-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OA6y2XDMkScusVfmWONRVWbRX7pT3Vb1vBBxfcyQdL9TY43Wpmzmc05Muj33Gasu z68fALzudBL5ETo7kU4khw== 0000834071-96-000013.txt : 19960506 0000834071-96-000013.hdr.sgml : 19960506 ACCESSION NUMBER: 0000834071-96-000013 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960331 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 19960503 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA MOTOR CREDIT CORP CENTRAL INDEX KEY: 0000834071 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 953775816 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09961 FILM NUMBER: 96556009 BUSINESS ADDRESS: STREET 1: 19001 S WESTERN AVE STREET 2: PO BOX 2958 FN12 CITY: TORRANCE STATE: CA ZIP: 90509-2958 BUSINESS PHONE: 3107873848 MAIL ADDRESS: STREET 1: 19001 S WESTERN AVE CITY: TORRANCE STATE: CA ZIP: 90509 8-K 1 CURRENT REPORT ON FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 3, 1996 ----------- TOYOTA MOTOR CREDIT CORPORATION -------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) California 1-9961 95-3775816 ------------------- ---------------- ------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 19001 South Western Avenue Torrance, California 90509 ---------------------------------------- -------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (310) 787-1310 -------------- Item 5. Other Events ------------ Toyota Motor Credit Corporation's (the "Company's") net income for the three months and six months ended March 31, 1996 was $36 million and $77 million, respectively, as compared to $45 million and $89 million for the same periods in fiscal 1995. Total assets were $17.6 billion, $16.2 billion and $16.4 billion at March 31, 1996, September 30, 1995 and March 31, 1995, respectively. Total net earning assets (consisting of investments in operating leases, net and finance receivables, net) were $16.9 billion, $15.4 billion and $15.0 billion at March 31, 1996, September 30, 1995 and March 31, 1995, respectively. Total notes and loans payable, including the effect of foreign currency translations at spot rates in effect at the balance sheet date, were $13.9 billion, $12.7 billion and $13.2 billion at March 31, 1996, September 30, 1995 and March 31, 1995, respectively. Total shareholder's equity was $1.8 billion, $1.7 billion and $1.6 billion at March 31, 1996, September 30, 1995 and March 31, 1995, respectively. Financial results for the three months and six months ended March 31, 1996 and 1995 follow:
Three Months Ended Six Months Ended March 31, March 31, ------------------ ---------------- 1996 1995 1996 1995 ------ ------ ------ ------ (Unaudited) Financing Revenues: Leasing................................. $ 593 $ 465 $1,150 $ 894 Retail financing........................ 103 107 204 216 Wholesale and other dealer financing.... 28 29 58 55 ------ ------ ------ ------ Total financing revenues................... 724 601 1,412 1,165 Depreciation on operating leases........ 394 298 764 575 Interest expense........................ 196 175 389 336 ------ ------ ------ ------ Net financing revenues..................... 134 128 259 254 Other revenues............................. 29 26 58 51 ------ ------ ------ ------ Net Financing Revenues and Other Revenues.. 163 154 317 305 ------ ------ ------ ------ Expenses: Operating and administrative............ 74 64 139 124 Provision for credit losses............. 29 15 50 33 ------ ------ ------ ------ Total Expenses............................ 103 79 189 157 ------ ------ ------ ------ Income before income taxes................. 60 75 128 148 Provision for income taxes................. 24 30 51 59 ------ ------ ------ ------ Net Income................................. $ 36 $ 45 $ 77 $ 89 ====== ====== ====== ======
SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. TOYOTA MOTOR CREDIT CORPORATION ------------------------------- (Registrant) Date: May 3, 1996 By /S/ WOLFGANG JAHN ------------------------------- WOLFGANG JAHN Senior Vice President and General Manager (principal executive officer) -----END PRIVACY-ENHANCED MESSAGE-----