# Toyota halved its quarterly profit in an earnings report on Friday.

*business · news · 2026-05-08 · Devdiscourse*

## Key points

- Toyota forecasts a 20% drop in operating profit for the new financial year.
- Toyota's profit outlook is significantly below the median analyst estimate of 4.59 trillion yen.
- The Middle East crisis is expected to cost Toyota around 670 billion yen this financial year.
- Toyota's sales in the Middle East fell sharply in March due to regional shipment disruptions.
- U.S. tariffs reduced Toyota's operating profit by 1.4 trillion yen in the last financial year.

**Companies:** Toyota
**Countries:** Japan, Germany, Iran, United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3900901-update-2-toyota-halves-quarterly-profit-as-iran-crisis-hits)

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