Overview
- Toyota disclosed Friday that it expects operating income of ¥3.0 trillion for the year to March 2027.
- It estimated a ¥670 billion impact from the Iran conflict, including about ¥400 billion from higher material and fuel costs and roughly ¥270 billion from lower volumes and logistics delays.
- For the year ended March 2026, operating income fell to ¥3.766 trillion from ¥4.795 trillion and net income declined to ¥3.848 trillion.
- The company said U.S. tariffs reduced last year's operating profit by about ¥1.4 trillion and they continue to weigh on margins.
- Toyota expects hybrid sales to exceed five million vehicles this fiscal year as demand for fuel-saving models strengthens.