# The results mark Toyota's fourth consecutive year-over-year decline in operating profit.

*aerospace · news · 2026-05-08 · CNBC*

## Key points

- Toyota has experienced its fourth consecutive year-over-year decline in operating profit.
- Toyota's net income grew to 817.2 billion yen from 664.6 billion yen last year.
- Toyota reduced its operating income forecast for fiscal 2027 by over 20% to 3 trillion yen.
- Toyota attributed a significant rise in breakeven volume to increased investments and U.S. tariffs.
- Toyota has started cost reforms and new sales initiatives to counter profitability pressures.

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

[Read the full story on CNBC](https://www.cnbc.com/2026/05/08/toyota-1q-2026-earnings.html)

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