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Toyota's Q4 operating profit drops 49% due to US tariffs despite slight revenue rise.

Company Fundamentals
08 May 2026
CNBC
View Source
Bearish
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Toyota Motor reported a 49% year-on-year decline in operating profit for the fourth quarter ended March, primarily due to the impact of US tariffs. Despite this, the company's revenue rose slightly by 1.89% year-on-year to 12.6 trillion yen, matching market expectations. However, operating profit fell short of estimates, coming in at 569.4 billion yen versus the expected 813.28 billion yen. This highlights the challenges Toyota faces from trade policies even as sales volume remains strong.

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