Toyota(US:TM) 智通财经网·2025-05-08 07:05Core Viewpoint - Toyota Motor Corporation reported its financial performance for the fiscal year ending March 31, 2025, showing mixed results with a revenue increase but a significant decline in net profit, while projecting further declines in the upcoming fiscal year due to various economic pressures [1][2]. Financial Performance Summary - For Q4 of FY2025, Toyota's revenue was 12.36 trillion yen, a 12% increase year-on-year, slightly above analyst expectations of 12.14 trillion yen; however, net profit fell to 664.6 billion yen, a 33% decrease, missing the expected 823.6 billion yen [1]. - For the full fiscal year 2025, total revenue reached 48.04 trillion yen, a 6.5% increase; operating profit was 4.80 trillion yen, down 10.4%; and net profit attributable to the company was 4.77 trillion yen, a 3.6% decline [1]. - Total vehicle sales for FY2025 were 11.01 million units [1]. Future Outlook - For FY2026, Toyota forecasts operating profit to drop to 3.8 trillion yen, a 21% decrease, significantly below analyst expectations of 4.7 trillion yen; projected revenue is 48.5 trillion yen, slightly below the expected 48.9 trillion yen; and net profit is anticipated to be 3.1 trillion yen, also below the expected 4.1 trillion yen [1][2]. - The company expects vehicle sales in FY2026 to reach 11.2 million units [1]. Economic Challenges - Toyota faces challenges from U.S. tariff policies, which may impact exports and consumer confidence, potentially hindering vehicle sales [2]. - The anticipated decline in profits for FY2026 is attributed to the strengthening yen, rising raw material costs, and the effects of tariffs, with an immediate negative impact of 180 billion yen from U.S. tariffs accounted for April and May [2][3]. - The uncertainty surrounding tariff details complicates investment plans, but Toyota remains committed to its U.S. operations and may consider expanding production despite potential high labor costs [3].