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Revenue Increases But Profits Don't: Toyota's Net Profit Plummets 26% in the First Three Quarters of FY2026
14 hour ago /
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Author：小编
Recently, Toyota Motor Corporation released its financial results for the first three quarters of the fiscal year 2026. During the reporting period, the company's global sales reached 7.302 million vehicles, up 4.3% year-on-year; operating revenue stood at JPY 38.09 trillion, a 6.8% increase year-on-year. However, net profit was only JPY 3.03 trillion, a significant decline of 26.1% year-on-year. Notably, in the third quarter alone, net profit plummeted by 43% to JPY 1.26 trillion. Toyota attributed the profit decline to the impact of U.S. tariff policies and expects its full-year net profit to decrease by 25% year-on-year.
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