Toyota Boshoku to Book ¥16 Billion in Recall Costs on Seat Defects

Toyota Boshoku ( (JP:3116) ) just unveiled an update.

Toyota Boshoku said it will book significant quality-related costs after a customer initiated recalls in the U.S. and China over a potential defect in the reclining mechanism of second-row seats supplied by its subsidiaries. The recalls, involving seats made in the United States and China, have led the company to estimate about ¥16 billion in related expenses to be recognized in the fourth quarter of the fiscal year ending March 31, 2026.

The quality-related charges will be recorded as operating expenses for the current fiscal year, directly weighing on Toyota Boshoku’s earnings. The move underscores ongoing quality and compliance pressures on automotive suppliers as safety regulators in major markets tighten oversight of critical interior components such as seating systems.

The most recent analyst rating on (JP:3116) stock is a Hold with a Yen2646.00 price target. To see the full list of analyst forecasts on Toyota Boshoku stock, see the JP:3116 Stock Forecast page.

More about Toyota Boshoku

Toyota Boshoku Corporation is a Japan-based automotive parts supplier specializing in vehicle interior systems such as seats and related components. The company operates globally, serving major automakers in key markets including North America and China, and is listed on the Tokyo Stock Exchange Prime and Nagoya Stock Exchange Premier markets.

Average Trading Volume: 727,361

Technical Sentiment Signal: Buy

Current Market Cap: Yen437.7B

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