif.,

Toyota Financial Services (TFS) Issues New Diversity & Inclusion Bond

September 20, 2013 by · Leave a Comment 

TORRANCE, Calif.,September 19, 2013 – Toyota Financial Services (TFS) is issuing a new Diversity & Inclusion Bond, a key component of the company's comprehensive funding program. TFS issued its first Diversity & Inclusion Bond in January 2013 to positive response from investors, banks, and other issuers.

Toyota Financial Services Expands Student Scholarship Program to $1 Million

August 13, 2013 by · Leave a Comment 

Torrance, Calif., August 13, 2013

Toyota Financial Services President & CEO George Borst to Retire, Mike Groff to be Appointed New Company President & CEO

July 30, 2013 by · Leave a Comment 

TORRANCE, Calif., July 29, 2013 – Toyota Financial Services (TFS) announced today that George Borst , the company’s U.S. leader of 16 years will be retiring effective September 30, 2013, after which he will assume the role of Executive Advisor until the end of calendar year 2014. Appointed to replace Borst is Mike Groff , currently Senior Vice President, Sales, Marketing & Product Development at TFS.

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