This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
The Japanese manufacturer Toyota provides a fall of 34.9% of its net profit for the current financial year, which will end in March 2026, at 3,100 billion yen (approximately 21.6 billion dollars), due in particular to the impact of American customs duties, announced the world number one automobile on Thursday.
Toyota also tables a withdrawal of 20.8% of its operating profit, at 3,800 billion yen, despite record sales expected up annually from 1% to 48,500 billion yen ($ 334 billion).
“The estimated impact of American customs duties implemented in April and May 2025 was temporarily taken into account” and estimated at a cost of 180 billion yen ($ 1.24 billion), the Japanese group said in a statement.
The United States has imposed surcharges of 25% since the beginning of April on imported cars, but also, recently, on imports of crucial parts such as engines and transmissions.
The Japanese car giant is particularly vulnerable to this American customs offensive. In the year 2024, he made a quarter of his world sales in the United States, where he sold 2.33 million vehicles, of which 1.06 million had been imported from Japan and Mexico.
For the past exercise, closed at the end of March, Toyota saw its net profit fall from 3.6% to 4,765 billion yen, despite a turnover up 6.5% to 48.037 billion yen.
Its global sales fell slightly 0.3%, to 10.27 million vehicles, assigned by a marked drop in Japan linked to reminders of the brand of prius hybrid cars and to deliveries of deliveries for irregularities on certification tests.
In China, its sales also dropped by 6% in number of units, faced with increased competition from local manufacturers, notably the giant byd
