(dark) (light) The Comets were unbeaten in the semifinals, winning all their six matches.
[1] April 9: The very first double-header of the PBA season had 18,000 fans trooped to the Araneta Coliseum, Toyota Comets beat U/Tex Weavers, 105-101, in the second game, Ompong Segura topscored for the Comets with 23 points and Francis Arnaiz added 22 points.
July 17: Toyota beats U/tex, 127-112, to become the first team to reach the PBA finals.
The Toyota Comets won the first two conferences of the PBA's inaugural season by defeating their rivals Crispa Redmanizers.
In the All-Philippine championship, Toyota and Crispa played for the third straight time in the finals and the Comets were denied of a Grandslam season by the Redmanizers, which took the deciding fifth game for a 3-2 series victory.