Toyota Reports Fourth-Quarter Operating Profit of 1.26 Trillion Yen

U.S. tariffs raised costs and vehicle sales slipped. 6 trillion yen, matching expectations.

6 billion yen a year earlier. 36 million units a year earlier. Operating profit has now declined for four consecutive year-over-year periods.

The company reported its results and held a media briefing on Friday. Toyota lowered its operating income forecast to 3 trillion yen for the financial year ending March 2027, a cut of more than 20%. 6% for the same period.

U.S. dollar. It adopted a six-month average for its foreign exchange assumptions rather than the usual monthly average due to current volatility.

Research and development expenses hit a record high, partly due to certification-related issues and capacity constraints. Toyota expects its capital expenditure to stabilize going forward.

U.S. Tariffs," the company said in an earnings statement. S. S. over the next five years.

It expects growth in the battery-electric vehicle segment in China, Europe and North America and plans to expand its business in those regions. Toyota is continuing to cut costs and reduce wasteful production even as it faces higher expenses from the Middle East conflict and inflation.

The productivity of Toyota Motor's assets declined over the full period 2016–2025, with a minor downtrend in asset turnover, according to a May 5 report by Price Target Research.

Toyota signage was displayed at the New York International Auto Show in New York City on April 2, 2026. 18% lower in Tokyo on Friday. com reported that the world's largest automaker by sales volume is navigating slowing sales in China's auto market, vehicle recalls, intensifying competition in the electric vehicle space and Trump-related tariffs.