Toyota Motor Cherven-Curtet Profit-Ale when American tariffs were bitten by 11%

Sign with the Toyota logo in Surai, England in August 2023

Peter Dazni Getty Images | Gets the image

Toyota Motor On Thursday, it was reported higher than the June-Church’s profit, even as the world’s largest automotive sales with tariffs in the US.

Here are Toyota results compared to LSEG’s average estimates:

  • Revenue: 12.25 trillion vs 12.19 trillion
  • Operating Profit: 1.17 trillion vs 881.41 billion

Operating income per quarter, however, decreased by 11% per year. With a company that attributes 450 billion yen, losses to us. Net income related to the company decreased by 37% to 841.3 billion.

Toyota also reviewed the forecast for the full year, decreased by 600 billion to 3.2 trillion.

“Due to the influence of tariffs on the US and other factors, the actual results showed a decrease in operating income, and the forecast was revised,” the company said.

As long as the profits fell, Toyota watched strong world demand and automaker last week Reportedly reported worldwide sales In the first half of the year.

“Despite the difficult external environment, we continued to make comprehensive investments, as well as improvements such as increased costs, cost reduction and extended values chain, thereby minimizing the negative consequences,” the company said.

Japanese manufacturers produce prices to keep the market share in the US after the president Donald Trump‘S 25% tariffs Imported vehicles came into force in April.

In June, the cost of Japanese vehicles to the US decreased by 25.3% a year, although the US export volume increased by 4.6% over the same period, reports Data of the Ministry of Commerce of Japan.

Trump, however, announced a new trade agreement with Tokyo last month, when tariffs are supposed to decline to 15%, although the changes remain unclear.

Auto Exports to the USA – the cornerstone of Japan Customs Customs data Shown.

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