Toyota Forecasts 34.9 Pct Drop in Net Profit
Toyota Forecasts 34.9 Pct Drop in Net Profit
Tokyo, May 8 (Jiji Press)--Japan's Toyota Motor Corp. on Thursday said that its consolidated net profit for the current fiscal year ending in March 2026 is expected to drop 34.9 pct from a year earlier to 3.1 trillion yen. The fall reflects the full-blown impact of high tariffs imposed by the administration of U.S. President Donald Trump. Toyota said that its operating profit would be pushed ...
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