File Photo: The Toyota logo was drawn on January 30, 2025 on the Kuout Transcari, Mexico.
Raquel Cunha | Reuters
Japanese Toyota motor On Wednesday, the quarterly profit was reported two times in a row, but announced that it would create an electric vehicle to establish a new company in China to catch up with automakers focusing on the EV.
The results of Toyota compared to the estimated values of the analyst edited by LSEG are as follows.
Revenue: 12.39 trillion yen to 12.1 trillion yen profit: 1.22 trillion yen to 1.39 trillion yen
The world’s largest car manufacturer with sales volume decreased by nearly 28 % year -on -year in the quarter, which ended in December.
As a result, after the profits of Toyota dropped by 20 % year -on -year, operating income decreased two consecutive times the operating income of the previous year.
However, the net income caused by the company jumped from 1.36 trillion yen a year ago to 2.19 trillion yen.
Integrated vehicles by car manufacturers in the third quarter of the financial third quarter fell from 2.55 million to 2.44 million units a year ago.
Nevertheless, Toyota maintained the annual dividend forecast for 90 yen compared to the 75 yen dividend payment per year.
Toyota also raised operating profit forecasts to 400 billion yen in the fiscal year and raised to 4.7 trillion yen.
The company stated that it will establish a full -owned company for the development and production of Lexus BEVs and batteries in Shanghai, China. The new company will start production in 2027.
Toyota’s shares rose more than 1 % in Tokyo on Wednesday.
The company’s main operating profit in the major North American region decreased by 113.7 billion yen a year in December and more than 46 billion yen in Asia.
Toyota is later focusing on the hybrid, according to a local report, which is later than competitors that completely accept battery -driven electric vehicles.
