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The world's top-selling automaker expects an operating income of 3.0 trillion yen ($19 billion) in the year to March 2027.
Toyota projects a 20% profit decline for the current financial year, citing Middle East conflict risks.
KEY POINTS
- The company's 3.0 trillion yen profit forecast is significantly below analysts' 4.59 trillion yen consensus.
- Toyota's vehicle sales in the Middle East dropped sharply in March due to shipment disruptions.
- This is the first earnings outlook issued under new CEO Kenta Kon's leadership.
COMPANIES
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