Toyota anticipates a $9.5 billion financial impact due to US tariffs, the largest of any carmaker. The company reduced its operating profit forecast by 16 percent due to rising costs from tariffs on cars, parts, and materials. Toyota's North American business reported an operating loss of 63.6 billion yen, contrasting sharply with a profit a year earlier, largely due to tariffs. The projected operating profit for the financial year ending March 2026 is now estimated at 3.2 trillion yen, down from 3.8 trillion yen previously.
Toyota forecasts a $9.5 billion hit from tariffs imposed by the US, the largest impact reported by any company, reflecting significant margin pressures and challenges.
The forecasted $9.5 billion tariff impact also includes difficulties faced by suppliers in the US importing parts from Japan, contributing to the overall financial strain.
Toyota's North American operations reported an operating loss of 63.6 billion yen due to tariff impacts, marking a stark contrast to the previous year's profit.
Operating profit for the financial year ending March 2026 is now projected at 3.2 trillion yen, down from a prior estimate of 3.8 trillion yen.
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