Toyota cuts profit outlook on 1.4 trillion yen tariff hit
Toyota Motor Corporation reported first-quarter operating profit fell 10.9% to 1.16 trillion yen despite revenue rising 3.5% to 12.25 trillion yen. A 450 billion yen tariff impact drove the profit decline.
The company cut full-year operating profit guidance by 600 billion yen to 3.2 trillion yen, citing an expected 1.4 trillion yen tariff impact for fiscal 2026.
Toyota said it would counter the headwinds through higher volumes, cost improvements and expanded value chain revenues.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Toyota Motor Corporation publishes news
Free account required • Unsubscribe anytime