The Marked Chart Wire · Series of events
Series of events · Toyota
Toyota raises profit outlook, cuts EV sales target
Toyota posted strong quarterly results and raised its annual profit forecast while lowering its electric vehicle sales projection.
Updated
The flow in 3 points
- Full-year profit projection raised after solid first half
- Quarterly revenue reached 26.96 trillion yen
- EV sales target cut to 463,000 units
What happened, in order
Times are Eastern-
Where it began
Profit target lifted
Toyota posted increased earnings and sales for the first half of fiscal 2027, raising its full-year profit projection but lowering total sales.
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Quarterly results reported
Toyota reported GAAP earnings per share of 185.97 yen and revenue of 26.96 trillion yen for the quarter, increasing its full-year forecast.
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Latest
EV target reduced
Toyota cut its fiscal 2027 battery electric vehicle sales forecast to 463,000 units from 533,000 and total electrified vehicles to 5.74 million.
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How they connect
Toyota first reported strong first-half results and raised its annual profit target. It then detailed its quarterly earnings and adjusted its electric vehicle sales projections downward.
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