Toyota reports profit drop: JPY 1.38 trillion tariff hit weighs on Toyota Motor Corporation stock

Published on 10/21/2026 at 09:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Toyota revenue rose 5.5 percent to JPY 50.68 trillion in fiscal 2026. TM stock costs EUR 174.00 on October 21, 2026; fiscal 2027 guidance is JPY 51 trillion.

Profit and tariff burden

Fiscal 2026 revenue reached JPY 50.68 trillion after rising 5.5 percent.
Operating income fell 21.5 percent to JPY 3.77 trillion in fiscal 2026.
Toyota Motor Corporation stock trades at EUR 174.00 at 9:04 a.m. CEST at Lang & Schwarz on October 21, 2026.

TM, US8923313071, Illustration mit AI erstellt.

Toyota Motor Corporation (ISIN US8923313071) was trading at EUR 174.00 at Lang & Schwarz on October 21, 2026 at 9:04 a.m. CEST, while its fiscal 2026 revenue rose 5.5 percent to JPY 50.68 trillion. The result puts tariff pressure on profitability at the center of the stock story. ScanX reported the figures on October 20, 2026.

Tariffs cut operating income

Toyota's fiscal 2026 operating income fell 21.5 percent to JPY 3.77 trillion, even as sales revenue increased. Net income attributable to shareholders declined 19.2 percent to JPY 3.85 trillion, according to ScanX on October 20, 2026.

The automotive segment generated JPY 45.42 trillion in fiscal 2026 revenue, up 5.1 percent, while its operating income dropped 29.5 percent to JPY 2.78 trillion. Toyota also identified a JPY 1.38 trillion negative effect from U.S. tariffs on consolidated operating income, making the gap between volume growth and profit conversion the key investor issue.

What does the guidance mean?

Toyota's fiscal 2027 forecast calls for revenue of JPY 51 trillion, up 0.6 percent, but operating income of JPY 3 trillion, down 20.3 percent. The forecast shows that management expects sales growth to continue while tariff and cost pressure keeps earnings below the fiscal 2026 level. The company also plans a dividend of JPY 100 per share for fiscal 2027, compared with JPY 95 for fiscal 2026.

Three dated Toyota developments

On March 31, 2026, Toyota closed fiscal 2026 with JPY 50.68 trillion in revenue. On June 30, 2026, its first quarter of fiscal 2027 ended with USD 84.87 billion in sales revenue and USD 6.67 billion in operating income, according to TickerScout. On October 20, 2026, the fiscal 2026 profit and tariff figures were highlighted in current market coverage.

Upcoming reporting date

TickerScout lists approximately November 4, 2026 for Toyota's next expected 6-K filing, giving investors a dated checkpoint for the fiscal 2027 earnings trend.

Stock trades at EUR 174.00

The euro indication places the focus on the contrast between Toyota's 5.5 percent fiscal 2026 revenue growth and its 21.5 percent operating-income decline. Toyota's market capitalization was USD 269.6 billion as of October 12, 2026.

Toyota Motor Corporation stock was trading at EUR 174.00 at Lang & Schwarz on October 21, 2026 at 9:04 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Toyota Motor Corporation stock.