Toyota reports Q1 revenue Y12.25T vs. Y11.84T last year

Reports Q1 operating income Y1.17T vs. Y1.31T last year. The company said, “Due to the impact of U.S. tariffs and other factors, actual results showed decreased operating income, and the forecast has been revised downward.-Despite a challenging external environment, we have continued to make comprehensive investments and as well as improvements such as increased unit sales, cost reductions, and expanded value chain profits, thereby minimizing negative impacts. We will work with all stakeholders, including suppliers and dealers, turn to leverage the results of our foundation-building efforts to further improve productivity.”