Toyota Raises Profit Projection for the Year as Sales Hold up
A weaker yen and stronger hybrid sales lifted quarterly profit 34%, prompting Toyota to raise its full-year operating profit forecast to 3.9 trillion yen.
- On Thursday, November 5, 2026, Toyota reported its first profit gain in six quarters, with operating profit hitting 1.13 trillion yen for the July-September quarter and the company raising its annual outlook by 15 per cent.
- A weaker yen and robust demand for higher-margin hybrid vehicles offset a sales slide in China and the Middle East, signaling the automaker's strategy of focusing on petrol-electric hybrids is paying off.
- Toyota shares soared more than 16 per cent in afternoon trade, marking their biggest single-day gain since 1987, as the company increased a planned share buyback to 1.3 trillion yen.
- Chief Accounting Officer Takanori Azuma told a briefing the company is offsetting Middle East instability and surging material prices through targeted sales efforts and internal cost reductions.
- Toyota committed to spending up to 14 trillion yen on shareholder returns by March 2031, while estimating 1 trillion yen annual costs from 2028 to modernize factories with automation and robotics.
65 Articles
65 Articles
Japan's car manufacturer has increased the annual profit forecast to $24.6 billion, with additional support for sales in North America and a weakening of yen.
Toyota Motor increased its annual profit forecast after reporting a higher quarterly operating profit, driven by devaluation of the yen and cost cuts. Exclusive material for subscribers. To have full access, access the link of the material and register.
The group has announced that it increases the annual dividend by action and will expand its title buyback plan.
Japan's Toyota rose nearly 17 percent on Thursday, its biggest daily gain since 1987. The world's largest automaker has increased its profit for the first time in six quarters and improved its full-year outlook, helped by strong demand for hybrid vehicles in the United States and a weaker yen.
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D24&w=64&q=75){kind=small}
Toyota Raises Annual Profit Forecast by 15% as Hybrid Demand Boosts Earnings
Toyota recorded its first quarterly operating-profit increase in six quarters, driven by strong demand for higher-margin hybrid vehicles, a weaker yen and lower US tariffs. The automaker raised its annual profit forecast by 15% and unveiled plans to return up to $89 billion to shareholders by March 2031.
Coverage Details
Bias Distribution
- 38% of the sources lean Right
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
