{"id":119996,"date":"2025-11-07T06:07:08","date_gmt":"2025-11-07T06:07:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/119996\/"},"modified":"2025-11-07T06:07:08","modified_gmt":"2025-11-07T06:07:08","slug":"japans-toyota-hurt-by-president-trumps-tariffs-reports-a-drop-in-profit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/119996\/","title":{"rendered":"Japan’s Toyota, hurt by President Trump’s tariffs, reports a drop in profit"},"content":{"rendered":"

TOKYO — Toyota reported a 7% year-on-year drop in profit for April-September on Wednesday, as U.S. President Donald Trump\u2019s tariffs slammed Japanese automakers. <\/p>\n

Net profit for the April-September period at Toyota Motor Corp.<\/a> totaled 1.77 trillion yen ($11.5 billion), down from 1.9 trillion yen a year earlier.<\/p>\n

But the maker of the Camry sedan and Lexus luxury models lifted its profit forecast for the full fiscal year ending in March 2026 to 2.93 trillion yen ($19 billion), citing better vehicle sales and cost-cutting efforts.<\/p>\n

The forecast would represent a 38.5% drop from the 4.77 trillion yen profit Toyota reported for the last fiscal year. It had earlier forecast 2.66 trillion yen ($17 billion) in profit for this year.<\/p>\n

Although tariffs are hurting its business<\/a>, Toyota said its sales grew in the U.S. and its home market of Japan.<\/p>\n

U.S. tariffs on Japanese automobiles and auto parts<\/a> fell to 15% in September from the 27.5% rate Trump initially ordered after returning to the White House. That’s much higher than the original 2.5%.<\/p>\n

Japan\u2019s exports to the U.S., including vehicles,<\/a> have plunged recently. <\/p>\n

But Toyota said its efforts, such as bigger sales, better model mix and cost cuts, will add more than 900 billion yen ($5.8 billion) to the company\u2019s bottom line in this fiscal year. <\/p>\n

\u201cDespite the impact of U.S. tariffs, we have continued to build upon our improvement efforts such as increasing sales volume, improving costs and expanding value chain profits,\u201d it said in a statement.<\/p>\n

During the six months through September, it sold more than 1.5 million vehicles in North America and 970,000 vehicles in Japan.<\/p>\n

First half sales grew 5.8% to 24.6 trillion yen ($160 billion). For the latest quarter through September, Toyota reported a 62% rise in profit to 932 billion yen ($6 billion) on 12.38 trillion yen ($80 billion ) in sales, up 8% on year.<\/p>\n

___<\/p>\n

Yuri Kageyama is on Threads: https:\/\/www.threads.com\/@yurikageyama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO — Toyota reported a 7% year-on-year drop in profit for April-September on Wednesday, as U.S. President Donald…\n","protected":false},"author":2,"featured_media":119997,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[76456,127,20394,114,9514,184,122,11161,85,46,1584,126],"class_list":{"0":"post-119996","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-76456","9":"tag-article","10":"tag-auto-industry","11":"tag-business","12":"tag-economic-policy","13":"tag-economy","14":"tag-general-news","15":"tag-government-policy","16":"tag-il","17":"tag-israel","18":"tag-taxes","19":"tag-world-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/119996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=119996"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/119996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/119997"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=119996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=119996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=119996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}