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TOYOTA falls in afternoon session on weaker-than-expected operating profit forecast for fiscal year ending March 2027
TOYOTA <7203> turned lower in afternoon trading. During afternoon trade, the company released its earnings guidance for the fiscal year ending March 2027, projecting a consolidated operating profit of 3 trillion yen (down 20.3% year-on-year). The outlook widely missed market expectations of around 4.5 trillion yen. The company plans to hike its annual dividend by 5 yen to 100 yen per share for the current fiscal year, based on an assumed exchange rate of 150 yen to the dollar.
For the fiscal year ended March 2026, consolidated operating profit fell 21.5% year-on-year to 3.766 trillion yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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