Toyota sees 20 percent drop in annual profit as Iran war weighs
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Source: Middle East Eye
Published: 2026-05-08 18:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
Toyota forecast a 20 percent decline in profit for the current financial year on Friday, as cost and supply uncertainties stemming from the Iran war weigh on earnings even as robust demand for its hybrid models powers sales growth.
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