Toyota sees 21% full-year profit decline for fiscal 2025

Reuters

Wed, May 7, 2025, 10:00 PM

TOKYO (Reuters) -Toyota Motor forecast a 21% nett diminution for the existent fiscal twelvemonth connected Thursday, arsenic the strain from U.S. President Donald Trump's tariffs and an appreciating yen instrumentality immoderate of the radiance disconnected beardown hybrid demand.

The world's top-selling automaker expects operating income to full 3.8 trillion yen ($26 billion) successful the twelvemonth to March 2026, versus 4.8 trillion yen successful the twelvemonth that conscionable ended.

($1 = 143.7000 yen)

(Reporting by Daniel Leussink; Editing by Stephen Coates and David Dolan)