Overview
- Operating profit for the July–September quarter came in at 834 billion yen, down about 28% year over year and below the 863.1 billion yen consensus.
- Quarterly revenue rose to 12.38 trillion yen, increasing more than 8% from a year earlier and slightly topping analyst expectations.
- Toyota lifted its fiscal-year guidance to 3.4 trillion yen in operating income, 2.9 trillion yen in net profit, and 49.0 trillion yen in sales, still shy of market consensus cited at 3.86 trillion yen for operating income.
- Shares fell as much as 5% in Tokyo after the new outlook and results disappointed investors.
- Chief financial officer Kenta Kon estimated the annual hit from U.S. tariffs at roughly 1.45 trillion yen, with the import levy set at 15% and Japan’s U.S.-bound auto export value down 24% in September.