Toyota Motor (TM) 20-F25 Jun 242024 FY Annual report (foreign)Financial data

Company Profile

Cover Page

Cover Page	12 Months Ended
Cover Page	Mar. 31, 2024 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Registrant Name	TOYOTA MOTOR CORP/
Entity Central Index Key	0001094517
Current Fiscal Year End Date	--03-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	13,474,172,027
Entity Voluntary Filers	No
Entity Shell Company	false
Entity Emerging Growth Company	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Document Shell Company Report	false
Entity File Number	001-14948
Entity Incorporation, State or Country Code	M0
Entity Address, Address Line One	1 Toyota-cho
Entity Address, City or Town	Toyota City
Entity Address, Country	JP
Entity Address, Postal Zip Code	471-8571
Document Accounting Standard	International Financial Reporting Standards
ICFR Auditor Attestation Flag	true
Auditor Name	PricewaterhouseCoopers Japan LLC
Auditor Firm ID	2743
Auditor Location	Nagoya, Japan
Document Financial Statement Error Correction [Flag]	false
American Depositary Shares [Member]
Document Information [Line Items]
Trading Symbol	TM
Title of 12(b) Security	American Depositary Shares
Security Exchange Name	NYSE
Common Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Common Stock
Security Exchange Name	NONE
No Trading Symbol Flag	true
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	Toyota-cho
Entity Address, City or Town	Toyota City
Entity Address, Country	JP
Entity Address, Postal Zip Code	471-8571
City Area Code	565
Local Phone Number	28-2121
Contact Personnel Name	Yoshihide Moriyama

CONSOLIDATED STATEMENT OF FINAN

CONSOLIDATED STATEMENT OF FINANCIAL POSITION - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Current assets
Cash and cash equivalents	¥ 9,412,060	¥ 7,516,966
Trade accounts and other receivables	3,789,429	3,586,130
Receivables related to financial services	11,057,269	8,279,806
Other financial assets	4,702,168	1,715,675
Inventories	4,605,368	4,255,614
Income tax receivable	116,886	218,704
Other current assets	1,031,098	886,885
Total current assets	34,714,279	26,459,781
Non-current assets
Investments accounted for using the equity method	5,710,106	5,227,345
Receivables related to financial services	20,637,090	16,491,045
Other financial assets	11,390,559	10,556,431
Property, plant and equipment
Land	1,441,811	1,426,370
Buildings	5,884,749	5,464,811
Machinery and equipment	16,469,032	14,796,619
Vehicles and equipment on operating leases	7,523,911	6,774,427
Construction in progress	1,040,188	846,866
Total property, plant and equipment, at cost	32,359,692	29,309,093
Less - Accumulated depreciation and impairment losses	(18,101,905)	(16,675,119)
Total property, plant and equipment, net	14,257,788	12,633,974
Right of use assets	532,835	491,368
Intangible assets	1,355,326	1,249,122
Deferred tax assets	502,230	387,427
Other non-current assets	1,014,083	806,687
Total non-current assets	55,400,017	47,843,399
Total assets	90,114,296	74,303,180
Current liabilities
Trade accounts and other payables	5,251,357	4,986,309
Short-term and current portion of long-term debt	15,406,284	12,305,639
Accrued expenses	1,863,760	1,552,345
Other financial liabilities	1,700,137	1,392,397
Income taxes payable	1,224,542	404,606
Liabilities for quality assurance	1,836,314	1,686,357
Other current liabilities	1,895,516	1,632,063
Total current liabilities	29,177,909	23,959,715
Non-current liabilities
Long-term debt	21,155,496	17,074,634
Other financial liabilities	495,814	533,710
Retirement benefit liabilities	1,077,962	1,065,508
Deferred tax liabilities	2,219,638	1,802,346
Other non-current liabilities	748,139	603,052
Total non-current liabilities	25,697,049	21,079,251
Total liabilities	54,874,958	45,038,967
Shareholders' equity
Common stock	397,050	397,050
Additional paid-in capital	491,802	498,728
Retained earnings	32,795,365	28,343,296
Other components of equity	4,503,756	2,836,195
Treasury stock	(3,966,982)	(3,736,562)
Total Toyota Motor Corporation shareholders' equity	34,220,991	28,338,706
Non-controlling interests	1,018,347	925,507
Total shareholders' equity	35,239,338	29,264,213
Total liabilities and shareholders' equity	¥ 90,114,296	¥ 74,303,180

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME - JPY (¥) ¥ in Millions	12 Months Ended
CONSOLIDATED STATEMENT OF INCOME - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Sales revenues
Total sales revenues	¥ 45,095,325	¥ 37,154,298	¥ 31,379,507
Costs and expenses
Selling, general and administrative	4,015,383	3,587,990	2,975,977
Total costs and expenses	39,742,390	34,429,273	28,383,811
Operating income	5,352,934	2,725,025	2,995,697
Share of profit (loss) of investments accounted for using the equity method	763,137	643,063	560,346
Other finance income	747,236	379,350	334,760
Other finance costs	(103,709)	(125,113)	(43,997)
Foreign exchange gain (loss), net	187,568	124,516	216,187
Other income (loss), net	17,918	(78,109)	(72,461)
Income before income taxes	6,965,085	3,668,733	3,990,532
Income tax expense	1,893,665	1,175,765	1,115,918
Net income	5,071,421	2,492,967	2,874,614
Net income attributable to
Toyota Motor Corporation	4,944,933	2,451,318	2,850,110
Non-controlling interests	126,488	41,650	24,504
Net income	¥ 5,071,421	¥ 2,492,967	¥ 2,874,614
Earnings per share attributable to Toyota Motor Corporation
Basic	¥ 365.94	¥ 179.47	¥ 205.23
Diluted	¥ 365.94	¥ 179.47	¥ 205.23
Sales of products [Member]
Sales revenues
Total sales revenues	¥ 41,648,130	¥ 34,367,619	¥ 29,073,428
Costs and expenses
Cost of goods and services sold	33,600,612	29,128,561	24,250,784
Financial services [Member]
Sales revenues
Total sales revenues	3,447,195	2,786,679	2,306,079
Costs and expenses
Cost of goods and services sold	¥ 2,126,395	¥ 1,712,721	¥ 1,157,050

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Statement of comprehensive income [abstract]
Net income	¥ 5,071,421	¥ 2,492,967	¥ 2,874,614
Items that will not be reclassified to profit (loss)
Net changes in revaluation of financial assets measured at fair value through other comprehensive income	557,539	99,223	(49,242)
Remeasurements of defined benefit plans	46,328	65,153	136,250
Share of other comprehensive income of equity method investees	156,118	(77,148)	113,641
Total of items that will not be reclassified to profit (loss)	759,984	87,228	200,648
Items that may be reclassified subsequently to profit (loss)
Exchange differences on translating foreign operations	1,178,875	676,042	902,844
Net changes in revaluation of financial assets measured at fair value through other comprehensive income	12,247	(115,738)	(154,174)
Share of other comprehensive income of equity method investees	165,996	180,181	193,811
Total of items that may be reclassified subsequently to profit (loss)	1,357,118	740,485	942,480
Total other comprehensive income, net of tax	2,117,103	827,713	1,143,129
Comprehensive income	7,188,523	3,320,681	4,017,742
Comprehensive income for the period attributable to
Toyota Motor Corporation	6,999,828	3,251,090	3,954,350
Non-controlling interests	188,696	69,591	63,392
Comprehensive income	¥ 7,188,523	¥ 3,320,681	¥ 4,017,742

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - JPY (¥) ¥ in Millions	Total	Common Stock [Member]	Additional paid-in capital [Member]	Retained earnings [Member]	Other components of equity [Member]	Treasury stock [Member]	Toyota Motor Corporation shareholders' equity [Member]	Non-controlling interests [Member]
Beginning balance at Mar. 31, 2021	¥ 24,288,329	¥ 397,050	¥ 497,275	¥ 24,104,176	¥ 1,307,726	¥ (2,901,680)	¥ 23,404,547	¥ 883,782
Comprehensive income
Net income	2,874,614			2,850,110			2,850,110	24,504
Other comprehensive income, net of tax	1,143,129				1,104,240		1,104,240	38,889
Comprehensive income	4,017,742			2,850,110	1,104,240		3,954,350	63,392
Transactions with owners and other
Dividends paid	(761,595)			(709,872)			(709,872)	(51,723)
Repurchase of treasury stock	(404,718)					(404,718)	(404,718)
Reissuance of treasury stock	588		227			362	588
Equity transactions and other	14,473		1,074				1,074	13,400
Total transactions with owners and other	(1,151,252)		1,300	(709,872)		(404,357)	(1,112,928)	(38,323)
Reclassification to retained earnings				208,712	(208,712)
Ending balance at Mar. 31, 2022	27,154,820	397,050	498,575	26,453,126	2,203,254	(3,306,037)	26,245,969	908,851
Comprehensive income
Net income	2,492,967			2,451,318			2,451,318	41,650
Other comprehensive income, net of tax	827,713				799,772		799,772	27,941
Comprehensive income	3,320,681			2,451,318	799,772		3,251,090	69,591
Transactions with owners and other
Dividends paid	(812,966)			(727,980)			(727,980)	(84,986)
Repurchase of treasury stock	(431,099)					(431,099)	(431,099)
Reissuance of treasury stock	907		334			573	907
Equity transactions and other	31,871		(181)				(181)	32,052
Total transactions with owners and other	(1,211,287)		152	(727,980)		(430,526)	(1,158,353)	(52,934)
Reclassification to retained earnings				166,831	(166,831)
Ending balance at Mar. 31, 2023	29,264,213	397,050	498,728	28,343,296	2,836,195	(3,736,562)	28,338,706	925,507
Comprehensive income
Net income	5,071,421			4,944,933			4,944,933	126,488
Other comprehensive income, net of tax	2,117,103				2,054,895		2,054,895	62,208
Comprehensive income	7,188,523			4,944,933	2,054,895		6,999,828	188,696
Transactions with owners and other
Dividends paid	(970,506)			(880,197)			(880,197)	(90,309)
Repurchase of treasury stock	(231,069)					(231,069)	(231,069)
Reissuance of treasury stock	911		263			649	911
Equity transactions and other	(12,735)		(7,188)				(7,188)	(5,546)
Total transactions with owners and other	(1,213,398)		(6,926)	(880,197)		(230,420)	(1,117,543)	(95,856)
Reclassification to retained earnings				387,334	(387,334)
Ending balance at Mar. 31, 2024	¥ 35,239,338	¥ 397,050	¥ 491,802	¥ 32,795,365	¥ 4,503,756	¥ (3,966,982)	¥ 34,220,991	¥ 1,018,347

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net income	¥ 5,071,421	¥ 2,492,967	¥ 2,874,614
Depreciation and amortization	2,087,066	2,039,904	1,821,880
Interest income and interest costs related to financial services, net	(713,506)	(694,331)	(354,102)
Share of profit (loss) of investments accounted for using the equity method	(763,137)	(643,063)	(560,346)
Income tax expense	1,893,665	1,175,765	1,115,918
Changes in operating assets and liabilities, and other	(3,975,836)	(1,502,482)	(1,130,667)
(Increase) decrease in trade accounts and other receivables	(859,239)	(532,432)	118,652
(Increase) decrease in receivables related to financial services	(3,398,434)	(1,760,288)	(1,213,234)
(Increase) decrease in inventories	(207,529)	(350,550)	(725,285)
(Increase) decrease in other current assets	(326,365)	(61,538)	71,314
Increase (decrease) in trade accounts and other payables	560,737	712,400	152,399
Increase (decrease) in other current liabilities	666,513	545,666	410,546
Increase (decrease) in retirement benefit liabilities	(161)	21,213	60,419
Other, net	(411,358)	(76,953)	(5,478)
Interest received	2,292,156	1,516,404	835,739
Dividends received	587,259	460,351	347,387
Interest paid	(1,148,392)	(593,216)	(418,043)
Income taxes paid, net of refunds	(1,124,322)	(1,297,224)	(809,763)
Net cash provided by (used in) operating activities	4,206,373	2,955,076	3,722,615
Cash flows from investing activities
Additions to fixed assets excluding equipment leased to others	(1,846,447)	(1,450,196)	(1,197,266)
Additions to equipment leased to others	(2,867,660)	(1,907,356)	(2,286,893)
Proceeds from sales of fixed assets excluding equipment leased to others	154,985	56,436	37,749
Proceeds from sales of equipment leased to others	2,008,634	1,659,161	1,542,132
Additions to intangible assets	(334,287)	(348,280)	(346,085)
Additions to public and corporate bonds and stocks	(2,972,779)	(1,150,214)	(2,427,911)
Proceeds from sales of public and corporate bonds and stocks	1,201,405	393,982	282,521
Proceeds upon maturity of public and corporate bonds	1,049,963	939,747	1,920,116
Other, net	(1,392,565)	207,829	1,898,143
Net cash provided by (used in) investing activities	(4,998,751)	(1,598,890)	(577,496)
Cash flows from financing activities
Increase (decrease) in short-term debt	401,740	239,689	(579,216)
Proceeds from long-term debt	12,057,349	9,276,918	8,122,678
Payments of long-term debt	(8,752,329)	(8,353,033)	(8,843,665)
Dividends paid to Toyota Motor Corporation common shareholders	(880,197)	(727,980)	(709,872)
Dividends paid to non-controlling interests	(90,309)	(84,986)	(51,723)
Reissuance (repurchase) of treasury stock	(231,069)	(431,099)	(404,718)
Other, net	(7,627)	24,310
Net cash provided by (used in) financing activities	2,497,558	(56,180)	(2,466,516)
Effect of exchange rate changes on cash and cash equivalents	189,914	103,305	334,195
Net increase (decrease) in cash and cash equivalents	1,895,094	1,403,311	1,012,798
Cash and cash equivalents at beginning of year	7,516,966	6,113,655	5,100,857
Cash and cash equivalents at end of year	¥ 9,412,060	¥ 7,516,966	¥ 6,113,655

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Mar. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Reporting entity

Reporting entity	12 Months Ended
Reporting entity	Mar. 31, 2024
Text block 1 [Abstract]
Reporting entity	1. Reporting entity TMC is a limited liability, joint-stock company located in Japan, and TMC’s principal executive offices are registered in Toyota City, Aichi Prefecture. The consolidated financial statements of the group consist of TMC, its consolidated subsidiaries (collectively, “Toyota”) and their interests in associates and joint ventures. Toyota and its associates are primarily engaged in the design, manufacture, and sale of sedans, minivans, compact cars, SUVs, trucks and related parts and accessories throughout the world. In addition, Toyota and its associates provide financing, vehicle leasing and certain other financial services primarily to its dealers and their customers to support the sales of vehicles and other products manufactured by Toyota and its associates.

Basis of preparation

Basis of preparation	12 Months Ended
Basis of preparation	Mar. 31, 2024
Text block 1 [Abstract]
Basis of preparation	2. Basis of preparation (1) Compliance with IFRS Accounting Standards Toyota’s consolidated financial statements have been prepared in accordance with IFRS Accounting Standards as issued by the IASB. The consolidated financial statements were approved on June 25, 2024 by President, member of the Board of Directors Koji Sato and CFO, member of the Board of Directors Yoichi Miyazaki. (2) Basis of measurement Toyota’s consolidated financial statements have been prepared on a historical cost basis, except for certain financial assets and liabilities measured at fair value and assets and liabilities associated with defined benefit plans indicated in “3. Material accounting policies”. (3) Functional currency and presentation currency The consolidated financial statements are presented in Japanese yen, which is the functional currency of TMC. All financial information presented in Japanese yen has been rounded to the nearest million Japanese yen, except when otherwise indicated. Amounts may not sum to totals due to rounding.

Material accounting policies

Material accounting policies	12 Months Ended
Material accounting policies	Mar. 31, 2024
Text block 1 [Abstract]
Material accounting policies	3. Material accounting policies Basis of consolidation - (1) Subsidiaries The consolidated financial statements include the accounts of TMC, its subsidiaries that are controlled by TMC, and those structured entities that are controlled by Toyota. Toyota controls an entity when Toyota is exposed or has rights to variable returns from involvement with the entity, and has the ability to affect those returns by using its power over the entity. The financial statements of subsidiaries have been adjusted in order to ensure consistency with the accounting policies adopted by Toyota as necessary. All significant intercompany balances and transactions as well as the unrealized profit have been eliminated in consolidation. Changes in a subsidiary’s ownership interests that do not result in a loss of control are accounted for as equity transactions. When control over a subsidiary is lost, any gain or loss on the disposal of the interest sold is recognized in profit or loss. (2) Associates and joint ventures Associates are entities over which Toyota has a significant influence over the decisions on financial and operating policies, but does not have control or joint control. Joint ventures are entities over which two or more parties including Toyota have joint control, based on a contractual arrangement, and financial and business decisions about the relevant activities of which require unanimous consent of the parties that have joint control. Investments in associates and joint ventures are accounted for using the equity method. The financial statements of associates and joint ventures have been adjusted in order to ensure consistency with the accounting policies adopted by Toyota as necessary. When the use of the equity method is discontinued from the date when the investees are determined to be no longer associates or joint ventures, any gain or loss on such disposal of the investment is recognized in profit or loss. Foreign currency translation - (1) Foreign currency transactions Foreign currency transactions are translated into the respective functional currencies of Toyota at the exchange rates prevailing when such transactions occur. All foreign currency receivables and payables are translated into the respective functional currencies at the applicable exchange rates at the end of the reporting period. Non-monetary (2) Foreign operations All assets and liabilities of foreign subsidiaries, associates and joint ventures (collectively, “foreign operations”) that use a functional currency other than Japanese yen are translated into Japanese yen at the exchange rates at the end of the reporting period. All revenues and expenses of foreign operations are translated into Japanese yen at the average exchange rate for the period unless the exchange rate fluctuates widely. Exchange differences arising from such translations are recognized in other comprehensive income and accumulated in other components of equity in the consolidated statement of financial position. When a foreign operation is disposed of, and control, significant influence or joint control over the foreign operation is lost, the cumulative amount of exchange differences relating to the foreign operation is reclassified from equity to profit or loss. Cash and cash equivalents - Cash and cash equivalents consist of cash on hand, demand deposits, and short-term investments that are readily convertible to cash and are subject to insignificant risk of changes in value with three months or less maturities from the acquisition date. Financial instruments - (1) Financial assets (i) Initial recognition and measurement Toyota initially recognizes financial assets when it becomes a party to a contract and except for derivatives, classifies financial assets into “financial assets measured at amortized cost”, “debt and equity financial assets measured at fair value through other comprehensive income” or “financial assets measured at fair value through profit or loss”. The sale or purchase of financial assets that occurred in the normal course of business are recognized and derecognized at the trade date. Financial assets classified as being measured at fair value through profit or loss are measured at fair value, but other financial assets are initially recognized and measured at fair value adding transaction costs directly attributable to acquisition. Trade receivables that do not contain significant financial elements are measured at the transaction price. (a) Financial assets measured at amortized cost Toyota classifies a financial asset as measured at amortized cost if both of the following conditions are met: The asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows; and The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. (b) Debt financial assets measured at fair value through other comprehensive income Debt financial assets are measured at fair value through other comprehensive income only if it meets both of the following conditions: The asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. (c) Equity financial assets measured at fair value through other comprehensive income For equity financial assets such as shares held mainly for the purpose of maintaining or enhancing business relationships with investees, they are irrevocably designated at initial recognition as financial assets measured at fair value through other comprehensive income. (d) Financial assets measured at fair value through profit or loss Financial assets other than (a) to (c) are classified as financial assets measured at fair value through profit or loss. (ii) Subsequent measurement After initial recognition, financial assets are measured based on the following classification. (a) Financial assets measured at amortized cost Financial assets measured at amortized cost are measured at amortized cost using the effective interest method. (b) Debt financial assets measured at fair value through other comprehensive income Subsequent changes in fair value of the financial assets are recognized as other comprehensive income. Impairment gains or losses, interest income and foreign exchange gains and losses are recognized in profit or loss. When the financial assets are derecognized, the cumulative gain or loss recognized in other comprehensive income is reclassified from other components of equity to profit or loss. (c) Equity financial assets measured at fair value through other comprehensive income Subsequent changes in fair value of the financial assets are recognized as other comprehensive income. When the financial assets are derecognized, the cumulative gain or loss recognized through other comprehensive income is reclassified from other components of equity to retained earnings. Dividends from equity financial assets are recognized in profit or loss. (d) Financial assets measured at fair value through profit or loss Subsequent changes in the fair value of the financial assets are recognized in profit or loss. (iii) Impairment of financial assets An allowance for credit losses is provided for expected credit losses on financial assets that are measured at amortized cost as well as debt financial assets measured at fair value through other comprehensive income. An allowance for credit losses is also provided for expected credit losses on loan commitments or financial guarantee agreements that are off-balance At the end of the reporting period, Toyota assesses whether the credit risk on financial assets have significantly increased since initial recognition. At the end of the reporting period, if Toyota identifies a significant increase in credit risk, allowances for credit losses are measured as being equal to the amount of expected credit losses that would result from default events that are possible over the expected life of a financial asset. At the end of the reporting period, if the credit risk for a financial instrument has not increased significantly since its initial recognition, allowances for credit losses are measured as being equal to the amount of the expected credit losses caused by default events that may occur within 12 months from the end of the reporting period. For accounts receivable that are included in “Trade accounts and other receivables” and finance lease receivables, the allowance is continuously measured at amounts equal to expected credit losses over the expected life of financial assets. The amount of expected credit losses is measured as the present value of all cash short falls resulting from the difference between the cash flows due to Toyota in accordance with the contract and cash flows that Toyota expects to receive, and such amount is recognized in profit or loss. A reversal of the allowance for credit losses resulting from a reduction in the amount of expected credit losses is recognized in profit or loss. If there is objective evidence of impairment such as significant financial difficulty of a borrower, or a default or delinquency by a borrower, interest income is measured applying the effective interest method to the net carrying amount of the financial asset (after deducting the allowance for credit loss). Financial assets are written off either partially or fully when there is no reasonable expectation of recovering a financial asset in its entirely or a portion thereof. (iv) Derecognition of financial assets Toyota derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or when Toyota transfers the contractual right to receive cash flows from financial assets in transactions in which substantially all the risks and rewards of ownership of the asset are transferred to another entity. When Toyota continues to retain control over a transferred financial asset in a situation in which it has neither transferred nor retained substantially all of its risk and economic value, Toyota recognizes the retained interest on such financial asset and the relevant liabilities that might possibly be paid in association therewith. (2) Financial liabilities (i) Initial recognition and measurement Toyota initially measures financial liabilities other than derivatives at fair value less transaction costs directly attributable to the issuance of financial liabilities. (ii) Subsequent measurement Toyota subsequently measures financial liabilities at amortized cost using the effective interest method. Amortization under the effective interest method and gain or losses on derecognition are recognized as finance income or costs and recognized in profit or loss. (iii) Derecognition of financial liabilities Toyota derecognizes financial liabilities when the financial liabilities expire, that is, when the liability identified in the contract expires due to performance, discharges, cancels, or expires. (3) Derivative financial instruments Toyota employs derivative financial instruments, including forward foreign exchange contracts, foreign currency options, interest rate swaps, interest rate currency swap agreements and interest rate options, to manage its exposure to fluctuations in interest rates and foreign currency exchange rates. All derivative transactions are measured at fair value as assets or liabilities. Toyota does not use derivative financial instruments for speculative or trading purposes. Finance receivables - Finance receivables recorded on Toyota’s consolidated statement of financial position are net of any unearned financial income and deferred origination costs and the allowance for credit losses. Deferred origination costs are amortized so as to approximate a level rate of return over the term of the related contracts. The determination of finance receivable portfolios is based primarily on the qualitative consideration of the nature of Toyota’s business operations and finance receivables. The three portfolios within finance receivables are as follows: (1) Retail receivables portfolio The retail receivables portfolio consists of retail installment sales contracts acquired mainly from dealers (“auto loans”) including credit card loans. These contracts acquired must first meet specified credit standards. Thereafter, Toyota retains responsibility for contract collection and administration. The contract periods of auto loans primarily range from 2 to 7 years. Toyota acquires security interests in the vehicles financed and has the right to repossess vehicles if customers fail to meet their contractual obligations. Almost all auto loans are non-recourse, Toyota manages the retail receivables portfolio as one portfolio based on common risk characteristics associated with the underlying finance receivables, the similarity of the credit risks, and the quantitative materiality. (2) Finance lease receivables portfolio Finance lease receivables are related to new vehicle lease contracts. The contract periods of these primarily range from 2 to 5 years. Lease contracts acquired must first meet specified credit standards after which Toyota assumes ownership of the leased vehicle. Toyota is responsible for contract collection and administration during the lease period. Toyota is generally permitted to take possession of the vehicle upon a default by the lessee. The residual value is estimated at the time the vehicle is first leased. Vehicles returned to Toyota at the end of their leases are sold by auction. Toyota manages the finance lease receivables portfolio as one portfolio based on common risk characteristics associated with the underlying finance receivables and the similarity of the credit risks. (3) Wholesale and other dealer loan receivables portfolio Toyota provides wholesale financing to qualified dealers to finance inventories. Toyota acquires security interests in vehicles financed at wholesale. In cases where additional security interests would be required, Toyota takes dealership assets or personal assets, or both, as additional security. If a dealer defaults, Toyota has the right to liquidate any assets acquired. Toyota also makes term loans to dealers for business acquisitions, facilities refurbishment, real estate purchases and working capital requirements. These loans are typically secured with liens on real estate, other dealership assets and/or personal assets of the dealers. Toyota manages the wholesale and other dealer loan receivables portfolio as one portfolio based on the risk characteristics associated with the underlying finance receivables. Allowance for credit losses on finance receivables - The allowance for credit losses on finance receivables is measured at the portfolio level, based on a systematic, ongoing review and evaluation performed as part of the credit risk evaluation process, historical loss experience, the size and composition of the portfolios, current economic events and conditions, the estimated fair value and adequacy of collateral, forward-looking information including movements of the world economy and other pertinent factors. Furthermore, portfolios are grouped based on similarities of risk characteristics, such as product and collateral classes, when calculating expected credit losses in the aggregate. (1) Retail receivables portfolio With respect to retail receivables, Toyota reviews whether the credit risk on finance receivables has increased significantly. To evaluate the risk, Toyota uses the changes for the possibility of a credit loss occurring or days in arrears as an index. Toyota assesses the significant increases in credit risk when contractual payments are more than 30 days past due. When the credit risk on finance receivables has not increased significantly since initial recognition, Toyota measures the loss allowance for that finance receivables at an amount equal to 12-month Meanwhile, Toyota measures the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses if the credit risk on that finance receivables has increased significantly since initial recognition at the reporting date. Toyota calculates the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses by considering historical credit loss experience and future collectability, when there is evidence that finance receivables is credit-impaired such as a breach of contract due to default or delayed contractual payments. In calculating expected credit losses, Toyota uses the probability of a default and the loss rate in the event of a default based on past experience and then reflects its forecasts of current and future economic conditions. Suspension of payment over a certain period of time and or situations which contractual obligations are not being met are considered as being in default in accordance with internal management rules. (2) Finance lease receivables portfolio With respect to the finance lease receivables portfolio, Toyota always measures loss allowance at an amount equal to lifetime expected credit losses. Suspension of payment over a certain period of time and/or situations which contractual obligations are not being met are considered as being in default in accordance with internal management rules. (3) Wholesale and other dealer loan receivables portfolio With respect to the wholesale and other dealer loan receivables portfolio, receivables are sorted primarily by credit qualities based on internal risk assessments. Toyota reviews the change of the segment as an index whether the credit risk on finance receivables has increased significantly since initial recognition to assess these receivables for credit risk. Toyota assesses the significant increases in credit risk when contractual payments are more than 30 days past due. If the credit risk on finance receivables has not increased significantly since initial recognition, Toyota measures the loss allowance for that finance receivables at an amount equal to 12-month Meanwhile, Toyota measures the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses if the credit risk on that finance receivables has increased significantly since initial recognition at the reporting date. Toyota calculates the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses by considering historical credit loss experience and future collectability, when there is evidence that finance receivables are credit-impaired such as a debtor’s worsened financial conditions, breach of contract due to default or delayed contractual payments. In calculating expected credit losses, Toyota uses the probability of a default and the loss rate in the event of a default based on past experience and then reflects its forecasts of current and future economic conditions. Suspension of payment over a certain period of time and/or situations where contractual obligations are not being met are considered as defaults in accordance with internal management rules. Although Toyota considers the allowance for credit losses on finance receivables to be adequate based on information currently available, additional provisions may be necessary due to (i) changes in management estimates and assumptions about asset impairments, (ii) information that indicates changes in expected future cash flows, or (iii) changes in economic and other events and conditions. Future changes in the economy that impact the consumer confidence such as increasing interest rates and a rise in the unemployment rate as well as higher debt balances, coupled with deterioration in actual and expected used vehicle values, could negatively affect future operating results of the financial services operations. Inventories - Inventories are valued at cost, not in excess of net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less the estimated original cost and estimated selling expense to product completion. The cost of inventories includes purchase costs, conversion costs and other costs incurred in bringing the inventories to their present location and condition. The cost is determined principally by using the weighted-average method. Property, plant and equipment - Property, plant and equipment is measured based on the cost model and carried at its cost less accumulated depreciation and impairment losses. Expenditures relating to major renewals and improvements are capitalized; minor replacements, maintenance and repairs are charged to current operations as incurred. Depreciation of property, plant and equipment, except for land that is not subject to depreciation, is calculated on the straight-line method over the estimated useful life of the respective assets according to general class, type of structure and use. The estimated useful lives range from 2 to 65 years for buildings and from 2 to 20 years for machinery and equipment. The depreciation method, useful lives and residual values of property, plant and equipment are reviewed annually at each fiscal year end, and adopted prospectively, if applicable. Vehicles and equipment on operating leases to third parties are originated by dealers and acquired by certain consolidated subsidiaries. Such subsidiaries are also the lessors of certain property that they acquire directly. Vehicles and equipment on operating leases are depreciated on a straight-line method over the lease term, generally from 2 to 5 years, to the estimated residual value. Incremental direct costs incurred in connection with the acquisition of lease contracts are capitalized and amortized on a straight-line method over the lease term. Toyota is exposed to risk of loss on the disposition of off-lease By evaluating estimated residual value, Toyota reflects in depreciation the amount it considers to be appropriate in relation to the estimated losses on its owned portfolio. Intangible assets - Intangible assets are measured based on the cost model and carried at their cost less accumulated amortization and impairment losses. The estimated useful lives and the amortization method of intangible assets are reviewed annually at each fiscal year end, and adopted prospectively, if appropriate. (1) Capitalized development cost Development expenditure for a product is capitalized only when there is a technical and commercial feasibility of completing the development, Toyota has the intention, ability and sufficient resources to use the outcome of the development, it is probable that the outcome will generate a future economic benefit, and the cost can be measured reliably. Capitalized development cost is amortized using the straight-line method over the expected product life cycle of the developed product ranging mainly from 5 to 10 years. (2) Other intangible assets Other intangible assets mainly consist of software for internal use and amortized using the straight-line method over their estimated useful lives, mainly 5 years. Goodwill is not material to Toyota’s consolidated statement of financial position. Impairment of non-financial At the end of the reporting period, the carrying amount of non-financial Leases - At the inception of a contract, Toyota assesses whether the contract is, or contains, a lease. (1) Lessee Toyota recognizes a right of use asset and a lease liability at the lease commencement date. The cost of the right of use asset is measured at the amount of the initial measurement of the lease liability by adjusting any lease payments made or before the commencement date. Lease liability is initially measured at the present value of the lease payments that are not paid as of the commencement date. After the commencement date, Toyota applies a cost model and subsequently depreciates the right of use asset using a straight-line method from the commencement date to the earlier of the end of the useful life of the right of use asset or the end of the lease term. Lease liability is measured at amortized cost using the effective interest method. In the consolidated statement of financial position, lease liability is included in short-term and long-term debt. Interest on the lease liability in each period during the lease term is the amount that produces a constant periodic rate of interest on the remaining balance of the lease liability and recognized in profit or loss over the lease term. Many lease contracts relating to land and buildings entered into by Toyota include extension options that can be exercisable by Toyota as lessee for various purposes, such as to ensure business flexibility. Toyota assesses whether it is reasonably certain to exercise an extension option, and if it assesses it to be reasonably certain, the extension option is included in the lease term. Toyota recognizes the lease payments associated with lease terms of 12 months or less as an expense on a straight-line basis over the lease term. (2) Lessor With respect to lessor lease transactions, Toyota determines at the commencement of the lease whether each lease is a finance lease or operating lease. A lease is classified as a finance lease if it transfers substantially all of the risks and rewards incidental to the ownership of an underlying asset. Otherwise leases are classified as operating leases. Toyota recognizes the operating lease payments in profit or loss on a straight-line basis over the lease term. Employee benefit obligations - Toyota has both defined benefit and defined contribution plans for employees’ retirement benefits. (1) Defined benefit plan The present value of defined benefit obligations and service cost are principally determined for each plan using the projected unit credit method. The net defined benefit liability (asset) is the present value of the defined benefit obligations less the fair value of plan assets. If the fair value of plan assets is in excess of the present value of defined benefit obligations, the amount of any asset to be recognized is limited to the present value of any economic benefits available in the form of refunds from the plan and reductions in the future contributions to the plan. Current service cost and net interest on the net defined benefit liability (asset) are recognized as net income (loss) on the statement of net income. Past service cost is recognized in profit or loss upon occurrence. Toyota recognizes the difference arising from remeasurement of the net defined benefit liability (asset) including actuarial gains and losses in other comprehensive income when it is incurred and reclassifies it immediately to retained earnings. (2) Defined contribution plan For defined contribution plans, when the employees render services, the contribution payables are recognized in profit or loss. Liabilities for quality assurance - Toyota generally warrants its products against certain manufacturing and other defects. Provisions for product warranties are provided for specific periods of time and/or usage of the product and vary depending upon the nature of the product, the geographic location of the sale and other factors. The accrued warranty costs represent management’s best estimate at the time of sale of the total costs that Toyota will incur to repair or replace product parts that fail while still under warranty. The amount of accrued estimated warranty costs is primarily based on historical experience of product failures as well as current information on repair costs. An estimate of warranty claim accrued for each fiscal year is calculated based on the estimate of warranty claim per unit. The estimate of warranty claim per unit is calculated comprehensively by dividing the actual amounts of warranty claim by the number of sales units for the fiscal year. Toyota accrues for costs of recalls and other safety measures, as well as product warranty cost described above. Toyota generally measures such “liabilities for recalls and other safety measures” at the time of vehicle sales comprehensively by aggregate sales of various models in a certain period by geographical regions. However, when circumstances warrant, Toyota measures “liabilities for a particular recall or other safety measures” using an individual model when they are probable and reasonably estimable. The portion of “liabilities for recalls and other safety measures” recorded in the consolidated statement of financial position is calculated comprehensively based on the “expected liability for the cost of recalls and other safety measures” in consideration of the “accumulated amount of repair cost paid”. As such, this liability is evaluated every period based on new data and are adjusted as appropriate. Toyota calculates these liabilities for units sold in the current period and each of the past 10 fiscal years, and aggregates such liabilities in determining the final liability amount. The “expected liability for the cost of recalls and other safety measures” are calculated by multiplying the “sales unit” by the “expected average repair cost per unit”. The “expected average repair cost per unit” is calculated based on dividing the “accumulated amount of repair cost paid per unit” by the “pattern of payment occurrences”. The “pattern of payment occurrence” represents a ratio that shows the measure of payment occurrence over 10 years based on actual payments with regard to units sold within 10 years. Factors that may cause a difference between the amount accrued comprehensively at the time of vehicle sale and actual payment on individual recalls and other safety measures mainly include actual cost of recalls and safety measures during the period being significantly different from the accumulated amount of repair cost paid per unit (generally comprised of parts and labor) and the actual pattern of payment occurrence during the period being significantly different from the pattern of the payment occurrence in the past. Such differences are considered as part of our estimation process for future recalls and other safety measures. Liabilities for product warranties and liabilities for recalls and other safety measures have been combined into “Liabilities for quality assurance” in the consolidated statement of financial position. Product warranty costs and costs of recalls and other safety measures are included in cost of products sold in the consolidated statement of income. The foregoing evaluations are inherently uncertain, as they require material estimates as described above. Consequently, actual warranty costs may differ from the estimated amounts and could require additional warranty provisions. If these factors require a significant increase in Toyota’s accrued estimated warranty costs, it would negatively affect future operating results of the automotive operations. Revenue recognition - In the automotive operations, performance obligations are considered to be satisfied when completed vehicles and parts are delivered to the agreed locations with dealers. For parts for production, it is when they are loaded on a ship or delivered to manufacturing companies. We do not have any material significant payment terms as payment is received at or shortly after the point of sale. Toyota’s sales incentive programs principally consist of cash payments to dealers calculated based on total vehicle volume or vehicle unit sales of certain models sold by a dealer during a certain period of time. Toyota accrues these incentives as revenue reductions upon the sale of a vehicle corresponding to the program by the amount determined in the related incentive program utilizing the most likely outcome method. The sale of certain vehicles includes a contractual right, which entitles customers to free vehicle maintenance. We use an observable price to determine the stand-alone selling price for separate performance obligations or a cost plus margin approach when one is not available. Such revenues from free maintenance contracts are deferred and recognized as revenue over the period of the contract in proportion to the costs expected to be incurred in satisfying the obligations under the contract. Revenues from the sales of vehicles under which Toyota conditionally guarantees the minimum resale value are recognized on a pro rata basis from the date of sale to the first exercise date of the guarantee in accordance with lease accounting. The underlying vehicles of these transactions are recorded as assets and are deprec

Significant accounting judgment

Significant accounting judgments and estimates	12 Months Ended
Significant accounting judgments and estimates	Mar. 31, 2024
Text block 1 [Abstract]
Significant accounting judgments and estimates	4. Significant accounting judgments and estimates The preparation of the consolidated financial statements in conformity with IFRS Accounting Standards requires management to make judgments, estimates, and assumptions that affect the application of accounting policies, the reported amounts of assets, liabilities, revenues and expenses, and the disclosure of contingent assets and liabilities. Actual results could differ from these estimates. These estimates and underlying assumptions are reviewed on a continuous basis. Changes in these accounting estimates are recognized in the period in which the estimates were revised and in any future periods affected. Information about important estimation and judgments that have significant effects on the amounts recognized in the consolidated financial statements is as follows: Scope of subsidiaries, associates, and joint ventures (Note 3 “Basis of consolidation”) Intangible assets incurred by research and development (Note 3 “Intangible assets”) Information about accounting estimates and assumption that affect the application of accounting policies and the reported amounts of assets Liabilities for quality assurance (Note 3 “Liabilities for quality assurance” and Note 24) Allowance for credit losses on finance receivables (Note 3 “Allowance for credit losses on finance receivables” and Note 19 (2)) Impairment of non-financial non-financial Employee benefit obligations (Note 3 “Employee benefit obligations” and Note 23) Fair value measurements (Note 21) Recoverability of deferred tax assets (Note 3 “Income taxes” and Note 15)

Segment information

Segment information	12 Months Ended
Segment information	Mar. 31, 2024
Text block 1 [Abstract]
Segment information	5. Segment information (1) Outline of reporting segments The operating segments reported below are the segments of Toyota for which separate financial information is available and for which operating income/loss amounts are evaluated regularly by executive management in deciding how to allocate resources and in assessing performance. The major portions of Toyota’s operations on a worldwide basis are derived from the Automotive and Financial services business segments. The Automotive segment designs, manufactures and distributes sedans, minivans, compact cars, SUVs, trucks and related parts and accessories. The Financial services segment consists primarily of financing and vehicle leasing operations to assist in the merchandising of Toyota’s products as well as other products. The All other segment includes telecommunications and other businesses. (2) Segment information As of and for the year ended March 31, 2022 Yen in millions Automotive Financial services All other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 28,531,993 2,306,079 541,436 — 31,379,507 Inter-segment revenues and transfers 73,745 17,947 588,441 (680,133 ) — Total 28,605,738 2,324,026 1,129,876 (680,133 ) 31,379,507 Operating expenses 26,321,448 1,667,025 1,087,575 (692,237 ) 28,383,811 Operating income 2,284,290 657,001 42,302 12,104 2,995,697 Total assets 24,341,737 31,681,472 3,091,011 8,574,551 67,688,771 Investments accounted for using the equity method 4,354,085 79,414 258,750 145,646 4,837,895 Depreciation and amortization 1,026,834 761,801 33,245 — 1,821,880 Capital expenditures 1,422,429 2,156,339 51,200 (18,381 ) 3,611,587 As of and for the year ended March 31, 2023 Yen in millions Automotive Financial services All other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 33,776,870 2,786,679 590,749 — 37,154,298 Inter-segment revenues and transfers 43,131 22,968 634,194 (700,293 ) — Total 33,820,000 2,809,647 1,224,943 (700,293 ) 37,154,298 Operating expenses 31,639,363 2,372,131 1,121,492 (703,713 ) 34,429,273 Operating income 2,180,637 437,516 103,451 3,420 2,725,025 Total assets 26,321,858 35,525,441 2,946,994 9,508,887 74,303,180 Investments accounted for using the equity method 4,717,231 92,903 272,752 144,460 5,227,345 Depreciation and amortization 1,205,687 799,156 35,062 — 2,039,904 Capital expenditures 1,688,114 1,786,373 38,748 (17,015 ) 3,496,219 As of and for the year ended March 31, 2024 Yen in millions Automotive Financial All other Inter-segment Consolidated Sales revenues Revenues from external customers 41,080,731 3,447,195 567,399 — 45,095,325 Inter-segment revenues and transfers 185,473 37,003 800,766 (1,023,242 ) — Total 41,266,204 3,484,198 1,368,164 (1,023,242 ) 45,095,325 Operating expenses 36,644,729 2,914,175 1,192,923 (1,009,437 ) 39,742,390 Operating income 4,621,475 570,023 175,241 (13,805 ) 5,352,934 Total assets 29,351,344 43,834,183 3,011,363 13,917,406 90,114,296 Investments accounted for using the equity method 5,114,364 110,308 282,888 202,546 5,710,106 Depreciation and amortization 1,268,479 784,013 34,574 — 2,087,066 Capital expenditures 2,011,361 2,763,931 103,242 (30,492 ) 4,848,042 Accounting policies applied by each segment is in conformity with those of Toyota’s consolidated financial statements. Transfers between industry segments are made in accordance with terms and conditions in the ordinary course of business. Unallocated amounts included in assets represent assets held for corporate purpose, which mainly consist of cash and cash equivalents and financial assets measured at fair value through other comprehensive income, and the balances as of March 31, 2022, 2023 and 2024 are ¥10,020,460 million, ¥11,101,175 million and ¥15,790,074 million, respectively. (3) Consolidated Financial Statements on Non-Financial The financial data below presents separately Toyota’s non-financial (i) Consolidated Statement of Financial Position on Non-Financial Yen in millions March 31, 2023 March 31, 2024 Assets (Non-Financial Current assets Cash and cash equivalents 5,548,398 6,892,817 Trade accounts and other receivable 3,594,057 3,768,520 Other financial assets 849,779 3,864,242 Inventories 4,255,614 4,605,368 Other current assets 749,078 805,940 Total current assets 14,996,926 19,936,887 Non-current Property, plant and equipment 7,729,000 8,680,731 Other 17,337,727 19,123,829 Total non-current 25,066,727 27,804,560 Total assets 40,063,653 47,741,447 (Financial Services Business) Current assets Cash and cash equivalents 1,968,568 2,519,244 Trade accounts and other receivable 286,960 382,007 Receivables related to financial services 8,279,806 11,057,269 Other financial assets 1,680,242 1,575,059 Other current assets 362,660 352,918 Total current assets 12,578,237 15,886,497 Non-current Receivables related to financial services 16,491,045 20,637,090 Property, plant and equipment 4,904,975 5,577,058 Other 1,551,183 1,733,539 Total non-current 22,947,204 27,947,687 Total assets 35,525,441 43,834,183 (Elimination) Elimination of assets (1,285,914 ) (1,461,335 ) (Consolidated) Total assets 74,303,180 90,114,296 Note: Assets in non-financial Yen in millions March 31, 2023 March 31, 2024 Liabilities (Non-Financial Current liabilities Trade accounts and other payables 4,689,034 4,890,913 Short-term and current portion of long-term debt 1,170,114 929,662 Accrued expenses 1,446,697 1,750,221 Income taxes payable 361,000 1,185,678 Other current liabilities 3,266,095 3,583,929 Total current liabilities 10,932,939 12,340,403 Non-current Long-term debt 1,553,622 1,938,535 Retirement benefit liabilities 1,047,430 1,058,742 Other non-current 1,867,028 2,545,491 Total non-current 4,468,080 5,542,768 Total liabilities 15,401,019 17,883,171 (Financial Services Business) Current liabilities Trade accounts and other payables 547,511 651,381 Short-term and current portion of long-term debt 11,583,602 14,890,892 Accrued expenses 128,994 148,767 Income taxes payable 43,607 38,864 Other current liabilities 1,841,562 2,219,104 Total current liabilities 14,145,275 17,949,008 Non-current Long-term debt 15,627,943 19,356,672 Retirement benefit liabilities 18,078 19,220 Other non-current 1,135,862 1,131,501 Total non-current 16,781,883 20,507,393 Total liabilities 30,927,158 38,456,401 (Elimination) Elimination of liabilities (1,289,211 ) (1,464,614 ) (Consolidated) Total liabilities 45,038,967 54,874,958 Shareholders’ equity (Consolidated) Total Toyota Motor Corporation shareholders’ equity 28,338,706 34,220,991 (Consolidated) Non-controlling 925,507 1,018,347 (Consolidated) Total shareholders’ equity 29,264,213 35,239,338 (Consolidated) Total liabilities and shareholders’ equity 74,303,180 90,114,296 (ii) Consolidated Statement of Income on Non-Financial Yen in millions For the year ended March 31, 2022 For the year ended March 31, 2023 For the year ended March 31, 2024 (Non-Financial Sales revenues 29,104,564 34,409,011 41,832,663 Cost of revenues 24,250,860 29,132,715 33,763,076 Selling, general and administrative 2,518,182 2,990,316 3,278,135 Operating income 2,335,522 2,285,980 4,791,453 Other income (loss), net 998,001 943,777 1,608,345 Income before income taxes 3,333,522 3,229,757 6,399,798 Income tax expense 944,594 1,040,864 1,741,885 Net income 2,388,928 2,188,893 4,657,913 Net income attributable to Toyota Motor Corporation 2,369,399 2,152,509 4,540,311 Non-controlling 19,529 36,384 117,602 (Financial Services Business) Sales revenues 2,324,026 2,809,647 3,484,198 Cost of revenues 1,178,509 1,741,117 2,145,694 Selling, general and administrative 488,517 631,014 768,481 Operating income 657,001 437,516 570,023 Other income (loss), net 16 (5,013 ) 1,762 Income before income taxes 657,017 432,503 571,786 Income tax expense 171,327 134,903 151,785 Net income 485,690 297,600 420,000 Net income attributable to Toyota Motor Corporation 480,716 292,334 411,114 Non-controlling 4,974 5,266 8,886 (Elimination) Elimination of net income (4 ) 6,475 (6,492 ) (Consolidated) Net income 2,874,614 2,492,967 5,071,421 Net income attributable to Toyota Motor Corporation 2,850,110 2,451,318 4,944,933 Non-controlling 24,504 41,650 126,488 (iii) Consolidated Statement of Cash Flows on Non-Financial Yen in millions For the year ended March 31, 2022 For the year ended March 31, 2023 For the year ended March 31, 2024 (Non-Financial Cash flows from operating activities Net income 2,388,928 2,188,893 4,657,913 Depreciation and amortization 1,060,079 1,240,749 1,303,053 Share of profit (loss) of investments accounted for using the equity method (552,515 ) (633,324 ) (752,779 ) Income tax expense 944,594 1,040,864 1,741,885 Changes in operating assets and liabilities, and other (572,082 ) 463,871 120,731 Interest received 100,118 234,945 454,713 Dividends received 342,646 454,752 582,022 Interest paid (40,780 ) (28,206 ) (104,008 ) Income taxes paid, net of refunds (544,887 ) (1,280,341 ) (1,033,448 ) Net cash provided by (used in) operating activities 3,126,101 3,682,203 6,970,082 Cash flows from investing activities Additions to fixed assets excluding equipment leased to others (1,186,900 ) (1,439,724 ) (1,815,239 ) Additions to equipment leased to others (151,456 ) (147,792 ) (153,324 ) Proceeds from sales of fixed assets excluding equipment leased to others 36,219 54,572 152,830 Proceeds from sales of equipment leased to others 45,183 44,195 47,557 Additions to intangible assets (335,436 ) (333,295 ) (317,606 ) Additions to public and corporate bonds and stocks (1,904,588 ) (503,977 ) (2,639,166 ) Proceeds from sales of public and corporate bonds and stocks and upon maturity of public and corporate bonds 1,989,345 892,814 1,757,282 Other, net 1,856,069 236,351 (1,386,377 ) Net cash provided by (used in) investing activities 348,436 (1,196,856 ) (4,354,045 ) Cash flows from financing activities Increase (decrease) in short-term debt (164,899 ) 142,688 66,953 Proceeds from long-term debt 513,371 474,535 533,333 Payments of long-term debt (1,818,653 ) (637,982 ) (634,215 ) Dividends paid to Toyota Motor Corporation common shareholders (709,872 ) (727,980 ) (880,197 ) Dividends paid to non-controlling (49,629 ) (79,782 ) (85,991 ) Reissuance (repurchase) of treasury stock (404,718 ) (431,099 ) (231,069 ) Other, net — 21,458 (7,570 ) Net cash provided by (used in) financing activities (2,634,401 ) (1,238,161 ) (1,238,756 ) Effect of exchange rate changes on cash and cash equivalents 185,237 1,690 (32,862 ) Net increase (decrease) in cash and cash equivalents 1,025,373 1,248,876 1,344,419 Cash and cash equivalents at beginning of year 3,274,149 4,299,522 5,548,398 Cash and cash equivalents at end of year 4,299,522 5,548,398 6,892,817 Yen in millions For the year ended March 31, 2022 For the year ended March 31, 2023 For the year ended March 31, 2024 (Financial Services Business) Cash flows from operating activities Net income 485,690 297,600 420,000 Depreciation and amortization 761,801 799,156 784,013 Interest income and interest costs related to financial services, net (360,837 ) (703,971 ) (734,880 ) Share of profit (loss) of investments accounted for using the equity method (7,831 ) (9,739 ) (10,357 ) Income tax expense 171,327 134,903 151,785 Changes in operating assets and liabilities, and other (623,051 ) (1,958,779 ) (4,100,301 ) Interest received 742,364 1,291,100 1,858,816 Dividends received 4,740 5,599 5,236 Interest paid (384,006 ) (574,650 ) (1,065,757 ) Income taxes paid, net of refunds (264,876 ) (16,883 ) (90,874 ) Net cash provided by (used in) operating activities 525,321 (735,664 ) (2,782,318 ) Cash flows from investing activities Additions to fixed assets excluding equipment leased to others (10,366 ) (10,472 ) (31,208 ) Additions to equipment leased to others (2,135,437 ) (1,759,564 ) (2,714,336 ) Proceeds from sales of fixed assets excluding equipment leased to others 1,530 1,865 2,155 Proceeds from sales of equipment leased to others 1,496,949 1,614,965 1,961,077 Additions to intangible assets (10,650 ) (14,985 ) (16,680 ) Additions to public and corporate bonds and stocks (523,323 ) (646,237 ) (333,613 ) Proceeds from sales of public and corporate bonds and stocks and upon maturity of public and corporate bonds 213,291 440,915 494,085 Other, net 113,635 (30,385 ) 14,732 Net cash provided by (used in) investing activities (854,370 ) (403,898 ) (623,788 ) Cash flows from financing activities Increase (decrease) in short-term debt (488,495 ) 171,293 339,666 Proceeds from long-term debt 7,800,854 8,892,261 11,620,147 Payments of long-term debt (7,142,750 ) (7,868,820 ) (8,221,432 ) Dividends paid to non-controlling (2,094 ) (5,204 ) (4,318 ) Other, net — 2,853 (57 ) Net cash provided by (used in) financing activities 167,516 1,192,382 3,734,005 Effect of exchange rate changes on cash and cash equivalents 148,958 101,615 222,776 Net increase (decrease) in cash and cash equivalents (12,575 ) 154,436 550,675 Cash and cash equivalents at beginning of year 1,826,707 1,814,133 1,968,568 Cash and cash equivalents at end of year 1,814,133 1,968,568 2,519,244 (Consolidated) Effect of exchange rate changes on cash and cash equivalents 334,195 103,305 189,914 Net increase (decrease) in cash and cash equivalents 1,012,798 1,403,311 1,895,094 Cash and cash equivalents at beginning of year 5,100,857 6,113,655 7,516,966 Cash and cash equivalents at end of year 6,113,655 7,516,966 9,412,060 (4) Geographic information As of and for the year ended March 31, 2022 Yen in millions Japan North America Europe Asia Other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 8,214,740 10,897,946 3,692,214 5,778,115 2,796,493 — 31,379,507 Inter-segment revenues and transfers 7,776,696 268,534 175,633 752,452 131,690 (9,105,004 ) — Total 15,991,436 11,166,479 3,867,847 6,530,566 2,928,183 (9,105,004 ) 31,379,507 Operating expenses 14,567,991 10,600,695 3,704,874 5,858,216 2,690,014 (9,037,980 ) 28,383,811 Operating income 1,423,445 565,784 162,973 672,350 238,169 (67,024 ) 2,995,697 Total assets 21,502,155 23,353,812 5,711,271 7,461,812 4,309,248 5,350,474 67,688,771 Non-current 5,501,046 6,251,499 891,146 977,235 537,631 — 14,158,559 As of and for the year ended March 31, 2023 Yen in millions Japan North America Europe Asia Other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 9,122,282 13,509,027 4,097,537 7,076,922 3,348,530 — 37,154,298 Inter-segment revenues and transfers 8,460,914 334,874 176,198 967,984 123,663 (10,063,633 ) — Total 17,583,196 13,843,901 4,273,735 8,044,906 3,472,193 (10,063,633 ) 37,154,298 Operating expenses 15,681,733 13,918,637 4,216,276 7,330,455 3,240,832 (9,958,659 ) 34,429,273 Operating income (loss) 1,901,463 (74,736 ) 57,460 714,451 231,362 (104,974 ) 2,725,025 Total assets 23,241,334 26,024,734 6,813,474 7,908,520 4,726,373 5,588,745 74,303,180 Non-current 5,658,859 6,255,561 1,042,726 1,031,057 565,377 — 14,553,580 As of and for the year ended March 31, 2024 Yen in millions Japan North Europe Asia Other Inter-segment Consolidated Sales revenues Revenues from external customers 10,193,556 17,624,268 5,503,738 7,604,269 4,169,494 — 45,095,325 Inter-segment revenues and transfers 10,827,165 318,805 178,026 1,126,479 220,292 (12,670,767 ) — Total 21,020,721 17,943,072 5,681,764 8,730,749 4,389,785 (12,670,767 ) 45,095,325 Operating expenses 17,536,451 17,436,753 5,293,668 7,865,158 4,191,441 (12,581,079 ) 39,742,390 Operating income 3,484,270 506,319 388,096 865,591 198,345 (89,687 ) 5,352,934 Total assets 24,711,142 31,886,959 8,749,680 9,096,282 6,167,902 9,502,332 90,114,296 Non-current assets 5,827,404 7,374,724 1,407,680 1,190,348 686,104 — 16,486,260 "Other" consists of Central and South America, Oceania, Africa and the Middle East. Non-current assets do not include financial instruments, deferred tax assets, net defined benefit assets and rights arising under insurance contracts. The above amounts are aggregated by region based on the location of the country where TMC or consolidated subsidiaries are located. Transfers between geographic areas are made in accordance with terms and conditions in the ordinary course of business. Unallocated amounts included in assets represent assets held for corporate purpose, which mainly consist of cash and cash equivalents and financial assets measured at fair value through other comprehensive income, and the balances as March 31, 2022, 2023 and 2024 are ¥10,020,460 million, ¥11,101,175 million and ¥15,790,074 million, respectively. (5) Sales revenues by location of external customers In addition to the disclosure requirements under IFRS Accounting Standards, Toyota discloses this information in order to provide financial statements users with valuable information . Yen in millions For the years ended March 31, 2022 2023 2024 Japan 6,425,184 6,742,304 7,399,192 North America 10,953,472 13,578,084 17,694,375 Europe 3,495,785 3,970,857 5,396,610 Asia 6,017,646 7,150,555 7,742,141 Other 4,487,420 5,712,497 6,863,007 Total 31,379,507 37,154,298 45,095,325 “Other” consists of Central and South America, Oceania, Africa and the Middle East, etc.

Cash and cash equivalents

Cash and cash equivalents	12 Months Ended
Cash and cash equivalents	Mar. 31, 2024
Text block 1 [Abstract]
Cash and cash equivalents	6. Cash and cash equivalents Cash and cash equivalents consist of the following: Yen in millions March 31, 2023 2024 Cash and deposits 5,948,297 6,245,257 Negotiable certificate of deposit and other 1,568,669 3,166,803 Total 7,516,966 9,412,060

Trade accounts and other receiv

Trade accounts and other receivables	12 Months Ended
Trade accounts and other receivables	Mar. 31, 2024
Text block 1 [Abstract]
Trade accounts and other receivables	7. Trade accounts and other receivables Trade accounts and other receivables consist of the following: Yen in millions March 31, 2023 2024 Accounts and notes receivables 2,757,412 2,672,434 Other receivables 870,398 1,149,679 Allowance for doubtful accounts (41,679 ) (32,684 ) Total 3,586,130 3,789,429 Trade accounts and other receivables which are unconditional rights to considerations are classified as financial assets measured at amortized cost. Receivables from contracts with customers correspond to “Accounts and notes receivables” and the balance as of April 1, 2022 is ¥2,466,398 million. The changes in the allowance for doubtful accounts consist of the following: Yen in millions For the years ended March 31, 2023 2024 Allowance for doubtful accounts at beginning of year 110,793 121,628 Provision for doubtful accounts, net of reversal 8,844 4,708 Write-offs (3,496 ) (3,759 ) Other 5,487 (472 ) Allowance for doubtful accounts at end of year 121,628 122,105 “Other” includes currency translation adjustments. A portion of the allowance for doubtful accounts is attributed to certain non-current non-current

Finance receivables

Finance receivables	12 Months Ended
Finance receivables	Mar. 31, 2024
Text block 1 [Abstract]
Finance receivables	8. Finance receivables Finance receivables consist of the following: Yen in millions March 31, 2023 2024 Retail 20,201,004 25,489,945 Finance leases 2,503,369 3,143,424 Wholesale and other dealer loans 3,461,421 5,005,766 Total 26,165,794 33,639,135 Deferred origination costs 359,743 439,613 Less - Unearned income (1,418,272 ) (1,970,115 ) Less - Allowance for credit losses Retail (274,871 ) (336,152 ) Finance leases (36,920 ) (46,909 ) Wholesale and other dealer loans (24,622 ) (31,213 ) Total finance receivables, net 24,770,851 31,694,359 Current assets 8,279,806 11,057,269 Non-current 16,491,045 20,637,090 Total finance receivables, net 24,770,851 31,694,359 Finance receivables Finance receivables are classified as financial assets measured at amortized cost. The contractual maturity of retail receivables, future lease payments to be received for finance leases, the contractual maturity of wholesale receivables and other dealer loans are as follows: Yen in millions March 31, 2023 Retail Finance leases Wholesale and other dealer loans Within 1 year 5,822,035 736,347 2,101,711 Between 1 and 2 years 4,599,678 534,414 402,642 Between 2 and 3 years 3,930,516 402,625 266,593 Between 3 and 4 years 3,013,894 196,046 142,888 Between 4 and 5 years 1,737,460 64,676 145,964 Later than 5 years 1,097,422 13,540 401,622 Total 20,201,004 1,947,649 3,461,421 Yen in millions March 31, 2024 Retail Finance leases Wholesale and other dealer loans Within 1 year 7,063,873 961,583 3,587,124 Between 1 and 2 years 5,791,490 673,115 441,004 Between 2 and 3 years 5,034,539 505,715 223,112 Between 3 and 4 years 3,864,320 265,727 185,210 Between 4 and 5 years 2,334,787 96,648 142,215 Later than 5 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,400,936 17,703 427,100 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,489,945 2,520,492 5,005,766 Finance leases receivables consist of the following: Yen in millions March 31, 2023 2024 Lease payments 1,947,649 2,520,492 Estimated unguaranteed residual values 555,720 622,932 Total 2,503,369 3,143,424 Deferred origination costs 18,587 20,999 Less - Unearned income (224,761 ) (320,223 ) Less - Allowance for credit losses (36,920 ) (46,909 ) Finance leases receivables, net 2,260,275 2,797,291

Other financial assets

Other financial assets	12 Months Ended
Other financial assets	Mar. 31, 2024
Text block 1 [Abstract]
Other financial assets	9. Other financial assets Other financial assets consist of the following: Yen in millions March 31, 2023 2024 Financial assets measured at amortized cost Time deposits 206,494 1,606,834 Other 766,455 824,448 Financial assets measured at fair value through profit or loss Public and corporate bonds 193,816 221,743 Stocks 168,214 212,393 Derivatives 610,340 552,921 Other 496,052 553,174 Financial assets measured at fair value through other comprehensive income Public and corporate bonds 6,409,119 8,279,783 Stocks 3,413,780 3,829,893 Other 7,838 11,537 Total 12,272,107 16,092,727 Current assets 1,715,675 4,702,168 Non-current 10,556,431 11,390,559 Total 12,272,107 16,092,727 Toyota has certain financial instruments, including financial assets and liabilities which arose in the normal course of business. These financial instruments are executed with creditworthy financial institutions, and virtually all foreign currency contracts are denominated in U.S. dollars, euros and other currencies of major developed countries. Financial instruments involve, to varying degrees, market risk as instruments are subject to price fluctuations, and elements of credit risk in the event a counterparty should default. In the unlikely event the counterparties fail to meet the contractual terms of a foreign currency or an interest rate instrument, Toyota’s risk is limited to the fair value of the instrument. Although Toyota may be exposed to losses in the event of non-performance Public and corporate bonds included in financial assets measured at fair value through other comprehensive income include securities loaned of ¥2,192,934 million and ¥2,190,436 million as of March 31, 2023 and 2024, respectively. Major securities included in stocks measured at fair value through other comprehensive income as of March 31, 2023 and 2024 are as follows: Yen in millions March 31, Issue 2023 2024 KDDI CORPORATION 1,296,639 1,134,370 MS&AD Insurance Group Holdings, Inc. 216,053 427,950 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 320,073 363,131 Mitsubishi UFJ Financial Group, Inc. 126,754 232,760 Renesas Electronics Corporation 143,543 200,330 To facilitate the efficient and effective utilization of assets, Toyota derecognizes stocks measured at fair value through other comprehensive income by way of sale. Fair value and total accumulated other comprehensive income at derecognition are as follows: Yen in millions For the years ended 2023 2024 Total fair value 69,028 346,154 Accumulated other comprehensive income, net 35,124 247,475

Inventories

Inventories	12 Months Ended
Inventories	Mar. 31, 2024
Text block 1 [Abstract]
Inventories	10. Inventories Inventories consist of the following: Yen in millions March 31, 2023 2024 Products 2,317,143 2,796,831 Work in process 530,915 496,471 Raw materials 1,239,535 1,117,950 Supplies and other 168,021 194,116 Total 4,255,614 4,605,368

Investments accounted for using

Investments accounted for using the equity method	12 Months Ended
Investments accounted for using the equity method	Mar. 31, 2024
Text block 1 [Abstract]
Investments accounted for using the equity method	11. Investments accounted for using the equity method Equity in associates and joint ventures is as follows: Yen in millions March 31, 2023 2024 Associates 4,169,573 4,616,598 Joint ventures 1,057,773 1,093,508 Total 5,227,345 5,710,106 The combined information of investments accounted for using the equity method (total value of TMC’s interests) is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Net income Associates 324,480 326,931 478,405 Joint ventures 235,866 316,132 284,732 Total 560,346 643,063 763,137 Other comprehensive income, net of tax Associates 241,264 99,737 269,753 Joint ventures 66,187 3,295 52,361 Total 307,451 103,033 322,114 Comprehensive income Associates 565,744 426,669 748,158 Joint ventures 302,053 319,428 337,093 Total 867,798 746,096 1,085,251

Property, plant and equipment

Property, plant and equipment	12 Months Ended
Property, plant and equipment	Mar. 31, 2024
Text block 1 [Abstract]
Property, plant and equipment	12. Property, plant and equipment The changes in cost and accumulated depreciation and impairment losses are as follows: (Cost) Yen in millions Land Buildings Machinery and equipment Vehicles and Construction Total Balance as of April 1, 2022 1,361,791 5,284,620 13,982,362 6,781,229 565,528 27,975,530 Additions 14,990 75,098 433,393 1,916,239 934,847 3,374,566 Sales or disposal (14,680 ) (76,482 ) (599,825 ) (2,516,466 ) (13,684 ) (3,221,137 ) Reclassification from construction in progress 50,494 88,625 480,805 167 (620,091 ) — Foreign currency translation adjustments 10,458 67,274 437,649 524,175 13,503 1,053,058 Other 3,317 25,676 62,235 69,083 (33,236 ) 127,075 Balance as of March 31, 2023 1,426,370 5,464,811 14,796,619 6,774,427 846,866 29,309,093 Additions 5,217 136,241 581,930 2,893,569 1,075,590 4,692,547 Sales or disposal (14,729 ) (39,296 ) (545,829 ) (2,974,283 ) (4,771 ) (3,578,908 ) Reclassification from construction in progress 5,691 138,013 776,356 236 (920,295 ) — Foreign currency translation adjustments 27,296 153,948 919,653 812,366 56,654 1,969,916 Other (8,033 ) 31,032 (59,696 ) 17,596 (13,856 ) (32,956 ) Balance as of March 31, 2024 1,441,811 5,884,749 16,469,032 7,523,911 1,040,188 32,359,692 (Accumulated depreciation and impairment losses) Yen in millions Land Buildings Machinery and equipment Vehicles and Construction Total Balance as of April 1, 2022 (6,379 ) (3,375,598 ) (10,762,953 ) (1,503,668 ) (292 ) (15,648,890 ) Depreciation — (148,981 ) (921,037 ) (856,921 ) — (1,926,939 ) Impairment losses (393 ) (10,517 ) (17,358 ) — (2,846 ) (31,114 ) Sales or disposal 150 63,448 559,467 860,708 — 1,483,773 Foreign currency translation adjustments (178 ) (39,793 ) (334,617 ) (96,936 ) (2 ) (471,526 ) Other (513 ) (17,746 ) (53,167 ) (8,928 ) (71 ) (80,423 ) Balance as of March 31, 2023 (7,313 ) (3,529,186 ) (11,529,666 ) (1,605,744 ) (3,210 ) (16,675,119 ) Depreciation — (139,999 ) (974,181 ) (842,931 ) — (1,957,111 ) Impairment losses — (208 ) (18,862 ) — — (19,069 ) Sales or disposal 579 34,067 498,703 962,901 3 1,496,254 Foreign currency translation adjustments (825 ) (84,432 ) (666,255 ) (162,784 ) 2,810 (911,486 ) Other 574 (34,029 ) (29,354 ) 29,549 (2,112 ) (35,373 ) Balance as of March 31, 2024 (6,985 ) (3,753,786 ) (12,719,614 ) (1,619,009 ) (2,510 ) (18,101,905 ) Depreciation on “Property, plant and equipment” is included in “Cost of products sold” and “Selling, general and administrative” in the consolidated statement of income. Vehicles and equipment on operating leases consist of the following: Yen in millions March 31, 2023 2024 Vehicles 6,759,024 7,471,187 Equipment 15,403 52,724 6,774,427 7,523,911 Less - Accumulated depreciation (1,605,744 ) (1,619,009 ) Vehicles and equipment on operating leases, net 5,168,683 5,904,902 The following table presents future lease payments to be received for vehicles and equipments on operating leases: Yen in millions March 31, 2023 2024 Within 1 year 885,757 1,003,221 Between 1 and 2 years 497,218 678,342 Between 2 and 3 years 216,227 314,496 Between 3 and 4 years 59,004 77,715 Between 4 and 5 years 21,022 28,267 Later than 5 years 10,484 13,619 Total future rentals 1,689,712 2,115,660 The future lease payments to be received as shown above should not be considered indicative of future cash collections.

Right of use assets and lease l

Right of use assets and lease liabilities	12 Months Ended
Right of use assets and lease liabilities	Mar. 31, 2024
Text block 1 [Abstract]
Right of use assets and lease liabilities	13. Right of use assets and lease liabilities The breakdown of right of use assets is as follows: Yen in millions March 31, 2023 2024 Types of original assets Land 64,717 60,388 Buildings 333,698 341,408 Other 92,953 131,040 Total 491,368 532,835 The increase in the right of use assets for the years ended on March 31, 2023 and 2024 were ¥116,298 million and ¥101,534 million, respectively. The breakdown of main gains and losses on lessee’s leases is as follows: Yen in millions March 31, 2023 2024 Depreciation of right of use assets Land 5,217 9,699 Buildings 42,408 69,962 Other 36,566 42,038 Total 84,191 121,698 Interest expense on lease liabilities 5,429 6,152 Short-term leases 97,025 103,544 186,645 231,394 For the years ended March 31, 2023 and 2024, the total cash outflows for lessee leases were ¥172,112 million and ¥188,677 million, respectively. The following is the maturity analysis of the total future lease payments and the adjustment to the present value: Yen in millions March 31, 2023 2024 Within 1 year 74,780 83,145 Between 1 and 5 years 179,026 190,511 Later than 5 years 254,096 244,107 Future lease payment, total 507,902 517,763 Less - Interest expense (51,781 ) (55,195 ) Present value of lease payment, total 456,120 462,568 Current liabilities 66,870 73,456 Non-current 389,250 389,112 Present value of lease payment, total 456,120 462,568

Intangible assets

Intangible assets	12 Months Ended
Intangible assets	Mar. 31, 2024
Disclosure of detailed information about intangible assets [abstract]
Intangible assets	14. Intangible assets The carrying value of intangible assets is as follows: Yen in millions March 31, 2023 2024 Capitalized development costs 669,612 638,337 Software and other 579,510 716,989 Total 1,249,122 1,355,326 The changes in cost and accumulated amortization of intangible assets are as follows: (Cost) Yen in millions Capitalized development costs Software and other Total Balance as of April 01, 2022 1,141,234 827,232 1,968,466 Additions — 40,655 40,655 Internally developed 181,634 98,040 279,674 Sales or disposal (164,898 ) (38,473 ) (203,372 ) Foreign currency translation adjustments 1,465 20,886 22,351 Other — 17,056 17,056 Balance as of March 31, 2023 1,159,435 965,395 2,124,830 Additions — 109,051 109,051 Internally developed 124,788 136,107 260,895 Sales or disposal (230,512 ) (133,477 ) (363,989 ) Foreign currency translation adjustments 4,622 42,104 46,726 Other — 20,715 20,715 Balance as of March 31, 2024 1,058,334 1,139,895 2,198,228 (Accumulated amortization) Yen in millions Capitalized development costs Software and other Total Balance as of April 01, 2022 (477,472 ) (299,028 ) (776,500 ) Amortization (164,512 ) (112,965 ) (277,477 ) Sales or disposal 152,161 37,901 190,062 Foreign currency translation adjustments — (10,533 ) (10,533 ) Other — (1,261 ) (1,261 ) Balance as of March 31, 2023 (489,823 ) (385,886 ) (875,708 ) Amortization (160,686 ) (129,956 ) (290,642 ) Sales or disposal 230,512 117,841 348,353 Foreign currency translation adjustments — (22,633 ) (22,633 ) Other — (2,272 ) (2,272 ) Balance as of March 31, 2024 (419,997 ) (422,905 ) (842,902 ) Amortization of intangible assets is included in “Cost of products sold” and “Selling, general and administrative” in the consolidated statement of income. There is no material internally generated intangible assets except for capitalized development costs.

Income taxes

Income taxes	12 Months Ended
Income taxes	Mar. 31, 2024
Text block 1 [Abstract]
Income taxes	15. Income taxes (1) Deferred tax assets and liabilities Significant components of deferred tax assets and liabilities are as follows: Yen in millions March 31, 2023 2024 Deferred tax assets Defined benefit plan liabilities 120,007 100,770 Accrued expenses and liabilities for quality assurance 662,425 724,325 Other accrued employees’ compensation 127,668 138,219 Operating loss carryforwards for tax purposes 191,906 50,214 Allowance for doubtful accounts and credit losses 94,639 103,860 Property, plant and equipment and other assets 252,441 296,739 Other 463,250 569,648 Total deferred tax assets 1,912,336 1,983,775 Deferred tax liabilities Changes in fair value of financial instruments measured in other comprehensive income (737,156 ) (1,015,448 ) Undistributed earnings of foreign subsidiaries (39,496 ) (42,365 ) Undistributed earnings of associates and joint ventures (1,076,742 ) (1,176,045 ) Basis difference of acquired assets (78,206 ) (82,852 ) Capitalized development costs (201,120 ) (189,496 ) Lease transactions (972,158 ) (897,291 ) Other (222,378 ) (297,686 ) Total deferred tax liabilities (3,327,255 ) (3,701,183 ) Net deferred tax assets and liabilities (1,414,919 ) (1,717,408 ) Of the changes in deferred tax assets and deferred tax liabilities for the years ended March 31, 2022, 2023 and 2024, the amount recognized as income tax expense in the consolidated statement of income is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Defined benefit plan liabilities 4,203 802 (4,333 ) Accrued expenses and liabilities for quality assurance (40,761 ) 26,942 40,626 Other accrued employees’ compensation (968 ) (2,745 ) 6,925 Operating loss carryforwards for tax purposes 38,119 116,344 (133,776 ) Allowance for doubtful accounts and credit losses (4,902 ) 4,474 (551 ) Property, plant and equipment and other assets (9,795 ) 24,850 11,518 Undistributed earnings of foreign subsidiaries (33,349 ) 12,391 (2,869 ) Undistributed earnings of associates and joint ventures (71,405 ) (63,520 ) (43,526 ) Basis difference of acquired assets (11,270 ) (12,075 ) 1,152 Capitalized development costs (9,708 ) 4,003 12,824 Lease transactions 103,098 (487,702 ) 186,196 Other 111,603 44,144 88,582 Total 74,864 (332,091 ) 162,768 The deductible temporary differences, unused tax losses, and unused tax credits for which no deferred tax asset is recognized in the statement of financial position: Yen in millions March 31, 2023 2024 Deductible temporary difference 968,060 1,292,277 Carryforwards of tax losses 712,357 762,196 Carryforwards of tax credit 115,809 95,462 Total 1,796,225 2,149,935 The expected expiration date of the carryforwards of tax losses for which deferred tax assets are not recognized are as follows: Yen in millions March 31, 2023 2024 Within 5 years 75,839 7,791 Between 5 and 10 years 313,895 357,421 Later than 10 years 322,623 396,984 Total 712,357 762,196 The expected expiration date of the carryforwards of tax credit for which deferred tax assets are not recognized are as follows: Yen in millions March 31, 2023 2024 Within 5 years 10,018 4,764 Between 5 and 10 years 18,107 3,680 Later than 10 years 87,684 87,018 Total 115,809 95,462 Of the temporary differences in investments in foreign subsidiaries, because management intends to reinvest undistributed earnings of foreign subsidiaries to the extent not expected to be remitted in the foreseeable future, no deferred tax liability is recognized. As of March 31, 2023 and 2024, the temporary differences totaled ¥4,367,250 million and ¥4,630,892 million, respectively, and Toyota estimates an additional deferred tax liability of ¥202,488 million and ¥232,645 million would be required, respectively, if the full amount of those undistributed earnings were remitted. (2) Income tax expenses The income tax expense for the years ended March 31, 2022, 2023 and 2024 consists of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Current income tax expense: TMC and domestic subsidiaries 672,077 758,772 1,432,299 Foreign subsidiaries 518,705 84,902 624,134 Total current 1,190,782 843,674 2,056,433 Deferred income tax expense (benefit): TMC and domestic subsidiaries 42,131 27,783 (42,906 ) Foreign subsidiaries (116,995 ) 304,308 (119,862 ) Total deferred (74,864 ) 332,091 (162,768 ) Total income tax expense 1,115,918 1,175,765 1,893,665 Toyota is subject to a number of different income taxes which, in the aggregate, indicate a statutory rate in Japan of approximately 30.9% for the years ended March 31, 2022, 2023 and 2024. The statutory tax rates in effect for the year in which the temporary differences are expected to reverse are used to calculate the tax effects of temporary differences which are expected to reverse in future years. Reconciliation of the differences between the statutory tax rate and the average effective tax rate is as follows: For the years ended March 31, 2022 2023 2024 Statutory tax rate 30.9 % 30.9 % 30.9 % Increase (reduction) in taxes resulting from: Non-deductible 0.6 0.8 0.3 Tax-exempt (0.3 ) (0.4 ) (0.2 ) Deferred tax liabilities on undistributed earnings of foreign subsidiaries 1.3 1.1 0.6 Effects of investments accounted for using the equity method (4.3 ) (5.4 ) (3.4 ) Deferred tax liabilities on undistributed earnings of associates and joint ventures 2.6 3.1 2.1 Change in unrecognized deferred tax assets 3.7 6.3 0.4 Tax credits (2.7 ) (3.5 ) (2.1 ) The difference between the statutory tax rate in Japan and that of foreign subsidiaries (3.1 ) (1.5 ) (2.0 ) Unrecognized tax benefits adjustments (0.3 ) 0.4 — Other (0.3 ) 0.3 0.6 Average effective tax rate 28.0 % 32.0 % 27.2 % (3) Impact of Application of the Pillar Two Model Rules Toyota applies the temporary exception regarding the requirements of IAS 12 on deferred tax related to the Pillar Two Model Rules. Consequently, any deferred tax assets or liabilities related to the Pillar Two Model Rules are not recognized or disclosed. Toyota conducts business in jurisdictions that have established tax laws for the application of the Pillar Two Model Rules. In Japan, under the Tax Reform Act of 2023, a corporate tax related to global minimum taxation has been implemented for each fiscal year as part of the legalization of the Income Inclusion Rules within the Pillar Two Model Rules. For fiscal years beginning on or after April 1, 2024, top-up taxation will be applied to Japanese parent companies until the effective tax rate of their subsidiaries reaches the minimum tax rate of %. Although additional taxation under the Pillar Two Model Rules has not yet been applied in fiscal 2024, even if it were to be applied in fiscal 2024, the financial impact would not be material.

Trade accounts and other payabl

Trade accounts and other payables	12 Months Ended
Trade accounts and other payables	Mar. 31, 2024
Text block 1 [Abstract]
Trade accounts and other payables	16. Trade accounts and other payables Trade accounts and other payables consists of the following: Yen in millions March 31, 2023 2024 Accounts and notes payables 3,819,334 3,828,068 Other payables 1,166,974 1,423,289 Total 4,986,309 5,251,357 Trade accounts and other payables are classified as financial liabilities measured at amortized cost.

Financial liabilities

Financial liabilities	12 Months Ended
Financial liabilities	Mar. 31, 2024
Text block 1 [Abstract]
Financial liabilities	17. Financial liabilities (1) Financial liabilities Financial liabilities consist of the following: Yen in millions Non-cash As of Cash flow Acquisitions Reclassification Changes Changes Other As of Current liabilities Short-term debt 4,104,858 239,689 — — 231,700 — 13,926 4,590,173 Current portion of long-term debt 7,026,845 (8,283,375 ) — 8,380,467 467,956 — 56,704 7,648,596 Current portion of long-term lease liabilities 56,136 (69,658 ) — 39,311 1,424 — 39,657 66,870 Current liabilities 11,187,839 (8,113,344 ) — 8,419,778 701,080 — 110,286 12,305,639 Non-current Long-term debt 14,943,727 9,276,918 — (8,380,467 ) 836,348 — 8,858 16,685,384 Long-term lease liabilities 364,792 — 116,298 (39,311 ) 9,277 — (61,807 ) 389,250 Class share — — — — — — — — Non-current 15,308,519 9,276,918 116,298 (8,419,778 ) 845,626 — (52,949 ) 17,074,634 Total 26,496,358 1,163,574 116,298 — 1,546,706 — 57,337 29,380,273 Derivatives 7,221 77,098 — — (5,202 ) (141,475 ) — (62,359 ) Yen in millions Non-cash changes As of Cash flow Acquisitions Reclassification Changes Changes Other As of Current liabilities Short-term debt 4,590,173 401,740 — — 519,138 — (23,093 ) 5,487,959 Current portion of long-term debt 7,648,596 (8,673,349 ) — 9,974,103 896,377 — (858 ) 9,844,870 Current portion of long-term lease liabilities 66,870 (78,981 ) — 77,698 3,295 — 4,573 73,456 Class share . . . . . . . . . — — — — — — — — Current liabilities . . . 12,305,639 (8,350,589 ) — 10,051,801 1,418,811 — (19,378 ) 15,406,284 Non-current liabilities Long-term debt 16,685,384 12,057,349 — (9,974,103 ) 1,933,312 — 64,442 20,766,384 Long-term lease liabilities 389,250 — 101,534 (77,698 ) 20,766 — (44,740 ) 389,112 Non-current liabilities 17,074,634 12,057,349 101,534 (10,051,801 ) 1,954,078 — 19,702 21,155,496 Total 29,380,273 3,706,760 101,534 — 3,372,889 — 324 36,561,780 Derivatives (62,359 ) 95,572 — — (4,792 ) (68,999 ) — (40,578 ) Short-term and long-term debt is classified as financial liabilities measured at amortized cost. (2) Short-term debt The breakdown of “Short-term debt” is as follows: Yen in millions March 31, 2023 2024 Short-term debt (Principally from bank) [Weighted average interest rate 2023 2.02 2024 2.27 916,725 1,387,832 Commercial paper [Weighted average interest rate 2023 3.81 2024 4.53 3,673,447 4,100,127 4,590,173 5,487,959 (3) Long-term debt The breakdown of “Long-term debt” is as follows: Yen in millions March 31, 2023 2024 Unsecured loans (Principally from bank) [2023 Weighted average interest 3.18% Due 2023 to 2042 2024 Weighted average interest 3.68% Due 2024 to 2042] 5,719,366 6,781,268 Secured loans (Principally financial receivables securitization) [2023 Weighted average interest 3.82% Due 2023 to 2034 2024 Weighted average interest 4.64% Due 2024 to 2034] 5,266,411 6,458,570 Medium-term notes of consolidated subsidiaries [2023 Weighted average interest 2.72% Due 2023 to 2048 2024 Weighted average interest 3.58% Due 2024 to 2048] 10,561,816 14,272,962 Unsecured bonds of the parent [2023 Weighted average interest 1.29% Due 2023 to 2037 2024 Weighted average interest 1.92% Due 2024 to 2037] 1,127,650 1,221,345 Unsecured bonds of consolidated subsidiaries [2023 Weighted average interest 2.54% Due 2023 to 2028 2024 Weighted average interest 2.75% Due 2024 to 2029] 1,621,444 1,811,271 Secured bonds of consolidated subsidiaries [2023 Weighted average interest 6.53% Due 2023 to 2026 Yen in millions March 31, 2023 2024 2024 Weighted average interest 7.86 Due 2024 to 2029 37,294 65,837 24,333,981 30,611,253 Less - Current portion due within one year (7,648,596 ) (9,844,870 ) 16,685,384 20,766,384 As of March 31, 2023 and 2024, the currencies of long-term debt are 53% and 53% in US dollars, 11% and 10% in Japanese yen, 13% and 13% in Euros, 6% and 5% in Australian dollars, 3% and 4% in Canadian dollars, 14% and 15% in other currencies. (4) Assets pledges as collateral The breakdown of assets pledged as collateral mainly for loans of consolidated subsidiaries is as follows: Yen in millions March 31, 2023 2024 Property, plant and equipment 1,498,448 1,574,373 Other assets 5,459,877 6,731,856 Total 6,958,325 8,306,230 Other assets principally consist of securitized finance receivables. Standard agreements with certain banks include provisions that collateral (including sums on deposit with such banks) or guarantees will be furnished upon the banks’ request and that any collateral furnished, pursuant to such agreements or otherwise, will be applicable to all present or future indebtedness to such banks. (5) Interest expenses The interest expenses for the fiscal year ended March 31, 2023 and 2024 are ¥651,979 million and ¥1,213,021 million, respectively. Interest expenses related to the financial business is included in “cost of financial services” in the consolidated statement of income.

Other financial liabilities

Other financial liabilities	12 Months Ended
Other financial liabilities	Mar. 31, 2024
Text block 1 [Abstract]
Other financial liabilities	18. Other financial liabilities Other financial liabilities consist of the following: Yen in millions March 31, 2023 2024 Financial liabilities measured at amortized cost Deposits received 1,015,094 1,205,723 Other 454,756 558,039 Financial liabilities measured at fair value through profit or loss Derivatives 456,257 432,189 Total 1,926,107 2,195,951 Current liabilities 1,392,397 1,700,137 Non-current 533,710 495,814 Total 1,926,107 2,195,951

Financial risks

Financial risks	12 Months Ended
Financial risks	Mar. 31, 2024
Text block 1 [Abstract]
Financial risks	19. Financial risks (1) Financial risk management policy Toyota is exposed to various risks such as credit risk, liquidity risk, market risk (foreign currency risk, interest rate risk, commodity price fluctuation risk and stock price fluctuation risk). To hedge the market risk, Toyota also uses derivative financial instruments such as forward exchange contracts, interest rate swaps, commodity forwards transactions. With respect to the execution and management of derivative transactions, it follows the company regulations that set out transaction authority, and it is a policy not to conduct speculative transactions using derivative financial instruments. In addition, Toyota procures necessary funds (mainly bank borrowings and issuing corporate bonds) based on the capital expenditure plans, and temporary surplus funds are managed with highly safe financial assets and short-term working capital is procured through bank borrowings and commercial paper. As for liquidity risk concerning fund procurement, each company manages it by preparing a monthly cash flow plan, etc. (2) Credit risk Receivables related to financial services are exposed to the credit risk. The risk is arisen from the failure of customers or dealers to meet the terms of their contracts with Toyota or otherwise fail to perform as agreed. Toyota manages its credit risk by defining risk management methods and management systems for specific risks in accordance with the regulations on risk management. Based on such regulations, Toyota mitigates the credit risk through periodical monitoring of the customer’s credit status and undertaking the maturity control and account balance control, while detecting promptly any doubtful accounts caused by deterioration in the financial conditions. Please see Note 3 “Allowance for credit losses on finance receivables” about measuring method of the expected credit losses on receivables related to financial services. The carrying amount after impairment of the financial assets presented in the consolidated financial statements, as well as guarantee obligations and loan commitments that are set forth in the notes to the consolidated financial statements, are the maximum exposure to the credit risk of Toyota’s financial assets that do not take into account the value of the acquired collateral. The allowance for credit exposures of loan commitments and financial agreements is measured in the same way that the allowance for retail receivables is measured. Retail receivables and financial lease receivables are being secured by vehicles as collateral. Wholesale receivables and other dealer loans are secured by placing appropriate property as collateral. Also, during the reporting period, there is no change in the policy regarding collateral. The net changes in the allowance for credit losses relating to the retail receivables are as follows: Yen in millions For the year ended March 31, 2023 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 88,125 99,465 42,514 230,104 Provision for credit loss, net of reversal 26,490 59,627 89,456 175,573 Charge-offs — — (91,215 ) (91,215 ) Other (18,895 ) (34,225 ) 13,530 (39,591 ) Allowance for credit loss at end of year 95,720 124,867 54,284 274,871 Yen in millions For the year ended March 31, 2024 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 95,720 124,867 54,284 274,871 Provision for credit loss, net of reversal 34,386 64,742 142,299 241,427 Charge-offs — — (150,458 ) (150,458 ) Other (19,062 ) (41,819 ) 31,193 (29,688 ) Allowance for credit loss at end of year 111,044 147,790 77,318 336,152 “Other” primarily includes reversal of allowance for credit loss due to the collection of retail receivables. The table below shows the retail receivables segregated into aging categories based on the numbers of the days outstanding: Yen in millions March 31, 2023 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Current 17,905,331 1,275,170 — 19,180,501 Past due less than 90 days 331,040 542,999 21,469 895,509 Past due 90 days or more — 416 124,580 124,995 Total 18,236,371 1,818,584 146,049 20,201,004 Yen in millions March 31, 2024 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Current 22,750,132 1,526,798 — 24,276,931 Past due less than 90 days 318,524 694,558 23,761 1,036,843 Past due 90 days or more — 4,598 171,574 176,172 Total 23,068,656 2,225,954 195,335 25,489,945 The net changes in the allowance for credit losses relating to the finance lease receivables are as follows: Yen in millions For the years ended March 31, 2023 2024 Allowance for credit loss at beginning of year 36,985 36,920 Provision for credit loss, net of reversal 14,926 23,617 Charge-offs (7,233 ) (7,676 ) Other (7,757 ) (5,952 ) Allowance for credit loss at end of year 36,920 46,909 “Other” primarily includes reversal of allowance for credit loss due to the collection of finance lease receivables. The table below shows the finance lease receivables segregated into aging categories based on the numbers of the days outstanding: Yen in millions March 31, 2023 2024 Current 2,437,467 3,057,602 Past due less than 90 days 46,296 60,316 Past due 90 days or more 19,606 25,506 Total 2,503,369 3,143,424 The table below shows the net movement of the allowance for credit losses on wholesale receivables and other dealer loans. Yen in millions For the year ended March 31, 2023 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 14,349 5,092 5,396 24,836 Provision for credit loss, net of reversal 3,517 1,780 551 5,847 Charge-offs — — — — Other (3,225 ) (2,289 ) (547 ) (6,062 ) Allowance for credit loss at end of year 14,640 4,582 5,399 24,622 Yen in millions For the year ended March 31, 2024 Expected credit loss for Expected credit loss for the entire Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 14,640 4,582 5,399 24,622 Provision for credit loss, net of reversal 6,362 2,539 1,130 10,031 Charge-offs — — (204 ) (204 ) Other (3,521 ) (1,191 ) 1,475 (3,236 ) Allowance for credit loss at end of year 17,481 5,931 7,801 31,213 “Other” primarily includes reversal of allowance for credit loss due to the collection of wholesale receivables and other dealer loans. Toyota charges off the credit - impaired finance receivables when Toyota considers that all or part of it will not be collected. The amount of receivables related to financial services which has been charged off but subject to ongoing collection activity was not significant for the years ended March 31, 2023 and 2024. The balances of the wholesale receivables and other dealer loan receivables portfolios by credit status, as well as loan commitments and financial guarantee contracts, as of March 31, 2023 and 2024 are as follows. The wholesale and other dealer loan receivables portfolio segment is segregated into following credit qualities below based on internal risk assessments by dealers. Performing: Account not classified as either Credit Watch, At Risk or DefaultCredit Watch: Account designated for elevated attention At Risk: Account where there is an increased likelihood that default may exist based on qualitative and quantitative factors Default: Account is not currently meeting contractual obligations, or we have temporarily waived certain contractual requirements Yen in millions March 31, 2023 Expected credit loss for Lifetime expected credit loss Financial receivable not credit-impaired Credit-impaired financial receivable Total Wholesale and other dealer loan Performing 3,300,629 — — 3,300,629 Credit Watch 47,184 69,086 — 116,270 At Risk — 29,780 6,708 36,487 Default — — 8,034 8,034 Loan commitments 10,704,882 65,053 572 10,770,507 Financial guarantee contracts 3,536,796 37,260 — 3,574,056 Total 17,589,491 201,179 15,314 17,805,983 Yen in millions March 31, 2024 Expected credit loss for Lifetime expected credit loss Financial receivable not credit-impaired Credit-impaired financial receivable Total Wholesale and other dealer loan Performing 4,741,270 — — 4,741,270 Credit Watch 61,078 132,721 — 193,799 At Risk — 45,231 4,258 49,489 Default — — 21,209 21,209 Loan commitments 11,129,604 115,327 781 11,245,712 Financial guarantee contracts 3,200,368 36,964 — 3,237,333 Total 19,132,321 330,243 26,247 19,488,811 For the year ended March 31, 2023 and 2024, the amount of finance receivables the terms of which were modified due to deterioration in credit conditions was not significant for any portfolio of finance receivables, and the amount of payment defaults on finance receivables so modified were not significant for any portfolio of such receivables. (3) Liquidity risk To secure cash on hand necessary for carrying out the operation, Toyota appropriately borrows from the financial institutions and issues medium-term notes, corporate bonds or commercial paper, and there is a risk of failing to execute the payment on due date because of deterioration of fund procurement environment etc. Toyota manages liquidity risk by monitoring the fund demand of each group company as appropriate, preparing a monthly-based funding plan, and comparing it with the daily cash flow. In addition to holding sufficient cash and cash equivalents in order to secure the liquidity and stability of funds, to prepare for emergency situations such as the sudden fund demand and market liquidity deterioration, a commitment line has been set up. The amounts of non-derivative As of March 31, 2023 Yen in millions Maturities Book value Contractual cash flows Within 1 year Between 1 and Between 3 and Later than 5 years Non-derivative Short-term debt 916,725 (941,708 ) (941,708 ) — — — Commercial paper 3,673,447 (3,765,973 ) (3,765,973 ) — — — Long-term debt 24,333,981 (25,829,430 ) (8,067,346 ) (10,527,952 ) (5,609,531 ) (1,624,601 ) Lease liabilities 456,120 (507,902 ) (74,780 ) (102,258 ) (76,769 ) (254,096 ) Total 29,380,273 (31,045,012) (12,849,807) (10,630,210) (5,686,300) (1,878,696) Derivative financial liabilities Interest derivative 296,438 (315,269 ) (41,958 ) (155,214 ) (109,599 ) (8,498 ) Currency derivative In — 835,459 58,806 187,514 589,139 — Out 159,819 (1,017,589 ) (90,525 ) (220,701 ) (706,363 ) — Total 456,257 (497,400 ) (73,678 ) (188,401 ) (226,823 ) (8,498 ) Total 29,836,530 (31,542,412 ) (12,923,485 ) (10,818,611 ) (5,913,123 ) (1,887,194 ) As of March 31, 2024 Yen in millions Maturities Book value Contractual Within 1 year Between 1 and Between 3 and Later than 5 years Non-derivative financial liabilities Short-term debt 1,387,832 (1,398,947 ) (1,398,947 ) — — — Commercial paper 4,100,127 (4,222,660 ) (4,222,660 ) — — — Long-term debt 30,611,253 (33,286,908 ) (10,862,374 ) (13,051,900 ) (6,770,969 ) (2,601,665 ) Lease liabilities 462,568 (517,763 ) (83,145 ) (115,664 ) (74,847 ) (244,107 ) Total 36,561,780 (39,426,278 ) (16,567,126 ) (13,167,564 ) (6,845,816 ) (2,845,772 ) Derivative financial liabilities Interest derivative 238,503 (237,685 ) (74,298 ) (103,424 ) (54,923 ) (5,040 ) Currency derivative In — 1,127,763 150,390 433,343 362,638 181,391 Out 193,686 (1,370,175 ) (222,251 ) (519,535 ) (427,529 ) (200,860 ) Total 432,189 (480,098 ) (146,158 ) (189,617 ) (119,815 ) (24,508 ) Total 36,993,969 (39,906,376 ) (16,713,284 ) (13,357,180 ) (6,965,631 ) (2,870,280 ) As described above, Toyota raises funds through the issuance of medium-term notes, corporate bonds, and commercial paper. These funding mechanisms comply with the regulations of each respective country, and Toyota qualifies as an eligible issuer. Depending on the individual debt registration statement, this allows us to issue medium-term notes without a predetermined issuance limit, or to raise funds within a specified issuance limit. The unused amount of funding with established issuance limits is as follows: Yen in millions March 31, 2023 2024 Medium-term notes 5,215,965 4,837,619 Corporate bonds 1,162,511 1,639,953 Commercial paper 1,153,342 1,241,053 Total 7,531,818 7,718,625 As of March 31, 2023 and 2024, Toyota has unused amounts of As of March 31, 2023 and 2024, the (4) Foreign exchange risk Toyota is subject to the foreign currency exposure through transactions in foreign currencies related to purchase, sale and finance associated with conducting business worldwide. Toyota is exposed to fluctuations risks related to future profitability or assets and liabilities regarding operating cash flow denominated in foreign currencies and various financial instruments. The most significant foreign currency exposure is primarily caused by the U.S. dollar and the euro. Toyota uses derivative financial instruments including foreign exchange forward contracts, foreign currency options, interest rate currency swap agreements, and others, to manage the exposure to foreign currency exchange rate fluctuations. Toyota uses Value-at-risk pre-tax Yen in millions VaR Year-end Average Maximum Minimum For the year ended March 31, 2023 381,600 393,175 418,900 369,800 For the year ended March 31, 2024 411,300 403,025 413,800 389,000 The Monte Carlo simulation method is used for Toyota’s VaR measurement, and measurement is based on a 95% confidence interval and a ten-day (5) Interest rate risk In preceding with business activities, Toyota is exposed to interest rate risk due to fluctuation in market interest rates as it procures and invests funds necessary for working capital and capital investment. To maintain a desirable level of exposure related to interest rate fluctuation risk and minimize interest expense, Toyota conducts various financial instruments transactions. Sensitivity analysis of Toyota’s interest rate risk associated with holding financial instruments if the interest rate increases by % is as follows. In this analysis, all other variables are assumed to be constant. Yen in millions For the years ended March 31, 2023 2024 Impact on income before income taxes (42,476 ) (49,799 ) Impact on other comprehensive income, before tax effect (238,820 ) (221,420 ) (6) Market price fluctuation risk Toyota is exposed to risks arising from increased costs due to commodity price fluctuations, such as iron and steel, precious metals and non-ferrous Toyota is exposed to stock price fluctuation risk because it owns shares of companies that have business relationships mainly for promoting smooth business activities. Toyota periodically reviews the fair values and financial situations of the business partner companies and, taking into consideration the relationship with them, continually reviews the holding status. The impact on other comprehensive income, before tax effect when the declared price of equity financial assets (shares) in active markets changes by 10% for the year ended March 31, 2023, and 2024 is ¥321,472 million and ¥364,120 million, respectively.

Derivative financial instrument

Derivative financial instruments	12 Months Ended
Derivative financial instruments	Mar. 31, 2024
Disclosure of detailed information about hedges [abstract]
Derivative financial instruments	20. Derivative financial instruments (1) Undesignated derivative financial instruments Toyota uses foreign exchange forward contracts, foreign currency options, interest rate swaps, interest rate currency swap agreements, and interest rate options, to manage its exposure to foreign currency exchange rate fluctuations and interest rate fluctuations from an economic perspective, and Toyota is unable to or has elected not to apply hedge accounting. Toyota does not use derivatives for speculation or trading. (2) Fair value and gain and losses of derivatives The fair values of the derivatives as of March 31, 2023 and 2024 are as follows: Yen in millions March 31, 2023 2024 Derivative assets Derivative financial instruments not designated as hedging instruments: Interest rate and currency swap Current assets - Other financial assets 163,777 180,657 Non-current - Other financial assets 404,593 355,245 Total 568,371 535,901 Foreign exchange forward and option contracts Current assets - Other financial assets 41,969 17,006 Non-current - Other financial assets — 14 Total 41,969 17,019 Total derivative assets 610,340 552,921 Yen in millions March 31, 2023 2024 Derivative financial liabilities Derivative financial instruments not designated as hedging instruments: Interest rate and currency swap Current liabilities - Other financial liabilities (47,044 ) (91,120 ) Non-current - Other financial liabilities (383,184 ) (286,396 ) Total (430,228 ) (377,516 ) Foreign exchange forward and option contracts Current liabilities - Other financial liabilities (26,029 ) (54,086 ) Non-current - Other financial liabilities — (588 ) Total (26,029 ) (54,673 ) Total derivative liabilities (456,257 ) (432,189 ) The amount of underlying notional of derivatives as of March 31, 2023 and 2024 are as follows: Yen in millions March 31, 2023 2024 Derivative financial instruments not designated as hedging instruments: Interest rate and currency swap 25,999,796 31,825,306 Foreign exchange forward and option contracts 3,176,566 4,217,529 Total 29,176,362 36,042,835 Undesignated derivative financial instruments are used to manage economic risks of fluctuations in foreign currency exchange rates and interest rates of certain receivables and payables. Those economic risks are offset by changes in the fair value of undesignated derivative financial instruments. The gain (loss) on derivative transactions as of March 31, 2022, 2023 and 2024 were ¥773 million, ¥(129,782) million and ¥(267,190) million, respectively. The amounts are included in cost of financial services and foreign exchange gain (loss), net. Cash flows from transactions of derivative financial instruments are included in cash flows from operating activities in the consolidated statement of cash flows. (3) Credit risk related contingent features Toyota enters into International Swaps and Derivatives Association Master Agreements with counterparties. These Master Agreements contain a provision requiring either Toyota or the counterparty to settle the contract or to post assets to the other party in the event of a ratings downgrade below a specified threshold. The aggregate fair value amount of derivative financial instruments that contain credit risk related contingent features that are in a net liability position after being offset by cash collateral as of March 31, 2023 and 2024 is ¥12,623 million and ¥13,166 million, respectively. The aggregate fair value amount of assets that are already posted as cash collateral as of March 31, 2023 and 2024 is ¥111,249 million and ¥98,840 million, respectively. If the ratings of Toyota decline below specified thresholds, the maximum amount of assets to be posted or for which Toyota could be required to settle the contracts is ¥13,166 million as of March 31, 2024. See Note 22 for details.

Fair value measurements

Fair value measurements	12 Months Ended
Fair value measurements	Mar. 31, 2024
Text block 1 [Abstract]
Fair value measurements	21. Fair value measurement (1) Definition of fair value hierarchy In accordance with IFRS Accounting Standards, Toyota classifies fair value measurement into the following three levels based on the observability and significance of the inputs used. Level 1: Quoted prices in active markets for identical assets or liabilities Level 2: Fair value measurement based on inputs other than quoted prices included within Level 1 that are observable for the assets or liabilities, either directly or indirectly Level 3: Fair value measurement based on models using unobservable inputs for the assets or liabilities (2) Method of fair value measurement The fair value of assets and liabilities is determined using relevant market information and appropriate valuation methods. The methods and assumptions for measuring the fair value of assets and liabilities are as follows: (i) Cash and cash equivalents - Cash equivalents include money market funds and other investments with original maturities of three months or less. In the normal course of business, substantially all cash and cash equivalents and time deposits are highly liquid and are carried at amounts which approximate fair value due to their short duration. (ii) Trade accounts and other receivables and Trade accounts and other payables - These receivables and payables are carried at amounts which approximate fair value due to their short duration. (iii) Receivables related to financial services - The fair value of receivables related to financial services is estimated by discounting expected cash flows to present value using internal assumptions, including prepayment speeds, expected credit losses and collateral value. As unobservable inputs are utilized, the fair value of receivables related to financial services is classified as Level 3. (iv) Other financial assets - (Public and corporate bonds) Public and corporate bonds include government bonds. Japanese bonds and foreign bonds, including U.S., European and other bonds, represent 30% and 70% (as of March 31, 2023) and 29% and 71% (as of March 31, 2024) of public and corporate bonds, respectively. Toyota primarily uses quoted market prices for identical assets to measure the fair value of these securities. (Stocks) Listed stocks on the Japanese stock markets represent 86% (as of March 31, 2023) and 85% (as of March 31, 2024) of stocks that Toyota holds. Toyota primarily uses quoted market prices for identical assets to measure fair value of these securities. Therefore, stocks with an active market are classified as Level 1. Fair value of stocks with no active market is measured by using the market approach or other appropriate methods. Therefore, stocks with no active market are thus classified as Level 3. Price book-value ratios (“PBR”) of comparable companies, discount ratios of discounted cash flow valuation method and others are the significant unobservable inputs relating to the fair value measurement of stocks classified as Level 3. The fair value increases (decreases) as PBR of a comparable company rises (declines) or the discount rate declines (rises). The estimated increase or decrease in fair value of stocks if the unobservable inputs were to be replaced by other reasonable alternative assumptions are not significant. These estimates are based on valuation methods that are considered appropriate in each case. The significant assumptions involved in the estimations include the financial condition and future prospects and trends of the investees and the outcome of the referenced transactions. Due to the uncertain nature of these assumptions or by using different assumptions and estimates, the fair value may be impacted materially. The shares classified as Level 3 are measured by the responsible department using quarterly available information in accordance with Toyota’s consolidated financial accounting policies and reported to the supervisors along with the basis of the change in fair value. (v) Derivative financial instruments - Toyota employs derivative financial instruments, including foreign exchange forward contracts, foreign currency options, interest rate swaps, interest rate currency swap agreements and interest rate options to manage its exposure to fluctuations in interest rates and foreign currency exchange rates. Toyota primarily estimates the fair value of derivative financial instruments using industry-standard valuation models that require observable inputs including interest rates and foreign exchange rates, and the contractual terms. The usage of these models does not require significant judgment to be applied. These derivative financial instruments are classified as Level 2. In other certain cases when market data are not available, key inputs to the fair value measurement include quotes from counterparties, and other market data. Toyota assesses the reasonableness of changes of the quotes using observable market data. These derivative financial instruments are classified as Level 3. Toyota’s derivative fair value measurements consider assumptions about counterparty and Toyota’s own non-performance (vi) Short-term and long-term debt - The fair values of short-term and long-term debt including the current portion, except for secured loans provided by securitization transactions using special-purpose entities (“Loans Based on Securitization”), are estimated based on the discounted amounts of future cash flows using Toyota’s current borrowing rates for similar liabilities. As these inputs are observable, the fair value of these debts is classified as Level 2. The fair values of the Loans Based on Securitization are primarily estimated based on current market rates and credit spreads for debt with similar maturities. Internal assumptions including prepayment speeds and expected credit losses are used to estimate the timing of cash flows to be paid on the underlying securitized assets. In cases where these valuations utilize unobservable inputs, the fair value of the Loans Based on Securitization is classified as Level 3. (3) Financial instrument measured at fair value on recurring basis The following table summarizes the fair values of the assets and liabilities measured at fair value on a recurring basis. Transfers between levels of the fair value are recognized at the date of the event or change in circumstances that caused the transfer: Yen in millions March 31, 2023 Level 1 Level 2 Level 3 Total Other financial assets: Financial assets measured at fair value through profit or loss Public and corporate bonds 98,458 88,989 6,369 193,816 Stocks — — 168,214 168,214 Derivative financial instruments — 610,340 — 610,340 Other 334,071 161,981 — 496,052 Total 432,529 861,310 174,583 1,468,422 Financial assets measured at fair value through other comprehensive income Public and corporate bonds 3,976,333 2,405,823 26,963 6,409,119 Stocks 3,214,720 — 199,060 3,413,780 Other 7,838 — — 7,838 Total 7,198,891 2,405,823 226,023 9,830,736 Other financial liabilities: Financial liabilities measured at fair value through profit or loss Derivative financial instruments — (456,257 ) — (456,257 ) Total — (456,257 ) — (456,257 ) Yen in millions March 31, 2024 Level 1 Level 2 Level 3 Total Other financial assets: Financial assets measured at fair value through profit or loss Public and corporate bonds 105,367 106,169 10,208 221,743 Stocks — — 212,393 212,393 Derivative financial instruments — 552,921 — 552,921 Other . . . . . . . . . . . . . . . . . . . . . . . . 288,071 265,103 — 553,174 Total . . . . . . . . . . . . . . . . . . . . 393,438 924,193 222,601 1,540,232 Financial assets measured at fair value through other comprehensive income Public and corporate bonds 4,245,238 4,013,583 20,962 8,279,783 Stocks 3,641,197 — 188,696 3,829,893 Other . . . . . . . . . . . . . . . . . . . . . . . . 11,537 — — 11,537 Total . . . . . . . . . . . . . . . . . . . . 7,897,972 4,013,583 209,658 12,121,213 Other financial liabilities: Financial liabilities measured at fair value through profit or loss Derivative financial instruments — (432,189 ) — (432,189 ) Total . . . . . . . . . . . . . . . . . . . . — (432,189 ) — (432,189 ) (4) Changes in financial instruments classified as Level 3 and measured at fair value on recurring basis The following table summarizes the changes in Level 3 assets and liabilities measured at fair value on a recurring basis for the years ended March 31, 2023 and 2024: Yen in millions For the year ended March 31, 2023 Public and corporate bonds Stocks Derivative financial Total Balance at beginning of year 21,852 319,294 — 341,146 Total gains (losses) Net income (loss) (71 ) 9,551 — 9,481 Other comprehensive income (loss) — (10,881 ) — (10,881 ) Purchases and issuances — 15,999 — 15,999 Sales and settlements (3,716 ) (14,055 ) — (17,771 ) Transfer to (from) Level 3 5,471 (1,639 ) — 3,832 Others 9,795 49,004 — 58,800 Balance at end of year 33,332 367,274 — 400,606 Unrealized gains or losses included in profit or loss on assets held at March 31 (63 ) 9,551 — 9,489 Total (63 ) 9,551 — 9,489 Yen in millions For the year ended March 31, 2024 Public and corporate bonds Stocks Derivative financial Total Balance at beginning of year 33,332 367,274 — 400,606 Total gains (losses) Net income (loss) 28 22,254 — 22,282 Other comprehensive income (loss) — (6,803 ) — (6,803 ) Purchases and issuances 4,910 27,768 — 32,678 Sales and settlements (6,155 ) (971 ) — (7,126 ) Transfer to (from) Level 3 21 — — 21 Others (967 ) (8,432 ) — (9,399 ) Balance at end of year 31,170 401,089 — 432,259 Unrealized gains or losses included in profit or loss on assets held at March 31 (40 ) 22,254 — 22,214 Total (40 ) 22,254 — 22,214 Net income (loss) in public and corporate bonds, stocks and derivative financial instruments, other than transactions related to financial services, are each included in “Other finance income” and “Other finance costs” in the accompanying consolidated statement of income. Transactions related to financial services are included in each of “Sales revenues—Financial services” and “Cost of financial services” in the consolidated statement of income. In the reconciliation table above, derivative financial instruments are presented as net of assets and liabilities. “Others” includes foreign currency translation adjustments for the year ended March 31, 2023 and 2024. (5) Financial assets and liabilities measured at amortized cost The following table summarizes the carrying amount and the fair value of financial assets and liabilities measured on an amortized cost basis: Yen in millions March 31, 2023 Fair value Carrying amount Level 1 Level 2 Level 3 Total Receivables related to financial services 24,770,851 — — 24,741,916 24,741,916 Interest-bearing liabilities Long-term debt (Including current portion) 24,333,981 — 18,598,205 5,149,410 23,747,616 Yen in millions March 31, 2024 Fair value Carrying amount Level 1 Level 2 Level 3 Total Receivables related to financial services 31,694,359 — — 31,787,879 31,787,879 Interest-bearing liabilities Long-term debt (Including current portion) 30,611,253 — 23,941,863 6,261,858 30,203,722 Of financial assets and liabilities that are measured on an amortized cost basis, those with carrying values that approximate fair value are excluded from the table above.

Offsetting financial assets and

Offsetting financial assets and liabilities	12 Months Ended
Offsetting financial assets and liabilities	Mar. 31, 2024
Text block 1 [Abstract]
Offsetting financial assets and liabilities	22. Offsetting Financial Assets and Liabilities The following table summarizes the amounts of financial assets and financial liabilities that are subject to an enforceable master netting agreement or similar agreement but not set off because they do not meet some or all of the offsetting criteria for financial assets and financial liabilities. With respect to financial instruments that may be offset in the future based on set-off set-off Yen in millions March 31, 2023 Gross amounts of recognized financial assets and financial liabilities Amounts not offset Net amount Financial instruments Collateral of financial instruments Other financial assets Derivatives 610,340 (196,423 ) (206,087) 207,830 Other financial liabilities Derivatives 456,257 (196,423 ) (97,794) 162,040 Yen in millions March 31, 2024 Gross amounts of recognized financial assets and financial liabilities Amounts not offset Net amount Financial instruments Collateral of financial instruments Other financial assets Derivatives 552,921 (94,647 ) (130,363 ) 327,911 Other financial liabilities Derivatives 432,189 (94,647 ) (52,497 ) 285,045 The amounts offset, as presented in the consolidated statement of financial position, in accordance with the criteria for offsetting financial assets and financial liabilities were immaterial.

Employee benefits

Employee benefits	12 Months Ended
Employee benefits	Mar. 31, 2024
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Employee benefits	23. Employee benefits (1) Overview of post-employment benefit Plans Upon terminations of employment, employees of TMC and subsidiaries in Japan are entitled, under the retirement plans of each company, to lump-sum Effective October 1, 2004, TMC amended its retirement plan to introduce a “point” based retirement benefit plan. Under the new plan, employees are entitled to lump-sum There are three types of “points” that vest in each year of service consisting of “service period points” which are attributed to the length of service, “job title points” which are attributed to the job title of each employee, and “performance points” which are attributed to the annual performance evaluation of each employee. Under normal circumstances, the minimum payment prior to retirement age is an amount reflecting an adjustment rate applied to represent voluntary retirement. Employees receive additional benefits upon involuntary retirement, including retirement at the age limit. Effective October 1, 2005, TMC partly amended its retirement plan and introduced the quasi cash-balance plan under which benefits are determined based on the variable-interest crediting rate rather than the fixed-interest crediting rate as was in the pre-amended TMC and most subsidiaries in Japan have contributory funded defined benefit pension plans, which are pursuant to the Corporate Defined Benefit Pension Plan Law (CDBPPL). The contributions to the plans are funded with several financial institutions in accordance with the applicable laws and regulations. These pension plan assets consist principally of common stocks, government bonds and insurance contracts. Most foreign subsidiaries have pension plans or severance indemnity plans covering substantially all of their employees under which the cost of benefits are currently invested or accrued. The benefits for these plans are based primarily on lengths of service and current rates of pay. These post-employment benefit plans are exposed to general investment risk, interest rate risk and inflation risk. Pension costs and defined benefit obligations are dependent on assumptions used in calculating such amounts. These assumptions include discount rates, retirement rate, salary increase rate, mortality rates and other factors. While management believes that the assumptions used are appropriate, differences in actual experience or changes in assumptions may affect Toyota’s pension costs and obligations. The most critical assumption impacting the calculation of pension costs and defined benefit obligations is the discount rates. Toyota determines the discount rates mainly based on the rates of high quality fixed income bonds currently available and expected to be available during the period to maturity of the defined benefit pension plans. Toyota uses a March 31 measurement date for its post-employment benefit plans. (2) Defined benefit obligations and plan assets The changes in present value of defined benefit obligations and fair value of plan assets are as follows: Yen in millions For the years ended March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Present value of defined benefit obligations: Benefit obligations at beginning of year 2,077,151 1,487,644 1,964,655 1,423,263 Current service cost 87,452 55,000 80,133 45,581 Interest cost 14,816 57,079 21,666 73,014 Remeasurements: Changes in demographic assumptions 2,707 30,743 850 1,337 Changes in financial assumptions (120,279 ) (258,990 ) (74,816 ) (16,818 ) Other (9,673 ) 18,248 (2,926 ) 2,222 Past service cost (1,419 ) 3,405 418 (18 ) Plan participants’ contributions 1,523 3,575 1,143 3,835 Benefits paid (87,624 ) (60,614 ) (90,283 ) (64,789 ) Effect of changes in exchange rates and other — 87,173 (2,501 ) 183,389 Benefit obligations at end of year 1,964,655 1,423,263 1,898,339 1,651,016 Fair value of plan assets: Plan assets at beginning of year 1,844,819 1,224,656 1,840,586 1,109,394 Interest income 13,576 48,386 21,377 73,033 Remeasurement Actual return on plan assets, excluding interest income (8,619 ) (216,474 ) 266,101 (30,407 ) Employer contributions 32,682 16,421 47,459 18,252 Plan participants’ contributions 1,523 3,575 1,143 3,835 Benefits paid (43,397 ) (34,017 ) (47,610 ) (34,845 ) Effect of changes in exchange rates and other — 66,849 (579 ) 145,656 Plan assets at end of year 1,840,586 1,109,394 2,128,476 1,284,918 The impact of minimum funding requirement and asset ceiling — — 268,228 — Net defined benefit liability (asset) 124,069 313,869 38,092 366,098 The funded defined benefit obligations and the unfunded defined benefit obligations are as follows: Yen in millions March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Funded defined benefit obligations 1,466,825 1,076,433 1,415,507 1,250,773 Plan assets (1,840,586 ) (1,109,394 ) (2,128,476 ) (1,284,918 ) The impact of minimum funding requirement and asset ceiling — — 268,228 — Subtotal (373,761 ) (32,961 ) (444,741 ) (34,145 ) Unfunded defined benefit obligations 497,830 346,830 482,833 400,243 Total 124,069 313,869 38,092 366,098 The net defined benefit liability (asset) recognized in the consolidated statement of financial position are comprised of the following: Yen in millions March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Retirement benefit liabilities 642,774 422,734 597,641 480,320 Other non-current (518,705 ) (108,865 ) (559,550 ) (114,222 ) Net amount recognized 124,069 313,869 38,092 366,098 (3) The major items of actuarial assumption The weighted-average discount rates used to determine the present value of defined benefit obligations are as follows: March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Discount rate 1.1 % 5.0 % 1.4 % 5.2 % (4) Fair value of plan assets Toyota’s policy and objective for plan asset management is to maximize returns on plan assets to meet future benefit payment requirements under risks which Toyota considers permissible. Asset allocations under the plan asset management are determined based on plan asset management policies of each plan which are established to achieve the optimized asset compositions in terms of the long-term overall plan asset management. When actual allocations are not in line with target allocations, Toyota rebalances its investments in accordance with the policies. Prior to making individual investments, Toyota performs in-depth The following table summarizes the fair value of classes of plan assets. Yen in millions March 31, 2023 Japanese plans Foreign plans Quoted prices in active markets Total Quoted prices in active markets Total Available Not available Available Not available Stocks 440,946 — 440,946 177,564 — 177,564 Government bonds 108,570 15 108,585 121,568 — 121,568 Bonds (other) — 84,234 84,234 — 185,395 185,395 Commingled funds — 492,915 492,915 — 394,228 394,228 Insurance contracts — 209,261 209,261 — — — Other 295,452 209,193 504,645 14,520 216,118 230,638 Total 844,968 995,618 1,840,586 313,652 795,742 1,109,394 Yen in millions March 31, 2024 Japanese plans Foreign plans Quoted prices in active Total Quoted prices in active markets Total Available Not available Available Not available Stocks 604,210 — 604,210 151,669 — 151,669 Government bonds 135,912 3 135,915 278,982 — 278,982 Bonds (other) — 92,568 92,568 — 271,917 271,917 Commingled funds — 521,388 521,388 — 399,742 399,742 Insurance contracts — 236,216 236,216 — — — Other . . . . . . . . . . . . . . . . . . . . . . . 288,891 249,288 538,180 17,899 164,708 182,607 Total . . . . . . . . . . . . . . . . . . . 1,029,013 1,099,463 2,128,476 448,550 836,367 1,284,918 “Other” consists of cash equivalents, other private placement investment funds and other assets. (5) The impact of minimum funding requirement and asset ceiling The impact of minimum funding requirement and asset ceiling is as follows: Yen in millions For the years ended March 31, 2023 2024 Japanese Foreign Japanese Foreign Beginning balance of the fiscal year — — — — Interest income — — — — Remeasurements: Change in asset ceiling excluding interest income — — 268,228 — Translation adjustments — — — — Ending balance of the fiscal year — — 268,228 — (6) The sensitivity analysis The following table illustrates the effects on defined benefit obligations of the change in weighted-average discount rates, assuming all other assumptions are consistent. Yen in millions March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans 0.5% decrease 153,466 237,478 144,307 119,443 0.5% increase (131,275 ) (234,242 ) (118,737 ) (113,734 ) (7) Impact on future cash flow Contributions to plan assets by TMC and some of its consolidated subsidiaries are determined by various factors such as employee salary levels and years of service, funded status of plan assets, and actuarial calculations. In addition, according to the rules of the defined benefit corporate pension law, the corporate pension fund system recalculates the amount of the balance every five years with the end date of the reporting period as the base date so that financial balance can be maintained in the future. TMC and some of its consolidated subsidiaries may make a necessary contribution if the reserve amount is below the minimum reserve amount. In the following year (the year ending March 31, 2025), Toyota expects to contribute ¥45,860 million for Japanese plans and ¥16,493 million for Foreign plans to the post-employment benefit plans. The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid: Yen in millions Years ending March 31, Japanese plans Foreign plans 2025 87,572 69,611 2026 89,462 75,552 2027 92,801 80,562 2028 97,610 86,599 2029 95,501 90,578 From 2030 to 2034 462,384 508,984 Total 925,330 911,886 (8) Benefit obligations for non-retirement Toyota’s U.S. subsidiaries provide certain health care and life insurance benefits to eligible retired employees. In addition, Toyota provides benefits to certain former or inactive employees after employment, but before retirement. These benefits are provided through various insurance companies, health care providers and others. The costs of these benefits are recognized over the period the employee provides credited service to Toyota. Toyota’s obligation under these arrangements are not material. (9) Payroll expenses Payroll expenses included in “Cost of products sold” and “Selling, general and administrative” in the consolidated statement of income (including expenses for post-employment benefit plans) for the years ended March 31, 2022, 2023 and 2024 are ¥3,550,882 million, ¥3,985,518 million and ¥4,385,112 million, respectively.

Liabilities for quality assuran

Liabilities for quality assurance	12 Months Ended
Liabilities for quality assurance	Mar. 31, 2024
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Liabilities for quality assurance	24. Liabilities for quality assurance Toyota provides product warranties for certain defects mainly resulting from manufacturing based on warranty contracts with its customers at the time of sale of products. Toyota accrues estimated warranty costs to be incurred in the future in accordance with the warranty contracts. In addition to product warranties, Toyota initiates recalls and other safety measures to repair or to replace parts which might be expected to fail from products safety perspectives or customer satisfaction standpoints. Toyota accrues for costs of recalls and other safety measures based on the amount estimated from historical experience. Liabilities for product warranties and liabilities for recalls and other safety measures have been combined into “Liabilities for quality assurance” in the consolidated statement of financial position due to the fact that both are liabilities for costs to repair or replace defects of vehicles and the amounts incurred for recalls and other safety measures may affect the amounts incurred for product warranties and vice versa. The net change in liabilities for quality assurance above for the years ended March 31, 2022, 2023 and 2024 consist of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Liabilities for quality assurance at beginning of year 1,482,872 1,555,711 1,686,357 Additional provisions 362,180 400,419 489,967 Utilization (278,094 ) (229,623 ) (340,872 ) Reversals (32,124 ) (59,758 ) (37,664 ) Other 20,877 19,608 38,526 Liabilities for quality assurance at end of year 1,555,711 1,686,357 1,836,314 “Other” primarily includes the impact of currency translation adjustments and the impact of consolidation and deconsolidation of certain entities due to changes in ownership interest. The table below shows the net changes in liabilities for recalls and other safety measures which are comprised in liabilities for quality assurance above for the years ended March 31, 2022, 2023 and 2024. Yen in millions For the years ended March 31, 2022 2023 2024 Liabilities for recalls and other safety measures at beginning of year 1,093,689 1,171,213 1,194,156 Additional provisions 245,542 231,874 288,278 Utilization (165,482 ) (178,124 ) (188,902 ) Reversals (9,389 ) (35,643 ) (31,248 ) Other 6,853 4,836 9,406 Liabilities for recalls and other safety measures at end of year 1,171,213 1,194,156 1,271,690

Equity and other equity items

Equity and other equity items	12 Months Ended
Equity and other equity items	Mar. 31, 2024
Text block 1 [Abstract]
Equity and other equity items	25. Equity and other equity items (1) Equity management Toyota will efficiently invest in maintenance and replacement of conventional manufacturing facilities and the introduction of new products, and will focus on capital investment and research and development in areas contributing to strengthening competitiveness and future growth. Through these activities, Toyota aims to improve corporate value and keep sustainable growth for realization of a new mobility society. Generally, Toyota Motor Corporation shareholder’s equity cover such activities, with additional short-term and long-term debt, if necessary. The amount of Toyota Motor Corporation shareholder’s equity and short-term and long-term debt are as follows: Yen in millions March 31, 2023 2024 Toyota Motor Corporation Shareholders’ equity 28,338,706 34,220,991 Short-term and long-term debt 29,380,273 36,561,780 (2) Number of shares As of March 31, 2022, 2023 and 2024, the total number of authorized shares of TMC’s common stock was 50,000,000,000. The changes in the shares of common stock issued are as follows: For the years ended March 31, 2022 2023 2024 Common stock issued: Balance at beginning of year 3,262,997,492 16,314,987,460 16,314,987,460 Changes during the year 13,051,989,968 — — Balance at end of year 16,314,987,460 16,314,987,460 16,314,987,460 The common stock issued by TMC is a no-parity On October 1, 2021, TMC effected a five-for-one The total number of treasury stock was 2,536,685,916, 2,749,807,731 and 2,840,815,433 as of March 31, 2022, 2023 and 2024, respectively. (3) Capital surplus and retained earnings Capital surplus consists of capital reserves and other capital surplus. Retained earnings consist of retained earnings reserve and other retained earnings. The Companies Act of Japan provides that an amount equal to 10% of distributions from surplus paid by TMC and its Japanese subsidiaries be appropriated as a capital reserve or a retained earnings reserve. No further appropriations are required when the total amount of the capital reserve and the retained earnings reserve reaches % of stated capital. The Companies Act provides that the retained earnings reserve of TMC and its Japanese subsidiaries is restricted and unable to be used for dividend payments, and is excluded from the calculation of the profit available for dividend. The amounts of statutory retained earnings of TMC available for dividend payments to shareholders were ¥ million and ¥ million as of March 31, 2023 and 2024, respectively. In accordance with customary practice in Japan, the distributions from surplus are not accrued in the financial statements for the corresponding period, but are recorded in the subsequent accounting period after shareholders’ approval has been obtained. Retained earnings at March 31, 2024 include ¥3,686,124 million relating to equity in undistributed earnings of associates and joint ventures. (4) Treasury stock The reissuance and repurchase of treasury stock are as follows: For the year ended March 31, 2022 Repurchase of treasury stock 1) Repurchasing of treasury stock resolved at the Board of Directors meeting held on May 12, 2021 and November 4, 2021 Reason for repurchasing treasury stock - The repurchase was made to promote capital efficiency by repurchasing flexibly its common stock while comprehensively considering factors such as its investment in growth, level of its dividends, its cash reserves and the price level of its common stock. Details of matters relating to repurchase - Number of common shares repurchased 96,196,900 shares Total purchase price for repurchase of shares ¥400,000 million 2) Repurchasing of treasury stock resolved at the Board of Directors meeting held on March 23, 2022 Reason for repurchasing treasury stock - The repurchase was made to promote capital efficiency by repurchasing flexibly its common stock than before while comprehensively considering factors such as the price level of its common stock. Details of matters relating to repurchase - Number of common shares repurchased 2,111,000 shares Total purchase price for repurchase of shares ¥4,607 million For the year ended March 31, 2023 Repurchase of treasury stock 1) Repurchasing of treasury stock resolved at the Board of Directors meeting held on March 23, 2022 Reason for repurchasing treasury stock - The repurchase was made to promote capital efficiency by repurchasing flexibly its common stock than before while comprehensively considering factors such as the price level of its common stock. Details of matters relating to repurchase - Number of common shares repurchased 44,114,900 shares Total purchase price for repurchase of shares ¥95,392 million 2) Repurchasing of treasury stock resolved at the Board of Directors meeting held on May 11, 2022 and November 1, 2022 Reason for repurchasing treasury stock - The repurchase was made to promote capital efficiency by repurchasing flexibly its common stock than before while comprehensively considering factors such as the price level of its common stock. Details of matters relating to repurchase - Number of common shares repurchased 169,429,000 shares Total purchase price for repurchase of shares ¥335,685 million For the year ended March 31, 2024 Repurchase of treasury stock 1) Repurchasing of treasury stock resolved at the Board of Directors meeting held on May 10, 2023 Reason for repurchasing treasury stock - The repurchase was made to promote capital efficiency by repurchasing flexibly its common stock than before while comprehensively considering factors such as the price level of its common stock. Details of matters relating to repurchase - Number of common shares repurchased 64,590,700 shares Total purchase price for repurchase of shares ¥150,000 million 2) Repurchasing of treasury stock resolved at the Board of Directors meeting held on November 1, 2023 Reason for repurchasing treasury stock - The repurchase was made to promote capital efficiency by repurchasing flexibly its common stock than before while comprehensively considering factors such as the price level of its common stock. Details of matters relating to repurchase - Number of common shares repurchased 26,880,600 shares Total purchase price for repurchase of shares ¥81,037 million (5) Other components of equity Other components of equity are as follows: Yen in millions Net changes in Remeasurements of Exchange Total Balance at April 01, 2021 1,295,351 — 12,375 1,307,726 Other comprehensive income, net of (103,131 ) 151,243 1,095,017 1,143,129 Reclassification to retained earnings (59,110 ) (149,602 ) — (208,712 ) Other comprehensive income for the period attributable to non-controlling 1,561 (1,640 ) (38,810 ) (38,889 ) Balance at March 31, 2022 1,134,671 — 1,068,583 2,203,254 Other comprehensive income, net of (105,435 ) 82,020 851,129 827,713 Reclassification to retained earnings (94,233 ) (72,598 ) — (166,831 ) Other comprehensive income for the period attributable to non-controlling (1,300 ) (9,422 ) (17,219 ) (27,941 ) Balance at March 31, 2023 933,702 — 1,902,493 2,836,195 Other comprehensive income, net of 716,048 56,434 1,344,621 2,117,103 Reclassification to retained earnings (341,709 ) (45,625 ) — (387,334 ) Other comprehensive income for the period attributable to non-controlling interests (7,186 ) (10,809 ) (44,213 ) (62,208 ) Balance at March 31, 2024 1,300,855 — 3,202,901 4,503,756 (6) Other comprehensive income The breakdown of other comprehensive income and the corresponding tax benefits (including non-controlling Yen in millions For the year ended Before tax Tax effect After tax Items that will not be reclassified to profit (loss) Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year (71,641 ) 22,399 (49,242 ) Net changes (71,641 ) 22,399 (49,242 ) Remeasurements of defined benefit plans Amount incurred during the year 188,239 (51,989 ) 136,250 Net changes 188,239 (51,989 ) 136,250 Shares of other comprehensive income of equity method investees Amount incurred during the year 113,641 — 113,641 Net changes 113,641 — 113,641 Items that may be reclassified subsequently to profit (loss) Exchange differences on translating foreign operations Amount incurred during the year 902,844 — 902,844 Reclassification to profit (loss) — — — Net changes 902,844 — 902,844 Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year (220,711 ) 66,536 (154,175 ) Reclassification to profit (loss) 1 (0 ) 1 Net changes (220,710 ) 66,536 (154,174 ) Shares of other comprehensive income of equity method investees Amount incurred during the year 193,811 — 193,811 Reclassification to profit (loss) — — — Net changes 193,811 — 193,811 Total other comprehensive income 1,106,184 36,945 1,143,129 Yen in millions For the year ended Before Tax After Items that will not be reclassified to profit (loss) Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year 144,160 (44,936 ) 99,223 Net changes 144,160 (44,936 ) 99,223 Remeasurements of defined benefit plans Amount incurred during the year 112,151 (46,998 ) 65,153 Net changes 112,151 (46,998 ) 65,153 Shares of other comprehensive income of equity method investees Amount incurred during the year (77,148 ) — (77,148 ) Net changes (77,148 ) — (77,148 ) Items that may be reclassified subsequently to profit (loss) Exchange differences on translating foreign operations Amount incurred during the year 676,042 — 676,042 Reclassification to profit (loss) — — — Net changes 676,042 — 676,042 Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year (165,477 ) 49,738 (115,738 ) Reclassification to profit (loss) — — — Net changes (165,477 ) 49,738 (115,738 ) Shares of other comprehensive income of equity method investees Amount incurred during the year 180,181 — 180,181 Reclassification to profit (loss) — — — Net changes 180,181 — 180,181 Total other comprehensive income 869,909 (42,196 ) 827,713 Yen in millions For the year ended Before Tax After Items that will not be reclassified to profit (loss) Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year 806,365 (248,826 ) 557,539 Net changes 806,365 (248,826 ) 557,539 Remeasurements of defined benefit plans Amount incurred during the year 57,616 (11,289 ) 46,328 Net changes 57,616 (11,289 ) 46,328 Shares of other comprehensive income of equity method investees Amount incurred during the year 156,118 — 156,118 Net changes 156,118 — 156,118 Items that may be reclassified subsequently to profit (loss) Exchange differences on translating foreign operations Amount incurred during the year 1,178,875 — 1,178,875 Reclassification to profit (loss) — — — Net changes 1,178,875 — 1,178,875 Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year 33,256 (10,459 ) 22,797 Reclassification to profit (loss) (15,267 ) 4,717 (10,550 ) Net changes 17,989 (5,742 ) 12,247 Shares of other comprehensive income of equity method investees Amount incurred during the year 182,576 — 182,576 Reclassification to profit (loss) (16,579 ) — (16,579 ) Net changes 165,996 — 165,996 Total other comprehensive income 2,382,959 (265,856 ) 2,117,103 (7) Dividends The paid dividend amounts are as follows: For the year ended March 31, 2022 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 12, 2021 Common shares 377,453 135.00 March 31, 2021 May 28, 2021 The Board of Directors Meeting on November 4, 2021 Common shares 332,419 120.00 September 30, 2021 November 25, 2021 On October 1, 2021, TMC effected a five-for-one For the year ended March 31, 2023 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 11, 2022 Common shares 385,792 28.00 March 31, 2022 May 27, 2022 The Board of Directors Meeting on November 1, 2022 Common shares 342,187 25.00 September 30, 2022 November 22, 2022 For the year ended March 31, 2024 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 10, 2023 Common shares 474,781 35.00 March 31, 2023 May 26, 2023 The Board of Directors Meeting on November 1, 2023 Common shares 405,416 30.00 September 30, 2023 November 22, 2023 Dividends of which record date falls within the year ended March 31, and effective date is after the year ended March 31 are as follows: For the year ended March 31, 2024 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 8, 2024 Common shares 606,338 45.00 March 31, 2024 May 24, 2024

Sales revenues

Sales revenues	12 Months Ended
Sales revenues	Mar. 31, 2024
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Sales revenues	26. Sales revenues (1) Summary by business segments and products The table below shows Toyota’s sales revenues from external customers by business and by product category. Yen in millions For the years ended March 31 2022 2023 2024 Sales of products Automotive Vehicles 23,739,442 28,394,256 35,249,865 Parts and components for production 1,504,215 1,710,422 1,596,111 Parts and components for after service 2,407,143 2,866,196 3,166,586 Other 881,193 805,995 1,068,169 Total automotive 28,531,993 33,776,870 41,080,731 All other 541,436 590,749 567,399 Total sales of products 29,073,428 34,367,619 41,648,130 Financial services 2,306,079 2,786,679 3,447,195 Total sales revenues 31,379,507 37,154,298 45,095,325 The majority of sales of products are revenues recognized from contracts with customers under IFRS 15 “Revenue from Contracts with Customers” (“IFRS 15”), and receivables related to such revenues are recognized as “Trade accounts and other receivables”. The breakdown of income from leases included in financial service revenues is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Finance leases Financial income related to net lease investment 134,512 164,820 208,257 Operating leases 1,093,545 1,169,018 1,207,719 Total 1,228,057 1,333,838 1,415,975 Financial service revenues other than income from leases mainly consist of interest income using the effective interest method. The amount of interest income using the effective interest method is not significant. For the years ended March 31, 2022, 2023 and 2024 ¥138,718 million, ¥166,220 million and ¥187,035 million of financial service revenues were accounted for under IFRS 15. (2) Contract liabilities Contract liabilities consist of the following: Yen in millions April 1, 2022 March 31, 2023 2024 Contract liabilities 989,959 1,068,212 1,392,390 Contract liabilities are primarily related to advances received from customers. Contract liabilities are included in “Other current liabilities” and “Other non-current (3) Performance obligations The aggregate amounts of transaction prices allocated to unsatisfied performance obligations related to contracts that have original expected durations in excess of one year were ¥834,624 million and ¥1,038,630 million as of March 31, 2023 and 2024, respectively. The main contents of unsatisfied performance obligations are insurance revenues and maintenance revenues. For insurance revenues, Toyota receives payment agreed upon in the contract at the inception of the contract, and revenue is recognized over the term of the contract, which ranges from three For maintenance revenues, Toyota receives payments agreed upon in the contract at the inception of the contract, and revenue is recognized over the term of the contract, which ranges from 18 to 84 months. Unsatisfied performance obligations for sales of products related to contracts that have an original expected duration of one year or less have been excluded from this disclosure.

Research and development cost

Research and development cost	12 Months Ended
Research and development cost	Mar. 31, 2024
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Research and development cost	27. Research and development cost Research and development costs consist of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Research and development expenditures incurred during the year 1,124,262 1,241,686 1,202,373 Amount capitalized (200,512 ) (181,634 ) (124,788 ) Amortization of capitalized development costs 167,926 164,512 160,686 Total 1,091,675 1,224,564 1,238,271

Other finance income and costs

Other finance income and costs	12 Months Ended
Other finance income and costs	Mar. 31, 2024
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Other finance income and costs	28. Other finance income and costs Other finance income and costs consist of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Other finance income Interest income Financial assets measured at amortized cost 16,920 101,737 289,035 Financial assets measured at fair value through other comprehensive income 84,592 132,365 165,653 Dividend income Financial assets measured at fair value through other comprehensive income 94,833 109,308 127,178 Other 138,416 35,939 165,370 Total 334,760 379,350 747,236 Other finance costs Interest expense Financial liabilities measured at amortized cost (32,458 ) (47,356 ) (64,733 ) Other (11,539 ) (77,757 ) (38,975 ) Total (43,997 ) (125,113 ) (103,709 ) The increase in “Other finance income—Other” was due mainly to an increase during fiscal 2024 in profit on sales of securities.

Earnings per share

Earnings per share	12 Months Ended
Earnings per share	Mar. 31, 2024
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Earnings per share	29. Earnings per share Reconciliation of the difference between basic and diluted earnings per share attributable to Toyota Motor Corporation are as follows: Yen in millions Thousands of shares Yen Net income attributable to Toyota Weighted-average common shares Earnings per share attributable to Toyota For the year ended March 31, 2022 Net income attributable to Toyota Motor Corporation 2,850,110 Basic earnings per share attributable to Toyota Motor Corporation 2,850,110 13,887,348 205.23 Effect of dilutive securities Model AA Class Shares 23 311 Diluted earnings per share attributable to Toyota Motor Corporation 2,850,132 13,887,659 205.23 For the year ended March 31, 2023 Net income attributable to Toyota Motor Corporation 2,451,318 Basic earnings per share attributable to Toyota Motor Corporation 2,451,318 13,658,382 179.47 Effect of dilutive securities Model AA Class Shares — — Diluted earnings per share attributable to Toyota Motor Corporation 2,451,318 13,658,382 179.47 For the year ended March 31, 2024 Net income attributable to Toyota Motor Corporation 4,944,933 Basic earnings per share attributable to Toyota Motor Corporation 4,944,933 13,512,848 365.94 Effect of dilutive securities Model AA Class Shares — — Diluted earnings per share attributable to Toyota Motor Corporation 4,944,933 13,512,848 365.94 In addition to the disclosure requirements under IFRS Accounting Standards, Toyota discloses the information below in order to provide financial statements users with valuable information. The following table shows Toyota Motor Corporation shareholders’ equity per share. Toyota Motor Corporation shareholders’ equity per share amounts are calculated by dividing Toyota Motor Corporation shareholders’ equity in the consolidated statement of financial position by common shares issued and outstanding at the end of the year (excluding treasury stock). Yen in millions Thousands of shares Yen Toyota Motor Corporation shareholders’ equity Common shares issued and outstanding at the end of the year (excluding treasury stock) Toyota Motor Corporation shareholders’ equity per share As of March 31, 2023 28,338,706 13,565,180 2,089.08 As of March 31, 2024 34,220,991 13,474,172 2,539.75 “Diluted earnings per share attributable to Toyota Motor Corporation” equals “Basic earnings per share attributable to Toyota Motor Corporation” for the years ended March 31, 2023 and 2024, because there were no potential dilutive shares during such periods.

Contractual commitments and con

Contractual commitments and contingent liabilities	12 Months Ended
Contractual commitments and contingent liabilities	Mar. 31, 2024
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Contractual commitments and contingent liabilities	30. Contractual commitments and contingent liabilities (1) Contractual commitments Contractual commitments relating to purchase of property, plant and equipment, other assets, and services are ¥522,336 million and (2) Guarantees Toyota enters into contracts with Toyota dealers to guarantee customers’ payments of their installment payables that arise from installment contracts between customers and Toyota dealers, as and when requested by Toyota dealers. Guarantee periods are set to match maturity of installment payments, and as of March 31, 2024, range from 1 month to 8 years; however, they are generally shorter than the useful lives of products sold. Toyota is required to execute its guarantee primarily when customers are unable to make required payment. The maximum potential amount of future payments are ¥3,600,631 million and ¥3,310,990 million as of March 31, 2023 and 2024. Liabilities for guarantees totaling ¥16,759 million and ¥11,851 million have been provided as of March 31, 2023 and 2024. Under these guarantee contracts, Toyota is entitled to recover any amount paid by Toyota from the customers whose original obligations Toyota has guaranteed. (3) Market treatment such as recalls, damages and lawsuits Toyota and other automakers have been named in certain class actions. The actions against Toyota in Brazil and Argentina are being litigated. Toyota is named as a defendant in an economic loss class action lawsuit in Australia in which damages are claimed on the basis that diesel particulate filters in certain vehicle models are defective. Toyota received an unfavorable judgment both in the court of first instance on April 7, 2022 and in the appeal court on March 27, 2023. The judgments included a finding that there was a perceived reduction in vehicle value of certain vehicle models. Toyota disagrees with the judgments and has filed an application for a further appeal. Other claims of economic loss in this class action lawsuit continue to be litigated at the court of first instance. In estimating the provision Toyota should record in the consolidated financial statements as a result of the aforementioned judgments, Toyota has considered various factors including the legal and factual circumstances of the case, the contents of the judgements, and the views of legal counsel. The currently estimated probable economic outflow related to the class action is immaterial to Toyota’s consolidated financial position, results of operations and cash flows. At this stage, however, the final outcome and therefore ultimate financial liability for Toyota on account of this matter cannot be predicted with certainty. In April 2020, Toyota reported possible anti-bribery violations related to a Thai subsidiary to the SEC and the Department of Justice (“DOJ”), and is cooperating with their investigations. Investigations by governmental authorities related to these matters could result in the imposition of civil or criminal penalties, fines or other sanctions, or litigation. Toyota cannot predict the scope, duration or outcome of these matters at this time. Toyota also has various other pending legal actions and claims, including without limitation personal injury and wrongful death lawsuits and claims in the United States, as well as intellectual property litigation, and is subject to government investigations from time to time. Beyond the amounts accrued with respect to all aforementioned matters, Toyota is unable to estimate a range of reasonably possible loss, if any, for the pending legal matters because (i) many of the proceedings are in evidence gathering stages, (ii) significant factual issues need to be resolved, (iii) the legal theory or nature of the claims is unclear, (iv) the outcome of future motions or appeals is unknown and/or (v) the outcomes of other matters of these types vary widely and do not appear sufficiently similar to offer meaningful guidance. Therefore, for all of the aforementioned matters, which Toyota is in discussions to resolve, any losses that are beyond the amounts accrued could have an adverse effect on Toyota’s financial position, results of operations or cash flows. TMC has a concentration of labor supply in employees working under collective bargaining agreements and a substantial portion of these employees are working under the agreement that will expire on August 31, 2024.

Details of company organization

Details of company organization	12 Months Ended
Details of company organization	Mar. 31, 2024
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Details of company organization	31. Details of company organization (1) Major subsidiaries Toyota primarily conducts business in the automotive industry. Toyota also conducts business in finance and other industries. Toyota’s major subsidiaries are as follows: Automobiles are mainly manufactured by TMC, Hino Motors Ltd. and Daihatsu Motor Co., Ltd., but some of them are outsourced in Japan. Toyota Motor Manufacturing Kentucky, Inc. and others manufacture overseas. Auto parts are manufactured by TMC and others. These products are sold through dealers such as TOYOTA Mobility Tokyo Inc. in Japan, and through dealers such as Toyota Motor Sales, U.S.A., Inc. overseas. In the financing business, Toyota Finance Corporation and others provide sales finance services in Japan and Toyota Motor Credit Corporation and others overseas. Other business consists of information technology-related businesses and other businesses. (2) Structured entities (i) Consolidated structured entities Toyota periodically securitizes receivables related to financial services and vehicles on leases for liquidity and funding purposes and transfers them to special purpose entities. Toyota is deemed to have the power to direct the activities of these entities that most significantly impact the entities’ economic performances. Therefore, Toyota has consolidated them. The creditors of these entities do not have recourse to Toyota’s general credit with the exception of debts guaranteed by Toyota. Risks to which Toyota is exposed including credit, interest rate, and/or prepayment risks are not incremental compared with the situation before Toyota enters into securitization transactions. Toyota has equity in investment trusts and other special purpose entities. With respect to some of the investment trusts, Toyota has both the obligation to absorb losses of or the right to receive benefits from the investment trusts that could potentially be significant to the investment trusts and the power to direct the activities of the investment trusts that most significantly impact the investment trusts’ economic performance through the asset manager. Therefore, Toyota has consolidated them. Related to securitization transactions, ¥5,037,203 million and ¥6,257,786 million receivables related to financial services, ¥5,245,195 million and ¥6,371,509 million secured debt were included in Toyota’s consolidated financial statements as of March 31, 2023 and 2024, respectively. (ii) Unconsolidated structured entities Other investment trusts and other special purpose entities are instructed based on contractual arrangements, and are designed so that voting or similar rights are not the dominant factor in deciding who controls the entities. The trusts and the special purpose entities are defined as structured entities but are determined that Toyota lacks the power to direct the activities of these investments that most significantly impact the trust’s economic performance and, therefore does not consolidate the investment trusts and the special purpose entities. Investments in the investment trusts and the special purpose entities are held at fair value and are included in “Other financial assets” in the consolidated statement of financial position. The maximum exposure to loss is limited to the carrying value of its investment. The carrying value of the trusts totaled ¥17,217 million and ¥92,875 million as of March 31, 2023 and 2024, respectively. The carrying value of the special purpose entities totaled ¥784,826 million and ¥1,911,621 million as of March 31, 2023 and 2024, respectively. Toyota does not provide support that is not contractually required to the investments.

Related party transactions

Related party transactions	12 Months Ended
Related party transactions	Mar. 31, 2024
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Related party transactions	32. Related party transactions (1) Transactions with associates and joint ventures The balances and turnover of receivables and payables with associates and joint ventures accounted for under the equity method are as follows: Yen in millions March 31, 2023 2024 Trade accounts and other receivables Associates 447,400 464,728 Joint ventures 85,275 145,077 Total 532,674 609,805 Trade accounts and other payables Associates 1,459,209 1,423,147 Joint ventures 695 9,668 Total 1,459,904 1,432,815 Yen in millions For the years ended March 31, 2022 2023 2024 Sales revenues Associates 1,948,681 2,821,963 3,137,067 Joint ventures 413,703 722,278 662,202 Total 2,362,384 3,544,240 3,799,268 Cost of products sold (purchases) Associates 7,946,788 9,891,804 12,426,770 Joint ventures 308 59,703 75,042 Total 7,947,095 9,951,507 12,501,811 Dividends from associates and joint ventures accounted for under the equity method are ¥349,632 million and ¥460,008 million for the years ended March 31, 2023 and 2024, respectively. In addition, Toyota does not engage in transactions with associates and joint ventures outside of the normal course of business. (2) Transactions with other related parties For the year ended March 31, 2024, TMC acquired shares of TMC’s consolidated subsidiary, Woven by Toyota, Inc., from Akio Toyoda, Chairman of the Board of Directors of TMC, for a total acquisition price of ¥ million. (3) Compensation of key management The compensation for the directors and audit & supervisory board members of TMC is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Base compensation 1,083 1,226 1,107 Bonus 196 397 1,054 Share compensation 772 808 1,862 Total 2,051 2,430 4,024

Supplemental cash flow informat

Supplemental cash flow information	12 Months Ended
Supplemental cash flow information	Mar. 31, 2024
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Supplemental cash flow information	33. Supplemental cash flow information “Other, net” in cash flows from investing activities includes a net decrease in time deposits of ¥307,970 million and a net increase in time deposits of ¥1,395,707 million for the year ended March 31, 2023 and 2024, respectively.

Significant subsequent events

Significant subsequent events	12 Months Ended
Significant subsequent events	Mar. 31, 2024
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Significant subsequent events	34. Significant subsequent events Repurchase of shares - At the Meeting of the Board of Directors held on May 8, 2024, TMC resolved to repurchase its common shares pursuant to Article 156 of the Companies Act of Japan (the “Companies Act”) as applied to Article 165, Paragraph 3 of the Companies Act, as set forth below. Reason for repurchasing shares TMC will flexibly repurchase its common stock while considering factors such as the price level of its common stock. In addition, TMC will use such means to respond to requests for the sale of its own shares as needed in the future. Details of matters relating to repurchase Class of stock to be repurchased Common stock of TMC Number of shares to be repurchased 410,000,000 shares (maximum) Total purchase price for repurchase of shares ¥1,000,000 million (maximum) Period of repurchase From May 9, 2024 to April 30, 2025 Retirement of treasury stock - At the Meeting of the Board of Directors held on May 8, 2024, TMC resolved to retire its treasury stock pursuant to Article 178 of the Companies Act. TMC has completed the retirement of treasury stock on May 9, 2024. Reason for retiring treasury stock To relieve concerns regarding the dilution of TMC’s share value due to disposition of treasury stock in the future. Details of matters relating to retirement Class of stock retired Common stock of TMC Number of shares retired 520,000,000 shares Date of retirement May 9, 2024

Material accounting policies (P

Material accounting policies (Policies)	12 Months Ended
Material accounting policies (Policies)	Mar. 31, 2024
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Basis of consolidation	Basis of consolidation - (1) Subsidiaries The consolidated financial statements include the accounts of TMC, its subsidiaries that are controlled by TMC, and those structured entities that are controlled by Toyota. Toyota controls an entity when Toyota is exposed or has rights to variable returns from involvement with the entity, and has the ability to affect those returns by using its power over the entity. The financial statements of subsidiaries have been adjusted in order to ensure consistency with the accounting policies adopted by Toyota as necessary. All significant intercompany balances and transactions as well as the unrealized profit have been eliminated in consolidation. Changes in a subsidiary’s ownership interests that do not result in a loss of control are accounted for as equity transactions. When control over a subsidiary is lost, any gain or loss on the disposal of the interest sold is recognized in profit or loss. (2) Associates and joint ventures Associates are entities over which Toyota has a significant influence over the decisions on financial and operating policies, but does not have control or joint control. Joint ventures are entities over which two or more parties including Toyota have joint control, based on a contractual arrangement, and financial and business decisions about the relevant activities of which require unanimous consent of the parties that have joint control. Investments in associates and joint ventures are accounted for using the equity method. The financial statements of associates and joint ventures have been adjusted in order to ensure consistency with the accounting policies adopted by Toyota as necessary. When the use of the equity method is discontinued from the date when the investees are determined to be no longer associates or joint ventures, any gain or loss on such disposal of the investment is recognized in profit or loss.
Foreign currency translation	Foreign currency translation - (1) Foreign currency transactions Foreign currency transactions are translated into the respective functional currencies of Toyota at the exchange rates prevailing when such transactions occur. All foreign currency receivables and payables are translated into the respective functional currencies at the applicable exchange rates at the end of the reporting period. Non-monetary (2) Foreign operations All assets and liabilities of foreign subsidiaries, associates and joint ventures (collectively, “foreign operations”) that use a functional currency other than Japanese yen are translated into Japanese yen at the exchange rates at the end of the reporting period. All revenues and expenses of foreign operations are translated into Japanese yen at the average exchange rate for the period unless the exchange rate fluctuates widely. Exchange differences arising from such translations are recognized in other comprehensive income and accumulated in other components of equity in the consolidated statement of financial position. When a foreign operation is disposed of, and control, significant influence or joint control over the foreign operation is lost, the cumulative amount of exchange differences relating to the foreign operation is reclassified from equity to profit or loss.
Cash and cash equivalents	Cash and cash equivalents - Cash and cash equivalents consist of cash on hand, demand deposits, and short-term investments that are readily convertible to cash and are subject to insignificant risk of changes in value with three months or less maturities from the acquisition date.
Financial instruments	Financial instruments - (1) Financial assets (i) Initial recognition and measurement Toyota initially recognizes financial assets when it becomes a party to a contract and except for derivatives, classifies financial assets into “financial assets measured at amortized cost”, “debt and equity financial assets measured at fair value through other comprehensive income” or “financial assets measured at fair value through profit or loss”. The sale or purchase of financial assets that occurred in the normal course of business are recognized and derecognized at the trade date. Financial assets classified as being measured at fair value through profit or loss are measured at fair value, but other financial assets are initially recognized and measured at fair value adding transaction costs directly attributable to acquisition. Trade receivables that do not contain significant financial elements are measured at the transaction price. (a) Financial assets measured at amortized cost Toyota classifies a financial asset as measured at amortized cost if both of the following conditions are met: The asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows; and The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. (b) Debt financial assets measured at fair value through other comprehensive income Debt financial assets are measured at fair value through other comprehensive income only if it meets both of the following conditions: The asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. (c) Equity financial assets measured at fair value through other comprehensive income For equity financial assets such as shares held mainly for the purpose of maintaining or enhancing business relationships with investees, they are irrevocably designated at initial recognition as financial assets measured at fair value through other comprehensive income. (d) Financial assets measured at fair value through profit or loss Financial assets other than (a) to (c) are classified as financial assets measured at fair value through profit or loss. (ii) Subsequent measurement After initial recognition, financial assets are measured based on the following classification. (a) Financial assets measured at amortized cost Financial assets measured at amortized cost are measured at amortized cost using the effective interest method. (b) Debt financial assets measured at fair value through other comprehensive income Subsequent changes in fair value of the financial assets are recognized as other comprehensive income. Impairment gains or losses, interest income and foreign exchange gains and losses are recognized in profit or loss. When the financial assets are derecognized, the cumulative gain or loss recognized in other comprehensive income is reclassified from other components of equity to profit or loss. (c) Equity financial assets measured at fair value through other comprehensive income Subsequent changes in fair value of the financial assets are recognized as other comprehensive income. When the financial assets are derecognized, the cumulative gain or loss recognized through other comprehensive income is reclassified from other components of equity to retained earnings. Dividends from equity financial assets are recognized in profit or loss. (d) Financial assets measured at fair value through profit or loss Subsequent changes in the fair value of the financial assets are recognized in profit or loss. (iii) Impairment of financial assets An allowance for credit losses is provided for expected credit losses on financial assets that are measured at amortized cost as well as debt financial assets measured at fair value through other comprehensive income. An allowance for credit losses is also provided for expected credit losses on loan commitments or financial guarantee agreements that are off-balance At the end of the reporting period, Toyota assesses whether the credit risk on financial assets have significantly increased since initial recognition. At the end of the reporting period, if Toyota identifies a significant increase in credit risk, allowances for credit losses are measured as being equal to the amount of expected credit losses that would result from default events that are possible over the expected life of a financial asset. At the end of the reporting period, if the credit risk for a financial instrument has not increased significantly since its initial recognition, allowances for credit losses are measured as being equal to the amount of the expected credit losses caused by default events that may occur within 12 months from the end of the reporting period. For accounts receivable that are included in “Trade accounts and other receivables” and finance lease receivables, the allowance is continuously measured at amounts equal to expected credit losses over the expected life of financial assets. The amount of expected credit losses is measured as the present value of all cash short falls resulting from the difference between the cash flows due to Toyota in accordance with the contract and cash flows that Toyota expects to receive, and such amount is recognized in profit or loss. A reversal of the allowance for credit losses resulting from a reduction in the amount of expected credit losses is recognized in profit or loss. If there is objective evidence of impairment such as significant financial difficulty of a borrower, or a default or delinquency by a borrower, interest income is measured applying the effective interest method to the net carrying amount of the financial asset (after deducting the allowance for credit loss). Financial assets are written off either partially or fully when there is no reasonable expectation of recovering a financial asset in its entirely or a portion thereof. (iv) Derecognition of financial assets Toyota derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or when Toyota transfers the contractual right to receive cash flows from financial assets in transactions in which substantially all the risks and rewards of ownership of the asset are transferred to another entity. When Toyota continues to retain control over a transferred financial asset in a situation in which it has neither transferred nor retained substantially all of its risk and economic value, Toyota recognizes the retained interest on such financial asset and the relevant liabilities that might possibly be paid in association therewith. (2) Financial liabilities (i) Initial recognition and measurement Toyota initially measures financial liabilities other than derivatives at fair value less transaction costs directly attributable to the issuance of financial liabilities. (ii) Subsequent measurement Toyota subsequently measures financial liabilities at amortized cost using the effective interest method. Amortization under the effective interest method and gain or losses on derecognition are recognized as finance income or costs and recognized in profit or loss. (iii) Derecognition of financial liabilities Toyota derecognizes financial liabilities when the financial liabilities expire, that is, when the liability identified in the contract expires due to performance, discharges, cancels, or expires. (3) Derivative financial instruments Toyota employs derivative financial instruments, including forward foreign exchange contracts, foreign currency options, interest rate swaps, interest rate currency swap agreements and interest rate options, to manage its exposure to fluctuations in interest rates and foreign currency exchange rates. All derivative transactions are measured at fair value as assets or liabilities. Toyota does not use derivative financial instruments for speculative or trading purposes.
Finance receivables	Finance receivables - Finance receivables recorded on Toyota’s consolidated statement of financial position are net of any unearned financial income and deferred origination costs and the allowance for credit losses. Deferred origination costs are amortized so as to approximate a level rate of return over the term of the related contracts. The determination of finance receivable portfolios is based primarily on the qualitative consideration of the nature of Toyota’s business operations and finance receivables. The three portfolios within finance receivables are as follows: (1) Retail receivables portfolio The retail receivables portfolio consists of retail installment sales contracts acquired mainly from dealers (“auto loans”) including credit card loans. These contracts acquired must first meet specified credit standards. Thereafter, Toyota retains responsibility for contract collection and administration. The contract periods of auto loans primarily range from 2 to 7 years. Toyota acquires security interests in the vehicles financed and has the right to repossess vehicles if customers fail to meet their contractual obligations. Almost all auto loans are non-recourse, Toyota manages the retail receivables portfolio as one portfolio based on common risk characteristics associated with the underlying finance receivables, the similarity of the credit risks, and the quantitative materiality. (2) Finance lease receivables portfolio Finance lease receivables are related to new vehicle lease contracts. The contract periods of these primarily range from 2 to 5 years. Lease contracts acquired must first meet specified credit standards after which Toyota assumes ownership of the leased vehicle. Toyota is responsible for contract collection and administration during the lease period. Toyota is generally permitted to take possession of the vehicle upon a default by the lessee. The residual value is estimated at the time the vehicle is first leased. Vehicles returned to Toyota at the end of their leases are sold by auction. Toyota manages the finance lease receivables portfolio as one portfolio based on common risk characteristics associated with the underlying finance receivables and the similarity of the credit risks. (3) Wholesale and other dealer loan receivables portfolio Toyota provides wholesale financing to qualified dealers to finance inventories. Toyota acquires security interests in vehicles financed at wholesale. In cases where additional security interests would be required, Toyota takes dealership assets or personal assets, or both, as additional security. If a dealer defaults, Toyota has the right to liquidate any assets acquired. Toyota also makes term loans to dealers for business acquisitions, facilities refurbishment, real estate purchases and working capital requirements. These loans are typically secured with liens on real estate, other dealership assets and/or personal assets of the dealers. Toyota manages the wholesale and other dealer loan receivables portfolio as one portfolio based on the risk characteristics associated with the underlying finance receivables.
Allowance for credit losses on finance receivables	Allowance for credit losses on finance receivables - The allowance for credit losses on finance receivables is measured at the portfolio level, based on a systematic, ongoing review and evaluation performed as part of the credit risk evaluation process, historical loss experience, the size and composition of the portfolios, current economic events and conditions, the estimated fair value and adequacy of collateral, forward-looking information including movements of the world economy and other pertinent factors. Furthermore, portfolios are grouped based on similarities of risk characteristics, such as product and collateral classes, when calculating expected credit losses in the aggregate. (1) Retail receivables portfolio With respect to retail receivables, Toyota reviews whether the credit risk on finance receivables has increased significantly. To evaluate the risk, Toyota uses the changes for the possibility of a credit loss occurring or days in arrears as an index. Toyota assesses the significant increases in credit risk when contractual payments are more than 30 days past due. When the credit risk on finance receivables has not increased significantly since initial recognition, Toyota measures the loss allowance for that finance receivables at an amount equal to 12-month Meanwhile, Toyota measures the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses if the credit risk on that finance receivables has increased significantly since initial recognition at the reporting date. Toyota calculates the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses by considering historical credit loss experience and future collectability, when there is evidence that finance receivables is credit-impaired such as a breach of contract due to default or delayed contractual payments. In calculating expected credit losses, Toyota uses the probability of a default and the loss rate in the event of a default based on past experience and then reflects its forecasts of current and future economic conditions. Suspension of payment over a certain period of time and or situations which contractual obligations are not being met are considered as being in default in accordance with internal management rules. (2) Finance lease receivables portfolio With respect to the finance lease receivables portfolio, Toyota always measures loss allowance at an amount equal to lifetime expected credit losses. Suspension of payment over a certain period of time and/or situations which contractual obligations are not being met are considered as being in default in accordance with internal management rules. (3) Wholesale and other dealer loan receivables portfolio With respect to the wholesale and other dealer loan receivables portfolio, receivables are sorted primarily by credit qualities based on internal risk assessments. Toyota reviews the change of the segment as an index whether the credit risk on finance receivables has increased significantly since initial recognition to assess these receivables for credit risk. Toyota assesses the significant increases in credit risk when contractual payments are more than 30 days past due. If the credit risk on finance receivables has not increased significantly since initial recognition, Toyota measures the loss allowance for that finance receivables at an amount equal to 12-month Meanwhile, Toyota measures the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses if the credit risk on that finance receivables has increased significantly since initial recognition at the reporting date. Toyota calculates the loss allowance for finance receivables at an amount equal to the lifetime expected credit losses by considering historical credit loss experience and future collectability, when there is evidence that finance receivables are credit-impaired such as a debtor’s worsened financial conditions, breach of contract due to default or delayed contractual payments. In calculating expected credit losses, Toyota uses the probability of a default and the loss rate in the event of a default based on past experience and then reflects its forecasts of current and future economic conditions. Suspension of payment over a certain period of time and/or situations where contractual obligations are not being met are considered as defaults in accordance with internal management rules. Although Toyota considers the allowance for credit losses on finance receivables to be adequate based on information currently available, additional provisions may be necessary due to (i) changes in management estimates and assumptions about asset impairments, (ii) information that indicates changes in expected future cash flows, or (iii) changes in economic and other events and conditions. Future changes in the economy that impact the consumer confidence such as increasing interest rates and a rise in the unemployment rate as well as higher debt balances, coupled with deterioration in actual and expected used vehicle values, could negatively affect future operating results of the financial services operations.
Inventories	Inventories - Inventories are valued at cost, not in excess of net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less the estimated original cost and estimated selling expense to product completion. The cost of inventories includes purchase costs, conversion costs and other costs incurred in bringing the inventories to their present location and condition. The cost is determined principally by using the weighted-average method.
Property, plant and equipment	Property, plant and equipment - Property, plant and equipment is measured based on the cost model and carried at its cost less accumulated depreciation and impairment losses. Expenditures relating to major renewals and improvements are capitalized; minor replacements, maintenance and repairs are charged to current operations as incurred. Depreciation of property, plant and equipment, except for land that is not subject to depreciation, is calculated on the straight-line method over the estimated useful life of the respective assets according to general class, type of structure and use. The estimated useful lives range from 2 to 65 years for buildings and from 2 to 20 years for machinery and equipment. The depreciation method, useful lives and residual values of property, plant and equipment are reviewed annually at each fiscal year end, and adopted prospectively, if applicable. Vehicles and equipment on operating leases to third parties are originated by dealers and acquired by certain consolidated subsidiaries. Such subsidiaries are also the lessors of certain property that they acquire directly. Vehicles and equipment on operating leases are depreciated on a straight-line method over the lease term, generally from 2 to 5 years, to the estimated residual value. Incremental direct costs incurred in connection with the acquisition of lease contracts are capitalized and amortized on a straight-line method over the lease term. Toyota is exposed to risk of loss on the disposition of off-lease By evaluating estimated residual value, Toyota reflects in depreciation the amount it considers to be appropriate in relation to the estimated losses on its owned portfolio.
Intangible assets	Intangible assets - Intangible assets are measured based on the cost model and carried at their cost less accumulated amortization and impairment losses. The estimated useful lives and the amortization method of intangible assets are reviewed annually at each fiscal year end, and adopted prospectively, if appropriate. (1) Capitalized development cost Development expenditure for a product is capitalized only when there is a technical and commercial feasibility of completing the development, Toyota has the intention, ability and sufficient resources to use the outcome of the development, it is probable that the outcome will generate a future economic benefit, and the cost can be measured reliably. Capitalized development cost is amortized using the straight-line method over the expected product life cycle of the developed product ranging mainly from 5 to 10 years. (2) Other intangible assets Other intangible assets mainly consist of software for internal use and amortized using the straight-line method over their estimated useful lives, mainly 5 years. Goodwill is not material to Toyota’s consolidated statement of financial position.
Impairment of non-financial assets	Impairment of non-financial At the end of the reporting period, the carrying amount of non-financial
Leases	Leases - At the inception of a contract, Toyota assesses whether the contract is, or contains, a lease. (1) Lessee Toyota recognizes a right of use asset and a lease liability at the lease commencement date. The cost of the right of use asset is measured at the amount of the initial measurement of the lease liability by adjusting any lease payments made or before the commencement date. Lease liability is initially measured at the present value of the lease payments that are not paid as of the commencement date. After the commencement date, Toyota applies a cost model and subsequently depreciates the right of use asset using a straight-line method from the commencement date to the earlier of the end of the useful life of the right of use asset or the end of the lease term. Lease liability is measured at amortized cost using the effective interest method. In the consolidated statement of financial position, lease liability is included in short-term and long-term debt. Interest on the lease liability in each period during the lease term is the amount that produces a constant periodic rate of interest on the remaining balance of the lease liability and recognized in profit or loss over the lease term. Many lease contracts relating to land and buildings entered into by Toyota include extension options that can be exercisable by Toyota as lessee for various purposes, such as to ensure business flexibility. Toyota assesses whether it is reasonably certain to exercise an extension option, and if it assesses it to be reasonably certain, the extension option is included in the lease term. Toyota recognizes the lease payments associated with lease terms of 12 months or less as an expense on a straight-line basis over the lease term. (2) Lessor With respect to lessor lease transactions, Toyota determines at the commencement of the lease whether each lease is a finance lease or operating lease. A lease is classified as a finance lease if it transfers substantially all of the risks and rewards incidental to the ownership of an underlying asset. Otherwise leases are classified as operating leases. Toyota recognizes the operating lease payments in profit or loss on a straight-line basis over the lease term.
Employee benefit obligations	Employee benefit obligations - Toyota has both defined benefit and defined contribution plans for employees’ retirement benefits. (1) Defined benefit plan The present value of defined benefit obligations and service cost are principally determined for each plan using the projected unit credit method. The net defined benefit liability (asset) is the present value of the defined benefit obligations less the fair value of plan assets. If the fair value of plan assets is in excess of the present value of defined benefit obligations, the amount of any asset to be recognized is limited to the present value of any economic benefits available in the form of refunds from the plan and reductions in the future contributions to the plan. Current service cost and net interest on the net defined benefit liability (asset) are recognized as net income (loss) on the statement of net income. Past service cost is recognized in profit or loss upon occurrence. Toyota recognizes the difference arising from remeasurement of the net defined benefit liability (asset) including actuarial gains and losses in other comprehensive income when it is incurred and reclassifies it immediately to retained earnings. (2) Defined contribution plan For defined contribution plans, when the employees render services, the contribution payables are recognized in profit or loss.
Liabilities for quality assurance	Liabilities for quality assurance - Toyota generally warrants its products against certain manufacturing and other defects. Provisions for product warranties are provided for specific periods of time and/or usage of the product and vary depending upon the nature of the product, the geographic location of the sale and other factors. The accrued warranty costs represent management’s best estimate at the time of sale of the total costs that Toyota will incur to repair or replace product parts that fail while still under warranty. The amount of accrued estimated warranty costs is primarily based on historical experience of product failures as well as current information on repair costs. An estimate of warranty claim accrued for each fiscal year is calculated based on the estimate of warranty claim per unit. The estimate of warranty claim per unit is calculated comprehensively by dividing the actual amounts of warranty claim by the number of sales units for the fiscal year. Toyota accrues for costs of recalls and other safety measures, as well as product warranty cost described above. Toyota generally measures such “liabilities for recalls and other safety measures” at the time of vehicle sales comprehensively by aggregate sales of various models in a certain period by geographical regions. However, when circumstances warrant, Toyota measures “liabilities for a particular recall or other safety measures” using an individual model when they are probable and reasonably estimable. The portion of “liabilities for recalls and other safety measures” recorded in the consolidated statement of financial position is calculated comprehensively based on the “expected liability for the cost of recalls and other safety measures” in consideration of the “accumulated amount of repair cost paid”. As such, this liability is evaluated every period based on new data and are adjusted as appropriate. Toyota calculates these liabilities for units sold in the current period and each of the past 10 fiscal years, and aggregates such liabilities in determining the final liability amount. The “expected liability for the cost of recalls and other safety measures” are calculated by multiplying the “sales unit” by the “expected average repair cost per unit”. The “expected average repair cost per unit” is calculated based on dividing the “accumulated amount of repair cost paid per unit” by the “pattern of payment occurrences”. The “pattern of payment occurrence” represents a ratio that shows the measure of payment occurrence over 10 years based on actual payments with regard to units sold within 10 years. Factors that may cause a difference between the amount accrued comprehensively at the time of vehicle sale and actual payment on individual recalls and other safety measures mainly include actual cost of recalls and safety measures during the period being significantly different from the accumulated amount of repair cost paid per unit (generally comprised of parts and labor) and the actual pattern of payment occurrence during the period being significantly different from the pattern of the payment occurrence in the past. Such differences are considered as part of our estimation process for future recalls and other safety measures. Liabilities for product warranties and liabilities for recalls and other safety measures have been combined into “Liabilities for quality assurance” in the consolidated statement of financial position. Product warranty costs and costs of recalls and other safety measures are included in cost of products sold in the consolidated statement of income. The foregoing evaluations are inherently uncertain, as they require material estimates as described above. Consequently, actual warranty costs may differ from the estimated amounts and could require additional warranty provisions. If these factors require a significant increase in Toyota’s accrued estimated warranty costs, it would negatively affect future operating results of the automotive operations.
Revenue recognition	Revenue recognition - In the automotive operations, performance obligations are considered to be satisfied when completed vehicles and parts are delivered to the agreed locations with dealers. For parts for production, it is when they are loaded on a ship or delivered to manufacturing companies. We do not have any material significant payment terms as payment is received at or shortly after the point of sale. Toyota’s sales incentive programs principally consist of cash payments to dealers calculated based on total vehicle volume or vehicle unit sales of certain models sold by a dealer during a certain period of time. Toyota accrues these incentives as revenue reductions upon the sale of a vehicle corresponding to the program by the amount determined in the related incentive program utilizing the most likely outcome method. The sale of certain vehicles includes a contractual right, which entitles customers to free vehicle maintenance. We use an observable price to determine the stand-alone selling price for separate performance obligations or a cost plus margin approach when one is not available. Such revenues from free maintenance contracts are deferred and recognized as revenue over the period of the contract in proportion to the costs expected to be incurred in satisfying the obligations under the contract. Revenues from the sales of vehicles under which Toyota conditionally guarantees the minimum resale value are recognized on a pro rata basis from the date of sale to the first exercise date of the guarantee in accordance with lease accounting. The underlying vehicles of these transactions are recorded as assets and are depreciated in accordance with Toyota’s depreciation policy. Interest income from financial services is recognized using the effective interest method. Revenues from operating leases are recognized on a straight-line basis over the lease term. If the period between satisfaction of the performance obligation and receipt of consideration is expected to be within one year or less, as a practical expedient, we do not adjust the promised amount of consideration for the effects of a significant financing component. Revenue is recognized net of any taxes collected from customers and subsequently remitted to governmental authorities.
Income taxes	Income taxes - Income tax expenses are presented as the aggregate amount of current taxes and deferred taxes. Deferred tax assets and deferred tax liabilities are recognized for future tax consequences attributable to temporary differences between the carrying amount of assets or liabilities in the consolidated statement of financial position and the tax base of the assets or liabilities and carryforwards of unused tax losses and tax credits. Deferred tax assets are recognized for all future deductible amounts, to the extent that it is probable that we will have sufficient profit to utilize the benefit of future deductible amounts. Deferred tax liabilities for taxable temporary differences arising from investments in subsidiaries, associates, and interest in joint ventures are recognized in principle. However, they are not recognized when Toyota is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. Deferred tax assets and deferred tax liabilities are measured at the tax rates that are expected to apply in the period when the assets are realized or the liabilities are settled, based on the tax rates and tax laws enacted or substantively enacted at the end of the reporting period. The measurement of deferred tax assets and deferred tax liabilities reflects the tax consequences that would follow from the manner in which Toyota expects, at the end of reporting period, to recover or settle the carrying amount of its assets and liabilities.
Earnings per share attributable to Toyota Motor Corporation	Earnings per share attributable to Toyota Motor Corpora tion Basic earnings per share attributable to Toyota Motor Corporation is calculated by dividing net income attributable to Toyota Motor Corporation by the weighted-average number of common shares outstanding with adjustment for treasury stock during the reporting period. Diluted earnings per share attributable to Toyota Motor Corporation is calculated by dividing net income attributable to Toyota Motor Corporation by the weighted-average number of common shares outstanding taking into consideration the effect of dilutive securities.
New accounting standards and interpretations not yet adopted	New accounting standards and interpretations not yet adopted - Toyota is currently evaluating the impact of the adoption of these standards and interpretations on Toyota’s consolidated financial statements. Standards Standards names Mandatory adoption Reporting periods in Overview of new or amended standards IFRS 18 Presentation and disclosure in financial statements January 1, 2027 Fiscal year ending March 31, 2028 Improved comparability in the statement of profit or loss (income statement) Enhanced transparency of management-defined performance measures More useful grouping of information in the financial statements

Material accounting policies (T

Material accounting policies (Tables)	12 Months Ended
Material accounting policies (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of new accounting standards and interpretations not yet adopted	Toyota is currently evaluating the impact of the adoption of these standards and interpretations on Toyota’s consolidated financial statements. Standards Standards names Mandatory adoption Reporting periods in Overview of new or amended standards IFRS 18 Presentation and disclosure in financial statements January 1, 2027 Fiscal year ending March 31, 2028 Improved comparability in the statement of profit or loss (income statement) Enhanced transparency of management-defined performance measures More useful grouping of information in the financial statements

Segment information (Tables)

Segment information (Tables)	12 Months Ended
Segment information (Tables)	Mar. 31, 2024
Disclosure of operating segments [abstract]
Disclosure of Operating Segments	As of and for the year ended March 31, 2022 Yen in millions Automotive Financial services All other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 28,531,993 2,306,079 541,436 — 31,379,507 Inter-segment revenues and transfers 73,745 17,947 588,441 (680,133 ) — Total 28,605,738 2,324,026 1,129,876 (680,133 ) 31,379,507 Operating expenses 26,321,448 1,667,025 1,087,575 (692,237 ) 28,383,811 Operating income 2,284,290 657,001 42,302 12,104 2,995,697 Total assets 24,341,737 31,681,472 3,091,011 8,574,551 67,688,771 Investments accounted for using the equity method 4,354,085 79,414 258,750 145,646 4,837,895 Depreciation and amortization 1,026,834 761,801 33,245 — 1,821,880 Capital expenditures 1,422,429 2,156,339 51,200 (18,381 ) 3,611,587 As of and for the year ended March 31, 2023 Yen in millions Automotive Financial services All other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 33,776,870 2,786,679 590,749 — 37,154,298 Inter-segment revenues and transfers 43,131 22,968 634,194 (700,293 ) — Total 33,820,000 2,809,647 1,224,943 (700,293 ) 37,154,298 Operating expenses 31,639,363 2,372,131 1,121,492 (703,713 ) 34,429,273 Operating income 2,180,637 437,516 103,451 3,420 2,725,025 Total assets 26,321,858 35,525,441 2,946,994 9,508,887 74,303,180 Investments accounted for using the equity method 4,717,231 92,903 272,752 144,460 5,227,345 Depreciation and amortization 1,205,687 799,156 35,062 — 2,039,904 Capital expenditures 1,688,114 1,786,373 38,748 (17,015 ) 3,496,219 As of and for the year ended March 31, 2024 Yen in millions Automotive Financial All other Inter-segment Consolidated Sales revenues Revenues from external customers 41,080,731 3,447,195 567,399 — 45,095,325 Inter-segment revenues and transfers 185,473 37,003 800,766 (1,023,242 ) — Total 41,266,204 3,484,198 1,368,164 (1,023,242 ) 45,095,325 Operating expenses 36,644,729 2,914,175 1,192,923 (1,009,437 ) 39,742,390 Operating income 4,621,475 570,023 175,241 (13,805 ) 5,352,934 Total assets 29,351,344 43,834,183 3,011,363 13,917,406 90,114,296 Investments accounted for using the equity method 5,114,364 110,308 282,888 202,546 5,710,106 Depreciation and amortization 1,268,479 784,013 34,574 — 2,087,066 Capital expenditures 2,011,361 2,763,931 103,242 (30,492 ) 4,848,042
Disclosure of financial position of segment	(i) Consolidated Statement of Financial Position on Non-Financial Yen in millions March 31, 2023 March 31, 2024 Assets (Non-Financial Current assets Cash and cash equivalents 5,548,398 6,892,817 Trade accounts and other receivable 3,594,057 3,768,520 Other financial assets 849,779 3,864,242 Inventories 4,255,614 4,605,368 Other current assets 749,078 805,940 Total current assets 14,996,926 19,936,887 Non-current Property, plant and equipment 7,729,000 8,680,731 Other 17,337,727 19,123,829 Total non-current 25,066,727 27,804,560 Total assets 40,063,653 47,741,447 (Financial Services Business) Current assets Cash and cash equivalents 1,968,568 2,519,244 Trade accounts and other receivable 286,960 382,007 Receivables related to financial services 8,279,806 11,057,269 Other financial assets 1,680,242 1,575,059 Other current assets 362,660 352,918 Total current assets 12,578,237 15,886,497 Non-current Receivables related to financial services 16,491,045 20,637,090 Property, plant and equipment 4,904,975 5,577,058 Other 1,551,183 1,733,539 Total non-current 22,947,204 27,947,687 Total assets 35,525,441 43,834,183 (Elimination) Elimination of assets (1,285,914 ) (1,461,335 ) (Consolidated) Total assets 74,303,180 90,114,296 Note: Assets in non-financial Yen in millions March 31, 2023 March 31, 2024 Liabilities (Non-Financial Current liabilities Trade accounts and other payables 4,689,034 4,890,913 Short-term and current portion of long-term debt 1,170,114 929,662 Accrued expenses 1,446,697 1,750,221 Income taxes payable 361,000 1,185,678 Other current liabilities 3,266,095 3,583,929 Total current liabilities 10,932,939 12,340,403 Non-current Long-term debt 1,553,622 1,938,535 Retirement benefit liabilities 1,047,430 1,058,742 Other non-current 1,867,028 2,545,491 Total non-current 4,468,080 5,542,768 Total liabilities 15,401,019 17,883,171 (Financial Services Business) Current liabilities Trade accounts and other payables 547,511 651,381 Short-term and current portion of long-term debt 11,583,602 14,890,892 Accrued expenses 128,994 148,767 Income taxes payable 43,607 38,864 Other current liabilities 1,841,562 2,219,104 Total current liabilities 14,145,275 17,949,008 Non-current Long-term debt 15,627,943 19,356,672 Retirement benefit liabilities 18,078 19,220 Other non-current 1,135,862 1,131,501 Total non-current 16,781,883 20,507,393 Total liabilities 30,927,158 38,456,401 (Elimination) Elimination of liabilities (1,289,211 ) (1,464,614 ) (Consolidated) Total liabilities 45,038,967 54,874,958 Shareholders’ equity (Consolidated) Total Toyota Motor Corporation shareholders’ equity 28,338,706 34,220,991 (Consolidated) Non-controlling 925,507 1,018,347 (Consolidated) Total shareholders’ equity 29,264,213 35,239,338 (Consolidated) Total liabilities and shareholders’ equity 74,303,180 90,114,296
Disclosure of income of segment	(ii) Consolidated Statement of Income on Non-Financial Yen in millions For the year ended March 31, 2022 For the year ended March 31, 2023 For the year ended March 31, 2024 (Non-Financial Sales revenues 29,104,564 34,409,011 41,832,663 Cost of revenues 24,250,860 29,132,715 33,763,076 Selling, general and administrative 2,518,182 2,990,316 3,278,135 Operating income 2,335,522 2,285,980 4,791,453 Other income (loss), net 998,001 943,777 1,608,345 Income before income taxes 3,333,522 3,229,757 6,399,798 Income tax expense 944,594 1,040,864 1,741,885 Net income 2,388,928 2,188,893 4,657,913 Net income attributable to Toyota Motor Corporation 2,369,399 2,152,509 4,540,311 Non-controlling 19,529 36,384 117,602 (Financial Services Business) Sales revenues 2,324,026 2,809,647 3,484,198 Cost of revenues 1,178,509 1,741,117 2,145,694 Selling, general and administrative 488,517 631,014 768,481 Operating income 657,001 437,516 570,023 Other income (loss), net 16 (5,013 ) 1,762 Income before income taxes 657,017 432,503 571,786 Income tax expense 171,327 134,903 151,785 Net income 485,690 297,600 420,000 Net income attributable to Toyota Motor Corporation 480,716 292,334 411,114 Non-controlling 4,974 5,266 8,886 (Elimination) Elimination of net income (4 ) 6,475 (6,492 ) (Consolidated) Net income 2,874,614 2,492,967 5,071,421 Net income attributable to Toyota Motor Corporation 2,850,110 2,451,318 4,944,933 Non-controlling 24,504 41,650 126,488
Disclosure of cash flows of segment	(iii) Consolidated Statement of Cash Flows on Non-Financial Yen in millions For the year ended March 31, 2022 For the year ended March 31, 2023 For the year ended March 31, 2024 (Non-Financial Cash flows from operating activities Net income 2,388,928 2,188,893 4,657,913 Depreciation and amortization 1,060,079 1,240,749 1,303,053 Share of profit (loss) of investments accounted for using the equity method (552,515 ) (633,324 ) (752,779 ) Income tax expense 944,594 1,040,864 1,741,885 Changes in operating assets and liabilities, and other (572,082 ) 463,871 120,731 Interest received 100,118 234,945 454,713 Dividends received 342,646 454,752 582,022 Interest paid (40,780 ) (28,206 ) (104,008 ) Income taxes paid, net of refunds (544,887 ) (1,280,341 ) (1,033,448 ) Net cash provided by (used in) operating activities 3,126,101 3,682,203 6,970,082 Cash flows from investing activities Additions to fixed assets excluding equipment leased to others (1,186,900 ) (1,439,724 ) (1,815,239 ) Additions to equipment leased to others (151,456 ) (147,792 ) (153,324 ) Proceeds from sales of fixed assets excluding equipment leased to others 36,219 54,572 152,830 Proceeds from sales of equipment leased to others 45,183 44,195 47,557 Additions to intangible assets (335,436 ) (333,295 ) (317,606 ) Additions to public and corporate bonds and stocks (1,904,588 ) (503,977 ) (2,639,166 ) Proceeds from sales of public and corporate bonds and stocks and upon maturity of public and corporate bonds 1,989,345 892,814 1,757,282 Other, net 1,856,069 236,351 (1,386,377 ) Net cash provided by (used in) investing activities 348,436 (1,196,856 ) (4,354,045 ) Cash flows from financing activities Increase (decrease) in short-term debt (164,899 ) 142,688 66,953 Proceeds from long-term debt 513,371 474,535 533,333 Payments of long-term debt (1,818,653 ) (637,982 ) (634,215 ) Dividends paid to Toyota Motor Corporation common shareholders (709,872 ) (727,980 ) (880,197 ) Dividends paid to non-controlling (49,629 ) (79,782 ) (85,991 ) Reissuance (repurchase) of treasury stock (404,718 ) (431,099 ) (231,069 ) Other, net — 21,458 (7,570 ) Net cash provided by (used in) financing activities (2,634,401 ) (1,238,161 ) (1,238,756 ) Effect of exchange rate changes on cash and cash equivalents 185,237 1,690 (32,862 ) Net increase (decrease) in cash and cash equivalents 1,025,373 1,248,876 1,344,419 Cash and cash equivalents at beginning of year 3,274,149 4,299,522 5,548,398 Cash and cash equivalents at end of year 4,299,522 5,548,398 6,892,817 Yen in millions For the year ended March 31, 2022 For the year ended March 31, 2023 For the year ended March 31, 2024 (Financial Services Business) Cash flows from operating activities Net income 485,690 297,600 420,000 Depreciation and amortization 761,801 799,156 784,013 Interest income and interest costs related to financial services, net (360,837 ) (703,971 ) (734,880 ) Share of profit (loss) of investments accounted for using the equity method (7,831 ) (9,739 ) (10,357 ) Income tax expense 171,327 134,903 151,785 Changes in operating assets and liabilities, and other (623,051 ) (1,958,779 ) (4,100,301 ) Interest received 742,364 1,291,100 1,858,816 Dividends received 4,740 5,599 5,236 Interest paid (384,006 ) (574,650 ) (1,065,757 ) Income taxes paid, net of refunds (264,876 ) (16,883 ) (90,874 ) Net cash provided by (used in) operating activities 525,321 (735,664 ) (2,782,318 ) Cash flows from investing activities Additions to fixed assets excluding equipment leased to others (10,366 ) (10,472 ) (31,208 ) Additions to equipment leased to others (2,135,437 ) (1,759,564 ) (2,714,336 ) Proceeds from sales of fixed assets excluding equipment leased to others 1,530 1,865 2,155 Proceeds from sales of equipment leased to others 1,496,949 1,614,965 1,961,077 Additions to intangible assets (10,650 ) (14,985 ) (16,680 ) Additions to public and corporate bonds and stocks (523,323 ) (646,237 ) (333,613 ) Proceeds from sales of public and corporate bonds and stocks and upon maturity of public and corporate bonds 213,291 440,915 494,085 Other, net 113,635 (30,385 ) 14,732 Net cash provided by (used in) investing activities (854,370 ) (403,898 ) (623,788 ) Cash flows from financing activities Increase (decrease) in short-term debt (488,495 ) 171,293 339,666 Proceeds from long-term debt 7,800,854 8,892,261 11,620,147 Payments of long-term debt (7,142,750 ) (7,868,820 ) (8,221,432 ) Dividends paid to non-controlling (2,094 ) (5,204 ) (4,318 ) Other, net — 2,853 (57 ) Net cash provided by (used in) financing activities 167,516 1,192,382 3,734,005 Effect of exchange rate changes on cash and cash equivalents 148,958 101,615 222,776 Net increase (decrease) in cash and cash equivalents (12,575 ) 154,436 550,675 Cash and cash equivalents at beginning of year 1,826,707 1,814,133 1,968,568 Cash and cash equivalents at end of year 1,814,133 1,968,568 2,519,244 (Consolidated) Effect of exchange rate changes on cash and cash equivalents 334,195 103,305 189,914 Net increase (decrease) in cash and cash equivalents 1,012,798 1,403,311 1,895,094 Cash and cash equivalents at beginning of year 5,100,857 6,113,655 7,516,966 Cash and cash equivalents at end of year 6,113,655 7,516,966 9,412,060
Disclosure of geographic information	As of and for the year ended March 31, 2022 Yen in millions Japan North America Europe Asia Other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 8,214,740 10,897,946 3,692,214 5,778,115 2,796,493 — 31,379,507 Inter-segment revenues and transfers 7,776,696 268,534 175,633 752,452 131,690 (9,105,004 ) — Total 15,991,436 11,166,479 3,867,847 6,530,566 2,928,183 (9,105,004 ) 31,379,507 Operating expenses 14,567,991 10,600,695 3,704,874 5,858,216 2,690,014 (9,037,980 ) 28,383,811 Operating income 1,423,445 565,784 162,973 672,350 238,169 (67,024 ) 2,995,697 Total assets 21,502,155 23,353,812 5,711,271 7,461,812 4,309,248 5,350,474 67,688,771 Non-current 5,501,046 6,251,499 891,146 977,235 537,631 — 14,158,559 As of and for the year ended March 31, 2023 Yen in millions Japan North America Europe Asia Other Inter-segment Elimination/ Unallocated Amount Consolidated Sales revenues Revenues from external customers 9,122,282 13,509,027 4,097,537 7,076,922 3,348,530 — 37,154,298 Inter-segment revenues and transfers 8,460,914 334,874 176,198 967,984 123,663 (10,063,633 ) — Total 17,583,196 13,843,901 4,273,735 8,044,906 3,472,193 (10,063,633 ) 37,154,298 Operating expenses 15,681,733 13,918,637 4,216,276 7,330,455 3,240,832 (9,958,659 ) 34,429,273 Operating income (loss) 1,901,463 (74,736 ) 57,460 714,451 231,362 (104,974 ) 2,725,025 Total assets 23,241,334 26,024,734 6,813,474 7,908,520 4,726,373 5,588,745 74,303,180 Non-current 5,658,859 6,255,561 1,042,726 1,031,057 565,377 — 14,553,580 As of and for the year ended March 31, 2024 Yen in millions Japan North Europe Asia Other Inter-segment Consolidated Sales revenues Revenues from external customers 10,193,556 17,624,268 5,503,738 7,604,269 4,169,494 — 45,095,325 Inter-segment revenues and transfers 10,827,165 318,805 178,026 1,126,479 220,292 (12,670,767 ) — Total 21,020,721 17,943,072 5,681,764 8,730,749 4,389,785 (12,670,767 ) 45,095,325 Operating expenses 17,536,451 17,436,753 5,293,668 7,865,158 4,191,441 (12,581,079 ) 39,742,390 Operating income 3,484,270 506,319 388,096 865,591 198,345 (89,687 ) 5,352,934 Total assets 24,711,142 31,886,959 8,749,680 9,096,282 6,167,902 9,502,332 90,114,296 Non-current assets 5,827,404 7,374,724 1,407,680 1,190,348 686,104 — 16,486,260
Disclosure of sales revenues by location of external customers	In addition to the disclosure requirements under IFRS Accounting Standards, Toyota discloses this information in order to provide financial statements users with valuable information . Yen in millions For the years ended March 31, 2022 2023 2024 Japan 6,425,184 6,742,304 7,399,192 North America 10,953,472 13,578,084 17,694,375 Europe 3,495,785 3,970,857 5,396,610 Asia 6,017,646 7,150,555 7,742,141 Other 4,487,420 5,712,497 6,863,007 Total 31,379,507 37,154,298 45,095,325

Cash and cash equivalents (Tabl

Cash and cash equivalents (Tables)	12 Months Ended
Cash and cash equivalents (Tables)	Mar. 31, 2024
Cash and cash equivalents [abstract]
Disclosure of Cash and Cash Equivalents	Cash and cash equivalents consist of the following: Yen in millions March 31, 2023 2024 Cash and deposits 5,948,297 6,245,257 Negotiable certificate of deposit and other 1,568,669 3,166,803 Total 7,516,966 9,412,060

Trade accounts and other rece_2

Trade accounts and other receivables (Tables)	12 Months Ended
Trade accounts and other receivables (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of trade accounts and other receivable	Trade accounts and other receivables consist of the following: Yen in millions March 31, 2023 2024 Accounts and notes receivables 2,757,412 2,672,434 Other receivables 870,398 1,149,679 Allowance for doubtful accounts (41,679 ) (32,684 ) Total 3,586,130 3,789,429
Disclosure of changes in the allowance for doubtful accounts	The changes in the allowance for doubtful accounts consist of the following: Yen in millions For the years ended March 31, 2023 2024 Allowance for doubtful accounts at beginning of year 110,793 121,628 Provision for doubtful accounts, net of reversal 8,844 4,708 Write-offs (3,496 ) (3,759 ) Other 5,487 (472 ) Allowance for doubtful accounts at end of year 121,628 122,105

Finance receivables (Tables)

Finance receivables (Tables)	12 Months Ended
Finance receivables (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Finance Receivables	Finance receivables consist of the following: Yen in millions March 31, 2023 2024 Retail 20,201,004 25,489,945 Finance leases 2,503,369 3,143,424 Wholesale and other dealer loans 3,461,421 5,005,766 Total 26,165,794 33,639,135 Deferred origination costs 359,743 439,613 Less - Unearned income (1,418,272 ) (1,970,115 ) Less - Allowance for credit losses Retail (274,871 ) (336,152 ) Finance leases (36,920 ) (46,909 ) Wholesale and other dealer loans (24,622 ) (31,213 ) Total finance receivables, net 24,770,851 31,694,359 Current assets 8,279,806 11,057,269 Non-current 16,491,045 20,637,090 Total finance receivables, net 24,770,851 31,694,359
Disclosure of Contractual Maturities	The contractual maturity of retail receivables, future lease payments to be received for finance leases, the contractual maturity of wholesale receivables and other dealer loans are as follows: Yen in millions March 31, 2023 Retail Finance leases Wholesale and other dealer loans Within 1 year 5,822,035 736,347 2,101,711 Between 1 and 2 years 4,599,678 534,414 402,642 Between 2 and 3 years 3,930,516 402,625 266,593 Between 3 and 4 years 3,013,894 196,046 142,888 Between 4 and 5 years 1,737,460 64,676 145,964 Later than 5 years 1,097,422 13,540 401,622 Total 20,201,004 1,947,649 3,461,421 Yen in millions March 31, 2024 Retail Finance leases Wholesale and other dealer loans Within 1 year 7,063,873 961,583 3,587,124 Between 1 and 2 years 5,791,490 673,115 441,004 Between 2 and 3 years 5,034,539 505,715 223,112 Between 3 and 4 years 3,864,320 265,727 185,210 Between 4 and 5 years 2,334,787 96,648 142,215 Later than 5 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,400,936 17,703 427,100 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,489,945 2,520,492 5,005,766
Disclosure of Finance Leases Receivables	Finance leases receivables consist of the following: Yen in millions March 31, 2023 2024 Lease payments 1,947,649 2,520,492 Estimated unguaranteed residual values 555,720 622,932 Total 2,503,369 3,143,424 Deferred origination costs 18,587 20,999 Less - Unearned income (224,761 ) (320,223 ) Less - Allowance for credit losses (36,920 ) (46,909 ) Finance leases receivables, net 2,260,275 2,797,291

Other financial assets (Tables)

Other financial assets (Tables)	12 Months Ended
Other financial assets (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Other Financial Assets by Component	Other financial assets consist of the following: Yen in millions March 31, 2023 2024 Financial assets measured at amortized cost Time deposits 206,494 1,606,834 Other 766,455 824,448 Financial assets measured at fair value through profit or loss Public and corporate bonds 193,816 221,743 Stocks 168,214 212,393 Derivatives 610,340 552,921 Other 496,052 553,174 Financial assets measured at fair value through other comprehensive income Public and corporate bonds 6,409,119 8,279,783 Stocks 3,413,780 3,829,893 Other 7,838 11,537 Total 12,272,107 16,092,727 Current assets 1,715,675 4,702,168 Non-current 10,556,431 11,390,559 Total 12,272,107 16,092,727
Disclosure of Major Securities Included in Stock Measured at Fair Value Through Other Comprehensive Income	Major securities included in stocks measured at fair value through other comprehensive income as of March 31, 2023 and 2024 are as follows: Yen in millions March 31, Issue 2023 2024 KDDI CORPORATION 1,296,639 1,134,370 MS&AD Insurance Group Holdings, Inc. 216,053 427,950 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 320,073 363,131 Mitsubishi UFJ Financial Group, Inc. 126,754 232,760 Renesas Electronics Corporation 143,543 200,330
Disclosure of fair values and total accumulated other comprehensive income at derecognition	To facilitate the efficient and effective utilization of assets, Toyota derecognizes stocks measured at fair value through other comprehensive income by way of sale. Fair value and total accumulated other comprehensive income at derecognition are as follows: Yen in millions For the years ended 2023 2024 Total fair value 69,028 346,154 Accumulated other comprehensive income, net 35,124 247,475

Inventories (Tables)

Inventories (Tables)	12 Months Ended
Inventories (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Inventories	Inventories consist of the following: Yen in millions March 31, 2023 2024 Products 2,317,143 2,796,831 Work in process 530,915 496,471 Raw materials 1,239,535 1,117,950 Supplies and other 168,021 194,116 Total 4,255,614 4,605,368

Investments accounted for usi_2

Investments accounted for using the equity method (Tables)	12 Months Ended
Investments accounted for using the equity method (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Investments in Equity Accounted Investees	Equity in associates and joint ventures is as follows: Yen in millions March 31, 2023 2024 Associates 4,169,573 4,616,598 Joint ventures 1,057,773 1,093,508 Total 5,227,345 5,710,106
Disclosure of Combined Information of Investments Accounted for Using the Equity Method	The combined information of investments accounted for using the equity method (total value of TMC’s interests) is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Net income Associates 324,480 326,931 478,405 Joint ventures 235,866 316,132 284,732 Total 560,346 643,063 763,137 Other comprehensive income, net of tax Associates 241,264 99,737 269,753 Joint ventures 66,187 3,295 52,361 Total 307,451 103,033 322,114 Comprehensive income Associates 565,744 426,669 748,158 Joint ventures 302,053 319,428 337,093 Total 867,798 746,096 1,085,251

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
Property, plant and equipment (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Property, Plant and Equipment	The changes in cost and accumulated depreciation and impairment losses are as follows: (Cost) Yen in millions Land Buildings Machinery and equipment Vehicles and Construction Total Balance as of April 1, 2022 1,361,791 5,284,620 13,982,362 6,781,229 565,528 27,975,530 Additions 14,990 75,098 433,393 1,916,239 934,847 3,374,566 Sales or disposal (14,680 ) (76,482 ) (599,825 ) (2,516,466 ) (13,684 ) (3,221,137 ) Reclassification from construction in progress 50,494 88,625 480,805 167 (620,091 ) — Foreign currency translation adjustments 10,458 67,274 437,649 524,175 13,503 1,053,058 Other 3,317 25,676 62,235 69,083 (33,236 ) 127,075 Balance as of March 31, 2023 1,426,370 5,464,811 14,796,619 6,774,427 846,866 29,309,093 Additions 5,217 136,241 581,930 2,893,569 1,075,590 4,692,547 Sales or disposal (14,729 ) (39,296 ) (545,829 ) (2,974,283 ) (4,771 ) (3,578,908 ) Reclassification from construction in progress 5,691 138,013 776,356 236 (920,295 ) — Foreign currency translation adjustments 27,296 153,948 919,653 812,366 56,654 1,969,916 Other (8,033 ) 31,032 (59,696 ) 17,596 (13,856 ) (32,956 ) Balance as of March 31, 2024 1,441,811 5,884,749 16,469,032 7,523,911 1,040,188 32,359,692 (Accumulated depreciation and impairment losses) Yen in millions Land Buildings Machinery and equipment Vehicles and Construction Total Balance as of April 1, 2022 (6,379 ) (3,375,598 ) (10,762,953 ) (1,503,668 ) (292 ) (15,648,890 ) Depreciation — (148,981 ) (921,037 ) (856,921 ) — (1,926,939 ) Impairment losses (393 ) (10,517 ) (17,358 ) — (2,846 ) (31,114 ) Sales or disposal 150 63,448 559,467 860,708 — 1,483,773 Foreign currency translation adjustments (178 ) (39,793 ) (334,617 ) (96,936 ) (2 ) (471,526 ) Other (513 ) (17,746 ) (53,167 ) (8,928 ) (71 ) (80,423 ) Balance as of March 31, 2023 (7,313 ) (3,529,186 ) (11,529,666 ) (1,605,744 ) (3,210 ) (16,675,119 ) Depreciation — (139,999 ) (974,181 ) (842,931 ) — (1,957,111 ) Impairment losses — (208 ) (18,862 ) — — (19,069 ) Sales or disposal 579 34,067 498,703 962,901 3 1,496,254 Foreign currency translation adjustments (825 ) (84,432 ) (666,255 ) (162,784 ) 2,810 (911,486 ) Other 574 (34,029 ) (29,354 ) 29,549 (2,112 ) (35,373 ) Balance as of March 31, 2024 (6,985 ) (3,753,786 ) (12,719,614 ) (1,619,009 ) (2,510 ) (18,101,905 )
Disclosure of Vehicles and Equipment on Operating Leases	Vehicles and equipment on operating leases consist of the following: Yen in millions March 31, 2023 2024 Vehicles 6,759,024 7,471,187 Equipment 15,403 52,724 6,774,427 7,523,911 Less - Accumulated depreciation (1,605,744 ) (1,619,009 ) Vehicles and equipment on operating leases, net 5,168,683 5,904,902
Disclosure of Future Lease Payments To Be Received For Vehicles And Equipments On Operating Leases	The following table presents future lease payments to be received for vehicles and equipments on operating leases: Yen in millions March 31, 2023 2024 Within 1 year 885,757 1,003,221 Between 1 and 2 years 497,218 678,342 Between 2 and 3 years 216,227 314,496 Between 3 and 4 years 59,004 77,715 Between 4 and 5 years 21,022 28,267 Later than 5 years 10,484 13,619 Total future rentals 1,689,712 2,115,660

Right of use assets and lease_2

Right of use assets and lease liabilities (Tables)	12 Months Ended
Right of use assets and lease liabilities (Tables)	Mar. 31, 2024
Disclosure of right of use assets and lease liabilities explanatory [Abstract]
Disclosure of Right of Use Asset and Lease Liabilities	The breakdown of right of use assets is as follows: Yen in millions March 31, 2023 2024 Types of original assets Land 64,717 60,388 Buildings 333,698 341,408 Other 92,953 131,040 Total 491,368 532,835
Disclosure of Gains and Losses on Lessee's Leases	The breakdown of main gains and losses on lessee’s leases is as follows: Yen in millions March 31, 2023 2024 Depreciation of right of use assets Land 5,217 9,699 Buildings 42,408 69,962 Other 36,566 42,038 Total 84,191 121,698 Interest expense on lease liabilities 5,429 6,152 Short-term leases 97,025 103,544 186,645 231,394
Disclosure of Maturity Analysis of the Total Future Lease Payments and the adjustment to the present value	The following is the maturity analysis of the total future lease payments and the adjustment to the present value: Yen in millions March 31, 2023 2024 Within 1 year 74,780 83,145 Between 1 and 5 years 179,026 190,511 Later than 5 years 254,096 244,107 Future lease payment, total 507,902 517,763 Less - Interest expense (51,781 ) (55,195 ) Present value of lease payment, total 456,120 462,568 Current liabilities 66,870 73,456 Non-current 389,250 389,112 Present value of lease payment, total 456,120 462,568

Intangible assets (Tables)

Intangible assets (Tables)	12 Months Ended
Intangible assets (Tables)	Mar. 31, 2024
Disclosure Of Intangible Assets Explanatory [Abstract]
Disclosure of Carrying Value of Intangible Assets	The carrying value of intangible assets is as follows: Yen in millions March 31, 2023 2024 Capitalized development costs 669,612 638,337 Software and other 579,510 716,989 Total 1,249,122 1,355,326
Disclosure of Changes In Cost, Accumulated Amortization of Intangible Assets	The changes in cost and accumulated amortization of intangible assets are as follows: (Cost) Yen in millions Capitalized development costs Software and other Total Balance as of April 01, 2022 1,141,234 827,232 1,968,466 Additions — 40,655 40,655 Internally developed 181,634 98,040 279,674 Sales or disposal (164,898 ) (38,473 ) (203,372 ) Foreign currency translation adjustments 1,465 20,886 22,351 Other — 17,056 17,056 Balance as of March 31, 2023 1,159,435 965,395 2,124,830 Additions — 109,051 109,051 Internally developed 124,788 136,107 260,895 Sales or disposal (230,512 ) (133,477 ) (363,989 ) Foreign currency translation adjustments 4,622 42,104 46,726 Other — 20,715 20,715 Balance as of March 31, 2024 1,058,334 1,139,895 2,198,228 (Accumulated amortization) Yen in millions Capitalized development costs Software and other Total Balance as of April 01, 2022 (477,472 ) (299,028 ) (776,500 ) Amortization (164,512 ) (112,965 ) (277,477 ) Sales or disposal 152,161 37,901 190,062 Foreign currency translation adjustments — (10,533 ) (10,533 ) Other — (1,261 ) (1,261 ) Balance as of March 31, 2023 (489,823 ) (385,886 ) (875,708 ) Amortization (160,686 ) (129,956 ) (290,642 ) Sales or disposal 230,512 117,841 348,353 Foreign currency translation adjustments — (22,633 ) (22,633 ) Other — (2,272 ) (2,272 ) Balance as of March 31, 2024 (419,997 ) (422,905 ) (842,902 )

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
Income taxes (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Components of Deferred Tax Assets and Liabilities	Significant components of deferred tax assets and liabilities are as follows: Yen in millions March 31, 2023 2024 Deferred tax assets Defined benefit plan liabilities 120,007 100,770 Accrued expenses and liabilities for quality assurance 662,425 724,325 Other accrued employees’ compensation 127,668 138,219 Operating loss carryforwards for tax purposes 191,906 50,214 Allowance for doubtful accounts and credit losses 94,639 103,860 Property, plant and equipment and other assets 252,441 296,739 Other 463,250 569,648 Total deferred tax assets 1,912,336 1,983,775 Deferred tax liabilities Changes in fair value of financial instruments measured in other comprehensive income (737,156 ) (1,015,448 ) Undistributed earnings of foreign subsidiaries (39,496 ) (42,365 ) Undistributed earnings of associates and joint ventures (1,076,742 ) (1,176,045 ) Basis difference of acquired assets (78,206 ) (82,852 ) Capitalized development costs (201,120 ) (189,496 ) Lease transactions (972,158 ) (897,291 ) Other (222,378 ) (297,686 ) Total deferred tax liabilities (3,327,255 ) (3,701,183 ) Net deferred tax assets and liabilities (1,414,919 ) (1,717,408 )
Disclosure of Changes in Deferred Tax Assets and Deferred Tax Liabilities Recognized as Income Tax Expense in the Consolidated Statements of Income	Of the changes in deferred tax assets and deferred tax liabilities for the years ended March 31, 2022, 2023 and 2024, the amount recognized as income tax expense in the consolidated statement of income is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Defined benefit plan liabilities 4,203 802 (4,333 ) Accrued expenses and liabilities for quality assurance (40,761 ) 26,942 40,626 Other accrued employees’ compensation (968 ) (2,745 ) 6,925 Operating loss carryforwards for tax purposes 38,119 116,344 (133,776 ) Allowance for doubtful accounts and credit losses (4,902 ) 4,474 (551 ) Property, plant and equipment and other assets (9,795 ) 24,850 11,518 Undistributed earnings of foreign subsidiaries (33,349 ) 12,391 (2,869 ) Undistributed earnings of associates and joint ventures (71,405 ) (63,520 ) (43,526 ) Basis difference of acquired assets (11,270 ) (12,075 ) 1,152 Capitalized development costs (9,708 ) 4,003 12,824 Lease transactions 103,098 (487,702 ) 186,196 Other 111,603 44,144 88,582 Total 74,864 (332,091 ) 162,768
Disclosure of Deductible Temporary Differences, Unused Tax Losses, and Unused Tax Credits for which no Deferred Tax Asset is Recognized in the Statement of Financial Position	The deductible temporary differences, unused tax losses, and unused tax credits for which no deferred tax asset is recognized in the statement of financial position: Yen in millions March 31, 2023 2024 Deductible temporary difference 968,060 1,292,277 Carryforwards of tax losses 712,357 762,196 Carryforwards of tax credit 115,809 95,462 Total 1,796,225 2,149,935
Disclosure of Expected expiration date of the carryforwards of tax losses for which deferred tax assets are not recognized	The expected expiration date of the carryforwards of tax losses for which deferred tax assets are not recognized are as follows: Yen in millions March 31, 2023 2024 Within 5 years 75,839 7,791 Between 5 and 10 years 313,895 357,421 Later than 10 years 322,623 396,984 Total 712,357 762,196
Disclosure of Expected expiration date of the carryforwards of tax credit for which deferred tax assets are not recognized	The expected expiration date of the carryforwards of tax credit for which deferred tax assets are not recognized are as follows: Yen in millions March 31, 2023 2024 Within 5 years 10,018 4,764 Between 5 and 10 years 18,107 3,680 Later than 10 years 87,684 87,018 Total 115,809 95,462
Disclosure of Income Tax Expense	The income tax expense for the years ended March 31, 2022, 2023 and 2024 consists of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Current income tax expense: TMC and domestic subsidiaries 672,077 758,772 1,432,299 Foreign subsidiaries 518,705 84,902 624,134 Total current 1,190,782 843,674 2,056,433 Deferred income tax expense (benefit): TMC and domestic subsidiaries 42,131 27,783 (42,906 ) Foreign subsidiaries (116,995 ) 304,308 (119,862 ) Total deferred (74,864 ) 332,091 (162,768 ) Total income tax expense 1,115,918 1,175,765 1,893,665
Disclosure of Reconciliation of Statutory Tax Rate and Effective Income Tax Rate	Reconciliation of the differences between the statutory tax rate and the average effective tax rate is as follows: For the years ended March 31, 2022 2023 2024 Statutory tax rate 30.9 % 30.9 % 30.9 % Increase (reduction) in taxes resulting from: Non-deductible 0.6 0.8 0.3 Tax-exempt (0.3 ) (0.4 ) (0.2 ) Deferred tax liabilities on undistributed earnings of foreign subsidiaries 1.3 1.1 0.6 Effects of investments accounted for using the equity method (4.3 ) (5.4 ) (3.4 ) Deferred tax liabilities on undistributed earnings of associates and joint ventures 2.6 3.1 2.1 Change in unrecognized deferred tax assets 3.7 6.3 0.4 Tax credits (2.7 ) (3.5 ) (2.1 ) The difference between the statutory tax rate in Japan and that of foreign subsidiaries (3.1 ) (1.5 ) (2.0 ) Unrecognized tax benefits adjustments (0.3 ) 0.4 — Other (0.3 ) 0.3 0.6 Average effective tax rate 28.0 % 32.0 % 27.2 %

Trade accounts and other paya_2

Trade accounts and other payables (Tables)	12 Months Ended
Trade accounts and other payables (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Trade Accounts and Other Payables	Trade accounts and other payables consists of the following: Yen in millions March 31, 2023 2024 Accounts and notes payables 3,819,334 3,828,068 Other payables 1,166,974 1,423,289 Total 4,986,309 5,251,357

Financial liabilities (Tables)

Financial liabilities (Tables)	12 Months Ended
Financial liabilities (Tables)	Mar. 31, 2024
Disclosure of financial liabilities [abstract]
Disclosure of Financial Liabilities	(1) Financial liabilities Financial liabilities consist of the following: Yen in millions Non-cash As of Cash flow Acquisitions Reclassification Changes Changes Other As of Current liabilities Short-term debt 4,104,858 239,689 — — 231,700 — 13,926 4,590,173 Current portion of long-term debt 7,026,845 (8,283,375 ) — 8,380,467 467,956 — 56,704 7,648,596 Current portion of long-term lease liabilities 56,136 (69,658 ) — 39,311 1,424 — 39,657 66,870 Current liabilities 11,187,839 (8,113,344 ) — 8,419,778 701,080 — 110,286 12,305,639 Non-current Long-term debt 14,943,727 9,276,918 — (8,380,467 ) 836,348 — 8,858 16,685,384 Long-term lease liabilities 364,792 — 116,298 (39,311 ) 9,277 — (61,807 ) 389,250 Class share — — — — — — — — Non-current 15,308,519 9,276,918 116,298 (8,419,778 ) 845,626 — (52,949 ) 17,074,634 Total 26,496,358 1,163,574 116,298 — 1,546,706 — 57,337 29,380,273 Derivatives 7,221 77,098 — — (5,202 ) (141,475 ) — (62,359 ) Yen in millions Non-cash changes As of Cash flow Acquisitions Reclassification Changes Changes Other As of Current liabilities Short-term debt 4,590,173 401,740 — — 519,138 — (23,093 ) 5,487,959 Current portion of long-term debt 7,648,596 (8,673,349 ) — 9,974,103 896,377 — (858 ) 9,844,870 Current portion of long-term lease liabilities 66,870 (78,981 ) — 77,698 3,295 — 4,573 73,456 Class share . . . . . . . . . — — — — — — — — Current liabilities . . . 12,305,639 (8,350,589 ) — 10,051,801 1,418,811 — (19,378 ) 15,406,284 Non-current liabilities Long-term debt 16,685,384 12,057,349 — (9,974,103 ) 1,933,312 — 64,442 20,766,384 Long-term lease liabilities 389,250 — 101,534 (77,698 ) 20,766 — (44,740 ) 389,112 Non-current liabilities 17,074,634 12,057,349 101,534 (10,051,801 ) 1,954,078 — 19,702 21,155,496 Total 29,380,273 3,706,760 101,534 — 3,372,889 — 324 36,561,780 Derivatives (62,359 ) 95,572 — — (4,792 ) (68,999 ) — (40,578 )
Disclosure of Short Term Debt	(2) Short-term debt The breakdown of “Short-term debt” is as follows: Yen in millions March 31, 2023 2024 Short-term debt (Principally from bank) [Weighted average interest rate 2023 2.02 2024 2.27 916,725 1,387,832 Commercial paper [Weighted average interest rate 2023 3.81 2024 4.53 3,673,447 4,100,127 4,590,173 5,487,959
Disclosure of Long Term Debt	(3) Long-term debt The breakdown of “Long-term debt” is as follows: Yen in millions March 31, 2023 2024 Unsecured loans (Principally from bank) [2023 Weighted average interest 3.18% Due 2023 to 2042 2024 Weighted average interest 3.68% Due 2024 to 2042] 5,719,366 6,781,268 Secured loans (Principally financial receivables securitization) [2023 Weighted average interest 3.82% Due 2023 to 2034 2024 Weighted average interest 4.64% Due 2024 to 2034] 5,266,411 6,458,570 Medium-term notes of consolidated subsidiaries [2023 Weighted average interest 2.72% Due 2023 to 2048 2024 Weighted average interest 3.58% Due 2024 to 2048] 10,561,816 14,272,962 Unsecured bonds of the parent [2023 Weighted average interest 1.29% Due 2023 to 2037 2024 Weighted average interest 1.92% Due 2024 to 2037] 1,127,650 1,221,345 Unsecured bonds of consolidated subsidiaries [2023 Weighted average interest 2.54% Due 2023 to 2028 2024 Weighted average interest 2.75% Due 2024 to 2029] 1,621,444 1,811,271 Secured bonds of consolidated subsidiaries [2023 Weighted average interest 6.53% Due 2023 to 2026 Yen in millions March 31, 2023 2024 2024 Weighted average interest 7.86 Due 2024 to 2029 37,294 65,837 24,333,981 30,611,253 Less - Current portion due within one year (7,648,596 ) (9,844,870 ) 16,685,384 20,766,384
Disclosure of Asset Pledged as Collateral	(4) Assets pledges as collateral The breakdown of assets pledged as collateral mainly for loans of consolidated subsidiaries is as follows: Yen in millions March 31, 2023 2024 Property, plant and equipment 1,498,448 1,574,373 Other assets 5,459,877 6,731,856 Total 6,958,325 8,306,230

Other financial liabilities (Ta

Other financial liabilities (Tables)	12 Months Ended
Other financial liabilities (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Other Financial Liabilities	Other financial liabilities consist of the following: Yen in millions March 31, 2023 2024 Financial liabilities measured at amortized cost Deposits received 1,015,094 1,205,723 Other 454,756 558,039 Financial liabilities measured at fair value through profit or loss Derivatives 456,257 432,189 Total 1,926,107 2,195,951 Current liabilities 1,392,397 1,700,137 Non-current 533,710 495,814 Total 1,926,107 2,195,951

Financial risks (Tables)

Financial risks (Tables)	12 Months Ended
Financial risks (Tables)	Mar. 31, 2024
Statements [Line Items]
Disclosure of Net Changes in the Allowance for Credit Losses	The changes in the allowance for doubtful accounts consist of the following: Yen in millions For the years ended March 31, 2023 2024 Allowance for doubtful accounts at beginning of year 110,793 121,628 Provision for doubtful accounts, net of reversal 8,844 4,708 Write-offs (3,496 ) (3,759 ) Other 5,487 (472 ) Allowance for doubtful accounts at end of year 121,628 122,105
Disclosure of Retail Receivables Segregated into Aging Categories Based on the Numbers of the Days Outstanding	The table below shows the retail receivables segregated into aging categories based on the numbers of the days outstanding: Yen in millions March 31, 2023 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Current 17,905,331 1,275,170 — 19,180,501 Past due less than 90 days 331,040 542,999 21,469 895,509 Past due 90 days or more — 416 124,580 124,995 Total 18,236,371 1,818,584 146,049 20,201,004 Yen in millions March 31, 2024 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Current 22,750,132 1,526,798 — 24,276,931 Past due less than 90 days 318,524 694,558 23,761 1,036,843 Past due 90 days or more — 4,598 171,574 176,172 Total 23,068,656 2,225,954 195,335 25,489,945
Disclosure of Breakdown of Wholesale Receivables and Dealer Loan Receivables	The table below shows the net movement of the allowance for credit losses on wholesale receivables and other dealer loans. Yen in millions For the year ended March 31, 2023 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 14,349 5,092 5,396 24,836 Provision for credit loss, net of reversal 3,517 1,780 551 5,847 Charge-offs — — — — Other (3,225 ) (2,289 ) (547 ) (6,062 ) Allowance for credit loss at end of year 14,640 4,582 5,399 24,622 Yen in millions For the year ended March 31, 2024 Expected credit loss for Expected credit loss for the entire Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 14,640 4,582 5,399 24,622 Provision for credit loss, net of reversal 6,362 2,539 1,130 10,031 Charge-offs — — (204 ) (204 ) Other (3,521 ) (1,191 ) 1,475 (3,236 ) Allowance for credit loss at end of year 17,481 5,931 7,801 31,213
Disclosure of Non-Derivative Financial Liabilities and Derivative Financial Liabilities by a Remaining Contract Maturity Period	The amounts of non-derivative As of March 31, 2023 Yen in millions Maturities Book value Contractual cash flows Within 1 year Between 1 and Between 3 and Later than 5 years Non-derivative Short-term debt 916,725 (941,708 ) (941,708 ) — — — Commercial paper 3,673,447 (3,765,973 ) (3,765,973 ) — — — Long-term debt 24,333,981 (25,829,430 ) (8,067,346 ) (10,527,952 ) (5,609,531 ) (1,624,601 ) Lease liabilities 456,120 (507,902 ) (74,780 ) (102,258 ) (76,769 ) (254,096 ) Total 29,380,273 (31,045,012) (12,849,807) (10,630,210) (5,686,300) (1,878,696) Derivative financial liabilities Interest derivative 296,438 (315,269 ) (41,958 ) (155,214 ) (109,599 ) (8,498 ) Currency derivative In — 835,459 58,806 187,514 589,139 — Out 159,819 (1,017,589 ) (90,525 ) (220,701 ) (706,363 ) — Total 456,257 (497,400 ) (73,678 ) (188,401 ) (226,823 ) (8,498 ) Total 29,836,530 (31,542,412 ) (12,923,485 ) (10,818,611 ) (5,913,123 ) (1,887,194 ) As of March 31, 2024 Yen in millions Maturities Book value Contractual Within 1 year Between 1 and Between 3 and Later than 5 years Non-derivative financial liabilities Short-term debt 1,387,832 (1,398,947 ) (1,398,947 ) — — — Commercial paper 4,100,127 (4,222,660 ) (4,222,660 ) — — — Long-term debt 30,611,253 (33,286,908 ) (10,862,374 ) (13,051,900 ) (6,770,969 ) (2,601,665 ) Lease liabilities 462,568 (517,763 ) (83,145 ) (115,664 ) (74,847 ) (244,107 ) Total 36,561,780 (39,426,278 ) (16,567,126 ) (13,167,564 ) (6,845,816 ) (2,845,772 ) Derivative financial liabilities Interest derivative 238,503 (237,685 ) (74,298 ) (103,424 ) (54,923 ) (5,040 ) Currency derivative In — 1,127,763 150,390 433,343 362,638 181,391 Out 193,686 (1,370,175 ) (222,251 ) (519,535 ) (427,529 ) (200,860 ) Total 432,189 (480,098 ) (146,158 ) (189,617 ) (119,815 ) (24,508 ) Total 36,993,969 (39,906,376 ) (16,713,284 ) (13,357,180 ) (6,965,631 ) (2,870,280 )
Disclosure of Unused Amount in Funding With Issuance Limit	The unused amount of funding with established issuance limits is as follows: Yen in millions March 31, 2023 2024 Medium-term notes 5,215,965 4,837,619 Corporate bonds 1,162,511 1,639,953 Commercial paper 1,153,342 1,241,053 Total 7,531,818 7,718,625
Disclosure of Value-At-Risk Analysis Measurement Foreign Currency Positions	Yen in millions VaR Year-end Average Maximum Minimum For the year ended March 31, 2023 381,600 393,175 418,900 369,800 For the year ended March 31, 2024 411,300 403,025 413,800 389,000
Disclosure of Sensitivity Analysis of Fair Value Measurement To Changes in Unobservable Inputs, Assets	Yen in millions For the years ended March 31, 2023 2024 Impact on income before income taxes (42,476 ) (49,799 ) Impact on other comprehensive income, before tax effect (238,820 ) (221,420 )
Finance Leases [Member]
Statements [Line Items]
Disclosure of Net Changes in the Allowance for Credit Losses	The net changes in the allowance for credit losses relating to the finance lease receivables are as follows: Yen in millions For the years ended March 31, 2023 2024 Allowance for credit loss at beginning of year 36,985 36,920 Provision for credit loss, net of reversal 14,926 23,617 Charge-offs (7,233 ) (7,676 ) Other (7,757 ) (5,952 ) Allowance for credit loss at end of year 36,920 46,909
Disclosure of Retail Receivables Segregated into Aging Categories Based on the Numbers of the Days Outstanding	The table below shows the finance lease receivables segregated into aging categories based on the numbers of the days outstanding: Yen in millions March 31, 2023 2024 Current 2,437,467 3,057,602 Past due less than 90 days 46,296 60,316 Past due 90 days or more 19,606 25,506 Total 2,503,369 3,143,424
Trade receivables [Member]
Statements [Line Items]
Disclosure of Net Changes in the Allowance for Credit Losses	The net changes in the allowance for credit losses relating to the retail receivables are as follows: Yen in millions For the year ended March 31, 2023 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 88,125 99,465 42,514 230,104 Provision for credit loss, net of reversal 26,490 59,627 89,456 175,573 Charge-offs — — (91,215 ) (91,215 ) Other (18,895 ) (34,225 ) 13,530 (39,591 ) Allowance for credit loss at end of year 95,720 124,867 54,284 274,871 Yen in millions For the year ended March 31, 2024 Expected credit loss for Lifetime expected credit loss Total Financial receivable not credit-impaired Credit-impaired financial receivable Allowance for credit loss at beginning of year 95,720 124,867 54,284 274,871 Provision for credit loss, net of reversal 34,386 64,742 142,299 241,427 Charge-offs — — (150,458 ) (150,458 ) Other (19,062 ) (41,819 ) 31,193 (29,688 ) Allowance for credit loss at end of year 111,044 147,790 77,318 336,152
Wholesale receivables and other dealer loans [Member]
Statements [Line Items]
Disclosure of Breakdown of Wholesale Receivables and Dealer Loan Receivables	Yen in millions March 31, 2023 Expected credit loss for Lifetime expected credit loss Financial receivable not credit-impaired Credit-impaired financial receivable Total Wholesale and other dealer loan Performing 3,300,629 — — 3,300,629 Credit Watch 47,184 69,086 — 116,270 At Risk — 29,780 6,708 36,487 Default — — 8,034 8,034 Loan commitments 10,704,882 65,053 572 10,770,507 Financial guarantee contracts 3,536,796 37,260 — 3,574,056 Total 17,589,491 201,179 15,314 17,805,983 Yen in millions March 31, 2024 Expected credit loss for Lifetime expected credit loss Financial receivable not credit-impaired Credit-impaired financial receivable Total Wholesale and other dealer loan Performing 4,741,270 — — 4,741,270 Credit Watch 61,078 132,721 — 193,799 At Risk — 45,231 4,258 49,489 Default — — 21,209 21,209 Loan commitments 11,129,604 115,327 781 11,245,712 Financial guarantee contracts 3,200,368 36,964 — 3,237,333 Total 19,132,321 330,243 26,247 19,488,811

Derivative financial instrume_2

Derivative financial instruments (Tables)	12 Months Ended
Derivative financial instruments (Tables)	Mar. 31, 2024
Disclosure of detailed information about hedges [abstract]
Disclosure of Fair Value Measurement of Derivative Assets and Liabilities	The fair values of the derivatives as of March 31, 2023 and 2024 are as follows: Yen in millions March 31, 2023 2024 Derivative assets Derivative financial instruments not designated as hedging instruments: Interest rate and currency swap Current assets - Other financial assets 163,777 180,657 Non-current - Other financial assets 404,593 355,245 Total 568,371 535,901 Foreign exchange forward and option contracts Current assets - Other financial assets 41,969 17,006 Non-current - Other financial assets — 14 Total 41,969 17,019 Total derivative assets 610,340 552,921 Yen in millions March 31, 2023 2024 Derivative financial liabilities Derivative financial instruments not designated as hedging instruments: Interest rate and currency swap Current liabilities - Other financial liabilities (47,044 ) (91,120 ) Non-current - Other financial liabilities (383,184 ) (286,396 ) Total (430,228 ) (377,516 ) Foreign exchange forward and option contracts Current liabilities - Other financial liabilities (26,029 ) (54,086 ) Non-current - Other financial liabilities — (588 ) Total (26,029 ) (54,673 ) Total derivative liabilities (456,257 ) (432,189 )
Disclosure of Derivatives Notional Amount	The amount of underlying notional of derivatives as of March 31, 2023 and 2024 are as follows: Yen in millions March 31, 2023 2024 Derivative financial instruments not designated as hedging instruments: Interest rate and currency swap 25,999,796 31,825,306 Foreign exchange forward and option contracts 3,176,566 4,217,529 Total 29,176,362 36,042,835

Fair value measurements (Tables

Fair value measurements (Tables)	12 Months Ended
Fair value measurements (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Fair Values of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table summarizes the fair values of the assets and liabilities measured at fair value on a recurring basis. Transfers between levels of the fair value are recognized at the date of the event or change in circumstances that caused the transfer: Yen in millions March 31, 2023 Level 1 Level 2 Level 3 Total Other financial assets: Financial assets measured at fair value through profit or loss Public and corporate bonds 98,458 88,989 6,369 193,816 Stocks — — 168,214 168,214 Derivative financial instruments — 610,340 — 610,340 Other 334,071 161,981 — 496,052 Total 432,529 861,310 174,583 1,468,422 Financial assets measured at fair value through other comprehensive income Public and corporate bonds 3,976,333 2,405,823 26,963 6,409,119 Stocks 3,214,720 — 199,060 3,413,780 Other 7,838 — — 7,838 Total 7,198,891 2,405,823 226,023 9,830,736 Other financial liabilities: Financial liabilities measured at fair value through profit or loss Derivative financial instruments — (456,257 ) — (456,257 ) Total — (456,257 ) — (456,257 ) Yen in millions March 31, 2024 Level 1 Level 2 Level 3 Total Other financial assets: Financial assets measured at fair value through profit or loss Public and corporate bonds 105,367 106,169 10,208 221,743 Stocks — — 212,393 212,393 Derivative financial instruments — 552,921 — 552,921 Other . . . . . . . . . . . . . . . . . . . . . . . . 288,071 265,103 — 553,174 Total . . . . . . . . . . . . . . . . . . . . 393,438 924,193 222,601 1,540,232 Financial assets measured at fair value through other comprehensive income Public and corporate bonds 4,245,238 4,013,583 20,962 8,279,783 Stocks 3,641,197 — 188,696 3,829,893 Other . . . . . . . . . . . . . . . . . . . . . . . . 11,537 — — 11,537 Total . . . . . . . . . . . . . . . . . . . . 7,897,972 4,013,583 209,658 12,121,213 Other financial liabilities: Financial liabilities measured at fair value through profit or loss Derivative financial instruments — (432,189 ) — (432,189 ) Total . . . . . . . . . . . . . . . . . . . . — (432,189 ) — (432,189 )
Disclosure of Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table summarizes the changes in Level 3 assets and liabilities measured at fair value on a recurring basis for the years ended March 31, 2023 and 2024: Yen in millions For the year ended March 31, 2023 Public and corporate bonds Stocks Derivative financial Total Balance at beginning of year 21,852 319,294 — 341,146 Total gains (losses) Net income (loss) (71 ) 9,551 — 9,481 Other comprehensive income (loss) — (10,881 ) — (10,881 ) Purchases and issuances — 15,999 — 15,999 Sales and settlements (3,716 ) (14,055 ) — (17,771 ) Transfer to (from) Level 3 5,471 (1,639 ) — 3,832 Others 9,795 49,004 — 58,800 Balance at end of year 33,332 367,274 — 400,606 Unrealized gains or losses included in profit or loss on assets held at March 31 (63 ) 9,551 — 9,489 Total (63 ) 9,551 — 9,489 Yen in millions For the year ended March 31, 2024 Public and corporate bonds Stocks Derivative financial Total Balance at beginning of year 33,332 367,274 — 400,606 Total gains (losses) Net income (loss) 28 22,254 — 22,282 Other comprehensive income (loss) — (6,803 ) — (6,803 ) Purchases and issuances 4,910 27,768 — 32,678 Sales and settlements (6,155 ) (971 ) — (7,126 ) Transfer to (from) Level 3 21 — — 21 Others (967 ) (8,432 ) — (9,399 ) Balance at end of year 31,170 401,089 — 432,259 Unrealized gains or losses included in profit or loss on assets held at March 31 (40 ) 22,254 — 22,214 Total (40 ) 22,254 — 22,214
Disclosure of Carrying Amount And Fair Value of Financial Assets And Liabilities	The following table summarizes the carrying amount and the fair value of financial assets and liabilities measured on an amortized cost basis: Yen in millions March 31, 2023 Fair value Carrying amount Level 1 Level 2 Level 3 Total Receivables related to financial services 24,770,851 — — 24,741,916 24,741,916 Interest-bearing liabilities Long-term debt (Including current portion) 24,333,981 — 18,598,205 5,149,410 23,747,616 Yen in millions March 31, 2024 Fair value Carrying amount Level 1 Level 2 Level 3 Total Receivables related to financial services 31,694,359 — — 31,787,879 31,787,879 Interest-bearing liabilities Long-term debt (Including current portion) 30,611,253 — 23,941,863 6,261,858 30,203,722

Offsetting financial assets a_2

Offsetting financial assets and liabilities (Tables)	12 Months Ended
Offsetting financial assets and liabilities (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Offsetting Financial Assets And Financial Liabilities	Yen in millions March 31, 2023 Gross amounts of recognized financial assets and financial liabilities Amounts not offset Net amount Financial instruments Collateral of financial instruments Other financial assets Derivatives 610,340 (196,423 ) (206,087) 207,830 Other financial liabilities Derivatives 456,257 (196,423 ) (97,794) 162,040 Yen in millions March 31, 2024 Gross amounts of recognized financial assets and financial liabilities Amounts not offset Net amount Financial instruments Collateral of financial instruments Other financial assets Derivatives 552,921 (94,647 ) (130,363 ) 327,911 Other financial liabilities Derivatives 432,189 (94,647 ) (52,497 ) 285,045

Employee benefits (Tables)

Employee benefits (Tables)	12 Months Ended
Employee benefits (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Defined Benefit Plans	The changes in present value of defined benefit obligations and fair value of plan assets are as follows: Yen in millions For the years ended March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Present value of defined benefit obligations: Benefit obligations at beginning of year 2,077,151 1,487,644 1,964,655 1,423,263 Current service cost 87,452 55,000 80,133 45,581 Interest cost 14,816 57,079 21,666 73,014 Remeasurements: Changes in demographic assumptions 2,707 30,743 850 1,337 Changes in financial assumptions (120,279 ) (258,990 ) (74,816 ) (16,818 ) Other (9,673 ) 18,248 (2,926 ) 2,222 Past service cost (1,419 ) 3,405 418 (18 ) Plan participants’ contributions 1,523 3,575 1,143 3,835 Benefits paid (87,624 ) (60,614 ) (90,283 ) (64,789 ) Effect of changes in exchange rates and other — 87,173 (2,501 ) 183,389 Benefit obligations at end of year 1,964,655 1,423,263 1,898,339 1,651,016 Fair value of plan assets: Plan assets at beginning of year 1,844,819 1,224,656 1,840,586 1,109,394 Interest income 13,576 48,386 21,377 73,033 Remeasurement Actual return on plan assets, excluding interest income (8,619 ) (216,474 ) 266,101 (30,407 ) Employer contributions 32,682 16,421 47,459 18,252 Plan participants’ contributions 1,523 3,575 1,143 3,835 Benefits paid (43,397 ) (34,017 ) (47,610 ) (34,845 ) Effect of changes in exchange rates and other — 66,849 (579 ) 145,656 Plan assets at end of year 1,840,586 1,109,394 2,128,476 1,284,918 The impact of minimum funding requirement and asset ceiling — — 268,228 — Net defined benefit liability (asset) 124,069 313,869 38,092 366,098
Disclosure of Funded Defined Benefit Obligation and Unfunded Defined Benefit Obligation	The funded defined benefit obligations and the unfunded defined benefit obligations are as follows: Yen in millions March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Funded defined benefit obligations 1,466,825 1,076,433 1,415,507 1,250,773 Plan assets (1,840,586 ) (1,109,394 ) (2,128,476 ) (1,284,918 ) The impact of minimum funding requirement and asset ceiling — — 268,228 — Subtotal (373,761 ) (32,961 ) (444,741 ) (34,145 ) Unfunded defined benefit obligations 497,830 346,830 482,833 400,243 Total 124,069 313,869 38,092 366,098
Disclosure of Amounts Recognized in the Consolidated Statement of Financial Position are Comprised	The net defined benefit liability (asset) recognized in the consolidated statement of financial position are comprised of the following: Yen in millions March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Retirement benefit liabilities 642,774 422,734 597,641 480,320 Other non-current (518,705 ) (108,865 ) (559,550 ) (114,222 ) Net amount recognized 124,069 313,869 38,092 366,098
Disclosure of Assumptions Used Defined Benefit Provident Fund Plan	The weighted-average discount rates used to determine the present value of defined benefit obligations are as follows: March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans Discount rate 1.1 % 5.0 % 1.4 % 5.2 %
Disclosure of fair value of planned asset	The following table summarizes the fair value of classes of plan assets. Yen in millions March 31, 2023 Japanese plans Foreign plans Quoted prices in active markets Total Quoted prices in active markets Total Available Not available Available Not available Stocks 440,946 — 440,946 177,564 — 177,564 Government bonds 108,570 15 108,585 121,568 — 121,568 Bonds (other) — 84,234 84,234 — 185,395 185,395 Commingled funds — 492,915 492,915 — 394,228 394,228 Insurance contracts — 209,261 209,261 — — — Other 295,452 209,193 504,645 14,520 216,118 230,638 Total 844,968 995,618 1,840,586 313,652 795,742 1,109,394 Yen in millions March 31, 2024 Japanese plans Foreign plans Quoted prices in active Total Quoted prices in active markets Total Available Not available Available Not available Stocks 604,210 — 604,210 151,669 — 151,669 Government bonds 135,912 3 135,915 278,982 — 278,982 Bonds (other) — 92,568 92,568 — 271,917 271,917 Commingled funds — 521,388 521,388 — 399,742 399,742 Insurance contracts — 236,216 236,216 — — — Other . . . . . . . . . . . . . . . . . . . . . . . 288,891 249,288 538,180 17,899 164,708 182,607 Total . . . . . . . . . . . . . . . . . . . 1,029,013 1,099,463 2,128,476 448,550 836,367 1,284,918
Disclosure of Impact of Minimum Funding Requirement and Asset Ceiling	The impact of minimum funding requirement and asset ceiling is as follows: Yen in millions For the years ended March 31, 2023 2024 Japanese Foreign Japanese Foreign Beginning balance of the fiscal year — — — — Interest income — — — — Remeasurements: Change in asset ceiling excluding interest income — — 268,228 — Translation adjustments — — — — Ending balance of the fiscal year — — 268,228 —
Disclosure of Sensitivity Analysis For Actuarial Assumptions Benefit Obligations	The following table illustrates the effects on defined benefit obligations of the change in weighted-average discount rates, assuming all other assumptions are consistent. Yen in millions March 31, 2023 2024 Japanese plans Foreign plans Japanese plans Foreign plans 0.5% decrease 153,466 237,478 144,307 119,443 0.5% increase (131,275 ) (234,242 ) (118,737 ) (113,734 )
Disclosure of Payment of Pension Benefit	The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid: Yen in millions Years ending March 31, Japanese plans Foreign plans 2025 87,572 69,611 2026 89,462 75,552 2027 92,801 80,562 2028 97,610 86,599 2029 95,501 90,578 From 2030 to 2034 462,384 508,984 Total 925,330 911,886

Liabilities for quality assur_2

Liabilities for quality assurance (Tables)	12 Months Ended
Liabilities for quality assurance (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Net Changes in Liabilities for Quality Assurances	The net change in liabilities for quality assurance above for the years ended March 31, 2022, 2023 and 2024 consist of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Liabilities for quality assurance at beginning of year 1,482,872 1,555,711 1,686,357 Additional provisions 362,180 400,419 489,967 Utilization (278,094 ) (229,623 ) (340,872 ) Reversals (32,124 ) (59,758 ) (37,664 ) Other 20,877 19,608 38,526 Liabilities for quality assurance at end of year 1,555,711 1,686,357 1,836,314
Disclosure of Net Changes in Liabilities for Recalls and Other Safety Measures	The table below shows the net changes in liabilities for recalls and other safety measures which are comprised in liabilities for quality assurance above for the years ended March 31, 2022, 2023 and 2024. Yen in millions For the years ended March 31, 2022 2023 2024 Liabilities for recalls and other safety measures at beginning of year 1,093,689 1,171,213 1,194,156 Additional provisions 245,542 231,874 288,278 Utilization (165,482 ) (178,124 ) (188,902 ) Reversals (9,389 ) (35,643 ) (31,248 ) Other 6,853 4,836 9,406 Liabilities for recalls and other safety measures at end of year 1,171,213 1,194,156 1,271,690

Equity and other equity items (

Equity and other equity items (Tables)	12 Months Ended
Equity and other equity items (Tables)	Mar. 31, 2024
Disclosure Of Share Capital Reserves And Other Equity Interest [Abstract]
Summary of Shareholder's Equity and Short-term and Long-term Debt	The amount of Toyota Motor Corporation shareholder’s equity and short-term and long-term debt are as follows: Yen in millions March 31, 2023 2024 Toyota Motor Corporation Shareholders’ equity 28,338,706 34,220,991 Short-term and long-term debt 29,380,273 36,561,780
Disclosure of Classes of Share Capital	The changes in the shares of common stock issued are as follows: For the years ended March 31, 2022 2023 2024 Common stock issued: Balance at beginning of year 3,262,997,492 16,314,987,460 16,314,987,460 Changes during the year 13,051,989,968 — — Balance at end of year 16,314,987,460 16,314,987,460 16,314,987,460
Disclosure of Matters Relating to Repurchase	Details of matters relating to repurchase - Number of common shares repurchased 96,196,900 shares Total purchase price for repurchase of shares ¥400,000 million Details of matters relating to repurchase - Number of common shares repurchased 2,111,000 shares Total purchase price for repurchase of shares ¥4,607 million Details of matters relating to repurchase - Number of common shares repurchased 44,114,900 shares Total purchase price for repurchase of shares ¥95,392 million Details of matters relating to repurchase - Number of common shares repurchased 169,429,000 shares Total purchase price for repurchase of shares ¥335,685 million Details of matters relating to repurchase - Number of common shares repurchased 64,590,700 shares Total purchase price for repurchase of shares ¥150,000 million Details of matters relating to repurchase - Number of common shares repurchased 26,880,600 shares Total purchase price for repurchase of shares ¥81,037 million
Disclosure Of Detailed Information About Other Components Of Equity	Other components of equity are as follows: Yen in millions Net changes in Remeasurements of Exchange Total Balance at April 01, 2021 1,295,351 — 12,375 1,307,726 Other comprehensive income, net of (103,131 ) 151,243 1,095,017 1,143,129 Reclassification to retained earnings (59,110 ) (149,602 ) — (208,712 ) Other comprehensive income for the period attributable to non-controlling 1,561 (1,640 ) (38,810 ) (38,889 ) Balance at March 31, 2022 1,134,671 — 1,068,583 2,203,254 Other comprehensive income, net of (105,435 ) 82,020 851,129 827,713 Reclassification to retained earnings (94,233 ) (72,598 ) — (166,831 ) Other comprehensive income for the period attributable to non-controlling (1,300 ) (9,422 ) (17,219 ) (27,941 ) Balance at March 31, 2023 933,702 — 1,902,493 2,836,195 Other comprehensive income, net of 716,048 56,434 1,344,621 2,117,103 Reclassification to retained earnings (341,709 ) (45,625 ) — (387,334 ) Other comprehensive income for the period attributable to non-controlling interests (7,186 ) (10,809 ) (44,213 ) (62,208 ) Balance at March 31, 2024 1,300,855 — 3,202,901 4,503,756
Disclosure Of Detailed Information About Other Comprehensive Income And The Corresponding Tax Benefits	The breakdown of other comprehensive income and the corresponding tax benefits (including non-controlling Yen in millions For the year ended Before tax Tax effect After tax Items that will not be reclassified to profit (loss) Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year (71,641 ) 22,399 (49,242 ) Net changes (71,641 ) 22,399 (49,242 ) Remeasurements of defined benefit plans Amount incurred during the year 188,239 (51,989 ) 136,250 Net changes 188,239 (51,989 ) 136,250 Shares of other comprehensive income of equity method investees Amount incurred during the year 113,641 — 113,641 Net changes 113,641 — 113,641 Items that may be reclassified subsequently to profit (loss) Exchange differences on translating foreign operations Amount incurred during the year 902,844 — 902,844 Reclassification to profit (loss) — — — Net changes 902,844 — 902,844 Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year (220,711 ) 66,536 (154,175 ) Reclassification to profit (loss) 1 (0 ) 1 Net changes (220,710 ) 66,536 (154,174 ) Shares of other comprehensive income of equity method investees Amount incurred during the year 193,811 — 193,811 Reclassification to profit (loss) — — — Net changes 193,811 — 193,811 Total other comprehensive income 1,106,184 36,945 1,143,129 Yen in millions For the year ended Before Tax After Items that will not be reclassified to profit (loss) Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year 144,160 (44,936 ) 99,223 Net changes 144,160 (44,936 ) 99,223 Remeasurements of defined benefit plans Amount incurred during the year 112,151 (46,998 ) 65,153 Net changes 112,151 (46,998 ) 65,153 Shares of other comprehensive income of equity method investees Amount incurred during the year (77,148 ) — (77,148 ) Net changes (77,148 ) — (77,148 ) Items that may be reclassified subsequently to profit (loss) Exchange differences on translating foreign operations Amount incurred during the year 676,042 — 676,042 Reclassification to profit (loss) — — — Net changes 676,042 — 676,042 Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year (165,477 ) 49,738 (115,738 ) Reclassification to profit (loss) — — — Net changes (165,477 ) 49,738 (115,738 ) Shares of other comprehensive income of equity method investees Amount incurred during the year 180,181 — 180,181 Reclassification to profit (loss) — — — Net changes 180,181 — 180,181 Total other comprehensive income 869,909 (42,196 ) 827,713 Yen in millions For the year ended Before Tax After Items that will not be reclassified to profit (loss) Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year 806,365 (248,826 ) 557,539 Net changes 806,365 (248,826 ) 557,539 Remeasurements of defined benefit plans Amount incurred during the year 57,616 (11,289 ) 46,328 Net changes 57,616 (11,289 ) 46,328 Shares of other comprehensive income of equity method investees Amount incurred during the year 156,118 — 156,118 Net changes 156,118 — 156,118 Items that may be reclassified subsequently to profit (loss) Exchange differences on translating foreign operations Amount incurred during the year 1,178,875 — 1,178,875 Reclassification to profit (loss) — — — Net changes 1,178,875 — 1,178,875 Net changes in revaluation of financial assets measured at fair value through other comprehensive income Amount incurred during the year 33,256 (10,459 ) 22,797 Reclassification to profit (loss) (15,267 ) 4,717 (10,550 ) Net changes 17,989 (5,742 ) 12,247 Shares of other comprehensive income of equity method investees Amount incurred during the year 182,576 — 182,576 Reclassification to profit (loss) (16,579 ) — (16,579 ) Net changes 165,996 — 165,996 Total other comprehensive income 2,382,959 (265,856 ) 2,117,103
Disclosure Of Detailed Information About Dividends Paid	For the year ended March 31, 2022 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 12, 2021 Common shares 377,453 135.00 March 31, 2021 May 28, 2021 The Board of Directors Meeting on November 4, 2021 Common shares 332,419 120.00 September 30, 2021 November 25, 2021 On October 1, 2021, TMC effected a five-for-one For the year ended March 31, 2023 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 11, 2022 Common shares 385,792 28.00 March 31, 2022 May 27, 2022 The Board of Directors Meeting on November 1, 2022 Common shares 342,187 25.00 September 30, 2022 November 22, 2022 For the year ended March 31, 2024 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 10, 2023 Common shares 474,781 35.00 March 31, 2023 May 26, 2023 The Board of Directors Meeting on November 1, 2023 Common shares 405,416 30.00 September 30, 2023 November 22, 2023 Dividends of which record date falls within the year ended March 31, and effective date is after the year ended March 31 are as follows: For the year ended March 31, 2024 Resolution Type of shares Total amount (yen in millions) Dividend per share (yen) Record date Effective date The Board of Directors Meeting on May 8, 2024 Common shares 606,338 45.00 March 31, 2024 May 24, 2024

Sales revenues (Tables)

Sales revenues (Tables)	12 Months Ended
Sales revenues (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Sales Revenues From External Customers By Business And By Product Category	The table below shows Toyota’s sales revenues from external customers by business and by product category. Yen in millions For the years ended March 31 2022 2023 2024 Sales of products Automotive Vehicles 23,739,442 28,394,256 35,249,865 Parts and components for production 1,504,215 1,710,422 1,596,111 Parts and components for after service 2,407,143 2,866,196 3,166,586 Other 881,193 805,995 1,068,169 Total automotive 28,531,993 33,776,870 41,080,731 All other 541,436 590,749 567,399 Total sales of products 29,073,428 34,367,619 41,648,130 Financial services 2,306,079 2,786,679 3,447,195 Total sales revenues 31,379,507 37,154,298 45,095,325
Disclosure of Breakdown Of Income From Leases Included in Finance Income From Finance Business	The breakdown of income from leases included in financial service revenues is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Finance leases Financial income related to net lease investment 134,512 164,820 208,257 Operating leases 1,093,545 1,169,018 1,207,719 Total 1,228,057 1,333,838 1,415,975
Disclosure of Breakdown Of Contract Liabilities	Contract liabilities consist of the following: Yen in millions April 1, 2022 March 31, 2023 2024 Contract liabilities 989,959 1,068,212 1,392,390

Research and development cost (

Research and development cost (Tables)	12 Months Ended
Research and development cost (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Breakdown of Research and Development Expense	Research and development costs consist of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Research and development expenditures incurred during the year 1,124,262 1,241,686 1,202,373 Amount capitalized (200,512 ) (181,634 ) (124,788 ) Amortization of capitalized development costs 167,926 164,512 160,686 Total 1,091,675 1,224,564 1,238,271

Other finance income and costs

Other finance income and costs (Tables)	12 Months Ended
Other finance income and costs (Tables)	Mar. 31, 2024
Disclosure of Other finance income and costs [Abstract]
Disclosure of Other Finance Income and Costs	Other finance income and costs consist of the following: Yen in millions For the years ended March 31, 2022 2023 2024 Other finance income Interest income Financial assets measured at amortized cost 16,920 101,737 289,035 Financial assets measured at fair value through other comprehensive income 84,592 132,365 165,653 Dividend income Financial assets measured at fair value through other comprehensive income 94,833 109,308 127,178 Other 138,416 35,939 165,370 Total 334,760 379,350 747,236 Other finance costs Interest expense Financial liabilities measured at amortized cost (32,458 ) (47,356 ) (64,733 ) Other (11,539 ) (77,757 ) (38,975 ) Total (43,997 ) (125,113 ) (103,709 )

Earnings per share (Tables)

Earnings per share (Tables)	12 Months Ended
Earnings per share (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of the Difference Between Basic And Diluted Earnings Per Share	Reconciliation of the difference between basic and diluted earnings per share attributable to Toyota Motor Corporation are as follows: Yen in millions Thousands of shares Yen Net income attributable to Toyota Weighted-average common shares Earnings per share attributable to Toyota For the year ended March 31, 2022 Net income attributable to Toyota Motor Corporation 2,850,110 Basic earnings per share attributable to Toyota Motor Corporation 2,850,110 13,887,348 205.23 Effect of dilutive securities Model AA Class Shares 23 311 Diluted earnings per share attributable to Toyota Motor Corporation 2,850,132 13,887,659 205.23 For the year ended March 31, 2023 Net income attributable to Toyota Motor Corporation 2,451,318 Basic earnings per share attributable to Toyota Motor Corporation 2,451,318 13,658,382 179.47 Effect of dilutive securities Model AA Class Shares — — Diluted earnings per share attributable to Toyota Motor Corporation 2,451,318 13,658,382 179.47 For the year ended March 31, 2024 Net income attributable to Toyota Motor Corporation 4,944,933 Basic earnings per share attributable to Toyota Motor Corporation 4,944,933 13,512,848 365.94 Effect of dilutive securities Model AA Class Shares — — Diluted earnings per share attributable to Toyota Motor Corporation 4,944,933 13,512,848 365.94
Disclosure of Shareholders' Equity Per Share	The following table shows Toyota Motor Corporation shareholders’ equity per share. Toyota Motor Corporation shareholders’ equity per share amounts are calculated by dividing Toyota Motor Corporation shareholders’ equity in the consolidated statement of financial position by common shares issued and outstanding at the end of the year (excluding treasury stock). Yen in millions Thousands of shares Yen Toyota Motor Corporation shareholders’ equity Common shares issued and outstanding at the end of the year (excluding treasury stock) Toyota Motor Corporation shareholders’ equity per share As of March 31, 2023 28,338,706 13,565,180 2,089.08 As of March 31, 2024 34,220,991 13,474,172 2,539.75

Related party transactions (Ta

Related party transactions (Tables)	12 Months Ended
Related party transactions (Tables)	Mar. 31, 2024
Text block 1 [Abstract]
Disclosure of Balances and Turnover of Receivables and Payables with Associates and Joint Ventures Accounted For Under the Equity Method	The balances and turnover of receivables and payables with associates and joint ventures accounted for under the equity method are as follows: Yen in millions March 31, 2023 2024 Trade accounts and other receivables Associates 447,400 464,728 Joint ventures 85,275 145,077 Total 532,674 609,805 Trade accounts and other payables Associates 1,459,209 1,423,147 Joint ventures 695 9,668 Total 1,459,904 1,432,815
Disclosure of Related Party Transactions	Yen in millions For the years ended March 31, 2022 2023 2024 Sales revenues Associates 1,948,681 2,821,963 3,137,067 Joint ventures 413,703 722,278 662,202 Total 2,362,384 3,544,240 3,799,268 Cost of products sold (purchases) Associates 7,946,788 9,891,804 12,426,770 Joint ventures 308 59,703 75,042 Total 7,947,095 9,951,507 12,501,811
Disclosure of Key Management Compensation	The compensation for the directors and audit & supervisory board members of TMC is as follows: Yen in millions For the years ended March 31, 2022 2023 2024 Base compensation 1,083 1,226 1,107 Bonus 196 397 1,054 Share compensation 772 808 1,862 Total 2,051 2,430 4,024

Material accounting policies -

Material accounting policies - Additional Information (Detail)	12 Months Ended
	Mar. 31, 2024
Other intangible assets [Member]
Statements [Line Items]
Estimated useful lives of intangible assets	5 years
Bottom of range [Member] \| Buildings [Member]
Statements [Line Items]
Estimated useful lives of property, plant and equipment	2 years
Bottom of range [Member] \| Machinery and equipment [Member]
Statements [Line Items]
Estimated useful lives of property, plant and equipment	2 years
Bottom of range [Member] \| Vehicles and equipment on operating leases [Member]
Statements [Line Items]
Estimated useful lives of property, plant and equipment	2 years
Bottom of range [Member] \| Capitalised development cost [Member]
Statements [Line Items]
Estimated useful lives of intangible assets	5 years
Top of range [Member] \| Buildings [Member]
Statements [Line Items]
Estimated useful lives of property, plant and equipment	65 years
Top of range [Member] \| Machinery and equipment [Member]
Statements [Line Items]
Estimated useful lives of property, plant and equipment	20 years
Top of range [Member] \| Vehicles and equipment on operating leases [Member]
Statements [Line Items]
Estimated useful lives of property, plant and equipment	5 years
Top of range [Member] \| Capitalised development cost [Member]
Statements [Line Items]
Estimated useful lives of intangible assets	10 years

Material accounting policies _2

Material accounting policies - Summary of New accounting standards and interpretations not yet adopted (Detail)	12 Months Ended
	Mar. 31, 2024
Text block 1 [Abstract]
Standards	IFRS 18
Mandatory adoption date ((from fiscal years beginning on or after)	Jan. 01, 2027
Reporting periods in which Toyota is scheduled to adopt the standards	Mar. 31, 2028
Overview of new or amended standards and interpretations	Improved comparability in the statement of profit or loss (income statement) Enhanced transparency of management-defined performance measures More useful grouping of information in the financial statements

Segment Information - Summary o

Segment Information - Summary of Operating Segments (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of operating segments [line items]
Sales revenues	¥ 45,095,325	¥ 37,154,298	¥ 31,379,507
Operating expenses	39,742,390	34,429,273	28,383,811
Operating income	5,352,934	2,725,025	2,995,697
Total assets	90,114,296	74,303,180	67,688,771
Investments accounted for using the equity method	5,710,106	5,227,345	4,837,895
Depreciation and amortization	2,087,066	2,039,904	1,821,880
Capital expenditures	4,848,042	3,496,219	3,611,587
Automotive [Member]
Disclosure of operating segments [line items]
Sales revenues	41,266,204	33,820,000	28,605,738
Operating expenses	36,644,729	31,639,363	26,321,448
Operating income	4,621,475	2,180,637	2,284,290
Total assets	29,351,344	26,321,858	24,341,737
Investments accounted for using the equity method	5,114,364	4,717,231	4,354,085
Depreciation and amortization	1,268,479	1,205,687	1,026,834
Capital expenditures	2,011,361	1,688,114	1,422,429
Financial services [Member]
Disclosure of operating segments [line items]
Sales revenues	3,484,198	2,809,647	2,324,026
Operating expenses	2,914,175	2,372,131	1,667,025
Operating income	570,023	437,516	657,001
Total assets	43,834,183	35,525,441	31,681,472
Investments accounted for using the equity method	110,308	92,903	79,414
Depreciation and amortization	784,013	799,156	761,801
Capital expenditures	2,763,931	1,786,373	2,156,339
All other [Member]
Disclosure of operating segments [line items]
Sales revenues	1,368,164	1,224,943	1,129,876
Operating expenses	1,192,923	1,121,492	1,087,575
Operating income	175,241	103,451	42,302
Total assets	3,011,363	2,946,994	3,091,011
Investments accounted for using the equity method	282,888	272,752	258,750
Depreciation and amortization	34,574	35,062	33,245
Capital expenditures	103,242	38,748	51,200
Inter-segment Elimination/Unallocated Amount [Member]
Disclosure of operating segments [line items]
Sales revenues	(1,023,242)	(700,293)	(680,133)
Operating expenses	(1,009,437)	(703,713)	(692,237)
Operating income	(13,805)	3,420	12,104
Total assets	13,917,406	9,508,887	8,574,551
Investments accounted for using the equity method	202,546	144,460	145,646
Capital expenditures	(30,492)	(17,015)	(18,381)
Revenues from external customers [Member]
Disclosure of operating segments [line items]
Sales revenues	45,095,325	37,154,298	31,379,507
Revenues from external customers [Member] \| Automotive [Member]
Disclosure of operating segments [line items]
Sales revenues	41,080,731	33,776,870	28,531,993
Revenues from external customers [Member] \| Financial services [Member]
Disclosure of operating segments [line items]
Sales revenues	3,447,195	2,786,679	2,306,079
Revenues from external customers [Member] \| All other [Member]
Disclosure of operating segments [line items]
Sales revenues	567,399	590,749	541,436
Inter-segment revenues and transfers [Member] \| Automotive [Member]
Disclosure of operating segments [line items]
Sales revenues	185,473	43,131	73,745
Inter-segment revenues and transfers [Member] \| Financial services [Member]
Disclosure of operating segments [line items]
Sales revenues	37,003	22,968	17,947
Inter-segment revenues and transfers [Member] \| All other [Member]
Disclosure of operating segments [line items]
Sales revenues	800,766	634,194	588,441
Inter-segment revenues and transfers [Member] \| Inter-segment Elimination/Unallocated Amount [Member]
Disclosure of operating segments [line items]
Sales revenues	¥ (1,023,242)	¥ (700,293)	¥ (680,133)

Segment Information - Summary_2

Segment Information - Summary of Balance Sheet Segment (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Current assets
Cash and cash equivalents	¥ 9,412,060	¥ 7,516,966	¥ 6,113,655	¥ 5,100,857
Trade accounts and other receivable	3,789,429	3,586,130
Receivables related to financial services	11,057,269	8,279,806
Other financial assets	4,702,168	1,715,675
Inventories	4,605,368	4,255,614
Other current assets	1,031,098	886,885
Total current assets	34,714,279	26,459,781
Non-current assets
Receivables related to financial services	20,637,090	16,491,045
Property, plant and equipment	14,257,788	12,633,974
Total non-current assets	55,400,017	47,843,399
Total assets	90,114,296	74,303,180	67,688,771
Current liabilities
Trade accounts and other payables	5,251,357	4,986,309
Short-term and current portion of long-term debt	15,406,284	12,305,639
Accrued expenses	1,863,760	1,552,345
Income taxes payable	1,224,542	404,606
Total current liabilities	29,177,909	23,959,715
Non-current liabilities
Long-term debt	21,155,496	17,074,634
Retirement benefit liabilities	1,077,962	1,065,508
Total non-current liabilities	25,697,049	21,079,251
Total liabilities	54,874,958	45,038,967
Shareholders' equity
(Consolidated) Total Toyota Motor Corporation shareholders' equity	34,220,991	28,338,706
(Consolidated) Non-controlling interests	1,018,347	925,507
(Consolidated) Total shareholders' equity	35,239,338	29,264,213	27,154,820	24,288,329
(Consolidated) Total liabilities and shareholders' equity	90,114,296	74,303,180
Non-Financial Services Businesses [Member]
Current assets
Cash and cash equivalents	6,892,817	5,548,398	4,299,522	3,274,149
Trade accounts and other receivable	3,768,520	3,594,057
Other financial assets	3,864,242	849,779
Inventories	4,605,368	4,255,614
Other current assets	805,940	749,078
Total current assets	19,936,887	14,996,926
Non-current assets
Property, plant and equipment	8,680,731	7,729,000
Other	19,123,829	17,337,727
Total non-current assets	27,804,560	25,066,727
Total assets	47,741,447	40,063,653
Current liabilities
Trade accounts and other payables	4,890,913	4,689,034
Short-term and current portion of long-term debt	929,662	1,170,114
Accrued expenses	1,750,221	1,446,697
Income taxes payable	1,185,678	361,000
Other current liabilities	3,583,929	3,266,095
Total current liabilities	12,340,403	10,932,939
Non-current liabilities
Long-term debt	1,938,535	1,553,622
Retirement benefit liabilities	1,058,742	1,047,430
Other non-current liabilities	2,545,491	1,867,028
Total non-current liabilities	5,542,768	4,468,080
Total liabilities	17,883,171	15,401,019
Financial Services Business [Member]
Current assets
Cash and cash equivalents	2,519,244	1,968,568	1,814,133	¥ 1,826,707
Trade accounts and other receivable	382,007	286,960
Receivables related to financial services	11,057,269	8,279,806
Other financial assets	1,575,059	1,680,242
Other current assets	352,918	362,660
Total current assets	15,886,497	12,578,237
Non-current assets
Receivables related to financial services	20,637,090	16,491,045
Property, plant and equipment	5,577,058	4,904,975
Other	1,733,539	1,551,183
Total non-current assets	27,947,687	22,947,204
Total assets	43,834,183	35,525,441	¥ 31,681,472
Current liabilities
Trade accounts and other payables	651,381	547,511
Short-term and current portion of long-term debt	14,890,892	11,583,602
Accrued expenses	148,767	128,994
Income taxes payable	38,864	43,607
Other current liabilities	2,219,104	1,841,562
Total current liabilities	17,949,008	14,145,275
Non-current liabilities
Long-term debt	19,356,672	15,627,943
Retirement benefit liabilities	19,220	18,078
Other non-current liabilities	1,131,501	1,135,862
Total non-current liabilities	20,507,393	16,781,883
Total liabilities	38,456,401	30,927,158
Elimination of assets and liabilities [Member]
Non-current assets
Total assets	(1,461,335)	(1,285,914)
Non-current liabilities
Total liabilities	¥ (1,464,614)	¥ (1,289,211)

Segment Information - Additiona

Segment Information - Additional Information (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of operating segments [line items]
Total assets	¥ 90,114,296	¥ 74,303,180	¥ 67,688,771
Unallocated amounts [Member]
Disclosure of operating segments [line items]
Total assets	¥ 15,790,074	¥ 11,101,175	¥ 10,020,460

Segment Information - Summary_3

Segment Information - Summary of Segment Statement of Operations (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of operating segments line items [Line Items]
Sales revenues	¥ 45,095,325	¥ 37,154,298	¥ 31,379,507
Selling, general and administrative	4,015,383	3,587,990	2,975,977
Operating income	5,352,934	2,725,025	2,995,697
Other income (loss), net	17,918	(78,109)	(72,461)
Income before income taxes	6,965,085	3,668,733	3,990,532
Income tax expense	1,893,665	1,175,765	1,115,918
Net income	5,071,421	2,492,967	2,874,614
Net income attributable to Toyota Motor Corporation	4,944,933	2,451,318	2,850,110
Net income attributable to Non-controlling interests	126,488	41,650	24,504
Net income (Consolidated) [Member]
Disclosure of operating segments line items [Line Items]
Net income	5,071,421	2,492,967	2,874,614
Net income attributable to Toyota Motor Corporation	4,944,933	2,451,318	2,850,110
Net income attributable to Non-controlling interests	126,488	41,650	24,504
Non-Financial Services Businesses [Member]
Disclosure of operating segments line items [Line Items]
Sales revenues	41,832,663	34,409,011	29,104,564
Cost of revenues	33,763,076	29,132,715	24,250,860
Selling, general and administrative	3,278,135	2,990,316	2,518,182
Operating income	4,791,453	2,285,980	2,335,522
Other income (loss), net	1,608,345	943,777	998,001
Income before income taxes	6,399,798	3,229,757	3,333,522
Income tax expense	1,741,885	1,040,864	944,594
Net income	4,657,913	2,188,893	2,388,928
Net income attributable to Toyota Motor Corporation	4,540,311	2,152,509	2,369,399
Net income attributable to Non-controlling interests	117,602	36,384	19,529
Non-Financial Services Businesses [Member] \| Net income [Member]
Disclosure of operating segments line items [Line Items]
Net income	4,657,913	2,188,893	2,388,928
Financial Services Business [Member]
Disclosure of operating segments line items [Line Items]
Sales revenues	3,484,198	2,809,647	2,324,026
Cost of revenues	2,145,694	1,741,117	1,178,509
Selling, general and administrative	768,481	631,014	488,517
Operating income	570,023	437,516	657,001
Other income (loss), net	1,762	(5,013)	16
Income before income taxes	571,786	432,503	657,017
Income tax expense	151,785	134,903	171,327
Net income	420,000	297,600	485,690
Net income attributable to Toyota Motor Corporation	411,114	292,334	480,716
Net income attributable to Non-controlling interests	8,886	5,266	4,974
Financial Services Business [Member] \| Elimination of net income [Member]
Disclosure of operating segments line items [Line Items]
Net income	(6,492)	6,475	(4)
Financial Services Business [Member] \| Net income [Member]
Disclosure of operating segments line items [Line Items]
Net income	¥ 420,000	¥ 297,600	¥ 485,690

Segment Information - Summary_4

Segment Information - Summary of Statement of Cash Flows Business (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net income	¥ 5,071,421	¥ 2,492,967	¥ 2,874,614
Depreciation and amortization	2,087,066	2,039,904	1,821,880
Share of profit (loss) of investments accounted for using the equity method	(763,137)	(643,063)	(560,346)
Income tax expense	1,893,665	1,175,765	1,115,918
Interest received	2,292,156	1,516,404	835,739
Dividends received	587,259	460,351	347,387
Interest paid	(1,148,392)	(593,216)	(418,043)
Income taxes paid, net of refunds	(1,124,322)	(1,297,224)	(809,763)
Net cash provided by (used in) operating activities	4,206,373	2,955,076	3,722,615
Cash flows from investing activities
Additions to fixed assets excluding equipment leased to others	(1,846,447)	(1,450,196)	(1,197,266)
Additions to equipment leased to others	(2,867,660)	(1,907,356)	(2,286,893)
Proceeds from sales of fixed assets excluding equipment leased to others	154,985	56,436	37,749
Proceeds from sales of equipment leased to others	2,008,634	1,659,161	1,542,132
Additions to intangible assets	(334,287)	(348,280)	(346,085)
Additions to public and corporate bonds and stocks	(2,972,779)	(1,150,214)	(2,427,911)
Other, net	(1,392,565)	207,829	1,898,143
Net cash provided by (used in) investing activities	(4,998,751)	(1,598,890)	(577,496)
Cash flows from financing activities
Increase (decrease) in short-term debt	401,740	239,689	(579,216)
Proceeds from long-term debt	12,057,349	9,276,918	8,122,678
Payments of long-term debt	(8,752,329)	(8,353,033)	(8,843,665)
Dividends paid to Toyota Motor Corporation common shareholders	(880,197)	(727,980)	(709,872)
Dividends paid to non-controlling interests	(90,309)	(84,986)	(51,723)
Other, net	(7,627)	24,310
Net cash provided by (used in) financing activities	2,497,558	(56,180)	(2,466,516)
Effect of exchange rate changes on cash and cash equivalents	189,914	103,305	334,195
Net increase (decrease) in cash and cash equivalents	1,895,094	1,403,311	1,012,798
Cash and cash equivalents at beginning of year	7,516,966	6,113,655	5,100,857
Cash and cash equivalents at end of year	9,412,060	7,516,966	6,113,655
Non-Financial Services Businesses [Member]
Cash flows from operating activities
Net income	4,657,913	2,188,893	2,388,928
Depreciation and amortization	1,303,053	1,240,749	1,060,079
Share of profit (loss) of investments accounted for using the equity method	(752,779)	(633,324)	(552,515)
Income tax expense	1,741,885	1,040,864	944,594
Changes in operating assets and liabilities, and other	120,731	463,871	(572,082)
Interest received	454,713	234,945	100,118
Dividends received	582,022	454,752	342,646
Interest paid	(104,008)	(28,206)	(40,780)
Income taxes paid, net of refunds	(1,033,448)	(1,280,341)	(544,887)
Net cash provided by (used in) operating activities	6,970,082	3,682,203	3,126,101
Cash flows from investing activities
Additions to fixed assets excluding equipment leased to others	(1,815,239)	(1,439,724)	(1,186,900)
Additions to equipment leased to others	(153,324)	(147,792)	(151,456)
Proceeds from sales of fixed assets excluding equipment leased to others	152,830	54,572	36,219
Proceeds from sales of equipment leased to others	47,557	44,195	45,183
Additions to intangible assets	(317,606)	(333,295)	(335,436)
Additions to public and corporate bonds and stocks	(2,639,166)	(503,977)	(1,904,588)
Proceeds from sales of public and corporate bonds and stocks and upon maturity of public and corporate bonds	1,757,282	892,814	1,989,345
Other, net	(1,386,377)	236,351	1,856,069
Net cash provided by (used in) investing activities	(4,354,045)	(1,196,856)	348,436
Cash flows from financing activities
Increase (decrease) in short-term debt	66,953	142,688	(164,899)
Proceeds from long-term debt	533,333	474,535	513,371
Payments of long-term debt	(634,215)	(637,982)	(1,818,653)
Dividends paid to Toyota Motor Corporation common shareholders	(880,197)	(727,980)	(709,872)
Dividends paid to non-controlling interests	(85,991)	(79,782)	(49,629)
Reissuance (repurchase) of treasury stock	(231,069)	(431,099)	(404,718)
Other, net	(7,570)	21,458
Net cash provided by (used in) financing activities	(1,238,756)	(1,238,161)	(2,634,401)
Effect of exchange rate changes on cash and cash equivalents	(32,862)	1,690	185,237
Net increase (decrease) in cash and cash equivalents	1,344,419	1,248,876	1,025,373
Cash and cash equivalents at beginning of year	5,548,398	4,299,522	3,274,149
Cash and cash equivalents at end of year	6,892,817	5,548,398	4,299,522
Financial Services Business [Member]
Cash flows from operating activities
Net income	420,000	297,600	485,690
Depreciation and amortization	784,013	799,156	761,801
Interest income and interest costs related to financial services, net	(734,880)	(703,971)	(360,837)
Share of profit (loss) of investments accounted for using the equity method	(10,357)	(9,739)	(7,831)
Income tax expense	151,785	134,903	171,327
Changes in operating assets and liabilities, and other	(4,100,301)	(1,958,779)	(623,051)
Interest received	1,858,816	1,291,100	742,364
Dividends received	5,236	5,599	4,740
Interest paid	(1,065,757)	(574,650)	(384,006)
Income taxes paid, net of refunds	(90,874)	(16,883)	(264,876)
Net cash provided by (used in) operating activities	(2,782,318)	(735,664)	525,321
Cash flows from investing activities
Additions to fixed assets excluding equipment leased to others	(31,208)	(10,472)	(10,366)
Additions to equipment leased to others	(2,714,336)	(1,759,564)	(2,135,437)
Proceeds from sales of fixed assets excluding equipment leased to others	2,155	1,865	1,530
Proceeds from sales of equipment leased to others	1,961,077	1,614,965	1,496,949
Additions to intangible assets	(16,680)	(14,985)	(10,650)
Additions to public and corporate bonds and stocks	(333,613)	(646,237)	(523,323)
Proceeds from sales of public and corporate bonds and stocks and upon maturity of public and corporate bonds	494,085	440,915	213,291
Other, net	14,732	(30,385)	113,635
Net cash provided by (used in) investing activities	(623,788)	(403,898)	(854,370)
Cash flows from financing activities
Increase (decrease) in short-term debt	339,666	171,293	(488,495)
Proceeds from long-term debt	11,620,147	8,892,261	7,800,854
Payments of long-term debt	(8,221,432)	(7,868,820)	(7,142,750)
Dividends paid to non-controlling interests	(4,318)	(5,204)	(2,094)
Other, net	(57)	2,853
Net cash provided by (used in) financing activities	3,734,005	1,192,382	167,516
Effect of exchange rate changes on cash and cash equivalents	222,776	101,615	148,958
Net increase (decrease) in cash and cash equivalents	550,675	154,436	(12,575)
Cash and cash equivalents at beginning of year	1,968,568	1,814,133	1,826,707
Cash and cash equivalents at end of year	¥ 2,519,244	¥ 1,968,568	¥ 1,814,133

Segment Information - Summary_5

Segment Information - Summary of Geographical Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of geographical areas [line items]
Sales revenues	¥ 45,095,325	¥ 37,154,298	¥ 31,379,507
Operating expenses	39,742,390	34,429,273	28,383,811
Operating income	5,352,934	2,725,025	2,995,697
Total assets	90,114,296	74,303,180	67,688,771
Non-current assets	16,486,260	14,553,580	14,158,559
Revenues from external customers [Member]
Disclosure of geographical areas [line items]
Sales revenues	45,095,325	37,154,298	31,379,507
Japan [Member]
Disclosure of geographical areas [line items]
Sales revenues	21,020,721	17,583,196	15,991,436
Operating expenses	17,536,451	15,681,733	14,567,991
Operating income	3,484,270	1,901,463	1,423,445
Total assets	24,711,142	23,241,334	21,502,155
Non-current assets	5,827,404	5,658,859	5,501,046
Japan [Member] \| Revenues from external customers [Member]
Disclosure of geographical areas [line items]
Sales revenues	10,193,556	9,122,282	8,214,740
Japan [Member] \| Inter-segment revenues and transfers [Member]
Disclosure of geographical areas [line items]
Sales revenues	10,827,165	8,460,914	7,776,696
North America [Member]
Disclosure of geographical areas [line items]
Sales revenues	17,943,072	13,843,901	11,166,479
Operating expenses	17,436,753	13,918,637	10,600,695
Operating income	506,319	(74,736)	565,784
Total assets	31,886,959	26,024,734	23,353,812
Non-current assets	7,374,724	6,255,561	6,251,499
North America [Member] \| Revenues from external customers [Member]
Disclosure of geographical areas [line items]
Sales revenues	17,624,268	13,509,027	10,897,946
North America [Member] \| Inter-segment revenues and transfers [Member]
Disclosure of geographical areas [line items]
Sales revenues	318,805	334,874	268,534
Europe [Member]
Disclosure of geographical areas [line items]
Sales revenues	5,681,764	4,273,735	3,867,847
Operating expenses	5,293,668	4,216,276	3,704,874
Operating income	388,096	57,460	162,973
Total assets	8,749,680	6,813,474	5,711,271
Non-current assets	1,407,680	1,042,726	891,146
Europe [Member] \| Revenues from external customers [Member]
Disclosure of geographical areas [line items]
Sales revenues	5,503,738	4,097,537	3,692,214
Europe [Member] \| Inter-segment revenues and transfers [Member]
Disclosure of geographical areas [line items]
Sales revenues	178,026	176,198	175,633
Asia [Member]
Disclosure of geographical areas [line items]
Sales revenues	8,730,749	8,044,906	6,530,566
Operating expenses	7,865,158	7,330,455	5,858,216
Operating income	865,591	714,451	672,350
Total assets	9,096,282	7,908,520	7,461,812
Non-current assets	1,190,348	1,031,057	977,235
Asia [Member] \| Revenues from external customers [Member]
Disclosure of geographical areas [line items]
Sales revenues	7,604,269	7,076,922	5,778,115
Asia [Member] \| Inter-segment revenues and transfers [Member]
Disclosure of geographical areas [line items]
Sales revenues	1,126,479	967,984	752,452
Other [Member]
Disclosure of geographical areas [line items]
Sales revenues	4,389,785	3,472,193	2,928,183
Operating expenses	4,191,441	3,240,832	2,690,014
Operating income	198,345	231,362	238,169
Total assets	6,167,902	4,726,373	4,309,248
Non-current assets	686,104	565,377	537,631
Other [Member] \| Revenues from external customers [Member]
Disclosure of geographical areas [line items]
Sales revenues	4,169,494	3,348,530	2,796,493
Other [Member] \| Inter-segment revenues and transfers [Member]
Disclosure of geographical areas [line items]
Sales revenues	220,292	123,663	131,690
Inter-segment Elimination/Unallocated Amount [Member]
Disclosure of geographical areas [line items]
Sales revenues	(12,670,767)	(10,063,633)	(9,105,004)
Operating expenses	(12,581,079)	(9,958,659)	(9,037,980)
Operating income	(89,687)	(104,974)	(67,024)
Total assets	9,502,332	5,588,745	5,350,474
Inter-segment Elimination/Unallocated Amount [Member] \| Inter-segment revenues and transfers [Member]
Disclosure of geographical areas [line items]
Sales revenues	¥ (12,670,767)	¥ (10,063,633)	¥ (9,105,004)

Segment Information - Summary_6

Segment Information - Summary of Revenues from External Customers (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of revenues from external customers [Line Items]
Revenue	¥ 45,095,325	¥ 37,154,298	¥ 31,379,507
Location of external customers [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	45,095,325	37,154,298	31,379,507
Japan [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	21,020,721	17,583,196	15,991,436
Japan [Member] \| Location of external customers [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	7,399,192	6,742,304	6,425,184
North America [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	17,943,072	13,843,901	11,166,479
North America [Member] \| Location of external customers [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	17,694,375	13,578,084	10,953,472
Europe [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	5,681,764	4,273,735	3,867,847
Europe [Member] \| Location of external customers [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	5,396,610	3,970,857	3,495,785
Asia [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	8,730,749	8,044,906	6,530,566
Asia [Member] \| Location of external customers [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	7,742,141	7,150,555	6,017,646
Other [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	4,389,785	3,472,193	2,928,183
Other [Member] \| Location of external customers [Member]
Disclosure of revenues from external customers [Line Items]
Revenue	¥ 6,863,007	¥ 5,712,497	¥ 4,487,420

Cash and Cash Equivalents - Sum

Cash and Cash Equivalents - Summary of Cash and Cash Equivalents (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Cash and cash equivalents [abstract]
Cash and deposits	¥ 6,245,257	¥ 5,948,297
Negotiable certificate of deposit and other	3,166,803	1,568,669
Total	¥ 9,412,060	¥ 7,516,966	¥ 6,113,655	¥ 5,100,857

Trade accounts and other rece_3

Trade accounts and other receivables - Additional Information (Detail) ¥ in Millions	Apr. 01, 2022 JPY (¥)
Trade accounts and other receivables [Line Items]
Receivables from contracts with customers	¥ 2,466,398

Trade Accounts and Other Rece_4

Trade Accounts and Other Receivables - Summary of Trade Accounts and Other Receivables (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Text block 1 [Abstract]
Accounts and notes receivables	¥ 2,672,434	¥ 2,757,412
Other receivables	1,149,679	870,398
Allowance for doubtful accounts	(32,684)	(41,679)
Total	¥ 3,789,429	¥ 3,586,130

Trade Accounts and Other Rece_5

Trade Accounts and Other Receivables - Summary of Changes in the Allowance for Doubtful Accounts (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Text block 1 [Abstract]
Allowance for doubtful accounts at beginning of year	¥ 121,628	¥ 110,793
Provision for doubtful accounts, net of reversal	4,708	8,844
Write-offs	(3,759)	(3,496)
Other	(472)	5,487
Allowance for doubtful accounts at end of year	¥ 122,105	¥ 121,628

Finance Receivables - Summary o

Finance Receivables - Summary of Finance Receivables (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Statement [Line Items]
Total finance receivables, net	¥ 31,694,359	¥ 24,770,851
Deferred origination costs	439,613	359,743
Less - Unearned income	(1,970,115)	(1,418,272)
Current assets	11,057,269	8,279,806
Non-current assets	20,637,090	16,491,045
Gross carrying amount [Member]
Statement [Line Items]
Total finance receivables, net	33,639,135	26,165,794
Retail [Member]
Statement [Line Items]
Less - Allowance for credit losses	(336,152)	(274,871)
Retail [Member] \| Gross carrying amount [Member]
Statement [Line Items]
Total finance receivables, net	25,489,945	20,201,004
Finance leases [Member]
Statement [Line Items]
Less - Allowance for credit losses	(46,909)	(36,920)
Finance leases [Member] \| Gross carrying amount [Member]
Statement [Line Items]
Total finance receivables, net	3,143,424	2,503,369
Wholesale and other dealer loans [Member]
Statement [Line Items]
Less - Allowance for credit losses	(31,213)	(24,622)
Wholesale and other dealer loans [Member] \| Gross carrying amount [Member]
Statement [Line Items]
Total finance receivables, net	¥ 5,005,766	¥ 3,461,421

Finance Receivables - Addition

Finance Receivables - Additional Information (Detail)	Mar. 31, 2024	Mar. 31, 2023
Asia [Member]
Statements [Line Items]
Finance receivables, percentage	11.30%	12%
North America [Member]
Statements [Line Items]
Finance receivables, percentage	57.10%	56.90%
Europe [Member]
Statements [Line Items]
Finance receivables, percentage	14.50%	14%
Japan [Member]
Statements [Line Items]
Finance receivables, percentage	6.20%	6.30%
Other Regions [Member]
Statements [Line Items]
Finance receivables, percentage	10.90%	10.80%

Finance Receivables - Summary_2

Finance Receivables - Summary of Contractual Maturities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Retail [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	¥ 25,489,945	¥ 20,201,004
Retail [Member] \| Within 1 year [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	7,063,873	5,822,035
Retail [Member] \| Between 1 and 2 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	5,791,490	4,599,678
Retail [Member] \| Between 2 and 3 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	5,034,539	3,930,516
Retail [Member] \| Between 3 and 4 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	3,864,320	3,013,894
Retail [Member] \| Between 4 and 5 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	2,334,787	1,737,460
Retail [Member] \| Later than 5 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	1,400,936	1,097,422
Finance leases [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	2,520,492	1,947,649
Finance leases [Member] \| Within 1 year [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	961,583	736,347
Finance leases [Member] \| Between 1 and 2 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	673,115	534,414
Finance leases [Member] \| Between 2 and 3 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	505,715	402,625
Finance leases [Member] \| Between 3 and 4 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	265,727	196,046
Finance leases [Member] \| Between 4 and 5 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	96,648	64,676
Finance leases [Member] \| Later than 5 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	17,703	13,540
Wholesale and other dealer loans [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	5,005,766	3,461,421
Wholesale and other dealer loans [Member] \| Within 1 year [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	3,587,124	2,101,711
Wholesale and other dealer loans [Member] \| Between 1 and 2 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	441,004	402,642
Wholesale and other dealer loans [Member] \| Between 2 and 3 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	223,112	266,593
Wholesale and other dealer loans [Member] \| Between 3 and 4 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	185,210	142,888
Wholesale and other dealer loans [Member] \| Between 4 and 5 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	142,215	145,964
Wholesale and other dealer loans [Member] \| Later than 5 years [Member]
Statements [Line Items]
Gross contractual amounts receivable for acquired receivables	¥ 427,100	¥ 401,622

Finance Receivables - Summary_3

Finance Receivables - Summary of Finance Leases Receivables (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Text block 1 [Abstract]
Lease payments	¥ 2,520,492	¥ 1,947,649
Estimated unguaranteed residual values	622,932	555,720
Total	3,143,424	2,503,369
Deferred origination costs	20,999	18,587
Less - Unearned income	(320,223)	(224,761)
Less - Allowance for credit losses	(46,909)	(36,920)
Finance leases receivables, net	¥ 2,797,291	¥ 2,260,275

Other Financial Assets - Summar

Other Financial Assets - Summary of Other Financial Assets by Component (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Statement [Line Items]
Current assets	¥ 4,702,168	¥ 1,715,675
Non-current assets	11,390,559	10,556,431
Other financial assets	16,092,727	12,272,107
Financial assets measured at amortized cost [Member] \| Time deposits [Member]
Statement [Line Items]
Other financial assets	1,606,834	206,494
Financial assets measured at amortized cost [Member] \| Other [Member]
Statement [Line Items]
Other financial assets	824,448	766,455
Financial assets measured at fair value through other comprehensive income [Member] \| Public and corporate bonds [Member]
Statement [Line Items]
Other financial assets	8,279,783	6,409,119
Financial assets measured at fair value through other comprehensive income [Member] \| Stocks [Member]
Statement [Line Items]
Other financial assets	3,829,893	3,413,780
Financial assets measured at fair value through other comprehensive income [Member] \| Other [Member]
Statement [Line Items]
Other financial assets	11,537	7,838
Financial assets measured at fair value through profit or loss [Member] \| Public and corporate bonds [Member]
Statement [Line Items]
Other financial assets	221,743	193,816
Financial assets measured at fair value through profit or loss [Member] \| Derivatives [Member]
Statement [Line Items]
Other financial assets	552,921	610,340
Financial assets measured at fair value through profit or loss [Member] \| Stocks [Member]
Statement [Line Items]
Other financial assets	212,393	168,214
Financial assets measured at fair value through profit or loss [Member] \| Other [Member]
Statement [Line Items]
Other financial assets	¥ 553,174	¥ 496,052

Other Financial Assets - Additi

Other Financial Assets - Additional Information (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Securities Loaned [Member] \| Public and corporate bonds [Member]
Statement [Line Items]
Financial assets measured at fair value through other comprehensive income include securities loaned amount	¥ 2,190,436	¥ 2,192,934

Other Financial Assets - Summ_2

Other Financial Assets - Summary of Stock at Fair Value Through Other Comprehensive Income (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
KDDI CORPORATION [Member]
Disclosure of doubtful accounts for other financial assets [Line items]
Financial assets at fair value through other comprehensive income	¥ 1,134,370	¥ 1,296,639
MS&AD Insurance Group Holdings, Inc. [Member]
Disclosure of doubtful accounts for other financial assets [Line items]
Financial assets at fair value through other comprehensive income	427,950	216,053
NIPPON TELEGRAPH AND TELEPHONE CORPORATION [Member]
Disclosure of doubtful accounts for other financial assets [Line items]
Financial assets at fair value through other comprehensive income	363,131	320,073
Mitsubishi UFJ Financial Group, Inc. [Member]
Disclosure of doubtful accounts for other financial assets [Line items]
Financial assets at fair value through other comprehensive income	232,760	126,754
Renesas Electronics Corporation [Member]
Disclosure of doubtful accounts for other financial assets [Line items]
Financial assets at fair value through other comprehensive income	¥ 200,330	¥ 143,543

Other Financial Assets - Summ_3

Other Financial Assets - Summary of Fair Value of Investments in Equity Instruments Designated at Fair Value Through Other Comprehensive Income (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Financial assets measured at fair value through other comprehensive income [abstract]
Total fair value	¥ 346,154	¥ 69,028
Accumulated other comprehensive income, net	¥ 247,475	¥ 35,124

Inventories - Summary of Invent

Inventories - Summary of Inventories (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Text block 1 [Abstract]
Products	¥ 2,796,831	¥ 2,317,143
Work in process	496,471	530,915
Raw materials	1,117,950	1,239,535
Supplies and other	194,116	168,021
Total	¥ 4,605,368	¥ 4,255,614

Investments Accounted for Usi_3

Investments Accounted for Using the Equity Method - Summary of Investments in Equity Accounted Investees (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Text block 1 [Abstract]
Associates	¥ 4,616,598	¥ 4,169,573
Joint ventures	1,093,508	1,057,773
Total	¥ 5,710,106	¥ 5,227,345	¥ 4,837,895

Investments Accounted for Usi_4

Investments Accounted for Using the Equity Method - Summary of Combined Information of Investments Accounted for Using the Equity Method (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net income
Associates	¥ 478,405	¥ 326,931	¥ 324,480
Joint ventures	284,732	316,132	235,866
Total	763,137	643,063	560,346
Other comprehensive income, net of tax
Associates	269,753	99,737	241,264
Joint ventures	52,361	3,295	66,187
Total	322,114	103,033	307,451
Comprehensive income
Associates	748,158	426,669	565,744
Joint ventures	337,093	319,428	302,053
Total	¥ 1,085,251	¥ 746,096	¥ 867,798

Property, Plant and Equipment -

Property, Plant and Equipment - Summary of Property, Plant and Equipment (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	¥ 12,633,974
Balance at ending	14,257,788	¥ 12,633,974
Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	29,309,093	27,975,530
Additions	4,692,547	3,374,566
Sales or disposal	(3,578,908)	(3,221,137)
Foreign currency translation adjustments	1,969,916	1,053,058
Other	(32,956)	127,075
Balance at ending	32,359,692	29,309,093
Accumulated depreciation, amortisation and impairment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	(16,675,119)	(15,648,890)
Depreciation	(1,957,111)	(1,926,939)
Impairment losses	(19,069)	(31,114)
Sales or disposal	1,496,254	1,483,773
Foreign currency translation adjustments	(911,486)	(471,526)
Other	(35,373)	(80,423)
Balance at ending	(18,101,905)	(16,675,119)
Land [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	1,426,370	1,361,791
Additions	5,217	14,990
Sales or disposal	(14,729)	(14,680)
Reclassification from construction in progress	5,691	50,494
Foreign currency translation adjustments	27,296	10,458
Other	(8,033)	3,317
Balance at ending	1,441,811	1,426,370
Land [Member] \| Accumulated depreciation, amortisation and impairment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	(7,313)	(6,379)
Impairment losses		(393)
Sales or disposal	579	150
Foreign currency translation adjustments	(825)	(178)
Other	574	(513)
Balance at ending	(6,985)	(7,313)
Buildings [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	5,464,811	5,284,620
Additions	136,241	75,098
Sales or disposal	(39,296)	(76,482)
Reclassification from construction in progress	138,013	88,625
Foreign currency translation adjustments	153,948	67,274
Other	31,032	25,676
Balance at ending	5,884,749	5,464,811
Buildings [Member] \| Accumulated depreciation, amortisation and impairment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	(3,529,186)	(3,375,598)
Depreciation	(139,999)	(148,981)
Impairment losses	(208)	(10,517)
Sales or disposal	34,067	63,448
Foreign currency translation adjustments	(84,432)	(39,793)
Other	(34,029)	(17,746)
Balance at ending	(3,753,786)	(3,529,186)
Machinery and equipment [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	14,796,619	13,982,362
Additions	581,930	433,393
Sales or disposal	(545,829)	(599,825)
Reclassification from construction in progress	776,356	480,805
Foreign currency translation adjustments	919,653	437,649
Other	(59,696)	62,235
Balance at ending	16,469,032	14,796,619
Machinery and equipment [Member] \| Accumulated depreciation, amortisation and impairment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	(11,529,666)	(10,762,953)
Depreciation	(974,181)	(921,037)
Impairment losses	(18,862)	(17,358)
Sales or disposal	498,703	559,467
Foreign currency translation adjustments	(666,255)	(334,617)
Other	(29,354)	(53,167)
Balance at ending	(12,719,614)	(11,529,666)
Vehicles and equipment on operating leases [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	6,774,427	6,781,229
Additions	2,893,569	1,916,239
Sales or disposal	(2,974,283)	(2,516,466)
Reclassification from construction in progress	236	167
Foreign currency translation adjustments	812,366	524,175
Other	17,596	69,083
Balance at ending	7,523,911	6,774,427
Vehicles and equipment on operating leases [Member] \| Accumulated depreciation, amortisation and impairment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	(1,605,744)	(1,503,668)
Depreciation	(842,931)	(856,921)
Sales or disposal	962,901	860,708
Foreign currency translation adjustments	(162,784)	(96,936)
Other	29,549	(8,928)
Balance at ending	(1,619,009)	(1,605,744)
Construction in progress [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	846,866	565,528
Additions	1,075,590	934,847
Sales or disposal	(4,771)	(13,684)
Reclassification from construction in progress	(920,295)	(620,091)
Foreign currency translation adjustments	56,654	13,503
Other	(13,856)	(33,236)
Balance at ending	1,040,188	846,866
Construction in progress [Member] \| Accumulated depreciation, amortisation and impairment [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning	(3,210)	(292)
Impairment losses	0	(2,846)
Sales or disposal	3
Foreign currency translation adjustments	2,810	(2)
Other	(2,112)	(71)
Balance at ending	¥ (2,510)	¥ (3,210)

Property, Plant and Equipment_2

Property, Plant and Equipment - Summary of Vehicles and Equipment on Operating Leases (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	¥ 14,257,788	¥ 12,633,974
Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	32,359,692	29,309,093	¥ 27,975,530
Vehicles and equipment on operating leases, net [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	7,523,911	6,774,427	¥ 6,781,229
Property, plant and equipment subject to operating leases [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	7,523,911	6,774,427
Property, plant and equipment subject to operating leases [Member] \| Vehicles [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	7,471,187	6,759,024
Property, plant and equipment subject to operating leases [Member] \| Equipment [Member] \| Gross carrying amount [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	52,724	15,403
Property, plant and equipment subject to operating leases [Member] \| Vehicles and equipment on operating leases, net [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	5,904,902	5,168,683
Property, plant and equipment subject to operating leases [Member] \| Vehicles and equipment on operating leases, net [Member] \| Less – Accumulated depreciation [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	¥ (1,619,009)	¥ (1,605,744)

Property, Plant and Equipment_3

Property, Plant and Equipment - Summary of Future Rentals from Vehicles and Equipment on Operating Leases (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	¥ 2,115,660	¥ 1,689,712
Vehicles and equipment on operating leases [Member] \| Within 1 year [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	1,003,221	885,757
Vehicles and equipment on operating leases [Member] \| Between 1 and 2 years [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	678,342	497,218
Vehicles and equipment on operating leases [Member] \| Between 2 and 3 years [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	314,496	216,227
Vehicles and equipment on operating leases [Member] \| Between 3 and 4 years [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	77,715	59,004
Vehicles and equipment on operating leases [Member] \| Between 4 and 5 years [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	28,267	21,022
Vehicles and equipment on operating leases [Member] \| Later than 5 years [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Rental income from investment property, net of direct operating expense	¥ 13,619	¥ 10,484

Right of Use Assets and Lease_3

Right of Use Assets and Lease Liabilities - Summary of Right of Use Asset and Lease Liability (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Types of Original Assets
Types of Original Assets	¥ 532,835	¥ 491,368
Land [Member]
Types of Original Assets
Types of Original Assets	60,388	64,717
Buildings [Member]
Types of Original Assets
Types of Original Assets	341,408	333,698
Other [Member]
Types of Original Assets
Types of Original Assets	¥ 131,040	¥ 92,953

Right of Use Assets and Lease_4

Right of Use Assets and Lease Liabilities - Summary of Gains and Losses on Lessee's Leases (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of quantitative information about lease costs [Line items]
Depreciation of right of use assets	¥ 121,698	¥ 84,191
Interest expense on lease liabilities	6,152	5,429
Short-term leases	103,544	97,025
Total	231,394	186,645
Land [Member]
Disclosure of quantitative information about lease costs [Line items]
Depreciation of right of use assets	9,699	5,217
Buildings [Member]
Disclosure of quantitative information about lease costs [Line items]
Depreciation of right of use assets	69,962	42,408
Other [Member]
Disclosure of quantitative information about lease costs [Line items]
Depreciation of right of use assets	¥ 42,038	¥ 36,566

Right of Use Assets and Lease_5

Right of Use Assets and Lease Liabilities - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of right of use assets and lease liabilities explanatory [Abstract]
Increase right of use assets	¥ 101,534	¥ 116,298
Total cash outflows for lessee leases	¥ 188,677	¥ 172,112

Right of Use Assets and Lease_6

Right of Use Assets and Lease Liabilities - Summary of Maturity Analysis of the Total Future Lease Payments (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of maturity analysis of total future lease payments [line items]
Future lease payment, total	¥ 517,763	¥ 507,902
Less - Interest expense	(55,195)	(51,781)
Present value of lease payment, total	462,568	456,120
Current liabilities	73,456	66,870
Non-current liabilities	389,112	389,250
Present value of lease payment, total	462,568	456,120
Within 1 year [Member]
Disclosure of maturity analysis of total future lease payments [line items]
Future lease payment, total	83,145	74,780
Between 1 and 5 years [Member]
Disclosure of maturity analysis of total future lease payments [line items]
Future lease payment, total	190,511	179,026
Later than 5 years [Member]
Disclosure of maturity analysis of total future lease payments [line items]
Future lease payment, total	¥ 244,107	¥ 254,096

Intangible Assets - Summary of

Intangible Assets - Summary of Carrying Value of Intangible Assets (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of detailed information about intangible assets [line items]
Intangible assets	¥ 1,355,326	¥ 1,249,122
Capitalized development costs [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets	638,337	669,612
Software and other [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets	¥ 716,989	¥ 579,510

Intangible Assets - Summary o_2

Intangible Assets - Summary of Changes in Cost, Accumulated Amortization and Impairment Losses of Intangible Assets (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statements [Line Items]
Opening Balance	¥ 1,249,122
Closing Balance	1,355,326	¥ 1,249,122
Capitalized development costs [Member]
Statements [Line Items]
Opening Balance	669,612
Closing Balance	638,337	669,612
Gross carrying amount [Member]
Statements [Line Items]
Opening Balance	2,124,830	1,968,466
Additions	109,051	40,655
Internally developed	260,895	279,674
Sales or disposal	(363,989)	(203,372)
Foreign currency translation adjustments	46,726	22,351
Other	20,715	17,056
Closing Balance	2,198,228	2,124,830
Gross carrying amount [Member] \| Capitalized development costs [Member]
Statements [Line Items]
Opening Balance	1,159,435	1,141,234
Additions	0	0
Internally developed	124,788	181,634
Sales or disposal	(230,512)	(164,898)
Foreign currency translation adjustments	4,622	1,465
Other	0	0
Closing Balance	1,058,334	1,159,435
Gross carrying amount [Member] \| Software and other [Member]
Statements [Line Items]
Opening Balance	965,395	827,232
Additions	109,051	40,655
Internally developed	136,107	98,040
Sales or disposal	(133,477)	(38,473)
Foreign currency translation adjustments	42,104	20,886
Other	20,715	17,056
Closing Balance	1,139,895	965,395
Accumulated depreciation, amortization [Member]
Statements [Line Items]
Opening Balance	(875,708)	(776,500)
Amortization	(290,642)	(277,477)
Sales or disposal	348,353	190,062
Foreign currency translation adjustments	(22,633)	(10,533)
Other	(2,272)	(1,261)
Closing Balance	(842,902)	(875,708)
Accumulated depreciation, amortization [Member] \| Capitalized development costs [Member]
Statements [Line Items]
Opening Balance	(489,823)	(477,472)
Amortization	(160,686)	(164,512)
Sales or disposal	230,512	152,161
Foreign currency translation adjustments	0	0
Other	0	0
Closing Balance	(419,997)	(489,823)
Accumulated depreciation, amortization [Member] \| Software and other [Member]
Statements [Line Items]
Opening Balance	(385,886)	(299,028)
Amortization	(129,956)	(112,965)
Sales or disposal	117,841	37,901
Foreign currency translation adjustments	(22,633)	(10,533)
Other	(2,272)	(1,261)
Closing Balance	¥ (422,905)	¥ (385,886)

Income Taxes - Summary of Compo

Income Taxes - Summary of Components of Deferred Tax Assets and Liabilities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	¥ 502,230	¥ 387,427
Deferred tax liabilities	(2,219,638)	(1,802,346)
Net deferred tax assets and liabilities	(1,717,408)	(1,414,919)
Deferred tax assets [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	1,983,775	1,912,336
Deferred tax assets [Member] \| Defined benefit plan liabilities [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	100,770	120,007
Deferred tax assets [Member] \| Accrued expenses and liabilities for quality assurance [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	724,325	662,425
Deferred tax assets [Member] \| Other accrued employees' compensation [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	138,219	127,668
Deferred tax assets [Member] \| Operating loss carryforwards for tax purposes [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	50,214	191,906
Deferred tax assets [Member] \| Allowance for doubtful accounts and credit losses [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	103,860	94,639
Deferred tax assets [Member] \| Property plant equipment and other assets [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	296,739	252,441
Deferred tax assets [Member] \| Other [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	569,648	463,250
Deferred tax liabilities [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(3,701,183)	(3,327,255)
Deferred tax liabilities [Member] \| Changes in fair value of financial instruments measured in other comprehensive income [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(1,015,448)	(737,156)
Deferred tax liabilities [Member] \| Undistributed earnings of foreign subsidiaries [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(42,365)	(39,496)
Deferred tax liabilities [Member] \| Undistributed earnings of associates and joint ventures [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(1,176,045)	(1,076,742)
Deferred tax liabilities [Member] \| Basis difference of acquired assets [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(82,852)	(78,206)
Deferred tax liabilities [Member] \| Capitalised development costs [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(189,496)	(201,120)
Deferred tax liabilities [Member] \| Lease transactions [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(897,291)	(972,158)
Deferred tax liabilities [Member] \| Other [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	¥ (297,686)	¥ (222,378)

Income Taxes - Summary of Chang

Income Taxes - Summary of Changes in Deferred Tax Assets and Liabilities (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	¥ 162,768	¥ (332,091)	¥ 74,864
Defined benefit plan liabilities [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	(4,333)	802	4,203
Accrued expenses and liabilities for quality assurance [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	40,626	26,942	(40,761)
Other accrued employees' compensation [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	6,925	(2,745)	(968)
Operating loss carryforwards for tax purposes [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	(133,776)	116,344	38,119
Allowance for doubtful accounts and credit losses [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	(551)	4,474	(4,902)
Property, plant and equipment and other assets [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	11,518	24,850	(9,795)
Undistributed earnings of foreign subsidiaries [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	(2,869)	12,391	(33,349)
Undistributed earnings of associates and joint ventures [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	(43,526)	(63,520)	(71,405)
Basis difference of acquired assets [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	1,152	(12,075)	(11,270)
Capitalized development costs [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	12,824	4,003	(9,708)
Lease transactions [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	186,196	(487,702)	103,098
Other [Member]
Disclosure of break up of deferred tax expense (income) [Line items]
Deferred tax expense (income) recognized in profit or loss	¥ 88,582	¥ 44,144	¥ 111,603

Income Taxes - Summary of Tempo

Income Taxes - Summary of Temporary Differences of Unused Tax Losses and Unused Tax Credits of Unrecognized Deferred Tax Assets (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of temporary difference, unused tax losses and unused tax credits [abstract]
Deductible temporary difference	¥ 1,292,277	¥ 968,060
Carryforwards of tax losses	762,196	712,357
Carryforwards of tax credit	95,462	115,809
Total	¥ 2,149,935	¥ 1,796,225

Income Taxes - Summary of Unrec

Income Taxes - Summary of Unrecognized Deferred Tax Assets on Tax Losses Carryforwards (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure details of carry forward details of tax losses unutilised for which no deferred tax assets are recognised [Line items]
Tax losses carryforward	¥ 762,196	¥ 712,357
Within 5 years [Member]
Disclosure details of carry forward details of tax losses unutilised for which no deferred tax assets are recognised [Line items]
Tax losses carryforward	7,791	75,839
Between 5 and 10 years [Member]
Disclosure details of carry forward details of tax losses unutilised for which no deferred tax assets are recognised [Line items]
Tax losses carryforward	357,421	313,895
Later than 10 years [Member]
Disclosure details of carry forward details of tax losses unutilised for which no deferred tax assets are recognised [Line items]
Tax losses carryforward	¥ 396,984	¥ 322,623

Income Taxes - Summary of Unr_2

Income Taxes - Summary of Unrecognized Deferred Tax Assets on Tax Credit Carryforward (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure details of carry forward details of tax credits unutilised for which no deferred tax assets are recognized [Line items]
Tax credit carryforwards	¥ 95,462	¥ 115,809
Within 5 years [Member]
Disclosure details of carry forward details of tax credits unutilised for which no deferred tax assets are recognized [Line items]
Tax credit carryforwards	4,764	10,018
Between 5 and 10 years [Member]
Disclosure details of carry forward details of tax credits unutilised for which no deferred tax assets are recognized [Line items]
Tax credit carryforwards	3,680	18,107
Later than 10 years [Member]
Disclosure details of carry forward details of tax credits unutilised for which no deferred tax assets are recognized [Line items]
Tax credit carryforwards	¥ 87,018	¥ 87,684

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of current and deferred tax expense benefit [Line items]
Current income tax expense	¥ 2,056,433	¥ 843,674	¥ 1,190,782
Deferred income tax expense (benefit)	(162,768)	332,091	(74,864)
Income tax expense	1,893,665	1,175,765	1,115,918
TMC and domestic subsidiaries [Member]
Disclosure of current and deferred tax expense benefit [Line items]
Current income tax expense	1,432,299	758,772	672,077
Deferred income tax expense (benefit)	(42,906)	27,783	42,131
Foreign subsidiaries [Member]
Disclosure of current and deferred tax expense benefit [Line items]
Current income tax expense	624,134	84,902	518,705
Deferred income tax expense (benefit)	¥ (119,862)	¥ 304,308	¥ (116,995)

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation of Statutory Tax Rate and Effective Income Tax Rate (Detail)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Statements [Line Items]
Statutory tax rate	30.90%	30.90%	30.90%
Increase (reduction) in taxes resulting from:
Non-deductible expenses	0.30%	0.80%	0.60%
Tax-exempt income	(0.20%)	(0.40%)	(0.30%)
Deferred tax liabilities on undistributed earnings of foreign subsidiaries	0.60%	1.10%	1.30%
Effects of investments accounted for using the equity method	(3.40%)	(5.40%)	(4.30%)
Deferred tax liabilities on undistributed earnings of associates and joint ventures	2.10%	3.10%	2.60%
Change in unrecognized deferred tax assets	0.40%	6.30%	3.70%
Tax credits	(2.10%)	(3.50%)	(2.70%)
The difference between the statutory tax rate in Japan and that of foreign subsidiaries	(2.00%)	(1.50%)	(3.10%)
Unrecognized tax benefits adjustments	0%	0.40%	(0.30%)
Other	0.60%	0.30%	(0.30%)
Average effective tax rate	27.20%	32%	28%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Statements [Line Items]
Temporary differences total	¥ 4,630,892	¥ 4,367,250
Estimated amount of additional deferred tax liability if the undistributed earnings were to be distributed in the future	¥ 232,645	¥ 202,488
Statutory tax rate	30.90%	30.90%	30.90%
Pillar Two Tax Rates [Member]
Statements [Line Items]
Minimum tax rate	15%

Trade Accounts and Other Paya_3

Trade Accounts and Other Payables - Summary of Trade Accounts and Other Payables (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Text block 1 [Abstract]
Accounts and notes payables	¥ 3,828,068	¥ 3,819,334
Other payables	1,423,289	1,166,974
Total	¥ 5,251,357	¥ 4,986,309

Financial liabilities - Summary

Financial liabilities - Summary of Financial Liabilities (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	¥ 29,380,273	¥ 26,496,358
Cash flow	3,706,760	1,163,574
Acquisitions	101,534	116,298
Changes in foreign currency exchange rates	3,372,889	1,546,706
Other	324	57,337
Ending balance	36,561,780	29,380,273
Current liabilities [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	12,305,639	11,187,839
Cash flow	(8,350,589)	(8,113,344)
Reclassification	10,051,801	8,419,778
Changes in foreign currency exchange rates	1,418,811	701,080
Other	(19,378)	110,286
Ending balance	15,406,284	12,305,639
Current liabilities [Member] \| Short-term debt [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	4,590,173	4,104,858
Cash flow	401,740	239,689
Changes in foreign currency exchange rates	519,138	231,700
Other	(23,093)	13,926
Ending balance	5,487,959	4,590,173
Current liabilities [Member] \| Current portion of long-term debt [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	7,648,596	7,026,845
Cash flow	(8,673,349)	(8,283,375)
Reclassification	9,974,103	8,380,467
Changes in foreign currency exchange rates	896,377	467,956
Other	(858)	56,704
Ending balance	9,844,870	7,648,596
Current liabilities [Member] \| Current portion of long-term lease liabilities [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	66,870	56,136
Cash flow	(78,981)	(69,658)
Reclassification	77,698	39,311
Changes in foreign currency exchange rates	3,295	1,424
Other	4,573	39,657
Ending balance	73,456	66,870
Non current liabilities [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	17,074,634	15,308,519
Cash flow	12,057,349	9,276,918
Acquisitions	101,534	116,298
Reclassification	(10,051,801)	(8,419,778)
Changes in foreign currency exchange rates	1,954,078	845,626
Other	19,702	(52,949)
Ending balance	21,155,496	17,074,634
Non current liabilities [Member] \| Long-term debt [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	16,685,384	14,943,727
Cash flow	12,057,349	9,276,918
Reclassification	(9,974,103)	(8,380,467)
Changes in foreign currency exchange rates	1,933,312	836,348
Other	64,442	8,858
Ending balance	20,766,384	16,685,384
Non current liabilities [Member] \| Long-term lease liabilities [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	389,250	364,792
Acquisitions	101,534	116,298
Reclassification	(77,698)	(39,311)
Changes in foreign currency exchange rates	20,766	9,277
Other	(44,740)	(61,807)
Ending balance	389,112	389,250
Derivatives [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	(62,359)	7,221
Cash flow	95,572	77,098
Changes in foreign currency exchange rates	(4,792)	(5,202)
Changes in fair value	(68,999)	(141,475)
Ending balance	¥ (40,578)	¥ (62,359)

Financial liabilities - Summa_2

Financial liabilities - Summary of Short Term Debt (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of detailed information about borrowings [line items]
Short-term debt	¥ 5,487,959	¥ 4,590,173
Short-term debt (Principally from bank) [Member]
Disclosure of detailed information about borrowings [line items]
Short-term debt (Principally from bank)	1,387,832	916,725
Commercial paper [Member]
Disclosure of detailed information about borrowings [line items]
Commercial paper	¥ 4,100,127	¥ 3,673,447

Financial liabilities - Summa_3

Financial liabilities - Summary of Short Term Debt (Parenthetical) (Detail) - Weighted average [Member]	Mar. 31, 2024	Mar. 31, 2023
Short-term debt (Principally from bank) [Member]
Disclosure of detailed information about borrowings [line items]
Weighted Average Interest Rate	2.27%	2.02%
Commercial paper [Member]
Disclosure of detailed information about borrowings [line items]
Weighted Average Interest Rate	4.53%	3.81%

Financial liabilities - Summa_4

Financial liabilities - Summary of Long Term Debt (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of long term borrowings [Line Items]
Total	¥ 21,155,496	¥ 17,074,634
Long-term debt [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	30,611,253	24,333,981
Less - Current portion due within one year	(9,844,870)	(7,648,596)
Total	20,766,384	16,685,384
Long-term debt [Member] \| Unsecured loans (principally from bank) [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	6,781,268	5,719,366
Long-term debt [Member] \| Secured loans (principally financial receivables securitization) [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	6,458,570	5,266,411
Long-term debt [Member] \| Consolidated subsidiaries [Member] \| Medium-term notes [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	14,272,962	10,561,816
Long-term debt [Member] \| Consolidated subsidiaries [Member] \| Unsecured bonds [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	1,811,271	1,621,444
Long-term debt [Member] \| Consolidated subsidiaries [Member] \| Secured bonds [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	65,837	37,294
Long-term debt [Member] \| Parent [Member] \| Unsecured bonds [Member]
Disclosure of long term borrowings [Line Items]
Long-term debt	¥ 1,221,345	¥ 1,127,650

Financial liabilities - Summa_5

Financial liabilities - Summary of Long Term Debt (Parenthetical) (Detail)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
US dollars [Member]
Disclosure of long term borrowings [Line Items]
Percentage of long term debt held based on currency	53%	53%
Euros [Member]
Disclosure of long term borrowings [Line Items]
Percentage of long term debt held based on currency	13%	13%
Japanese yen [Member]
Disclosure of long term borrowings [Line Items]
Percentage of long term debt held based on currency	10%	11%
Australian dollar [Member]
Disclosure of long term borrowings [Line Items]
Percentage of long term debt held based on currency	5%	6%
Canadian dollars [Member]
Disclosure of long term borrowings [Line Items]
Percentage of long term debt held based on currency	4%	3%
Other currencies [Member]
Disclosure of long term borrowings [Line Items]
Percentage of long term debt held based on currency	15%	14%
Medium-term notes [Member] \| Consolidated subsidiaries [Member]
Disclosure of long term borrowings [Line Items]
Long term borrowings interest rate	3.58%	2.72%
Borrowings maturity	2024 to 2048	2023 to 2048
Unsecured bonds [Member] \| Parent [Member]
Disclosure of long term borrowings [Line Items]
Long term borrowings interest rate	1.92%	1.29%
Borrowings maturity	2024 to 2037	2023 to 2037
Unsecured bonds [Member] \| Consolidated subsidiaries [Member]
Disclosure of long term borrowings [Line Items]
Long term borrowings interest rate	2.75%	2.54%
Borrowings maturity	2024 to 2029	2023 to 2028
Secured bonds [Member] \| Consolidated subsidiaries [Member]
Disclosure of long term borrowings [Line Items]
Long term borrowings interest rate	7.86%	6.53%
Borrowings maturity	2024 to 2029	2023 to 2026
Long-term debt [Member] \| Unsecured loans principally from the bank [Member]
Disclosure of long term borrowings [Line Items]
Long term borrowings interest rate	3.68%	3.18%
Borrowings maturity	2024 to 2042	2023 to 2042
Long-term debt [Member] \| Secured loans (principally financial receivables securitization) [Member]
Disclosure of long term borrowings [Line Items]
Long term borrowings interest rate	4.64%	3.82%
Borrowings maturity	2024 to 2034	2023 to 2034

Financial liabilities - Summa_6

Financial liabilities - Summary of Asset Pledged as Collateral (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of financial liabilities [abstract]
Property, plant and equipment	¥ 1,574,373	¥ 1,498,448
Other assets	6,731,856	5,459,877
Total	¥ 8,306,230	¥ 6,958,325

Financial liabilities - Additio

Financial liabilities - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of financial liabilities [line items]
Interest expenses	¥ 1,213,021	¥ 651,979

Other financial liabilities - S

Other financial liabilities - Summary Of Other Financial Liabilities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of Other financial liabilities [abstract]
Derivatives	¥ 432,189	¥ 456,257
Current liabilities	1,700,137	1,392,397
Non-current liabilities	495,814	533,710
Total	2,195,951	1,926,107
Financial liabilities measured at amortized cost, class [Member]
Disclosure of Other financial liabilities [abstract]
Deposits received	1,205,723	1,015,094
Other	558,039	454,756
Financial liabilities measured at fair value through profit or loss, class [Member]
Disclosure of Other financial liabilities [abstract]
Derivatives	432,189	456,257
Total	¥ 2,195,951	¥ 1,926,107

Financial Risks - Summary of Ne

Financial Risks - Summary of Net Changes in the Allowance for Credit Losses (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of financial assets [line items]
Provision for credit loss, net of reversal	¥ 4,708	¥ 8,844
Charge-offs	(3,759)	(3,496)
Other	(472)	5,487
Finance lease receivables [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	36,920	36,985
Provision for credit loss, net of reversal	23,617	14,926
Charge-offs	(7,676)	(7,233)
Other	(5,952)	(7,757)
Allowance for credit loss at end of year	46,909	36,920
Retail receivables [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	274,871	230,104
Provision for credit loss, net of reversal	241,427	175,573
Charge-offs	(150,458)	(91,215)
Other	(29,688)	(39,591)
Allowance for credit loss at end of year	336,152	274,871
Retail receivables [Member] \| Expected credit loss for 12 months [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	95,720	88,125
Provision for credit loss, net of reversal	34,386	26,490
Other	(19,062)	(18,895)
Allowance for credit loss at end of year	111,044	95,720
Retail receivables [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	124,867	99,465
Provision for credit loss, net of reversal	64,742	59,627
Other	(41,819)	(34,225)
Allowance for credit loss at end of year	147,790	124,867
Retail receivables [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	54,284	42,514
Provision for credit loss, net of reversal	142,299	89,456
Charge-offs	(150,458)	(91,215)
Other	31,193	13,530
Allowance for credit loss at end of year	77,318	54,284
Wholesale receivables and other dealer loans [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	24,622	24,836
Provision for credit loss, net of reversal	10,031	5,847
Charge-offs	(204)
Other	(3,236)	(6,062)
Allowance for credit loss at end of year	31,213	24,622
Wholesale receivables and other dealer loans [Member] \| Expected credit loss for 12 months [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	14,640	14,349
Provision for credit loss, net of reversal	6,362	3,517
Other	(3,521)	(3,225)
Allowance for credit loss at end of year	17,481	14,640
Wholesale receivables and other dealer loans [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	4,582	5,092
Provision for credit loss, net of reversal	2,539	1,780
Other	(1,191)	(2,289)
Allowance for credit loss at end of year	5,931	4,582
Wholesale receivables and other dealer loans [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of financial assets [line items]
Allowance for credit loss at beginning of year	5,399	5,396
Provision for credit loss, net of reversal	1,130	551
Charge-offs	(204)
Other	1,475	(547)
Allowance for credit loss at end of year	¥ 7,801	¥ 5,399

Financial Risks - Summary of Re

Financial Risks - Summary of Retail Receivables Segregated into Aging Categories Based on the Numbers of the Days Outstanding (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Retail receivables [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	¥ 25,489,945	¥ 20,201,004
Retail receivables [Member] \| Expected credit loss for 12 months [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	23,068,656	18,236,371
Retail receivables [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	2,225,954	1,818,584
Retail receivables [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	195,335	146,049
Retail receivables [Member] \| Current [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	24,276,931	19,180,501
Retail receivables [Member] \| Current [Member] \| Expected credit loss for 12 months [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	22,750,132	17,905,331
Retail receivables [Member] \| Current [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	1,526,798	1,275,170
Retail receivables [Member] \| Past due less than 90 days [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	1,036,843	895,509
Retail receivables [Member] \| Past due less than 90 days [Member] \| Expected credit loss for 12 months [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	318,524	331,040
Retail receivables [Member] \| Past due less than 90 days [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	694,558	542,999
Retail receivables [Member] \| Past due less than 90 days [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	23,761	21,469
Retail receivables [Member] \| Past due 90 days or more [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	176,172	124,995
Retail receivables [Member] \| Past due 90 days or more [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	4,598	416
Retail receivables [Member] \| Past due 90 days or more [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Trade receivables	171,574	124,580
Finance lease receivables [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Finance lease receivables	3,143,424	2,503,369
Finance lease receivables [Member] \| Current [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Finance lease receivables	3,057,602	2,437,467
Finance lease receivables [Member] \| Past due less than 90 days [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Finance lease receivables	60,316	46,296
Finance lease receivables [Member] \| Past due 90 days or more [Member]
Disclosure of retail receivables segregated into aging categories based on the numbers of the days outstanding [Line items]
Finance lease receivables	¥ 25,506	¥ 19,606

Financial Risks - Summary of Br

Financial Risks - Summary of Breakdown of Wholesale Receivables and Dealer Loan Receivables (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	¥ 19,488,811	¥ 17,805,983
Expected credit loss for 12 months [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	19,132,321	17,589,491
Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	330,243	201,179
Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	26,247	15,314
Performing [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	4,741,270	3,300,629
Performing [Member] \| Expected credit loss for 12 months [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	4,741,270	3,300,629
Credit Watch [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	193,799	116,270
Credit Watch [Member] \| Expected credit loss for 12 months [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	61,078	47,184
Credit Watch [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	132,721	69,086
At Risk [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	49,489	36,487
At Risk [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	45,231	29,780
At Risk [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	4,258	6,708
Default [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	21,209	8,034
Default [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	21,209	8,034
Loan commitments [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	11,245,712	10,770,507
Loan commitments [Member] \| Expected credit loss for 12 months [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	11,129,604	10,704,882
Loan commitments [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	115,327	65,053
Loan commitments [Member] \| Expected credit loss for the entire period [Member] \| Credit-impaired financial receivable [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	781	572
Financial guarantee contracts [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	3,237,333	3,574,056
Financial guarantee contracts [Member] \| Expected credit loss for 12 months [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	3,200,368	3,536,796
Financial guarantee contracts [Member] \| Expected credit loss for the entire period [Member] \| Financial receivable not credit-impaired [Member]
Disclosure of breakdown of wholesale receivables and dealer loan receivables [Line items]
Wholesale and other dealer loan	¥ 36,964	¥ 37,260

Financial Risks - Summary of No

Financial Risks - Summary of Non-derivative Financial Liabilities and Derivative Financial Liabilities by a Remaining Contract Maturity Period (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Within 1 year [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Total	¥ (16,713,284)	¥ (12,923,485)
Between 1 and 3 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Total	(13,357,180)	(10,818,611)
Between 3 and 5 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Total	(6,965,631)	(5,913,123)
Later than 5 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Total	(2,870,280)	(1,887,194)
Book value [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Total	36,993,969	29,836,530
Contractual cash flows [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Total	(39,906,376)	(31,542,412)
Derivative financial liabilities [Member] \| Within 1 year [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Interest derivative	(74,298)	(41,958)
In	150,390	58,806
Out	(222,251)	(90,525)
Total	(146,158)	(73,678)
Derivative financial liabilities [Member] \| Between 1 and 3 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Interest derivative	(103,424)	(155,214)
In	433,343	187,514
Out	(519,535)	(220,701)
Total	(189,617)	(188,401)
Derivative financial liabilities [Member] \| Between 3 and 5 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Interest derivative	(54,923)	(109,599)
In	362,638	589,139
Out	(427,529)	(706,363)
Total	(119,815)	(226,823)
Derivative financial liabilities [Member] \| Later than 5 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Interest derivative	(5,040)	(8,498)
In	181,391	0
Out	(200,860)	0
Total	(24,508)	(8,498)
Derivative financial liabilities [Member] \| Book value [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Interest derivative	238,503	296,438
Out	193,686	159,819
Total	432,189	456,257
Derivative financial liabilities [Member] \| Contractual cash flows [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Interest derivative	(237,685)	(315,269)
In	1,127,763	835,459
Out	(1,370,175)	(1,017,589)
Total	(480,098)	(497,400)
Non-derivative financial liabilities [Member] \| Within 1 year [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Short-term debt	(1,398,947)	(941,708)
Commercial paper	(4,222,660)	(3,765,973)
Long-term debt	(10,862,374)	(8,067,346)
Lease liabilities	(83,145)	(74,780)
Total	(16,567,126)	(12,849,807)
Non-derivative financial liabilities [Member] \| Between 1 and 3 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Long-term debt	(13,051,900)	(10,527,952)
Lease liabilities	(115,664)	(102,258)
Total	(13,167,564)	(10,630,210)
Non-derivative financial liabilities [Member] \| Between 3 and 5 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Long-term debt	(6,770,969)	(5,609,531)
Lease liabilities	(74,847)	(76,769)
Total	(6,845,816)	(5,686,300)
Non-derivative financial liabilities [Member] \| Later than 5 years [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Long-term debt	(2,601,665)	(1,624,601)
Lease liabilities	(244,107)	(254,096)
Total	(2,845,772)	(1,878,696)
Non-derivative financial liabilities [Member] \| Book value [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Short-term debt	1,387,832	916,725
Commercial paper	4,100,127	3,673,447
Long-term debt	30,611,253	24,333,981
Lease liabilities	462,568	456,120
Total	36,561,780	29,380,273
Non-derivative financial liabilities [Member] \| Contractual cash flows [Member]
Disclosure of non-derivative financial liabilities and derivative financial liabilities by a remaining contract maturity period [Line items]
Short-term debt	(1,398,947)	(941,708)
Commercial paper	(4,222,660)	(3,765,973)
Long-term debt	(33,286,908)	(25,829,430)
Lease liabilities	(517,763)	(507,902)
Total	¥ (39,426,278)	¥ (31,045,012)

Financial Risks - Summary of Un

Financial Risks - Summary of Unused Amount in Funding With Issuance Limit (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure Of Unused Amount In Funding With Issuance Limit [Line Items]
Unused amount	¥ 7,718,625	¥ 7,531,818
Medium term notes [Member]
Disclosure Of Unused Amount In Funding With Issuance Limit [Line Items]
Unused amount	4,837,619	5,215,965
Corporate bonds [Member]
Disclosure Of Unused Amount In Funding With Issuance Limit [Line Items]
Unused amount	1,639,953	1,162,511
Commercial papers [Member]
Disclosure Of Unused Amount In Funding With Issuance Limit [Line Items]
Unused amount	¥ 1,241,053	¥ 1,153,342

Financial Risks - Summary of Va

Financial Risks - Summary of Value-At-Risk Analysis Measurement Foreign Currency Positions (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Year-end [Member]
Disclosure of value-at-risk analysis measurement foreign currency positions [Line items]
Foreign Currency Positions	¥ 411,300	¥ 381,600
Average [Member]
Disclosure of value-at-risk analysis measurement foreign currency positions [Line items]
Foreign Currency Positions	403,025	393,175
Maximum [Member]
Disclosure of value-at-risk analysis measurement foreign currency positions [Line items]
Foreign Currency Positions	413,800	418,900
MInimum [Member]
Disclosure of value-at-risk analysis measurement foreign currency positions [Line items]
Foreign Currency Positions	¥ 389,000	¥ 369,800

Financial Risks - Summary of Se

Financial Risks - Summary of Sensitivity Analysis of Fair Value Measurement To Changes in Unobservable Inputs, Assets (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Impact on income before income taxes	¥ (49,799)	¥ (42,476)
Impact on other comprehensive income, before tax effect	¥ (221,420)	¥ (238,820)

Financial Risks - Additional In

Financial Risks - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement [Line Items]
Impact on other comprehensive income, before tax effect	¥ (221,420)	¥ (238,820)
Unused commitment lines	5,507,761	4,541,233
Credit limits and other non contractual credit facilities	¥ 47,000	¥ 104,000
Equity price risk [member] \| Trading equity securities [member]
Statement [Line Items]
Percentage of equity financial assets changes	10%	10%
Impact on other comprehensive income, before tax effect	¥ 364,120	¥ 321,472
Interest rate, measurement input [Member]
Statement [Line Items]
Percentage of reasonably possible increase in unobservable input, assets	1%	1%

Derivative financial instrume_3

Derivative financial instruments - Disclosure of Fair Value Measurement of Derivative Assets and Liabilities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of detailed information about hedges [line items]
Current assets - Other financial assets	¥ 4,702,168	¥ 1,715,675
Non-current assets - Other financial assets	11,390,559	10,556,431
Total	16,092,727	12,272,107
Total derivative assets	552,921	610,340
Current liabilities - Other financial liabilities	(1,700,137)	(1,392,397)
Non-current liabilities - Other financial liabilities	(495,814)	(533,710)
Total	(2,195,951)	(1,926,107)
Total derivative liabilities	(432,189)	(456,257)
At fair value [Member] \| Interest rate and currency swap [Member] \| Derivative not designated as hedge [Member]
Disclosure of detailed information about hedges [line items]
Current assets - Other financial assets	180,657	163,777
Non-current assets - Other financial assets	355,245	404,593
Total	535,901	568,371
Current liabilities - Other financial liabilities	(91,120)	(47,044)
Non-current liabilities - Other financial liabilities	(286,396)	(383,184)
Total	(377,516)	(430,228)
At fair value [Member] \| Foreign exchange forward and option contracts [Member] \| Derivative not designated as hedge [Member]
Disclosure of detailed information about hedges [line items]
Current assets - Other financial assets	17,006	41,969
Non-current assets - Other financial assets	14
Total	17,019	41,969
Current liabilities - Other financial liabilities	(54,086)	(26,029)
Non-current liabilities - Other financial liabilities	(588)
Total	¥ (54,673)	¥ (26,029)

Derivative financial instrume_4

Derivative financial instruments - Disclosure of Derivatives Notional Amount (Detail) - Derivative not designated as hedge [Member] - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of detailed information about hedges [line items]
The amount of underlying notional of derivatives	¥ 36,042,835	¥ 29,176,362
Interest rate and currency swap [Member]
Disclosure of detailed information about hedges [line items]
The amount of underlying notional of derivatives	31,825,306	25,999,796
Foreign exchange forward and option contracts [Member]
Disclosure of detailed information about hedges [line items]
The amount of underlying notional of derivatives	¥ 4,217,529	¥ 3,176,566

Derivative financial instrume_5

Derivative financial instruments - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Text block 1 [Abstract]
Gain/Loss on derivative transactions	¥ (267,190)	¥ (129,782)	¥ 773
The aggregate fair value amount of derivative financial instruments that contain credit risk related contingent features that are in a net liability position after being offset by cash collateral	13,166	12,623
The aggregate fair value amount of assets that are already posted as cash collateral	98,840	¥ 111,249
The maximum amount of assets to be posted or for which Toyota could be required to settle the contracts if the ratings of Toyota decline below specified thresholds	¥ 13,166

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Mar. 31, 2024	Mar. 31, 2023
Foreign bonds [Member] \| Japanese bonds [Member]
Statements [Line Items]
Percentage of total investment in bonds	29%	30%
Foreign bonds [Member] \| US European and other bonds [Member]
Statements [Line Items]
Percentage of total investment in bonds	71%	70%
Other equity securities [Member] \| Listed stocks on the Japanese stock markets [Member]
Statements [Line Items]
Percentage of total investment in stocks	85%	86%

Fair Value Measurements - Fair

Fair Value Measurements - Fair Values of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair value, measurements, recurring [Member] - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	¥ 1,540,232	¥ 1,468,422
Financial assets measured at fair value through other comprehensive income	12,121,213	9,830,736
Financial liabilities measured at fair value through profit or loss	(432,189)	(456,257)
Derivative financial instruments [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial liabilities measured at fair value through profit or loss	(432,189)	(456,257)
Public and corporate bonds [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	221,743	193,816
Financial assets measured at fair value through other comprehensive income	8,279,783	6,409,119
Stocks [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	212,393	168,214
Financial assets measured at fair value through other comprehensive income	3,829,893	3,413,780
Derivative financial instruments [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	552,921	610,340
Others [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	553,174	496,052
Financial assets measured at fair value through other comprehensive income	11,537	7,838
Level 1 [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	393,438	432,529
Financial assets measured at fair value through other comprehensive income	7,897,972	7,198,891
Level 1 [Member] \| Public and corporate bonds [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	105,367	98,458
Financial assets measured at fair value through other comprehensive income	4,245,238	3,976,333
Level 1 [Member] \| Stocks [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through other comprehensive income	3,641,197	3,214,720
Level 1 [Member] \| Others [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	288,071	334,071
Financial assets measured at fair value through other comprehensive income	11,537	7,838
Level 2 [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	924,193	861,310
Financial assets measured at fair value through other comprehensive income	4,013,583	2,405,823
Financial liabilities measured at fair value through profit or loss	(432,189)	(456,257)
Level 2 [Member] \| Derivative financial instruments [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial liabilities measured at fair value through profit or loss	(432,189)	(456,257)
Level 2 [Member] \| Public and corporate bonds [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	106,169	88,989
Financial assets measured at fair value through other comprehensive income	4,013,583	2,405,823
Level 2 [Member] \| Derivative financial instruments [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	552,921	610,340
Level 2 [Member] \| Others [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	265,103	161,981
Financial assets measured at fair value through other comprehensive income		0
Level 3 [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	222,601	174,583
Financial assets measured at fair value through other comprehensive income	209,658	226,023
Level 3 [Member] \| Public and corporate bonds [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	10,208	6,369
Financial assets measured at fair value through other comprehensive income	20,962	26,963
Level 3 [Member] \| Stocks [Member]
Disclosure of fair value measurement of financial assets and liabilities [Line items]
Financial assets measured at fair value through profit or loss	212,393	168,214
Financial assets measured at fair value through other comprehensive income	¥ 188,696	¥ 199,060

Fair Value Measurements - Chang

Fair Value Measurements - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair value, measurements, recurring [Member] - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure details of fair value measurements of financial assets [Line items]
Balance at beginning of year	¥ 400,606	¥ 341,146
Net income (loss)	22,282	9,481
Other comprehensive income (loss)	(6,803)	(10,881)
Purchases and issuances	32,678	15,999
Sales and settlements	(7,126)	(17,771)
Transfer to (from) Level 3	21	3,832
Others	(9,399)	58,800
Balance at end of year	432,259	400,606
Unrealized gains or losses included in profit or loss on assets held at March 31	22,214	9,489
Total	22,214	9,489
Public and corporate bonds [Member]
Disclosure details of fair value measurements of financial assets [Line items]
Balance at beginning of year	33,332	21,852
Net income (loss)	28	(71)
Purchases and issuances	4,910
Sales and settlements	(6,155)	(3,716)
Transfer to (from) Level 3	21	5,471
Others	(967)	9,795
Balance at end of year	31,170	33,332
Unrealized gains or losses included in profit or loss on assets held at March 31	(40)	(63)
Total	(40)	(63)
Stocks [Member]
Disclosure details of fair value measurements of financial assets [Line items]
Balance at beginning of year	367,274	319,294
Net income (loss)	22,254	9,551
Other comprehensive income (loss)	(6,803)	(10,881)
Purchases and issuances	27,768	15,999
Sales and settlements	(971)	(14,055)
Transfer to (from) Level 3		(1,639)
Others	(8,432)	49,004
Balance at end of year	401,089	367,274
Unrealized gains or losses included in profit or loss on assets held at March 31	22,254	9,551
Total	¥ 22,254	¥ 9,551

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Carrying Amount And Fair Value of Financial Assets And Liabilities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Receivables related to financial services	¥ 31,694,359	¥ 24,770,851
Long-term debt [Member]
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Long-term debt (Including current portion)	30,611,253	24,333,981
At fair value [Member]
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Receivables related to financial services	31,787,879	24,741,916
At fair value [Member] \| Long-term debt [Member]
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Long-term debt (Including current portion)	30,203,722	23,747,616
Level 2 [Member] \| At fair value [Member] \| Long-term debt [Member]
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Long-term debt (Including current portion)	23,941,863	18,598,205
Level 3 [Member] \| At fair value [Member]
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Receivables related to financial services	31,787,879	24,741,916
Level 3 [Member] \| At fair value [Member] \| Long-term debt [Member]
Disclosure of fair value measurements of financial instruments at amortised cost [Line Items]
Long-term debt (Including current portion)	¥ 6,261,858	¥ 5,149,410

Offsetting Financial Assets a_3

Offsetting Financial Assets and Liabilities - Summary of Offsetting Financial Assets and Financial Liabilities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Other financial assets derivatives [Member]
Disclosure of other derivatives financial assets and financial liabilities [Line items]
Gross amounts of recognized financial assets and financial liabilities	¥ 552,921	¥ 610,340
Financial instruments, Amounts not offset	(94,647)	(196,423)
Collateral of financial instruments, Amounts not offset	(130,363)	(206,087)
Net amount	327,911	207,830
Other financial liabilities derivatives [Member]
Disclosure of other derivatives financial assets and financial liabilities [Line items]
Gross amounts of recognized financial assets and financial liabilities	432,189	456,257
Financial instruments, Amounts not offset	(94,647)	(196,423)
Collateral of financial instruments, Amounts not offset	(52,497)	(97,794)
Net amount	¥ 285,045	¥ 162,040

Employee Benefits - Summary of

Employee Benefits - Summary of Defined Benefit Plans (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Japanese plans [Member]
Disclosure of defined benefit plans [line items]
Balance at beginning of year	¥ 124,069
Remeasurement
Balance at end of year	38,092	¥ 124,069
Japanese plans [Member] \| Present value of defined benefit obligations [Member]
Disclosure of defined benefit plans [line items]
Balance at beginning of year	1,964,655	2,077,151
Current service cost	80,133	87,452
Interest cost / income	21,666	14,816
Remeasurement
Changes in demographic assumptions	850	2,707
Changes in financial assumptions	(74,816)	(120,279)
Other	(2,926)	(9,673)
Past service cost	418	(1,419)
Plan participants' contributions	1,143	1,523
Benefits paid	(90,283)	(87,624)
Effect of changes in exchange rates and other	(2,501)
Balance at end of year	1,898,339	1,964,655
Japanese plans [Member] \| Fair value of plan assets [Member]
Disclosure of defined benefit plans [line items]
Balance at beginning of year	1,840,586	1,844,819
Interest cost / income	21,377	13,576
Remeasurement
Actual return on plan assets, excluding interest income	266,101	(8,619)
Employer contributions	47,459	32,682
Plan participants' contributions	1,143	1,523
Benefits paid	(47,610)	(43,397)
Effect of changes in exchange rates and other	(579)
Balance at end of year	2,128,476	1,840,586
Japanese plans [Member] \| The impact of minimum funding requirement and asset ceiling [Member]
Remeasurement
Balance at end of year	268,228
Foreign plans [Member]
Disclosure of defined benefit plans [line items]
Balance at beginning of year	313,869
Remeasurement
Benefits paid	911,886
Balance at end of year	366,098	313,869
Foreign plans [Member] \| Present value of defined benefit obligations [Member]
Disclosure of defined benefit plans [line items]
Balance at beginning of year	1,423,263	1,487,644
Current service cost	45,581	55,000
Interest cost / income	73,014	57,079
Remeasurement
Changes in demographic assumptions	1,337	30,743
Changes in financial assumptions	(16,818)	(258,990)
Other	2,222	18,248
Past service cost	(18)	3,405
Plan participants' contributions	3,835	3,575
Benefits paid	(64,789)	(60,614)
Effect of changes in exchange rates and other	183,389	87,173
Balance at end of year	1,651,016	1,423,263
Foreign plans [Member] \| Fair value of plan assets [Member]
Disclosure of defined benefit plans [line items]
Balance at beginning of year	1,109,394	1,224,656
Interest cost / income	73,033	48,386
Remeasurement
Actual return on plan assets, excluding interest income	(30,407)	(216,474)
Employer contributions	18,252	16,421
Plan participants' contributions	3,835	3,575
Benefits paid	(34,845)	(34,017)
Effect of changes in exchange rates and other	145,656	66,849
Balance at end of year	¥ 1,284,918	¥ 1,109,394

Employee Benefits - Summary o_2

Employee Benefits - Summary of Defined Benefit Obligation And Unfunded Defined Benefit Obligation (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Japanese plans [Member]
Disclosure of defined benefit plans [line items]
Plan assets	¥ (2,128,476)	¥ (1,840,586)
The impact of minimum funding requirement and asset ceiling	268,228
Total	38,092	124,069
Japanese plans [Member] \| Funded defined benefit obligations [Member]
Disclosure of defined benefit plans [line items]
Defined benefit obligations	1,415,507	1,466,825
Total	(444,741)	(373,761)
Japanese plans [Member] \| Unfunded defined benefit obligations [Member]
Disclosure of defined benefit plans [line items]
Defined benefit obligations	482,833	497,830
Foreign plans [Member]
Disclosure of defined benefit plans [line items]
Plan assets	(1,284,918)	(1,109,394)
Total	366,098	313,869
Foreign plans [Member] \| Funded defined benefit obligations [Member]
Disclosure of defined benefit plans [line items]
Defined benefit obligations	1,250,773	1,076,433
Total	(34,145)	(32,961)
Foreign plans [Member] \| Unfunded defined benefit obligations [Member]
Disclosure of defined benefit plans [line items]
Defined benefit obligations	¥ 400,243	¥ 346,830

Employee Benefits - Summary o_3

Employee Benefits - Summary of Amounts Recognized in the Consolidated Statement of Financial Position are Comprised (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of defined benefit plans [line items]
Retirement benefit liabilities	¥ 1,077,962	¥ 1,065,508
Japanese plans [Member]
Disclosure of defined benefit plans [line items]
Retirement benefit liabilities	597,641	642,774
Other non-current assets (Retirement benefit assets)	(559,550)	(518,705)
Net amount recognized	38,092	124,069
Foreign plans [Member]
Disclosure of defined benefit plans [line items]
Retirement benefit liabilities	480,320	422,734
Other non-current assets (Retirement benefit assets)	(114,222)	(108,865)
Net amount recognized	¥ 366,098	¥ 313,869

Employee Benefits - Summary o_4

Employee Benefits - Summary of Assumptions Used Defined Benefit Provident Fund Plan (Detail)	Mar. 31, 2024	Mar. 31, 2023
Japanese plans [Member]
Disclosure of defined benefit plans [line items]
Discount rate	1.40%	1.10%
Foreign plans [Member]
Disclosure of defined benefit plans [line items]
Discount rate	5.20%	5%

Employee Benefits - Summary o_5

Employee Benefits - Summary of Fair Value of Classes of Plan Assets (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Japanese plans [Member]
Disclosure of fair value of plan assets [line items]
Stocks	¥ 604,210	¥ 440,946
Commingled funds	521,388	492,915
Insurance contracts	236,216	209,261
Other	538,180	504,645
Total	2,128,476	1,840,586
Japanese plans [Member] \| Government bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	135,915	108,585
Japanese plans [Member] \| Bonds (other) [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	92,568	84,234
Japanese plans [Member] \| Quoted prices in active markets available [Member]
Disclosure of fair value of plan assets [line items]
Stocks	604,210	440,946
Other	288,891	295,452
Total	1,029,013	844,968
Japanese plans [Member] \| Quoted prices in active markets available [Member] \| Government bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	135,912	108,570
Japanese plans [Member] \| Quoted prices in active markets not available [Member]
Disclosure of fair value of plan assets [line items]
Commingled funds	521,388	492,915
Insurance contracts	236,216	209,261
Other	249,288	209,193
Total	1,099,463	995,618
Japanese plans [Member] \| Quoted prices in active markets not available [Member] \| Government bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	3	15
Japanese plans [Member] \| Quoted prices in active markets not available [Member] \| Bonds (other) [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	92,568	84,234
Foreign plans [Member]
Disclosure of fair value of plan assets [line items]
Stocks	151,669	177,564
Commingled funds	399,742	394,228
Other	182,607	230,638
Total	1,284,918	1,109,394
Foreign plans [Member] \| Government bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	278,982	121,568
Foreign plans [Member] \| Bonds (other) [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	271,917	185,395
Foreign plans [Member] \| Quoted prices in active markets available [Member]
Disclosure of fair value of plan assets [line items]
Stocks	151,669	177,564
Other	17,899	14,520
Total	448,550	313,652
Foreign plans [Member] \| Quoted prices in active markets available [Member] \| Government bonds [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	278,982	121,568
Foreign plans [Member] \| Quoted prices in active markets not available [Member]
Disclosure of fair value of plan assets [line items]
Commingled funds	399,742	394,228
Other	164,708	216,118
Total	836,367	795,742
Foreign plans [Member] \| Quoted prices in active markets not available [Member] \| Bonds (other) [Member]
Disclosure of fair value of plan assets [line items]
Fair value of plan assets	¥ 271,917	¥ 185,395

Employee Benefits - Summary o_6

Employee Benefits - Summary of Funding Requirement and Asset Ceiling (Detail) - Japanese Defined Benefit Plans [Member] ¥ in Millions	12 Months Ended
	Mar. 31, 2024 JPY (¥)
Disclosure of defined benefit plans [line items]
Change in asset ceiling excluding interest income	¥ 268,228
Ending balance	¥ 268,228

Employee Benefits - Summary o_7

Employee Benefits - Summary of Sensitivity Analysis For Actuarial Assumptions Defined Benefit Obligations (Detail) - Actuarial assumption of discount rates [Member] - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Japanese plans [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
0.5% decrease	¥ 144,307	¥ 153,466
0.5% increase	(118,737)	(131,275)
Foreign plans [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
0.5% decrease	119,443	237,478
0.5% increase	¥ (113,734)	¥ (234,242)

Employee Benefits - Summary o_8

Employee Benefits - Summary of Payment of Pension Benefit (Detail) ¥ in Millions	12 Months Ended
	Mar. 31, 2024 JPY (¥)
Japanese plans [Member]
Disclosure of pension benefit payments [Line Items]
2025	¥ 87,572
2026	89,462
2027	92,801
2028	97,610
2029	95,501
From 2030 to 2034	462,384
Total	925,330
Foreign plans [Member]
Disclosure of pension benefit payments [Line Items]
2025	69,611
2026	75,552
2027	80,562
2028	86,599
2029	90,578
From 2030 to 2034	508,984
Total	¥ 911,886

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of defined benefit plans [line items]
Payroll expenses		¥ 4,385,112	¥ 3,985,518	¥ 3,550,882
Japanese plans [Member] \| Scenario forecasts [Member]
Disclosure of defined benefit plans [line items]
Estimatedcontributions expected to be paid in next annual reporting	¥ 45,860
Foreign plans [Member] \| Scenario forecasts [Member]
Disclosure of defined benefit plans [line items]
Estimatedcontributions expected to be paid in next annual reporting	¥ 16,493

Liabilities for Quality Assur_3

Liabilities for Quality Assurance - Summary of Net Change in Liabilities for Quality Assurances (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Liabilities for quality assurances [Abstract]
Liabilities for quality assurance at beginning of year	¥ 1,686,357	¥ 1,555,711	¥ 1,482,872
Additional provisions	489,967	400,419	362,180
Utilization	(340,872)	(229,623)	(278,094)
Reversals	(37,664)	(59,758)	(32,124)
Other	38,526	19,608	20,877
Liabilities for quality assurance at end of year	¥ 1,836,314	¥ 1,686,357	¥ 1,555,711

Liabilities for Quality Assur_4

Liabilities for Quality Assurance - Summary of Net Changes in Liabilities for Recalls and Other Safety Measures (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Liabilities for recalls and other safety measures [Abstract]
Liabilities for recalls and other safety measures at beginning of year	¥ 1,194,156	¥ 1,171,213	¥ 1,093,689
Additional provisions	288,278	231,874	245,542
Utilization	(188,902)	(178,124)	(165,482)
Reversals	(31,248)	(35,643)	(9,389)
Other	9,406	4,836	6,853
Liabilities for recalls and other safety measures at end of year	¥ 1,271,690	¥ 1,194,156	¥ 1,171,213

Equity and Other Equity Items -

Equity and Other Equity Items - Summary of Shareholder's Equity and Short-term and Long-term Debt (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Statements [Line Items]
Toyota Motor Corporation shareholder's equity	¥ 34,220,991	¥ 28,338,706
Short-term and long-term debt	¥ 36,561,780	¥ 29,380,273

Equity and Other Equity Items_2

Equity and Other Equity Items - Disclosure of Classes of Share Capital (Detail) - Common stock issued [Member] - shares	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of classes of share capital [line items]
Balance at beginning of year	16,314,987,460	16,314,987,460	3,262,997,492
Changes during the year	0	0	13,051,989,968
Balance at end of year	16,314,987,460	16,314,987,460	16,314,987,460

Equity and Other Equity Items_3

Equity and Other Equity Items - Disclosure of Matters Relating To Repurchase (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
May 12, 2021 and November 4, 2021 [member]
Disclosure of treasury shares [Line items]
Number of common shares repurchased			96,196,900
Total purchase price for repurchase of shares			¥ 400,000
March 23, 2022 [member]
Disclosure of treasury shares [Line items]
Number of common shares repurchased		44,114,900	2,111,000
Total purchase price for repurchase of shares		¥ 95,392	¥ 4,607
May 11, 2022 and November 1, 2022 [member]
Disclosure of treasury shares [Line items]
Number of common shares repurchased		169,429,000
Total purchase price for repurchase of shares		¥ 335,685
May 10, 2023 [member]
Disclosure of treasury shares [Line items]
Number of common shares repurchased	64,590,700
Total purchase price for repurchase of shares	¥ 150,000
November 1, 2023 [member]
Disclosure of treasury shares [Line items]
Number of common shares repurchased	26,880,600
Total purchase price for repurchase of shares	¥ 81,037

Equity and Other Equity Items_4

Equity and Other Equity Items - Additional Information (Detail) ¥ in Millions		12 Months Ended
	Oct. 01, 2021 shares	Mar. 31, 2024 JPY (¥) shares	Mar. 31, 2023 JPY (¥) shares	Mar. 31, 2022 shares
Statements [Line Items]
Number of authorized shares		50,000,000,000	50,000,000,000	50,000,000,000
Retained earnings, available for dividend payments \| ¥		¥ 16,723,895	¥ 13,434,394
undistributed earnings [Member]
Statements [Line Items]
Retained earnings related to the equity in undistributed earnings of companies accounted for by the equity method \| ¥		¥ 3,686,124
Treasury shares [Member]
Statements [Line Items]
Shares held in the entity by the entity or its subsidiaries		2,840,815,433	2,749,807,731	2,536,685,916
Top of range [Member] \| Capital surplus and retained earnings [Member]
Statements [Line Items]
Percentage of total amount of capital reserve and retained earnings reserves to stated capital		25%	25%
Bottom of range [Member] \| Capital surplus and retained earnings [Member]
Statements [Line Items]
Percentage of distributions from surplus appropriated as capital or retained earnings reserve		10%	10%
Ordinary shares [member]
Statements [Line Items]
Stock split ratio	5
Ordinary shares [member] \| Stock Split [Member]
Statements [Line Items]
Increase in shares authorized	40,000,000,000
Increase decrease in number of ordinary shares issued	13,051,989,968

Equity and Other Equity Items_5

Equity and Other Equity Items - Disclosure of Other Components of Equity (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of detailed information about other components of equity [Line items]
Beginning balance	¥ 29,264,213	¥ 27,154,820	¥ 24,288,329
Other comprehensive income, net of tax	2,117,103	827,713	1,143,129
Ending balance	35,239,338	29,264,213	27,154,820
Net changes in revaluation of financial assets measured at fair value through other comprehensive income [Member]
Disclosure of detailed information about other components of equity [Line items]
Beginning balance	933,702	1,134,671	1,295,351
Other comprehensive income, net of tax	716,048	(105,435)	(103,131)
Reclassification to retained earnings	(341,709)	(94,233)	(59,110)
Other comprehensive income for the period attributable to non-controlling interests	(7,186)	(1,300)	1,561
Ending balance	1,300,855	933,702	1,134,671
Remeasurements of defined benefit plans [Member]
Disclosure of detailed information about other components of equity [Line items]
Other comprehensive income, net of tax	56,434	82,020	151,243
Reclassification to retained earnings	(45,625)	(72,598)	(149,602)
Other comprehensive income for the period attributable to non-controlling interests	(10,809)	(9,422)	(1,640)
Exchange differences on translating foreign operations [Member]
Disclosure of detailed information about other components of equity [Line items]
Beginning balance	1,902,493	1,068,583	12,375
Other comprehensive income, net of tax	1,344,621	851,129	1,095,017
Other comprehensive income for the period attributable to non-controlling interests	(44,213)	(17,219)	(38,810)
Ending balance	3,202,901	1,902,493	1,068,583
Total other components of equity [Member]
Disclosure of detailed information about other components of equity [Line items]
Beginning balance	2,836,195	2,203,254	1,307,726
Other comprehensive income, net of tax	2,117,103	827,713	1,143,129
Reclassification to retained earnings	(387,334)	(166,831)	(208,712)
Other comprehensive income for the period attributable to non-controlling interests	(62,208)	(27,941)	(38,889)
Ending balance	¥ 4,503,756	¥ 2,836,195	¥ 2,203,254

Equity and Other Equity Items_6

Equity and Other Equity Items - Disclosure of Detailed Information About Other Comprehensive Income and the Corresponding Tax Benefits (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Net changes in revaluation of financial assets measured at fair value through other comprehensive income
Amount incurred during the year (Before tax)	¥ 806,365	¥ 144,160	¥ (71,641)
Amount incurred during the year (Tax effect)	(248,826)	(44,936)	22,399
Amount incurred during the year (After tax)	557,539	99,223	(49,242)
Net changes (Before tax)	806,365	144,160	(71,641)
Net changes (Tax effect)	(248,826)	(44,936)	22,399
Net changes (After tax)	557,539	99,223	(49,242)
Remeasurements of defined benefit plans
Amount incurred during the year (Before tax)	57,616	112,151	188,239
Amount incurred during the year (Tax effect)	(11,289)	(46,998)	(51,989)
Amount incurred during the year (After tax)	46,328	65,153	136,250
Net changes (Before tax)	57,616	112,151	188,239
Net changes (Tax effect)	(11,289)	(46,998)	(51,989)
Net changes (After tax)	46,328	65,153	136,250
Shares of other comprehensive income of equity method investees
Amount incurred during the year (Before tax)	156,118	(77,148)	113,641
Amount incurred during the year (After tax)	156,118	(77,148)	113,641
Net changes (Before tax)	156,118	(77,148)	113,641
Net changes (After tax)	156,118	(77,148)	113,641
Exchange differences on translating foreign operations
Amount incurred during the year (Before tax)	1,178,875	676,042	902,844
Amount incurred during the year (After tax)	1,178,875	676,042	902,844
Net changes (Before tax)	1,178,875	676,042	902,844
Net changes (After tax)	1,178,875	676,042	902,844
Net changes in revaluation of financial assets measured at fair value through other comprehensive income
Amount incurred during the year (Before tax)	33,256	(165,477)	(220,711)
Amount incurred during the year (Tax effect)	(10,459)	49,738	66,536
Amount incurred during the year (After tax)	22,797	(115,738)	(154,175)
Reclassification to profit (loss) (Before tax)	(15,267)	0	1
Reclassification to profit (loss) (Tax effect)	4,717	0	0
Reclassification to profit (loss) (After tax)	(10,550)	0	1
Net changes (Before tax)	17,989	(165,477)	(220,710)
Net changes (Tax effect)	(5,742)	49,738	66,536
Net changes (After tax)	12,247	(115,738)	(154,174)
Shares of other comprehensive income of equity method investees
Amount incurred during the year (Before tax)	182,576	180,181	193,811
Amount incurred during the year (After tax)	182,576	180,181	193,811
Reclassification to profit (loss) (Before tax)	(16,579)
Reclassification to profit (loss) (After tax)	(16,579)
Net changes (Before tax)	165,996	180,181	193,811
Net changes (After tax)	165,996	180,181	193,811
Total other comprehensive income (Before tax)	2,382,959	869,909	1,106,184
Total other comprehensive income (Tax effect)	(265,856)	(42,196)	36,945
Total other comprehensive income, net of tax	¥ 2,117,103	¥ 827,713	¥ 1,143,129

Equity and Other Equity Items_7

Equity and Other Equity Items - Disclosure of Detailed Information About Dividends Paid (Detail) - Common shares [Member] - JPY (¥) ¥ / shares in Units, ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
The Board of Directors Meeting on May 12, 2021
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)			¥ 377,453
Dividend per share (yen)			¥ 135
Record date			Mar. 31, 2021
Dividends effective date			May 28, 2021
The Board of Directors Meeting on November 4, 2021
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)			¥ 332,419
Dividend per share (yen)			¥ 120
Record date			Sep. 30, 2021
Dividends effective date			Nov. 25, 2021
The Board of Directors Meeting on May 11, 2022
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)		¥ 385,792
Dividend per share (yen)		¥ 28
Record date		Mar. 31, 2022
Dividends effective date		May 27, 2022
The Board of Directors Meeting on November 1, 2022
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)		¥ 342,187
Dividend per share (yen)		¥ 25
Record date		Sep. 30, 2022
Dividends effective date		Nov. 22, 2022
The Board of Directors Meeting on May 10, 2023
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)	¥ 474,781
Dividend per share (yen)	¥ 35
Record date	Mar. 31, 2023
Dividends effective date	May 26, 2023
The Board of Directors Meeting on November 1, 2023
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)	¥ 405,416
Dividend per share (yen)	¥ 30
Record date	Sep. 30, 2023
Dividends effective date	Nov. 22, 2023
The Board of Directors Meeting on May 8, 2024
Disclosure of detailed information about dividends payable [Line items]
Total amount of dividends (yen in millions)	¥ 606,338
Dividend per share (yen)	¥ 45
Record date	Mar. 31, 2024
Dividends effective date	May 24, 2024

Sales Revenues - Summary Of Sal

Sales Revenues - Summary Of Sales Revenues From External Customers By Business And By Product Category (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	¥ 41,648,130	¥ 34,367,619	¥ 29,073,428
Financial services	3,447,195	2,786,679	2,306,079
Total sales revenues	45,095,325	37,154,298	31,379,507
Vehicles, Automotive [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	35,249,865	28,394,256	23,739,442
Parts and components for production, Automotive [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	1,596,111	1,710,422	1,504,215
Parts and components for after service, Automotive [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	3,166,586	2,866,196	2,407,143
Other, Automotive [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	1,068,169	805,995	881,193
Total automotive [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	41,080,731	33,776,870	28,531,993
All other [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Sales of products	¥ 567,399	¥ 590,749	¥ 541,436

Sales Revenues - Summary Of Bre

Sales Revenues - Summary Of Breakdown Of Income From Leases Included in Finance Income From Finance Business (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of income from lease included in finance income as follows:
Financial income related to net lease investment	¥ 208,257	¥ 164,820	¥ 134,512
Operating leases	1,207,719	1,169,018	1,093,545
Total	¥ 1,415,975	¥ 1,333,838	¥ 1,228,057

Sales Revenues - Summary Of B_2

Sales Revenues - Summary Of Breakdown Of Contract Liabilities (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023	Apr. 01, 2022
Contract liabilities [abstract]
Contract liabilities	¥ 1,392,390	¥ 1,068,212	¥ 989,959

Sales Revenues - Additional Inf

Sales Revenues - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Statements [Line Items]
Financial service revenues	¥ 3,447,195	¥ 2,786,679	¥ 2,306,079
Contract with customer liability reclassified to revenue	577,917	529,016
Insurance revenues [Member]
Statements [Line Items]
Unsatisfied performance obligations	433,218	352,239
Insurance revenues [Member] \| Not later than one year [Member]
Statements [Line Items]
Unsatisfied performance obligations	125,303	101,392
Insurance revenues [Member] \| Later than one year [member]
Statements [Line Items]
Unsatisfied performance obligations	307,914	250,847
Contracts with the customers [Member]
Statements [Line Items]
Financial service revenues	¥ 187,035	166,220	¥ 138,718
Bottom of range [Member] \| Insurance revenues [Member]
Statements [Line Items]
Contract period	3 months
Bottom of range [Member] \| Maintenance revenues [Member]
Statements [Line Items]
Contract period	18 months
Top of range [Member] \| Insurance revenues [Member]
Statements [Line Items]
Contract period	120 months
Top of range [Member] \| Maintenance revenues [Member]
Statements [Line Items]
Contract period	84 months
Performance obligations related to contracts [Member]
Statements [Line Items]
Unsatisfied performance obligations	¥ 1,038,630	¥ 834,624

Research and Development Cost -

Research and Development Cost - Disclosure of Breakdown of Research and Development Expense (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of research and development cost
Research and development expenditures incurred during the year	¥ 1,202,373	¥ 1,241,686	¥ 1,124,262
Total	1,238,271	1,224,564	1,091,675
Capitalised development expenditure [Member]
Disclosure of research and development cost
Amount capitalized	(124,788)	(181,634)	(200,512)
Intangible assets under development [Member]
Disclosure of research and development cost
Amortization of capitalized development costs	¥ 160,686	¥ 164,512	¥ 167,926

Other Finance Income and Cost_2

Other Finance Income and Costs - Summary of Other Finance Income and Costs (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Other finance income
Other	¥ 165,370	¥ 35,939	¥ 138,416
Total	747,236	379,350	334,760
Other finance costs
Financial liabilities measured at amortized cost	(64,733)	(47,356)	(32,458)
Other	(38,975)	(77,757)	(11,539)
Total	(103,709)	(125,113)	(43,997)
Interest income [Member]
Other finance income
Financial assets measured at amortized cost	289,035	101,737	16,920
Financial assets measured at fair value through other comprehensive income	165,653	132,365	84,592
Dividend income [Member]
Other finance income
Financial assets measured at fair value through other comprehensive income	¥ 127,178	¥ 109,308	¥ 94,833

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of The Difference Between Basic And Diluted Earnings Per Share (Detail) - JPY (¥) ¥ / shares in Units, shares in Thousands, ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of reconciliation between basic and diluted earning per share [Abstract]
Net income attributable to Toyota Motor Corporation	¥ 4,944,933	¥ 2,451,318	¥ 2,850,110
Basic earnings per share attributable to Toyota Motor Corporation	4,944,933	2,451,318	2,850,110
Model AA Class Shares	0	0	23
Diluted earnings per share attributable to Toyota Motor Corporation	¥ 4,944,933	¥ 2,451,318	¥ 2,850,132
Basic earnings per share attributable to Toyota Motor Corporation	13,512,848	13,658,382	13,887,348
Model AA Class Shares	0	0	311
Diluted earnings per share attributable to Toyota Motor Corporation	13,512,848	13,658,382	13,887,659
Basic earnings per share attributable to Toyota Motor Corporation	¥ 365.94	¥ 179.47	¥ 205.23
Diluted earnings per share attributable to Toyota Motor Corporation	¥ 365.94	¥ 179.47	¥ 205.23

Earnings Per Share - Summary of

Earnings Per Share - Summary of Shareholders' Equity Per Share (Detail) - JPY (¥) ¥ / shares in Units, shares in Thousands, ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Disclosure of shareholders equity per share [Abstract]
Toyota Motor Corporation shareholders' equity	¥ 34,220,991	¥ 28,338,706
Common shares issued and outstanding at the end of the year (excluding treasury stock)	13,474,172	13,565,180
Toyota Motor Corporation shareholders' equity per share	¥ 2,539.75	¥ 2,089.08

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of contingent liabilities [line items]
Model AA Class Shares	¥ 0	¥ 0	¥ 23

Contractual commitments and c_2

Contractual commitments and contingent liabilities - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of contingent liabilities [line items]
Contractual commitments	¥ 4,712,085	¥ 522,336
Maximum potential amount of future payment	¥ 3,310,990	3,600,631
Expiration Date of Concentration of Labor Supply In Employees under Agreeements	Aug. 31, 2024
Contingent liability for guarantees [Member]
Disclosure of contingent liabilities [line items]
Estimated liability for guarantees contract	¥ 11,851	¥ 16,759
Contingent liability for guarantees [Member] \| Maximum [Member]
Disclosure of contingent liabilities [line items]
Guarantee period	8 years
Contingent liability for guarantees [Member] \| Minimum [Member]
Disclosure of contingent liabilities [line items]
Guarantee period	1 month

Details of Company Organizati_2

Details of Company Organization - Additional Information (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Consolidated structured entities [Member]
Statement [Line Items]
Retail finance receivables	¥ 6,257,786	¥ 5,037,203
Secured debt	6,371,509	5,245,195
Unconsolidated structured entities [Member] \| Other equity securities [Member]
Statement [Line Items]
Carrying value of investment trust securities	92,875	17,217
Unconsolidated structured entities [Member] \| Debt securities [Member]
Statement [Line Items]
Carrying value of the special purpose entities	¥ 1,911,621	¥ 784,826

Related party transactions - Ba

Related party transactions - Balances of Receivables and Payables with Associates and Joint Ventures (Detail) - JPY (¥) ¥ in Millions	Mar. 31, 2024	Mar. 31, 2023
Trade accounts and other receivables
Amounts receivable, related party transactions	¥ 609,805	¥ 532,674
Trade accounts and other payables
Amounts payable, related party transactions	1,432,815	1,459,904
Associates [Member]
Trade accounts and other receivables
Amounts receivable, related party transactions	464,728	447,400
Trade accounts and other payables
Amounts payable, related party transactions	1,423,147	1,459,209
Joint ventures [Member]
Trade accounts and other receivables
Amounts receivable, related party transactions	145,077	85,275
Trade accounts and other payables
Amounts payable, related party transactions	¥ 9,668	¥ 695

Related party transactions - Su

Related party transactions - Summary Of Related Party Transactions (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of transactions between related parties [line items]
Sales revenues	¥ 3,799,268	¥ 3,544,240	¥ 2,362,384
Cost of products sold (purchases)	12,501,811	9,951,507	7,947,095
Associates [Member]
Disclosure of transactions between related parties [line items]
Sales revenues	3,137,067	2,821,963	1,948,681
Cost of products sold (purchases)	12,426,770	9,891,804	7,946,788
Joint ventures [Member]
Disclosure of transactions between related parties [line items]
Sales revenues	662,202	722,278	413,703
Cost of products sold (purchases)	¥ 75,042	¥ 59,703	¥ 308

Related party transactions - Di

Related party transactions - Disclosure Of Key Management Compensation (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of key management personnel compensation [Line Items]
Base compensation	¥ 1,107	¥ 1,226	¥ 1,083
Bonus	1,054	397	196
Share compensation	1,862	808	772
Total	¥ 4,024	¥ 2,430	¥ 2,051

Related party transactions - Ad

Related party transactions - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disclosure of transactions between related parties [line items]
Dividends from associates and joint ventures	¥ 460,008	¥ 349,632
Acquisition price related party transactions	¥ 5,169

Supplemental cash flow inform_2

Supplemental cash flow information - Additional Information (Detail) - JPY (¥) ¥ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disclosure of supplement cash flow information [Line Items]
Other, net	¥ 1,392,565	¥ (207,829)	¥ (1,898,143)
Net increase in time deposits [Member]
Disclosure of supplement cash flow information [Line Items]
Other, net	¥ 1,395,707
Net decrease in time deposits [Member]
Disclosure of supplement cash flow information [Line Items]
Other, net		¥ 307,970

Significant subsequent events -

Significant subsequent events - Additional Information (Detail) - JPY (¥) ¥ in Millions		12 Months Ended
	May 09, 2024	Apr. 30, 2025	Mar. 31, 2024
Disclosure of non-adjusting events after reporting period [line items]
Class of stock to be repurchased			Common stock of TMC
Maximum number of shares to be repurchased.			410,000,000
Maximum purchase price of repurchased shares			¥ 1,000,000
Period of repurchase		May 9, 2024 to April 30, 2025
Class of stock retired	Common stock of TMC
Number of shares retired	520,000,000
Date of retirement	May 09, 2024