Toyota raises FY profit forecast on hybrid demand, weak yen

Toyota lifted its net profit forecast for FY2026 to ¥3.57 trillion from ¥3.25 trillion, citing resilient hybrid sales in the US and supply chain optimization that offset Middle East-driven cost pressures. The revision signals stronger-than-expected global auto demand and a favorable FX tailwind, though the projected 7.2% YoY decline reflects ongoing cost headwinds.

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