Toyota sees 22% profit drop this year
- Posted on May 8, 2026
- By Business News Today
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- 1 min read
Toyota sees 22% profit drop this year
Toyota anticipates a 22% drop in net profit for the upcoming fiscal year, citing the impact of US tariffs. Despite this forecast, the automaker reported a 19.2% net profit decrease for the 2025-26 fiscal year, attributing its resilience to increased sales volumes and price adjustments driven by strong product competitiveness.