Toyota Motor shares closed at 3,224 yen on July 29, up 7.18% from the previous day. While semiconductor-related stocks fell sharply, Japan’s largest company by market capitalization, at roughly 47 trillion yen, posted a strong gain. The company’s plan for the fiscal year ending March 2027 calls for operating revenue of 51 trillion yen and operating profit of 3 trillion yen, a 20.3% decline from the prior year, while the annual dividend is set to rise from 95 yen to 100 yen. The biggest factor behind the profit drop is US tariffs, which reduced operating profit by 1.38 trillion yen in the previous fiscal year. In the upcoming first-quarter results, attention will focus on the tariff impact and the trend in operating cash flow.
Toyota Motor Corp.US tariffs reduced operating profit by 1.38 trillion yen and are the biggest factor behind a 20.3% profit decline forecast.