# Toyota raises annual profit forecast despite decline in global sales

> Toyota sold around 5.05 million vehicles in the first half of 2026, down 4.0%, while raising its annual profit forecast by 500 billion yen to 3.9 trillion yen, after a half-year operating profit of 2,191.1 billion yen. The group also announced an annual dividend of 100 yen per share and a share buyback ceiling raised to 1.3 trillion yen, while its quarterly net profit of 759.4 billion yen came in slightly below expectations. In Tokyo, the share price surged nearly 17%, its biggest daily gain in 39 years, as investors welcomed the earnings outlook and hybrid demand. The provided sub-events do not detail national divergences beyond this Japanese reaction; Chinese, German, American and South Korean press are covering the story.

**In brief**: Ongoing story bringing together 10 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 5 November 2026. 51 articles from 14 sources (plants, jobs and earnings, sales and market); last updated on 5 November 2026 at 14:30. 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: 5 November 2026 at 14:30
- Web page: https://mecapress.com/stories/275-toyota-raises-annual-profit-forecast-despite-decline-in-global-sales

## National stories (6)

- China — 0 country-specific event, 16 articles
- Japan — 0 country-specific event, 7 articles
- Germany — 0 country-specific event, 5 articles
- United States — 0 country-specific event, 3 articles
- France — 0 country-specific event, 3 articles
- South Korea — 0 country-specific event, 2 articles

## Reported figures

- 992 billion yen
- $6.3 billion
- US$22.6 billion
- $22.6 billion
- ¥1.3 Trillion

## 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 has raised its annual operating profit forecast by 500 billion yen, to 3.9 trillion yen. (13 independent sources: [investing.com](https://www.investing.com/news/stock-market-news/toyota-profit-surges-34-first-rise-in-six-quarters-5002210), [nikkei.com](https://asia.nikkei.com/business/automobiles/toyota-raises-profit-forecast-as-strong-hybrid-sales-defy-china-slump), [car.watch.impress.co.jp](https://car.watch.impress.co.jp/docs/news/2153950.html), [financialnewsletter.com](https://financialnewsletter.com/toyota-posts-profit-surge/), [Free Malaysia Today](https://www.freemalaysiatoday.com/category/business/2026/11/05/toyota-hikes-profit-forecasts-on-strong-demand), [뉴스핌](https://www.newspim.com/news/view/20261105001116), [finanzen.ch](https://news.google.com/rss/articles/CBMiygFBVV95cUxNSWRPeEphTk1wSkRuMWJaRVRoRDZhQnNuZ2phckJlcXhtQ05BOGRkVWlJUTh2T202NXJyMjk0bWJPTjYxTXJ2NnY2cGQ4YUNhcjMwMnlNaWoyM3gzb3h4R0hyQVFWalZnT2pKNXYtWXBuZ3ZBNWU0eEE4alVqbzlNX1pBQV9wMzRFMjAxU0hVamU3UWVCUVVKY0hlMHV3TjFjai1xU3pnMVBFRFpleDBLVjRFNmpwcjdoTjBwZFNiZFFaSmFjZTFxdTVn?oc=5), [The Business Times](https://news.google.com/rss/articles/CBMizwFBVV95cUxQNE1hNGxCTGlsem5SbjBhdjZzcFgyWTZkMTJjMFotQkEta0pNSXpyZ0RDNEEtMXppZTlUNlpSTGtERFNQNXY4YUdBbG1Cby1mUmpKRXlIVWktYkNNRThIT3RoNmJFcTY1ZlpadGpObE90U21HbDgwY1c5SGpvVDZtSlN4T01ReWJXUE43Q1lPQ3RKMDN5UGxtU1BvUHhLci0yNHVsazJKVktWckZqV0JTWV84eld6dWdsYXA0X09rRE9Td2MxOGxtU20zcTU0bnM?oc=5), [autoweek.nl](https://www.autoweek.nl/autonieuws/artikel/toyota-verhoogt-winstverwachting-door-sterke-vraag-naar-hybrides/?utm_source=rss&utm_medium=rssdefault&utm_campaign=rss), [WirtschaftsWoche](https://news.google.com/rss/articles/CBMisAFBVV95cUxNLTJxZFlUN0dnM3VJaTFRLXlLMlVVM2xOMDExblNBaF9sTTFiQ2ZJdnNiUFlCalJOWmRzaTNFNlA3VVJGbnJmaWRyUHBfS1I0WUxKN210OU5qMXotcjh0MWNUT1FLWmQ3UHE1ODZ5cEEtc2EyZlBFc1VLVmNQbHhpOUpkMnFzeHNJVS1RM0x3S1FWdGhGRFVhN0I5NE9qcl9Qb2k2a0JLUXRnNHJQZlQ3Yw?oc=5), [STERN.de](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQbE9rS2N6ZWEwMGRZSHVnRHdmWUFxVHR3WjRpQ0NnejdsZHVnOWMyNUQtcGRDNWYyRVktdW1nbDdvUm9SeDh0clBfY2JESzAwWl9xTzJxV1VPOWUtQmJ1Y3lpTjRtZXBRV1Z0WGsxbGxRQkFNU3ozQUpRMjEyN3ZpUWY5WEh1aFp1cTlzMHV2N3VqWlU0cW85UUtRajgzRGtXel9haDJaX0ZBb1E?oc=5), [レスポンス（Response.jp）](https://response.jp/article/2026/11/05/418654.html), [Manager Magazin](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOQktuR0syU2pJUExTQ0VleXJ5Ykw0TldDeS0zR1R4ektIak9NcW1VdjhnNHlMZVMxTF9JM0F2ZlFySUNBZENOTjZmQUVabEVnX0hfRkYyS2lFNGE4LUVOMlhVdFJOLXVVcFdwNnhIUTY4elhtX1V4OWNHaC1STlNFN3BGcVBQN1FvMzJheWRtcnc3dzNIenktOVNiQjQtMmdXZm1mWEd6Z3RIX3ZURktXWUlVbkRnZVE1N3NKU3I1c2FHMlpxdTFjRXJ1Nk9ZY1ZhdFkzcFNtSFhPVy11emlXWk1YM3pwdndoa2c?oc=5))
- Half-year net profit attributable to shareholders reaches 2,236.4 billion yen, up 26.1%. (4 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))
- Toyota sold around 5.05 million vehicles in the first half of fiscal year 2026, down 4.0%. (2 independent sources: [レスポンス（Response.jp）](https://response.jp/article/2026/11/04/418566.html), [ground.news](https://ground.news/article/toyota-reports-a-40-decrease-in-global-sales-to-505-million-units-for-the-first-half-of-fiscal-year-2026))
- Half-year operating profit (April-September 2026) stands at 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))
- Half-year revenue reaches 26,962.4 billion yen, up 9.5%. (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))
- Second-quarter net profit (July-September) stands at 759.4 billion yen, below the estimate of 769.79 billion. (2 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))
- Toyota has raised its share buyback ceiling to 1.3 trillion 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))

**Sources disagree**

- Scale of Toyota share price increase: Increase of up to 8.5% according to [东方财富](https://news.google.com/rss/articles/CBMiYEFVX3lxTE5STjRQM0gwc1dIanhhdW9aTDRZSXlaZndQemlNMWxGSjBEcFJOWFhrZ2dKcDNUam1YTG9LbjhCR2lTbjdDZTFGWHpPWVp5dDZ1UFQ5UVh3X0tPR1Z4dkpqQw?oc=5) ; Increase of 15% according to [뉴스핌](https://www.newspim.com/news/view/20261105001116) ; Increase of up to 15.5% intraday according to [网通社](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBiYzd3QTdHeTBCR1FwVUc4emFkbldxQUcxeTJNN05NNVFUU2loRXRaN2NJS285Z3VWdzF2OG5oUzdqRjdfdjB5WVctcTNPb3lLWkdObmQydmVEZw?oc=5) ; Increase of nearly 17% according to [Times Brasil | CNBC](https://news.google.com/rss/articles/CBMi-gFBVV95cUxQVWpyN1o2cU80R0lJa0ktZVJ4ZVlBU0FFazc2ZkZnWmVFNXJfS0xSbnA2c1lKcy1nOEdVdVBtaE5kaUh3WXFtV2RweHllYUxCTUZHdFpyNmdaU3RTSHVjSl9acGk1Nm52VUt3STdXWmNtOGxxcVd2YjFmY3A2WmFndngyTHdVRlJDM0l6RG5fTVVtRmMyb3ZkbC1HcU9kNXZMaEVlOFlGTWQ0NDB4OW9NSE9NZG1FMy1WdllMR0NoLTQyRkswemdqNDFUbnFCUlJOXzMwV05RT0o4dDQ3MjA5RzBxTHpPOUJYVGltbFhUWEhzY3dldllZeXJn?oc=5)

**Single source so far**

- Toyota has raised its annual dividend to 100 yen per share. (according to [新浪财经](https://news.google.com/rss/articles/CBMiS0FVX3lxTE9jQ20zNGJ3UmJvVFA2TDg3V3RDLU1wNlJyQ2ZEbkVvWEZVcDBROE1Ed3JVVFg4NjZVdGM1d3pGRFhsb2JZdV9ZenlEWQ?oc=5))
- Toyota plans 11 to 14 trillion yen in shareholder returns over five years. (according to [观点网](https://news.google.com/rss/articles/CBMiYkFVX3lxTE42WW93TERIbUlVckdTTTBzU29TQ0drSXBYa3BQTEtGY0JpWkV4Qzg4Yl92U0p0YlFCbGJOdzJWUHE0N01YNWFLUnJqUzNuMUxFNFNra2FiTUYxX3FJR1lvazdB?oc=5))
- Toyota shares surged in Tokyo, marking their biggest daily gain in 39 years. (according to [Times Brasil | CNBC](https://news.google.com/rss/articles/CBMi-gFBVV95cUxQVWpyN1o2cU80R0lJa0ktZVJ4ZVlBU0FFazc2ZkZnWmVFNXJfS0xSbnA2c1lKcy1nOEdVdVBtaE5kaUh3WXFtV2RweHllYUxCTUZHdFpyNmdaU3RTSHVjSl9acGk1Nm52VUt3STdXWmNtOGxxcVd2YjFmY3A2WmFndngyTHdVRlJDM0l6RG5fTVVtRmMyb3ZkbC1HcU9kNXZMaEVlOFlGTWQ0NDB4OW9NSE9NZG1FMy1WdllMR0NoLTQyRkswemdqNDFUbnFCUlJOXzMwV05RT0o4dDQ3MjA5RzBxTHpPOUJYVGltbFhUWEhzY3dldllZeXJn?oc=5))

**Updates**

- 5 November 2026 at 13:34: Q2 net profit of 759.4 billion yen, below estimate of 769.79 billion yen
- 5 November 2026 at 13:34: Share price increase confirmed at close: nearly 17%, biggest daily gain 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 has raised its annual operating profit forecast by 500 billion yen, to 3.9 trillion yen. ([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), [businessday.co.za](https://www.businessday.co.za/motoring/2026-11-04-toyota-profit-set-for-first-increase-in-six-quarters/), [aol.com](https://www.aol.com/articles/toyota-second-quarter-profit-seen-043850000.html), [kansas.com](https://www.kansas.com/news/business/article317916159.html))
- Not confirmed at this stage: Half-year net profit attributable to shareholders reaches 2,236.4 billion yen, up 26.1%. ([businessday.co.za](https://www.businessday.co.za/motoring/2026-11-04-toyota-profit-set-for-first-increase-in-six-quarters/), [lerevenu.com](https://www.lerevenu.com/reussir-bourse/coeur-operations/toyota-releve-ses-previsions-malgre-un-benefice-en/), [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), [mainichi.jp](https://mainichi.jp/english/articles/20260804/p2g/00m/0bu/036000c))
- Not confirmed at this stage: Toyota has raised its annual dividend to 100 yen per share. ([latele.ch](https://latele.ch/articles/toyota-releve-son-ambition-de-benefice-pour-2026-27), [businessday.co.za](https://www.businessday.co.za/motoring/2026-11-04-toyota-profit-set-for-first-increase-in-six-quarters/), [latele.ch](https://latele.ch/articles/toyota-releve-ses-previsions-de-benefices-pour-2026-2027), [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))

## Background

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

**Reference points**

- BYD has crossed the one million employee mark worldwide after hiring around 150,000 people, while its sales declined; this headcount level has raised questions about the automaker's profitability and margin pressure. ([Mecapress archives, 2026](https://mecapress.com/stories/10.md))
- Mazda said it accepts lower sales volumes as the share of electric vehicles grows, and has adjusted its product strategy by reducing the weight of 100% electric vehicles in favor of an expanded hybrid offering. ([Mecapress archives, 2026](https://mecapress.com/stories/74.md))

**Key terms**

- **Operating profit**: Intermediate management balance reflecting a company's economic performance on its core business; it does not take into account financial income or expenses, exceptional income or expenses, employee profit sharing, or income taxes. It corresponds to a positive operating result, the closest Anglo-Saxon notion being EBIT (Earnings Before Interest and Taxes). ([Wikipédia](https://fr.wikipedia.org/wiki/R%C3%A9sultat_d%27exploitation))
- **Hybrid vehicle**: Vehicle using several distinct energy sources to move, often a thermal source and an electric source, to benefit from the advantages of each engine type while minimizing their drawbacks. Four hybridization architectures are possible: series, parallel, power-split, and range-extended. ([Wikipédia](https://fr.wikipedia.org/wiki/V%C3%A9hicule_hybride))

## Sources by country and language

- China: 16 articles, 11 outlets
- unknown: 9 articles, 8 outlets
- Japan: 7 articles, 6 outlets
- Germany: 5 articles, 4 outlets
- France: 3 articles, 3 outlets
- United States: 3 articles, 2 outlets
- South Korea: 2 articles, 2 outlets
- Brazil: 1 articles, 1 outlets
- Switzerland: 1 articles, 1 outlets
- India: 1 articles, 1 outlets
- Netherlands: 1 articles, 1 outlets
- Singapore: 1 articles, 1 outlets
- South Africa: 1 articles, 1 outlets

**Languages**: English (19), Chinese (16), Japanese (5), German (4), Portuguese (2), French (2), Korean (2), Dutch (1)

## Timeline (10 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 — [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%.

12 sources, 27 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.

1 sources, 1 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.

3 sources, 3 articles · Tokyo — Japon, États-Unis

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Cite as: Mecapress, “Toyota raises annual profit forecast despite decline in global sales”, https://mecapress.com/stories/275-toyota-raises-annual-profit-forecast-despite-decline-in-global-sales
Methodology: https://mecapress.com/methodology