Toyota says investment to weigh on profit after blockbuster Q4

TOKYO -Toyota Motor forecast a 20% profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings.

Toyota expects operating income to total 4.3 trillion yen in the year to March 2025, a 20% decline, as it invests in "human capital" - including providing support for labour costs at suppliers and dealers - as well as in its multi-pathway strategy. Toyota said it plans to invest 1.7 trillion yen for growth this year in areas such as artificial intelligence and software.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Toyota says investment to weigh on profit after blockbuster Q4Toyota Motor forecast a 20% profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Futures tread water, more earnings ahead, Toyota reports - what's moving marketsFutures tread water, more earnings ahead, Toyota reports - what's moving markets
La source: Investingcom - 🏆 450. / 53 Lire la suite »