美汽车关税拖累业绩，丰田大幅下调盈利预期

Core Viewpoint - Toyota Motor Corporation's latest financial report indicates a significant projected decline in net profit for the fiscal year 2025, primarily due to U.S. tariff policies and yen appreciation [1] Financial Performance - For the fiscal year 2025 (April 2025 to March 2026), Toyota expects net profit to drop approximately 44% to 2.66 trillion yen (approximately 18.1 billion USD) [1] - The company's revenue is projected to increase slightly by 1% to 48.5 trillion yen (approximately 330.6 billion USD) [1] - Operating profit is anticipated to decrease by 33% to 3.2 trillion yen (approximately 21.8 billion USD) [1] Impact of External Factors - The U.S. government's automotive tariff policy is expected to reduce Toyota's operating profit by 1.4 trillion yen (approximately 9.5 billion USD) for the current fiscal year, with a reduction of 450 billion yen (approximately 3.1 billion USD) in the April to June period [1] - The appreciation of the yen has diminished its positive impact on Toyota's performance [1] Market Reaction - Following the announcement of the significantly lowered performance expectations, Toyota's stock price experienced a sharp decline [1] Production and Sales Trends - Despite the challenges, Toyota's global production and sales showed year-on-year growth in the second quarter, attributed to the previous year's decline due to the automaker certification scandal [1]