Toyota Expects 35% Drop in Net Profit as Tariff Uncertainty Weighs

May 11, 2025 | News On Japan

TOKYO - Toyota Motor announced on May 8th its earnings forecast for the fiscal year ending March 2026, projecting a 1.0% year-on-year increase in revenue to 48.5 trillion yen, but a 34.9% decline in net profit to 3.1 trillion yen.

The company has provisionally factored in the impact of U.S. tariff measures under the Trump administration for the months of April and May. It estimates that these tariffs will lower operating profit by 180 billion yen over the two-month period.

Speaking at a press conference in Tokyo, President Koji Sato acknowledged the uncertainty surrounding the tariff policy and said, "It's hard to predict what lies ahead, but rather than panicking, we intend to stay grounded and focus on what we can control."

Typhoon No. 15 to Disrupt Travel on August 11

Typhoon No. 15 is expected to approach and likely make landfall somewhere in the Kanto region on August 11, bringing strong winds and heavy rain that could disrupt conventional rail services, expressways and flights while also affecting a wider area extending into Tohoku.

Raccoon Damage Surges Across Japan

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Nagasaki Marks 81st Anniversary With Call to Uphold Non-Nuclear Principles

Nagasaki marked the 81st anniversary of the U.S. atomic bombing on August 9 with a memorial ceremony near the hypocenter, where Mayor Shiro Suzuki declared nuclear weapons an "absolute evil" and called on the Japanese government to uphold its Three Non-Nuclear Principles.

Flights Still Disrupted After Typhoon No. 13 Hits Okinawa

Transport services were gradually returning to normal on August 9 after Typhoon No. 13 caused widespread cancellations and shutdowns across Okinawa, although air travel remained disrupted as airlines worked to restore schedules and accommodate passengers stranded during the opening days of Japan's busy Obon holiday period.

Typhoon No. 13 Moves West but Severe Weather Lingers in Okinawa

Typhoon No. 13 was moving slowly west on the night of August 8 and was expected to approach the Chinese mainland by the night of August 9, but Okinawa, Amami and parts of southern Kyushu remained at risk from strong winds, intermittent heavy rain and dangerous seas even as the storm's center moved farther away.

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