Toyota raises full-year operating profit forecast on volumes, cost-reduction efforts

Core Viewpoint - Toyota Motor has raised its full-year operating profit forecast due to cost reduction efforts and strong hybrid sales, which are expected to mitigate the effects of U.S. import tariffs [1] Summary by Relevant Categories - Financial Performance - The company anticipates an increase in operating profit for the full year, driven by effective cost management strategies [1] - Sales Performance - Strong sales of hybrid vehicles are a significant factor contributing to the improved profit outlook [1] - Market Impact - The forecast adjustment comes in response to the challenges posed by U.S. import tariffs, indicating the company's proactive approach to market conditions [1]