Toyota Plays Down Tariff Impact but Expects ¥1 Tril. Profit Drop; Strengthening Yen, Rising Material Costs Hit Company

Toyota Plays Down Tariff Impact but Expects ¥1 Tril. Profit Drop; Strengthening Yen, Rising Material Costs Hit Company

Toyota Motor Corp. expects its operating profit to decline by around ¥1 trillion for the current fiscal year, according to a press release by the company.

By Editor of Sin Comillas The Japanese car manufacturer Toyota won 4.76 billion yen ($32.7 billion) in its last fiscal year closed in March, 3.6% less, for lower vehicle sales. The company warned that its profits will decrease this year due to the impact of US tariffs. Revenues rose 6.5%, to $33 billion. Toyota and Lexus sold 10.27 million vehicles, 0.3% less. The company has said it is difficult to forecast how much the cost of tariffs will be …

Toyota Motor Corp on Thursday forecast a 21% drop in profit for the current financial year as pressure from U.S. President Donald Trump’s tariffs and a rising yen dampen strong demand for hybrids. The world’s top-selling automaker expects operating income in the year to March 2026 to total 3.8 trillion yen ($26 billion), down from 4.8 trillion yen in the year just ended. That was roughly in line with the 4.75 trillion yen average of 25 analysts …

Toyota’s annual revenue breaks records as EV sales rise

Japan’s largest automaker, Toyota, reported record sales for the fiscal year that ended in March, but profit fell in the latest quarter. The company’s net profit for the period from January to March was 664.6 billion yen ($4.6B), down from 997.6 billion in the same period in 2024. Annual revenue reached a record 48 trillion yen ($333.6B), up from 45 trillion a year earlier. Toyota is forecasting sales of 48.5 trillion ($337B) for the current  Qu…

UK cars get tariff cut, Trump's EV infrastructure rollback, Toyota sees profit decline

Top Stories UK cars get U.S. tariff cut in new trade deal. Read More California leads legal battle against Trump’s EV infrastructure rollback. Read More Toyota sees major profit hit from Trump tariffs, weak U.S. dollar. Read More  Mitsubishi considers U.S. factory return amid tariffs and sales decline Featured Interviews  Get a first look at the 2025 CUPRA Terramar with Lauren Fix On location in Miami for CBT News, Lauren Fix, founder of Car Coa…

Toyota Forecasts 20% Profit Drop as Trade Disruptions and Currency Weakness Hit Financials

Toyota expects a significant decline in profits for the current financial year, forecasting a 20% drop in operating income. The company cited the impact of President Donald Trump’s tariffs and the ongoing weakness in the U.S. dollar as key factors that will weigh on its financial performance. In its latest forecast, Toyota predicts operating income [...] The post Toyota Forecasts 20% Profit Drop as Trade Disruptions and Currency Weakness Hit Fin…