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The Independent UK
The Independent UK
National
Yuri Kageyama

Toyota reports booming sales but stays cautious on profit because of various costs

Toyota United States Donald Trump Japan
Japan Toyota Results - (Copyright 2025 The Associated Press. All rights reserved)

Japan’s top automaker Toyota reported record sales for the fiscal year through March on Thursday, but its profit for the latest quarter faltered partly because of a certification scandal.

Toyota Motor Corp.’s January-March net profit totaled 664.6 billion yen ($4.6 billion), down from 997.6 billion yen the same period a year ago. Quarterly sales totaled 12.36 trillion yen ($85.9 billion), up from 11 trillion yen.

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