Toyota financial performance and supply chain crisis
The developments in this story so far, most recent first.
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· date approximate Development
Toyota expected to post fifth straight profit drop; Japan quake adds risk
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Date unknown Background
Toyota warned that Middle East developments could create billions of dollars in pressure over the fiscal year.
Toyota had previously warned that developments in the Middle East could result in billions of dollars of pressure over the fiscal year. Regional conflicts in the Middle East were noted to have directly affected vehicle shipments and consumer demand. Additionally, tensions in the region pushed up the prices of production inputs, such as naphtha and aluminum, which increased both transport and energy costs for the automaker.