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Toyota anticipates a 22% drop in net profit for the upcoming fiscal year, citing the impact of US tariffs.
Toyota forecasts a 22% net profit drop for the 2025-26 fiscal year due to US tariffs.
KEY POINTS
- Despite a 19.2% profit decrease, Toyota increased sales volumes and implemented price adjustments.
- Toyota's revenues rose 5.5% last year to reach 50.7 trillion yen.
- Toyota projects revenue to increase slightly to 51.0 trillion yen for the current period.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →