Toyota's Q1 Operating Profit Plunged 49%, Hitting a Three-Year Low

Published: May 11, 2026 17:56

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[Toyota's Q1 Operating Profit Plunged Nearly 50%] Toyota Motor Corporation recently reported that, impacted by tariffs and rising shipping costs, its operating profit in the quarter ended March fell from 1.1 trillion yen in the same period last year to 569.4 billion yen, a YoY plunge of 49%, hitting the lowest quarterly profit in over three years. Revenue for the same period was 12.6 trillion yen, edging up nearly 2% YoY.

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