Business · Companies · 4 hrs ago
Toyota profit forecast rises despite steep fall in China sales
Toyota is expected to report higher operating profit for April to September despite selling fewer vehicles overall.
The forecast average is 2.038 trillion yen, up 2% from the same period a year earlier.
China sales fell 25%, while production there dropped 18%, amid higher petrol prices and weak domestic demand.
Toyota's global production fell 2% and sales fell 4%, though Japan and the United States were relatively steady.
Demand for profitable hybrid cars and a weaker yen are expected to help protect earnings.
Toyota's share price has remained weak, and investors are looking for a longer-term growth plan amid intensifying competition.
Toyota is due to announce its results on November 5, when its performance and strategy will draw attention.
Toyota’s operating profit is forecast to rise despite a steep decline in its China sales.
The average market forecast for operating profit in April–September 2026 is 2.0378 trillion yen, up 2% from a year earlier.
Higher demand for profitable hybrid vehicles and a weaker yen are expected to support results.
Toyota’s global production and sales both fell in the period.
In China, production dropped 18% and sales fell 25%, amid higher gasoline prices and weak domestic demand.
Toyota’s share price has remained weak, and the article says the company faces pressure to present a growth strategy.
- Who
- Toyota Motor.
- What
- Operating profit is forecast to rise despite sharply lower sales in China.
- When
- The forecast covers April–September 2026; Toyota was due to announce results on November 5.
- Where
- China, as well as Toyota’s global operations.
- Why
- Higher demand for hybrid vehicles and the weaker yen are expected to support earnings; higher gasoline prices and weak domestic demand hurt sales in China.
This story does not have two clearly opposing sides.
Toyota’s global production fell 2% to 4.89 million vehicles, while sales declined 4% year on year.
Toyota was due to announce its consolidated results for April–September.
- Operating profit forecast
- 2.0378 trillion yen
- Year-on-year profit change
- Up 2%
- Global production
- 4.89 million vehicles, down 2%
- Global sales
- Down 4%
- China production
- Down 18%
- China sales
- Down 25%