David KeohaneAug 4, 2026 – 5.04pmTokyo | Toyota will launch a ¥1 trillion ($9 billion) share buyback as the world’s biggest carmaker raised its annual outlook on the back of the weak yen and strong hybrid sales.The Japanese company said on Tuesday that operating income fell by 8.8 per cent to ¥1.1 trillion in the three months to June 30, as higher costs and supply chain disruption due to the Middle East conflict take their toll on global carmakers.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Toyota plans $9b share buyback as weak yen boosts outlook
The Japanese carmaker said it expected this year to sell more than 5 million hybrid-electric vehicles for the first time.
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