Toyota Motor Philippines (TMP) announced a record-breaking financial performance for the first nine months (January to September) of 2025, driven by robust sales volume, an optimized model mix, and favorable market conditions.
TMP’s net income soared by 38.1% year-on-year, reaching a record Php 16.8 billion during the period. Consolidated revenues also saw significant growth, climbing 11.6% to Php 199.6 billion.
This solid performance is attributed to:
Strong Unit Sales Volume: Retail sales reached 164,797 units, marking a 3.6% increase from the previous year.
Market Leadership: TMP maintained its dominant position in the Philippine automotive market, capturing a 45.6% market share in the first nine months of 2025.
Strategic Factors: The company benefited from improvements in its model mix and a favorable foreign exchange environment.
TMP successfully sustained its momentum through the expansion of its electrified vehicle (EV) lineup and the successful introduction of new models. Key drivers included the Corolla Cross HEV, the new Land Cruiser Prado, Lexus LBX, Lexus GX, a refreshed Camry, and the highly anticipated Next Generation Tamaraw.
Looking ahead, TMP is optimistic about continued growth. TMP President Masando Hashimoto stated:
“Our sustained performance reflects the enduring trust and loyalty of our customers in the Toyota brand. We look forward to building on this momentum, supported by stronger consumer spending during the holiday season and the enthusiasm surrounding the recent introduction of the All-New Toyota ATIV, which makes our range of electrified vehicles more accessible to Filipino consumers.”
The introduction of the All-New Toyota ATIV is set to further enhance the accessibility of electrified vehicles for Filipino consumers, reinforcing TMP’s commitment to sustainable mobility.
