other_material
confidence high
sentiment neutral
materiality 0.55
TMCC FY2025 net income rises 17% to $1.7B; delinquencies improve
TOYOTA MOTOR CREDIT CORP
- Total financing revenues $13.2B (+9% YoY); net income $1.7B (+17% YoY) for year ended March 31, 2025.
- Over-60-day delinquency rates improved: retail 0.58% (vs 0.64%), lease 0.37% (vs 0.48%).
- Net credit losses on retail loans increased to 0.89% of principal balance (vs 0.79% prior year).
- Nearly 5.0 million active finance contracts; allowance for credit losses stable at 1.59%.
- A+/A1/A+ credit ratings with stable outlook; credit support agreements with TFSC/TMC remain.
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