Toyota's Quarterly Profit Falls, Iran War Adds $4.3 Billion in Extra Costs

Toyota reported a roughly 50% decline in quarterly profit due to rising energy and raw material costs. The company stated that the war in Iran has significantly increased fuel, logistics, and production expenses. Despite rising demand for hybrid vehicles, Toyota forecasts a 20% drop in operating profit for this fiscal year. The company estimates that additional costs stemming from the Iran war will reach approximately $4.3 billion this year. These developments are putting pressure on the automotive giant's profitability, highlighting ongoing uncertainties in global supply chains and energy prices. Toyota's financial performance underscores the direct impact of geopolitical risks on corporate balance sheets. This is not investment advice.

📊 TM — Piyasa Yorumu

▼ down · 70%

Toyota's quarterly profit decline, coupled with an additional $4.3 billion in costs stemming from the Iran conflict, could weigh on the stock. Technical indicators also point to weakness: the RSI is approaching oversold territory at 37, while the MACD remains below the signal line and is trending negative. With the price closing below both the 20-day and 50-day moving averages, the short-term downtrend may persist. However, given the 1.27% drop over the past 24 hours, a potential bounce could occur, warranting caution in oversold conditions.

RSI 14

37.1

MACD

-1.09

24h Δ

-1.27%

Canlı Grafikler