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Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

CNBC·Justina Lee·25 days ago
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Toyota signage at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Japan's  Toyota Motor  on Friday  reported  a 49% drop in fourth-quarter operating profit, missing analysts' estimates as U.S. tariffs pressured earnings. Here are Toyota's results compared with median estimates from LSEG: Revenue: 12.6 trillion yen vs. 12.6 trillion yen expected Operating profit: 569.4 billion yen vs. 813.28 billion yen expected The world's largest automaker by sales volume saw a   1.89% year-on-year rise in revenue during the fourth quarter ended March, in line with expectations. Stock Chart Icon Stock chart icon Toyota Motor Shares The results mark Toyota's fourth consecutive year-over-year decline in operating profit after its earnings fell 2%, reflecting persistent pressure from U.S. tariffs. Net income attributable to the company was 817.2 billion yen from 664.6 billion yen a year ago.…

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