Toyota Motor's profit fell 11% in the first quarter of fiscal 2026

Toyota Motor Corporation released its first-quarter financial results for fiscal year 2026, reporting an operating profit of 1.17 trillion yen, an 11% year-on-year decrease. Net profit for the first quarter was 841.35 billion yen, a 37% year-on-year decrease, while net sales were 12.25 trillion yen, a 3.5% year-on-year increase. Toyota forecasts full-year operating profit of 3.20 trillion yen and net sales of 48.5 trillion yen.