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Toyota Plays Down Tariff Impact but Expects ¥1 Tril. Profit Drop; Strengthening Yen, Rising Material Costs Hit Company

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By Shota Mizuno and Kaname Sugimoto / Yomiuri Shimbun Staff Writers

17:15 JST, May 9, 2025

Toyota Motor Corp. expects its operating profit to decline by around ¥1 trillion for the current fiscal year, according to a press release by the company.

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