Tokyo, Aug. 7 (Jiji Press)–Toyota Motor Corp. on Thursday downgraded its full-year profit forecasts, reflecting U.S. President Donald Trump’s tariffs. For the year through next March, Toyota projected a consolidated net profit of 2,660 billion yen, down from the previously forecast 3,100 billion yen. Its annual net profit is now expected to shrink for the second straight year. The operat…
Tokyo, Aug. 7 (Jiji Press)–Toyota Motor Corp. on Thursday downgraded its full-year profit forecasts, reflecting U.S. President Donald Trump’s tariffs. For the year through next March, Toyota projected a consolidated net profit of 2,660 billion yen, down from the previously forecast 3,100 billion yen. Its annual net profit is now expected to shrink for the second straight year. The operat…
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