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Toyota set to report higher revenue and profit despite global sales slip: Earnings preview
['Tue', 'August At Pm Gmt', 'Min Read']
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Toyota now sees full-year operating income at 3.4 trillion yen ($21.3 billion) for the financial year ending March 2027, up from a previous forecast of 3 trillion yen ($18.8 billion).
Toyota also announced a share repurchase authorization of up to 1 trillion yen ($6 billion).
The guidance boost and share repurchase plan come on the back of strong results; however, Toyota stock was little changed in early trade.
Toyota reported adjusted sales revenue of 13.53 trillion yen ($84.5 billion) for fiscal Q1 vs. 13.06 trillion yen ($81.6 billion) per Bloomberg consensus, up 10% compared to a year agoToyota posted net income of 1.48 trillion yen ($9.2 billion), well above the consensus of 1.04 trillion yen ($6.5 billion), and up 76% from last year.
Toyota Tacomas are displayed for sale at the Toyota Cedar Park dealership on July 07, 2026 in Cedar Park, Texas.