- Toyota Motor reported an increase in quarterly net profit but anticipates a negative impact from the Middle East conflict, estimating a 670 billion yen loss on operating profit.
- Despite a 23% rise in net profit for the past quarter, the company projects a 22% drop in annual net profit for the current fiscal year due to ongoing tariff impacts and market challenges.
- The automaker remains the world's largest car manufacturer, with a slight expected decrease in sales this year, attributed to geopolitical tensions despite growth in North America and parts of Asia.