Toyota's sales up, full-year forecast revised despite tariff impacts

Toyota Motor Corporation announced its consolidated financial results for the second quarter (interim period) of the fiscal year ending March 2026, reporting a 5.8% increase in sales revenues to JPY 24,630.7 bn. Operating income decreased by 18.6% to JPY 2,005.6 bn, primarily due to increased expenses and U.S. tariffs. Net income attributable to Toyota Motor Corporation decreased by 7.0% to JPY 1,773.4 bn.

For the full fiscal year ending March 2026, Toyota revised its sales revenue forecast upward by JPY 500.0 bn to JPY 49,000.0 bn and its operating income forecast upward by JPY 200.0 bn to JPY 3,400.0 bn. The company anticipates a negative impact of JPY 1,450.0 bn on full-year operating income due to U.S. tariffs, with JPY 900.0 bn already impacting the first half. Dividends are projected at JPY 95 per share for the full year, an increase of JPY 5 compared to the previous year.

Toyota's consolidated vehicle sales for the first half of FY2026 rose by 5.0% to 4,783 thousand units, with electrified vehicles comprising 46.9% of total sales. The company plans to continue stable dividend increases, emphasizing product competitiveness and strategic investments to improve productivity and expand its value chain.