
Toyota Forecasts Profit Decline Amid Tariffs and Geopolitical Concerns
Toyota has forecast a significant drop in its annual profit, attributing the decline to factors such as US tariffs and geopolitical tensions, including the situation in Iran.
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Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
The world's largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.
Read full article →Toyota forecasts abrupt profit drop on Iran, shares fall
The stock reversed gains and fell as much as 2.2% after the company issued an outlook for ¥3 trillion in operating income for the fiscal year ending March 2027.
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