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As President Trump's tariffs impact Japan Inc., major exporters like Toyota and Sony reveal mixed outcomes. These levies ...
Honda has also changed its average US$ exchange rate assumption for the full year from JPY135 to JPY140, which improves the profitability of its US operations. Net profits for the full year are ...
Toyota Q2 financial data shows a 37% fall in profits to 841 billion yen ($5.7 billion) driven by U.S. tariffs.
Japanese automakers were handed a reprieve when President Donald Trump said he would lower tariffs on Japan to 15% from 25%.
The Tokyo-based maker of the Accord sedan and Asimo robot revised upward its profit forecast for the full fiscal year through March 2026 to $2.9 billion, better than its earlier estimate of $1.7 ...
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.
Toyota has reported its profit plunged 37% in the April-June quarter and it lowered its full year earnings forecasts, largely ...
The Japanese automaker posted a nearly $1.6 billion operating profit loss, as it writes off losses from its EV efforts and ...
Honda's net profit halved to ¥196.67 billion in Q1 due to U.S. tariffs on Japanese cars but the company raised its annual ...
Tariffs hammer Honda, while changes in regulations allow manufacturers to go back to building big ICE trucks and SUVs.
The negative impact of tariffs was estimated at about 450 billion yen ($3 billion), based on “a detailed review,” according ...