Toyota Motor
on Wednesday raised its operating profit forecast for its financial year ending in March, while flagging a 1.45 trillion yen hit from U.S. tariffs.
The company, which revised its operating profit outlook to 3.4 trillion yen from 3.2 trillion yen forecast earlier, missed profit estimates for the quarter ended September.
“Despite the impact of U.S. tariffs, strong demand supported by the competitiveness of our products has led to increased sales volumes mainly in Japan and North America and has expanded value chain profits,” Toyota said in its earnings report.
Here are Toyota’s September quarter results compared with mean estimates from LSEG:
