# Toyota raises annual profit forecast and increases share buybacks

> Toyota published mixed half-year results: global sales fell 4.0% to 5.05 million units, but half-year operating profit reached 2,191.1 billion yen and the group raised its annual forecast by 500 billion, to 3,900 billion yen. The automaker also raised its dividend to 100 yen per share, increased its buyback program to 1,300 billion yen and plans 11 to 14 trillion yen in shareholder returns over five years, with hybrid demand supporting profitability. These announcements sent the share soaring in Tokyo, its biggest daily rise in 39 years, while quarterly net profit came in slightly below expectations. Coverage is international: Japanese media mainly detail the results, dividend and buybacks, while Chinese, German, American, French, Indian, Brazilian and South Korean press relay the figures and stock market reaction, without marked national divergence in the provided sub-events.

**In brief**: Ongoing story bringing together 11 events involving Toyota, Toyota Motor, BMW and 7 more, in 6 countries (Japon, États-Unis, Chine and 3 more), followed from 4 November 2026 to 6 November 2026. 83 articles from 17 sources (plants, jobs and earnings, sales and market); last updated on 6 November 2026 at 02:30. Figures reported: 505 vehicles.

- Status: ongoing
- Scope: International
- Category: Plants, jobs and earnings, Sales and market
- Countries: Japon, États-Unis, Chine, Allemagne, Italie, Suède
- Brands: Toyota, Toyota Motor, BMW, BYD, Chery, Ferrari, Geely, Great Wall Motor, Lexus, Volvo Cars
- First detected: 4 November 2026 at 02:00
- Updated: 6 November 2026 at 02:30
- Web page: https://mecapress.com/stories/275-toyota-raises-annual-profit-forecast-and-increases-share-buybacks

## National stories (8)

- China — 0 country-specific event, 22 articles
- Japan — 0 country-specific event, 11 articles
- Germany — 0 country-specific event, 5 articles
- United States — 0 country-specific event, 5 articles
- France — 0 country-specific event, 4 articles
- Brazil — 0 country-specific event, 3 articles
- India — 0 country-specific event, 3 articles
- South Korea — 0 country-specific event, 3 articles

## Reported figures

- 992 billion yen
- $6.3 billion
- ¥135B
- JPY 1,000 billion
- $23 billion

## What is established

_“Confirmed” = reported by at least two independent outlets (outlets of the same group count as one). AI cross-check of the collected headlines and extracts._

**Confirmed by several sources**

- Toyota raised its annual operating profit forecast by 500 billion yen, to 3,900 billion, for the fiscal year ending March 2027. (6 independent sources: [car.watch.impress.co.jp](https://car.watch.impress.co.jp/docs/news/2153950.html), [뉴스핌](https://www.newspim.com/news/view/20261105001116), [파이낸셜뉴스](https://en.fnnews.com/news/202611051535515091), [nikkei.com](https://www.nikkei.com/article/DGXZQOFL054JTTV01C26A1000000/), [レスポンス（Response.jp）](https://response.jp/article/2026/11/05/418654.html), [Stock Titan](https://www.stocktitan.net/sec-filings/TM/6-k-toyota-motor-corp-current-report-foreign-issuer-f821114997e1.html))
- Half-year net profit attributable to shareholders reaches 2,236.4 billion yen, up 26.1%. (5 independent sources: [凤凰网科技](https://news.google.com/rss/articles/CBMiTEFVX3lxTFB0VFhleTNzc2xPc1dUNUtubHV0alhKenItMU5XSmw5TmhpcTU2Y1RVZXNkNzFrVVNFYkFJakJLVTZUcWw3MDNGMFNhVlY?oc=5), [网通社](https://news.google.com/rss/articles/CBMiWkFVX3lxTE9YSDdpVXRVVjVpYk9rbzVHSWJNRE5kYU9TS05JekZzNkZZSV9ZYWM1SnlDeEVNOVg3QXVJSVdHWnZJcUVER3hfci13U243em9SYU8xQXJCeE9kZw?oc=5), [凤凰网](https://news.google.com/rss/articles/CBMiTEFVX3lxTE9QN1pLX0RQYmJEVGFYMHJNNEktQjA2dnpnMVkxbE9ZRWNWT3diTlRaeHJSYV8tSkVVVTFXTlhGd0NSTUowMVR2QVJzQ2Y?oc=5), [car.watch.impress.co.jp](https://car.watch.impress.co.jp/docs/news/2153950.html), [Stock Titan](https://www.stocktitan.net/sec-filings/TM/6-k-toyota-motor-corp-current-report-foreign-issuer-f821114997e1.html))
- Second-quarter operating profit rises 34% year-on-year, first increase in six quarters. (5 independent sources: [financialnewsletter.com](https://financialnewsletter.com/toyota-posts-profit-surge/), [The Business Times](https://news.google.com/rss/articles/CBMizwFBVV95cUxQNE1hNGxCTGlsem5SbjBhdjZzcFgyWTZkMTJjMFotQkEta0pNSXpyZ0RDNEEtMXppZTlUNlpSTGtERFNQNXY4YUdBbG1Cby1mUmpKRXlIVWktYkNNRThIT3RoNmJFcTY1ZlpadGpObE90U21HbDgwY1c5SGpvVDZtSlN4T01ReWJXUE43Q1lPQ3RKMDN5UGxtU1BvUHhLci0yNHVsazJKVktWckZqV0JTWV84eld6dWdsYXA0X09rRE9Td2MxOGxtU20zcTU0bnM?oc=5), [同花顺](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1sTGZDWmpMM0wtbDBYWFBjdFNHMGxfdHIzdnZpbVV0RmNJX0hveUx3eDhwa2FtNTFFdWZJTk1fT0wxV19NczFmUi1nT3NhU0xqaGlMVWdtdGtJMDZ1NE1LYg?oc=5), [motor.no](https://www.motor.no/aktuelt/toyota-tjener-milliarder-pa-hybridsatsing/373944), [L'Auto-Journal](https://www.autojournal.fr/actu/toyota-redresse-benefices-previsions-hybrides-430500.html?utm_source=rss_feed&utm_medium=link&utm_campaign=unknown))
- Second-quarter (July-September) net profit stands at 759.4 billion yen, below the estimate of 769.79 billion. (3 independent sources: [新浪财经](https://news.google.com/rss/articles/CBMiS0FVX3lxTFBlQmVCeGhVZFNaOHJUSk93ZGVTQmtxSGRYd0Z3S3ZJRUJKNmR2bE04LTQtMnIxSjFQaExuVmtjSy1LTTFuUTYtYno1Zw?oc=5), [Japan Wire by Kyodo News](https://english.kyodonews.net/articles/-/90451), [apnews.com](https://apnews.com/article/toyota-earnings-japan-autos-tariffs-sales-edb08f2e852ef77ba260b33568ae43ff))
- Toyota plans 11 to 14 trillion yen, about $89 billion, in shareholder returns over five years. (3 independent sources: [观点网](https://news.google.com/rss/articles/CBMiYkFVX3lxTE42WW93TERIbUlVckdTTTBzU29TQ0drSXBYa3BQTEtGY0JpWkV4Qzg4Yl92U0p0YlFCbGJOdzJWUHE0N01YNWFLUnJqUzNuMUxFNFNra2FiTUYxX3FJR1lvazdB?oc=5), [Boursorama](https://news.google.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?oc=5), [CNBC](https://www.cnbc.com/2026/11/05/toyota-hikes-annual-outlook-and-unveils-89-billion-shareholder-return-plan.html))
- Half-year operating profit (April-September 2026) amounts to 2,191.1 billion yen, up 185.4 billion year-on-year. (2 independent sources: [car.watch.impress.co.jp](https://car.watch.impress.co.jp/docs/news/2153950.html), [news.web.nhk](https://news.web.nhk/newsweb/na/nd-20261105de70769))
- Toyota raises its annual dividend to 100 yen per share. (2 independent sources: [新浪财经](https://news.google.com/rss/articles/CBMiS0FVX3lxTE9jQ20zNGJ3UmJvVFA2TDg3V3RDLU1wNlJyQ2ZEbkVvWEZVcDBROE1Ed3JVVFg4NjZVdGM1d3pGRFhsb2JZdV9ZenlEWQ?oc=5), [Stock Titan](https://www.stocktitan.net/sec-filings/TM/6-k-toyota-motor-corp-current-report-foreign-issuer-f821114997e1.html))
- Toyota raises its share buyback cap to 1,300 billion yen, or 610 million shares. (2 independent sources: [investing.com](https://www.investing.com/news/earnings/toyota-q2-profit-beats-estimates-hikes-guidance-buyback-plans-5002220), [TipRanks](https://www.tipranks.com/news/company-announcements/toyota-raises-share-buyback-ceiling-to-1-3-trillion))
- Toyota shares soared in Tokyo, posting their biggest daily rise in 39 years. (2 independent sources: [Times Brasil | CNBC](https://news.google.com/rss/articles/CBMi-gFBVV95cUxQVWpyN1o2cU80R0lJa0ktZVJ4ZVlBU0FFazc2ZkZnWmVFNXJfS0xSbnA2c1lKcy1nOEdVdVBtaE5kaUh3WXFtV2RweHllYUxCTUZHdFpyNmdaU3RTSHVjSl9acGk1Nm52VUt3STdXWmNtOGxxcVd2YjFmY3A2WmFndngyTHdVRlJDM0l6RG5fTVVtRmMyb3ZkbC1HcU9kNXZMaEVlOFlGTWQ0NDB4OW9NSE9NZG1FMy1WdllMR0NoLTQyRkswemdqNDFUbnFCUlJOXzMwV05RT0o4dDQ3MjA5RzBxTHpPOUJYVGltbFhUWEhzY3dldllZeXJn?oc=5), [财联社](https://news.google.com/rss/articles/CBMiSEFVX3lxTFBxZmNLNWV3SGx6eUZreVIyLXNRYnU1YUthdnZhYXV2YkdIWXNNZHRFdS1peF9pc1BFWEhWWTZPMDFwUGZoOVZrdw?oc=5))
- Toyota raises its annual net profit forecast to 3,570 billion yen, against 3,250 billion previously. (2 independent sources: [Free Malaysia Today](https://www.freemalaysiatoday.com/category/business/2026/11/05/toyota-hikes-profit-forecasts-on-strong-demand), [The Japan Times](https://www.japantimes.co.jp/business/2026/11/05/companies/toyota-profit-forecast-upward-revision/))

**Sources disagree**

- Extent of Toyota share price rise: Rise of up to 8.5% according to [东方财富](https://news.google.com/rss/articles/CBMiYEFVX3lxTE5STjRQM0gwc1dIanhhdW9aTDRZSXlaZndQemlNMWxGSjBEcFJOWFhrZ2dKcDNUam1YTG9LbjhCR2lTbjdDZTFGWHpPWVp5dDZ1UFQ5UVh3X0tPR1Z4dkpqQw?oc=5) ; Rise of 14.9% according to [investing.com](https://www.investing.com/news/stock-market-news/why-is-toyota-motor-stock-surging-today-93CH-5002435), [Investing.com India](https://in.investing.com/news/stock-market-news/why-is-toyota-motor-stock-surging-today-93CH-5681882) ; Rise of 15% according to [뉴스핌](https://www.newspim.com/news/view/20261105001116) ; Rise of up to 15.5% during the session according to [网通社](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBiYzd3QTdHeTBCR1FwVUc4emFkbldxQUcxeTJNN05NNVFUU2loRXRaN2NJS285Z3VWdzF2OG5oUzdqRjdfdjB5WVctcTNPb3lLWkdObmQydmVEZw?oc=5)
- Reference period for the first profit increase: First operating profit increase in six quarters according to [cbtnews.com](https://www.cbtnews.com/cbt-automotive-newscast-november-04-2026/), [ET Auto](https://auto.economictimes.indiatimes.com/news/industry/toyota-second-quarter-profit-seen-climbing-18-first-increase-in-six-quarters/135547818), [글로벌이코노믹](https://www.g-enews.com/article/Global-Biz/2026/11/2026110420392528282bd56fbc3c_1), [The Daily Star](https://www.thedailystar.net/business/global-economy/news/toyota-set-first-profit-rise-six-quarters-4315781), [financialnewsletter.com](https://financialnewsletter.com/toyota-posts-profit-surge/), [The Business Times](https://news.google.com/rss/articles/CBMizwFBVV95cUxQNE1hNGxCTGlsem5SbjBhdjZzcFgyWTZkMTJjMFotQkEta0pNSXpyZ0RDNEEtMXppZTlUNlpSTGtERFNQNXY4YUdBbG1Cby1mUmpKRXlIVWktYkNNRThIT3RoNmJFcTY1ZlpadGpObE90U21HbDgwY1c5SGpvVDZtSlN4T01ReWJXUE43Q1lPQ3RKMDN5UGxtU1BvUHhLci0yNHVsazJKVktWckZqV0JTWV84eld6dWdsYXA0X09rRE9Td2MxOGxtU20zcTU0bnM?oc=5) ; First profit increase in three years according to [toyotatimes.jp](https://toyotatimes.jp/en/toyota_news/financial_results_2027/002.html?padid=ag478_from_newsroom)

**Updates**

- 5 November 2026 at 18:08: Annual revenue forecast lowered despite the upward revision of profit forecasts.
- 5 November 2026 at 18:08: Annual net profit forecast raised to 3,570 billion yen (against 3,250 billion).
- 5 November 2026 at 13:34: Q2 net profit of 759.4 billion yen, below the estimate of 769.79 billion yen
- 5 November 2026 at 13:34: Share price rise confirmed at close: nearly 17%, biggest daily rise in 39 years
- 5 November 2026 at 08:29: Q2 operating profit: +18% expected by analysts, +34% announced

**Checked on the web**

_Automatic web search, official sources first; “contradicted” only when an official source is cited._

- Not confirmed at this stage: Toyota raised its annual operating profit forecast by 500 billion yen, to 3,900 billion, for the fiscal year ending March 2027. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1094517/000119312526331392/d258414dex992.htm) (official), [agefi.fr](https://www.agefi.fr/news/entreprises/toyota-trebuche-en-depit-de-meilleures-previsions), [businessday.co.za](https://www.businessday.co.za/motoring/2026-11-04-toyota-profit-set-for-first-increase-in-six-quarters/), [toyota-industries.com](https://www.toyota-industries.com/news/2025/10/31/008884/index.html), [charlotteobserver.com](https://www.charlotteobserver.com/news/business/article317916159.html))
- Confirmed: Half-year net profit attributable to shareholders reaches 2,236.4 billion yen, up 26.1%. ([aol.com](https://www.aol.com/articles/toyota-profit-surges-34-first-050158000.html), [japanir.jp](https://japanir.jp/en/company/company-7203/ir/7203-20261105-02_wp_financial_summary/?ir_category=capital_structure), [tikr.com](https://www.tikr.com/fr/blog/toyota-soars-10-on-raised-outlook-and-89-billion-shareholder-return-plan-wow), [boursorama.com](https://www.boursorama.com/actualite-economique/actualites-amp/toyota-releve-ses-previsions-de-benefices-pour-2026-2027-aide-par-un-yen-affaibli-da101492ccf8ca6e87cab7da16a1965f), [autoactu.com](https://www.autoactu.com/actualites/toyota-releve-ses-previsions-aide-par-un-yen-affaibli))
- Not confirmed at this stage: Second-quarter operating profit rises 34% year-on-year, first increase in six quarters. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1094517/000119312526331392/d258414dex992.htm) (official), [businessday.co.za](https://www.businessday.co.za/motoring/2026-11-04-toyota-profit-set-for-first-increase-in-six-quarters/), [agefi.fr](https://www.agefi.fr/news/entreprises/toyota-trebuche-en-depit-de-meilleures-previsions), [investing.com](https://www.investing.com/news/stock-market-news/toyota-secondquarter-profit-seen-climbing-18-first-increase-in-six-quarters-4997297), [aol.com](https://www.aol.com/articles/toyota-second-quarter-profit-seen-043850000.html))

## Background

_Context and reference points, separate from the story’s news; every item links to its source._

**Key terms**

- **Share buyback**: Transaction in which a company buys back its own shares; according to the source, share buybacks and dividends together constitute a portion of results distributed to shareholders (about $914 billion expected in 2014 for US companies, or 95% of estimated S&P 500 earnings). ([Wikipédia](https://fr.wikipedia.org/wiki/Dividende))
- **Dividend**: Payment made by a company of part of its profits to its shareholders; it has financial and legal aspects, and decision procedures vary by country (in France, shareholders meeting in general meeting decide on the payment). ([Wikipédia](https://fr.wikipedia.org/wiki/Dividende))
- **Operating profit**: Intermediate management balance, called operating income, which reflects a company's economic performance in its core business; it does not take into account financial income or expenses, exceptional income or expenses, employee profit-sharing, or income tax. ([Wikipédia](https://fr.wikipedia.org/wiki/R%C3%A9sultat_d%27exploitation))

## Sources by country and language

- China: 22 articles, 15 outlets
- unknown: 20 articles, 15 outlets
- Japan: 11 articles, 9 outlets
- Germany: 5 articles, 4 outlets
- United States: 5 articles, 4 outlets
- France: 4 articles, 3 outlets
- Brazil: 3 articles, 2 outlets
- India: 3 articles, 3 outlets
- South Korea: 3 articles, 3 outlets
- Belgium: 1 articles, 1 outlets
- Canada: 1 articles, 1 outlets
- Switzerland: 1 articles, 1 outlets
- Netherlands: 1 articles, 1 outlets
- Norway: 1 articles, 1 outlets
- Singapore: 1 articles, 1 outlets
- South Africa: 1 articles, 1 outlets

**Languages**: English (38), Chinese (22), Japanese (6), French (4), Portuguese (4), German (4), Korean (3), Dutch (1), unknown (1)

## Timeline (11 events)

### 4 November 2026 — [Toyota: global sales down 4.0% to 5.05 million in first half of 2026](https://mecapress.com/events/3649-toyota-global-sales-down-4-0-to-5-05-million-in-first-half-of-2026.md)

Toyota sold around 5.05 million vehicles in the first half of fiscal year 2026, down 4.0% year-on-year.

2 sources, 2 articles · Worldwide (Japon)

### 4 November 2026 — [Toyota forecasts 18% increase in operating profit in third quarter 2026](https://mecapress.com/events/3912-toyota-forecasts-18-increase-in-operating-profit-in-third-quarter-2026.md)

Toyota anticipates an 18% year-over-year increase in its operating profit in the third quarter of 2026.

2 sources, 10 articles · Japon, Chine, États-Unis, Allemagne, Italie, Suède

### 4 November 2026 — [Toyota buys back 45.2 million shares worth 135 billion yen in October](https://mecapress.com/events/4287-toyota-buys-back-45-2-million-shares-worth-135-billion-yen-in-october.md)

As part of its buyback program covering 500 million shares and 1,000 billion yen until August 2027, Toyota repurchased 45.2 million titles in October 2026.

1 sources, 1 articles · Japon

### 4 November 2026 — [Hybrid demand could boost Toyota's profits](https://mecapress.com/events/4510-hybrid-demand-could-boost-toyota-s-profits.md)

According to an analysis, strong demand for Toyota's more profitable hybrid vehicles should support an improvement in its quarterly operating results.

1 sources, 1 articles · Japon

### 5 November 2026 — [L'action Toyota bondit de 8,5 %, plus forte hausse depuis juillet 2025](https://mecapress.com/events/4554-l-action-toyota-bondit-de-8-5-plus-forte-hausse-depuis-juillet-2025.md)

Le titre Toyota a grimpé jusqu'à 8,5 % en séance, sa plus forte progression depuis juillet 2025, porté par les perspectives de résultats du groupe.

1 sources, 3 articles · Japon

### 5 November 2026 — [Toyota : bénéfice net trimestriel de 759,4 milliards de yens, sous les attentes](https://mecapress.com/events/4772-toyota-benefice-net-trimestriel-de-759-4-milliards-de-yens-sous-les-attentes.md)

Toyota publie un bénéfice net de 759,4 milliards de yens pour le deuxième trimestre, légèrement inférieur aux 769,8 milliards attendus.

1 sources, 2 articles · Worldwide (Japon)

### 5 November 2026 — [Toyota relève son dividende annuel à 100 yens par action](https://mecapress.com/events/4771-toyota-releve-son-dividende-annuel-a-100-yens-par-action.md)

Toyota annonce porter son dividende de l'exercice en cours à 100 yens par action.

1 sources, 1 articles · Japon

### 5 November 2026 — [Toyota raises annual profit forecast after strong first half](https://mecapress.com/events/4713-toyota-raises-annual-profit-forecast-after-strong-first-half.md)

Toyota reports for its first half of 2026-2027 an operating profit of 2,191.1 billion yen (+185.4 billion) and revenue of 26,962.4 billion. The automaker raises its annual profit forecast by 500 billion, to 3,900 billion yen, with an electrified share of 55.6%.

14 sources, 40 articles · Worldwide (Japon, Chine, États-Unis)

### 5 November 2026 — [Toyota relève son plafond de rachat d'actions à 1 300 milliards de yens](https://mecapress.com/events/4754-toyota-releve-son-plafond-de-rachat-d-actions-a-1-300-milliards-de-yens.md)

Toyota porte son programme de rachat à 610 millions d'actions, soit un plafond de 1 300 milliards de yens, et l'étend via une offre publique d'achat.

1 sources, 1 articles · Japon

### 5 November 2026 — [Toyota prévoit 11 à 14 trillions de yens de retours aux actionnaires sur cinq ans](https://mecapress.com/events/4736-toyota-prevoit-11-a-14-trillions-de-yens-de-retours-aux-actionnaires-sur-cinq.md)

Toyota Motor prévoit d'allouer entre 11 000 et 14 000 milliards de yens à la rémunération de ses actionnaires sur les cinq prochaines années.

2 sources, 3 articles · Japon

### 5 November 2026 — [L'action Toyota bondit de près de 17 % à Tokyo après le relèvement de sa prévision de bénéfice](https://mecapress.com/events/4933-l-action-toyota-bondit-de-pres-de-17-a-tokyo-apres-le-relevement-de-sa.md)

L'action Toyota a signé à Tokyo sa plus forte hausse quotidienne en 39 ans, portée par le relèvement de la prévision de bénéfice annuel du constructeur.

8 sources, 19 articles · Tokyo — Japon, États-Unis

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Cite as: Mecapress, “Toyota raises annual profit forecast and increases share buybacks”, https://mecapress.com/stories/275-toyota-raises-annual-profit-forecast-and-increases-share-buybacks
Methodology: https://mecapress.com/methodology