Toyota Industries reports Q2 loss, cuts guidance on certification issue By Investing.com
Update: 2025-10-31
Description
Toyota Industries faces a significant financial setback in Q2, with a 14.9 billion yen operating loss due to a settlement over a forklift engine certification issue. This unexpected payment, along with higher US tariffs and weaker sales forecasts, has led to a substantial downgrade in their full-year operating profit forecast, from 180 billion yen to 100 billion yen. The company is now grappling with a challenging business environment and will need to work hard to steady the ship in the coming months.
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