TOKYO, May 8 (Xinhua) -- Japan's Toyota Motor Corp. said Thursday it expects a 34.9 percent year-on-year drop in net profit for fiscal 2025 to 3.1 trillion yen (about 21.6 billion U.S. dollars), due to U.S. higher tariffs and a stronger yen.
Its operating profit is projected at 3.8 trillion yen for the current business year through next March, down 20.8 percent from fiscal 2024, on estimated record sales of 48.5 trillion yen, up 1.0 percent, Toyota said.
