Financial Analysis and Strategic Forecast of Toyota

Abstract

One of the main forces boosting the nations economic expansion is the automobile industry. It has developed a respectable market share in the worlds four-wheeler businesses, which are essential to certain economic sectors. The one-year study period was the fiscal year of 2023, and the key information was gathered from the annual reports of the corporations-Toyota and its competitors. The paper analysis the Toyota Motor Corporation in four parts. Collected the evidence from the annual report, industry report and so in, the paper analysis the automobile corporation deeply. Firstly, the Introduction wraps up the companys history, development, business overview, and strategy. In accounting analysis, this paper analyzes some critical parts. I choose three critical items from the income statement and balance sheet to discuss the accounting records, Intangible incurred by R&D expenses, Vehicles and equipment on operating leases, and Revenue recognition. In the third part, this paper analyzes Toyota from four perspectives, liquidity, solvency, efficiency, and profitability with three ratios respectively. It argues for the current and future business, which gives the investor a deep understanding of Toyota and the automobile industry.