AutomobilesToyota, Suzuki, Honda among those expecting rising costs to drag on net profits this fiscal yearA worker installs a seat at Toyota Motor's Motomachi assembly plant in Aichi prefecture, Japan. (Toyota Motor)KAZUKI KAWAHARAMay 16, 2026 01:42 JSTTOKYO -- Net profits at the seven largest Japanese automakers this fiscal year are expected to amount to half of the all-time high attained a few years ago, due largely to the impact of the Iran war.Read NextAutomobilesSuzuki set to pass Honda as Japan's No. 2 automaker, driven by IndiaAutomobilesHonda slips into first operating loss as it reevaluates EV strategyAutomobilesSubaru postpones planned 2028 launch of its own EVsAutomobilesHonda scales back aggressive EV push, overhauling fundamental strategyAutomobilesToyota, peers make cooperation key to Japan automakers' global survivalAutomobilesToyota plans to build $2bn Texas assembly plantAutomobilesNissan expects first net profit for three years in FY26AutomobilesHonda and Toyota see sharp Chinese sales drops as competition heats upLatest on AutomobilesAutomobilesSubaru postpones planned 2028 launch of its own EVsAutomobilesStellantis, Dongfeng sign $1bn deal to make Peugeots and Jeeps in ChinaAutomobilesToyota plans to build $2bn Texas assembly plant