Toyota Motor (TM) said Thursday it tentatively expects US tariffs to negatively impact its operating income by 180.0 billion Japanese yen ($1.24 billion) in April and May.
The automobile maker also reported fiscal 2025 earnings of 359.56 yen per share, down from 365.94 yen a year earlier.
Sales revenue for the fiscal year ended March 31 was 48.037 trillion yen, up from 45.095 trillion yen a year earlier.
Analysts surveyed by FactSet expected 46.357 trillion yen.
For fiscal 2026, the company said it expects sales revenue of 48.500 trillion yen.
Analysts surveyed by FactSet expect 47.767 trillion yen.
Shares of the company were down around 2% in recent premarket activity.
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