Toyota's first-quarter profit dipped, yet the company announced a share buyback and raised its full-year outlook.
The share buyback was reported as $6.4 billion by one source and as ¥1 trillion by another. It is unclear whether these figures refer to the same buyback amount expressed in different currencies.
$6.4 billion USD
Reported size of Toyota's share buyback.
One source reported the buyback in yen, totaling ¥1 trillion. Another source reported it in dollars, totaling $6.4 billion. The two reports likely describe the same buyback, but this is not confirmed.
Toyota also hiked its full-year outlook. According to one source, the company raised its profit outlook specifically.
Resilient hybrid demand and a weak yen helped make up for rising costs, tariffs, and supply disruptions, according to one source.
Updates
Toyota reported its Q1 fiscal 2027 results, showing revenue of 13.53 trillion yen (+10.4%) and a pre-tax profit of 1.96 trillion yen (+56.8%), while net profit rose 75.6% to 1.48 trillion yen. Despite an 8.8% decline in operating profit to 1.06 trillion yen, the company raised its full-year revenue forecast to 54 trillion yen and its operating profit target to 3.4 trillion yen. Additionally, Toyota increased its annual average dollar-yen assumption to 160 yen and announced the cancellation of 200 million treasury shares.
Toyota reported a 10.4% year-on-year revenue increase to 13.53 trillion yen, with net profit rising 75.6% to 1.48 trillion yen and earnings per share climbing from 64.56 yen to 120.69 yen. The company raised its full-year revenue forecast from 51 trillion to 54 trillion yen and its operating profit outlook from 3 trillion to 3.4 trillion yen, while also adjusting its annual average dollar-yen assumption from 150 to 160 yen. Additionally, Toyota announced it will cancel 200 million treasury shares, equivalent to approximately 1.37% of its total issued capital.
Toyota reported first-quarter revenue of 13.53 trillion yen, a 10.4% increase, while operating profit fell 8.8% to 1.06 trillion yen. Net profit attributable to the parent company surged 75.6% to 1.48 trillion yen, driven by higher financial income and exchange gains. The company raised its full-year revenue forecast from 51 trillion to 54 trillion yen and adjusted its annual average dollar-yen assumption from 150 to 160 yen.
Toyota reported its first-quarter fiscal 2027 results, showing revenue of 13.53 trillion yen and a 75.6% rise in net profit to 1.48 trillion yen, driven largely by higher financial income and exchange gains. While electrified vehicle sales rose to 1,410,000 units, total retail sales for Toyota and Lexus fell 3.5% to 2,552,000 units. The company subsequently raised its full-year revenue forecast to 54 trillion yen and its operating profit outlook to 3.4 trillion yen, while also adjusting its annual average dollar-yen assumption from 150 to 160 yen.
