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The Economic Times

Economy / The Economic Times

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Toyota sees 22% profit drop this year

Toyota anticipates a 22% drop in net profit for the upcoming fiscal year, citing the impact of US tariffs. Despite this forecast, the automaker reported a 19.2% net profit decrease for the 2025-26 fiscal year, attributing its resilience to increased sales volumes and price adjustments driven by strong product competitiveness.

8 May 2026 11:20 am