TOKYO, May 11 (News On Japan) –
Toyota Motor introduced on May eighth its earnings forecast for the fiscal yr ending March 2026, projecting a 1.0% year-on-year enhance in income to 48.5 trillion yen, however a 34.9% decline in internet revenue to three.1 trillion yen.
The firm has provisionally factored within the affect of U.S. tariff measures below the Trump administration for the months of April and May. It estimates that these tariffs will decrease working revenue by 180 billion yen over the two-month interval.
Speaking at a press convention in Tokyo, President Koji Sato acknowledged the uncertainty surrounding the tariff coverage and mentioned, “It’s hard to predict what lies ahead, but rather than panicking, we intend to stay grounded and focus on what we can control.”