Business · Companies · 1 hr ago
Toyota raises fiscal 2026 net profit outlook to 3.57 trillion yen
Toyota raised its net profit outlook to 3.57 trillion yen for fiscal 2026.
The Japanese company is the world’s largest carmaker.
It lifted its forecast after posting its first profit increase in six quarters.
Strong demand for hybrid cars is helping drive the improved outlook, particularly in the United States.
Toyota expects a much higher profit despite fierce competition from China.
Its shares rose 17% after the outlook was raised.
The company now expects a stronger financial year, though the available information gives no further details about its plans.
Toyota raised its net profit forecast for the fiscal year through next March to 3.57 trillion yen, citing cost-cutting efforts.
The company had forecast net profit of 3.25 trillion yen in August.
Toyota also raised its operating profit forecast to 3.9 trillion yen but lowered its sales outlook to 53.5 trillion yen.
For July to September, net profit fell year on year to 759.4 billion yen, while operating profit and sales increased.
Toyota Group vehicle sales fell 5.2 percent to 2.67 million units in the quarter.
- Who
- Toyota Motor Corp.
- What
- It raised its net profit forecast for fiscal 2026 to 3.57 trillion yen.
- When
- Thursday, November 5, 2026.
- Where
- Tokyo, Japan.
- Why
- The company cited cost-cutting efforts.
This story does not have two clearly opposing sides.
Hino Motors ceased to be Toyota's consolidated subsidiary following its business integration with Mitsubishi Fuso Truck and Bus Corp.
Toyota estimated net profit of 3.25 trillion yen for the fiscal year.
Toyota's net profit fell year on year, while operating profit and sales rose.
Toyota raised its net profit outlook to 3.57 trillion yen.
- Net profit outlook
- 3.57 trillion yen
- Operating profit forecast
- 3.9 trillion yen
- Sales outlook
- 53.5 trillion yen
- July-September net profit
- 759.4 billion yen
- Toyota Group vehicle sales
- 2.67 million units, down 5.2 percent year on year
5 sources
Toyota tem aumento nos lucros e ações disparam 17%, maior alta em 39 anos
Toyota raises FY 2026 net profit outlook to 3.57 tril. yen
Toyota verwacht topjaar dankzij grote vraag naar hybride auto's
Toyota shares soar 17% on strong US hybrid demand
BREAKING NEWS: Toyota raises FY 2026 net profit outlook to 3.57 tril. yen