Toyota Motor Philippines (TMP) net income grew a record 66 percent to PHP12.5 billion in the first half of 2025, while its consolidated revenues increased 19 percent to PHP135.6 billion.
In a disclosure to the Philippine Stock Exchange, parent firm GT Capital Holdings Inc. said its automotive and mobility company’s remarkable performance in the January to June period is attributed to strong retail sales volume, healthy models mix, and favorable foreign exchange movement.
TMP’s retail sales volume reached 111,276 units, up 6.6 percent compared to the first half of 2024, outpacing total auto industry growth of 5.8 percent. Sales in the first half ensured TMP’s position as the country’s leading automotive brand with a market share of 46.1 percent, as of June 30, 2025.
Also, TMP continued to ramp up sales of its electrified vehicle models in pursuit of its multi-pathway approach to mobility.
Combined electrified vehicle sales of both Lexus and Toyota grew 42 percent in the first half, equivalent to a total of 9,116 units, higher than the 6,419 units sold in the same period in 2024. ―TMP’s record performance in the first half of the year is reflective of the Filipinos’ value-conscious choice – their continued trust and confidence in the quality, durability, and reliability of Toyota’s products and services.
“We remain committed to our multi-pathway approach to carbon neutrality, emphasizing the need to provide our customers with diverse, accessible, and practical mobility options as we also support the country’s sustainability goals. We will continue to maintain our guarded optimism in our outlook for the remainder of the year, against the backdrop of a dynamic global and local economic environment,” said TMP President Masando Hashimoto.
