# Toyota Motor Corp. forecast an abrupt drop in operating profit.

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

## Key points

- Toyota forecasts operating income of ¥3 trillion for fiscal year ending March 2027.
- This forecast is significantly below analyst consensus of ¥4.6 trillion and last year's ¥3.8 trillion.
- Toyota cites higher raw material costs and disruptions from the Iran conflict for the profit decline.
- Toyota shares fell as much as 3.5% following the profit outlook announcement.

**Companies:** Toyota Motor Corp.
**Countries:** Japan

[Read the full story on Bloomberg](https://www.bloomberg.com/news/articles/2026-05-08/toyota-issues-cautious-outlook-on-iran-conflict-supply-concerns)

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