It almost feels like an annual tradition to say this, but it’s been another big year for Toyota Motor Philippines (TMP). This time around, we don’t say it based on sales figures alone—we now have an idea of the company’s revenue so far this year.
GT Capital Holdings just released its consolidated net income from January to September 2026, and throughout this period TMP reported a net income of P11 billion. For reference, it’s slightly lower than last year, as the company had already earned P12.5 billion halfway through 2025. It eventually ended the year with a net income of P19 billion.
Sales of non-electrified vehicles slowed down across all automotive brands this year due to the fuel crisis. In turn, however, it has resulted in an uptick in Toyota’s HEV and BEV sales. Toyota sold 37% more electrified models this year than it did in 2025, and these models now account for 11.8% of the brand’s total sales figures.
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“Despite prevailing market conditions, TMP remained committed to strengthening its mobility offerings to support the evolving needs of Filipino motorists and commuters,” said TMP president Masando Hashimoto. “We will continue to build on this momentum as we anticipate further recovery in the sector in the remainder of the year.”
On a different note, that “remainder of the year” for Hashimoto will also mark the end of his tenure in the Philippines. He has officially been reassigned to a different regional post, which he will move into at the turn of the new year.
Despite a slight dip in sales and upcoming management changes, TMP is still ending the year strong, having recently concluded the Toyota Gazoo Racing Philippine Cup, which this year hosted the first-ever Tamaraw one-make race series. Next month, Toyota will officially open Rookie Racing Garage Manila, its newest joint venture with Toyota Manila Bay and Autoplus Sports. Looking ahead to 2027, it will be another busy year for the world’s biggest carmaker, as it will host the GR86 Cup in the Philippines.
