business / news / / The Japan Times
Toyota Motor forecast an abrupt drop in operating profit.
Toyota forecast operating income of ¥3 trillion for fiscal year ending March 2027.
KEY POINTS
- This projection falls short of analyst consensus of ¥4.6 trillion and prior period's ¥3.8 trillion.
- Toyota suppliers are experiencing shortages in key materials due to the ongoing conflict in Iran.
- Toyota estimates a negative ¥670 billion impact to its bottom line from regional turmoil.
COMPANIES
Summarized by Newsio from The Japan Times . How we summarize →