Toyota raises full-year profit forecast despite quarterly earnings drop
Toyota hiked its full-year profit forecast to 3.57 trillion yen despite second-quarter earnings falling 19%.
Toyota reported second-quarter profit down 19% to 759.4 billion yen, though the company raised its full-year forecast to 3.57 trillion yen from 3.25 trillion. Quarterly sales climbed to 13.4 trillion yen from 12.4 trillion yen despite US tariffs and war-driven supply disruptions.
The profit boost reflects strong first-half results and steady demand across major markets. A weak Japanese yen lifted overseas earnings when converted back.
The company sold 4.76 million vehicles in the first half. It expects 9.7 million vehicles globally this fiscal year.
Hybrid versions of the Camry and RAV4 drove US sales. China sales weakened due to high fuel prices.
Investors rewarded the forecast by pushing Toyota stock from about 3,200 to 3,500 yen.
- 19 percent
- Q2 profit decline
- 3.57 trillion yen
- Full-year forecast
- 9.7 million globally
- Expected vehicle sales
- 3,200 to 3,500 yen
- Stock price jump
Why it mattersAutomakers raising forecasts signal that tariffs and supply chaos are manageable, even as regional demand remains uneven.
AustraliaToyota is Australia's largest car seller by volume. Its forecast lift suggests the local market may stabilize, though prices will remain high.
✓ Claims checked against the source. checked 1 h ago
