# Toyota reported an almost 50% drop in quarterly earnings.

*aerospace · news · 2026-05-08 · RTE.ie*

## Key points

- Toyota expects the Iran war to cost it $4.3 billion by March 2027.
- Toyota predicts full-year operating profit will drop to 3 trillion yen, below analysts’ expectations.
- Toyota anticipates hybrid sales will surpass 5 million vehicles for the first time this year.
- The $4.3 billion impact estimate includes 400 billion yen in higher costs and 270 billion yen from supply disruptions.
- Toyota’s Middle East sales dropped sharply in March due to shipment disruptions.

**Companies:** Toyota
**Countries:** Japan

[Read the full story on RTE.ie](https://www.rte.ie/news/business/2026/0508/1572346-toyota-expects-43-billion-hit-from-war/)

---

Canonical: https://newsio.io/n/e5876d29-5f51-4f32-86fa-a2882be76047/toyota-reported-an-almost-50-drop-in-quarterly-earnings-full-year-profit-to-decl
Summarized by Newsio from RTE.ie. https://newsio.io/how-it-works