Toyota Reports 49% Drop in Fourth-Quarter Operating Profit Amid U.S. Tariff Impact

Toyota Motor reported a 49% year-on-year decline in fourth-quarter operating profit to 569.4 billion yen, missing expectations due to the impact of U.S. tariffs. Despite a 1.89% rise in revenue to 12.6 trillion yen, the automaker's profit slump highlights ongoing challenges from trade policies.

By Justina Lee · CNBC · May 8, 2026, 05:04 UTC

Tickers: $7203 $TM

Topics: Automotive Earnings Profit Decline Tariffs

Read the full article at CNBC

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