Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Toyota Plans Higher Compensation for Board as Earnings Increase

May 28 (Bloomberg) -- Toyota Motor Corp., the world’s biggest carmaker, plans to increase compensation and bonuses for board members as it forecasts profit and sales will climb to the highest level in six years.

Toyota plans to pay 1.1 billion yen ($10.8 million) in compensation and 428 million yen in bonuses to directors, as well as audit and supervisory board members, for the year ended March 2013, the company said in a notice sent to shareholders. The total is 28 percent higher than a year earlier.

The Japanese carmaker, which retook its global sales crown from General Motors Co. and Volkswagen AG last year, projects net income to increase 42 percent to 1.37 trillion yen in the year ending March 2014. The Toyota City, Japan-based company earlier this month reported its biggest annual profit in five years, and in March approved the biggest bonus for workers since 2008.

The amount to be paid to directors will be decided at Toyota’s June 14 shareholders’ meeting.

To contact the reporter on this story: Anna Mukai in Tokyo at;

To contact the editor responsible for this story: Young-Sam Cho at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.