Toyota sees 20 percent drop in annual profit as Iran war weighs Toyota forecast a 20 percent decline in profit for the current financial year on Friday, as cost and supply uncertainties stemming from the Iran war weigh on earnings even as
Live Blog Update| War on Iran
8 May 2026 09:32 BST
Toyota forecast a 20 percent decline in profit for the current financial year on Friday, as cost and supply uncertainties stemming from the Iran war weigh on earnings even as robust demand for its hybrid models powers sales growth.
The world's top-selling automaker expects an operating income of 3.0 trillion yen ($19 billion) in the year to March 2027, compared with a result of 3.77 trillion yen in the year just ended.
The famed BBC broadcaster, whose family rescued Jewish sisters before the Holocaust, has never backed Israel boycotts and once praised Israel’s climate innovation.
Three of the teenagers have already been released to house arrest, while prosecutors are expected to request that 10 others remain in custody until the end of legal proceedings.
The Trump administration is no longer taking a noninterventionist approach to the technology; they are discussing imposing oversight on AI before it becomes publicly available.
The European Union Foreign Ministers' Council is scheduled to meet on May 11, where actions against Israeli settlements could potentially be approved.