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Toyota Motor Corporation (7203.T)

Tokyo - Tokyo Delayed price. Currency in JPY
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2,049.50-5.50 (-0.27%)
At close: 03:15PM JST
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  • Motley Fool

    2021 Was Good to Toyota. 2022 Won't Be.

    Surging input costs and continued chip shortages will take a big bite out of Toyota's profits in fiscal 2023.

  • Reuters

    Honda warns of rising costs, forecasts weaker annual profit

    TOKYO (Reuters) -Japan's Honda Motor on Friday forecast a 7% fall in annual earnings, instead of an expected rise, and warned that the long chip crunch and rising raw material costs were hurting profit, echoing comments from rivals Toyota and Nissan. Global automakers such as Honda have slashed production due a severe shortage of semiconductors, and now face what top automaker Toyota Motor called an "unprecedented" increase in costs as China's COVID-19 curbs have shuttered factories and the war in Ukraine further strains supply chains. "We are currently hoping to get the business on a recovery track in June," by using parts that are in stock, Senior Managing Executive Officer Yasuhide Mizuno told a post-earnings call.

  • Bloomberg

    Toyota’s ‘Unprecedented’ Cost Surge Casts Shadow Over Japan Inc.

    (Bloomberg) -- Halfway through Japan’s reporting season, companies are mostly hitting their marks, but some high-profile cautious outlooks from blue chips like Toyota Motor Corp. risk sapping optimism for the rest of the financial year.Most Read from BloombergSony PlayStation Staff Fume Over CEO’s Abortion CommentsUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderMore Than $200 Billion Wiped Off Cryptocurrency Market in a DayCrypto Billionaires’ Vast Fortunes Are Destroyed in WeeksTe