Finance 14h ago 1 min read
Toyota Motor (7203.T) posted a 49% drop in fourth-quarter profit for the fiscal year ended March 2026, as U.S. tariffs inflicted severe damage on earnings despite a 1.89% year-on-year revenue increase. The result underscores the structural exposure of Japan's automakers to U.S. trade policy, with the broader sector expecting earnings downgrades as Honda and Nissan report in coming weeks.