coastalbingo| Toyota fell 1.5% for fiscal year 2025, weak guidance, expected operating profit to fall by nearly 20%

Gelonghui May 8| Toyota Motor (TMcoastalbingo.US) fell 1.5% to $227.78. Toyota announced its fiscal fourth-quarter results for the fiscal year 2024 ended March 31, with revenue increasing 14% year-on-year to 11.073 trillion yencoastalbingo; Net profit surged 80% year-on-year to 997.6 billion yen, exceeding analysts 'forecasts of 752.85 billion yen. However, Toyota's guidance for fiscal year 2025 is weak, and operating profit in 2025 is expected to fall 19.7% to 4.3 trillion yen, lower than the market consensus expectation of 5.3 trillion yen. The company said the forecast takes into account 380 billion yen in "human capital" investments, including supporting labor costs for suppliers and distributors, as well as investment in its "multi-channel" strategy.