# Toyota raises its annual profit forecast despite declining global sales > Toyota reported global sales of 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 and revenue of 26,962.4 billion yen. The automaker also announced an annual dividend increased to 100 yen per share, a share‑buyback ceiling of 1.3 trillion yen, and shareholder returns of 11 trillion to 14 trillion yen over five years. Its quarterly net profit of 759.4 billion yen came in slightly below expectations, while the share price jumped 8.5% and hybrid demand is seen as promising. The sub‑events do not detail national differences; coverage is mainly Chinese and Japanese, with a few articles in Germany and South Korea. **In brief**: Ongoing story bringing together 9 events involving Toyota, Toyota Motor, BMW and 7 more, in 6 countries (Japon, Chine, Allemagne and 3 more), followed from 4 November 2026 to 5 November 2026. 43 articles from 8 sources (plants, jobs and earnings, sales and market); last updated on 5 November 2026 at 10:15. Figures reported: 505 vehicles. - Status: ongoing - Scope: International - Category: Plants, jobs and earnings, Sales and market - Countries: Japon, Chine, Allemagne, Italie, Suède, États-Unis - 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 10:15 - Web page: https://mecapress.com/stories/275-toyota-raises-its-annual-profit-forecast-despite-declining-global-sales ## National stories (4) - China — 0 country-specific event, 16 articles - Japan — 0 country-specific event, 7 articles - Germany — 0 country-specific event, 4 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** - Operating profit increases for the first time in six quarters. (8 independent sources: [businessday.co.za](https://www.businessday.co.za/motoring/2026-11-04-toyota-profit-set-for-first-increase-in-six-quarters/), [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), [investing.com](https://www.investing.com/news/stock-market-news/toyota-profit-surges-34-first-rise-in-six-quarters-5002210), [financialnewsletter.com](https://financialnewsletter.com/toyota-posts-profit-surge/), [The Business Times](https://news.google.com/rss/articles/CBMizwFBVV95cUxQNE1hNGxCTGlsem5SbjBhdjZzcFgyWTZkMTJjMFotQkEta0pNSXpyZ0RDNEEtMXppZTlUNlpSTGtERFNQNXY4YUdBbG1Cby1mUmpKRXlIVWktYkNNRThIT3RoNmJFcTY1ZlpadGpObE90U21HbDgwY1c5SGpvVDZtSlN4T01ReWJXUE43Q1lPQ3RKMDN5UGxtU1BvUHhLci0yNHVsazJKVktWckZqV0JTWV84eld6dWdsYXA0X09rRE9Td2MxOGxtU20zcTU0bnM?oc=5)) - Toyota raised its annual operating profit forecast by 500 billion yen to 3.9 trillion yen. (6 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)) - 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 reported a half‑year operating profit (April‑September 2026) of 2,191.1 billion yen, up 185.4 billion yen 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 stands at 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)) - Global sales for the half‑year fell 4.0% to 5.05 million units. (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)) - Second‑quarter net profit (July‑September) amounts to 759.4 billion yen, down. (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)) - The automaker raised its share‑buyback ceiling to 1.3 trillion yen, equivalent to 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** - Magnitude of Toyota's share price rise: Rise of 8.5%, strongest since July 2025 according to [东方财富](https://news.google.com/rss/articles/CBMiYEFVX3lxTE5STjRQM0gwc1dIanhhdW9aTDRZSXlaZndQemlNMWxGSjBEcFJOWFhrZ2dKcDNUam1YTG9LbjhCR2lTbjdDZTFGWHpPWVp5dDZ1UFQ5UVh3X0tPR1Z4dkpqQw?oc=5) ; Rise of up to 15.5% intraday according to [网通社](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBiYzd3QTdHeTBCR1FwVUc4emFkbldxQUcxeTJNN05NNVFUU2loRXRaN2NJS285Z3VWdzF2OG5oUzdqRjdfdjB5WVctcTNPb3lLWkdObmQydmVEZw?oc=5) ; Rise of 15% according to [뉴스핌](https://www.newspim.com/news/view/20261105001116) **Single source so far** - Toyota expects 11 trillion to 14 trillion yen in shareholder returns over five years. (according to [观点网](https://news.google.com/rss/articles/CBMiYkFVX3lxTE42WW93TERIbUlVckdTTTBzU29TQ0drSXBYa3BQTEtGY0JpWkV4Qzg4Yl92U0p0YlFCbGJOdzJWUHE0N01YNWFLUnJqUzNuMUxFNFNra2FiTUYxX3FJR1lvazdB?oc=5)) - The share of electrified vehicles in half‑year sales reaches 55.6%. (according to [car.watch.impress.co.jp](https://car.watch.impress.co.jp/docs/news/2153950.html)) **Updates** - 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._ - Confirmed: Operating profit increases for the first time in six quarters. ([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), [sunherald.com](https://www.sunherald.com/news/business/article317916159.html), [autoactu.com](https://www.autoactu.com/actualites/toyota-releve-ses-previsions-aide-par-un-yen-affaibli), [japantimes.co.jp](https://www.japantimes.co.jp/business/2026/08/04/toyota-forecast-raise/)) - Not confirmed at this stage: Toyota raised its annual operating profit forecast by 500 billion yen to 3.9 trillion yen. ([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), [mainichi.jp](https://mainichi.jp/english/articles/20260804/p2g/00m/0bu/036000c), [sunherald.com](https://www.sunherald.com/news/business/article317916159.html), [autoactu.com](https://www.autoactu.com/actualites/toyota-releve-ses-previsions-aide-par-un-yen-affaibli)) - Not confirmed at this stage: Toyota expects 11 trillion to 14 trillion yen in shareholder returns over five years. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1094517/000119312526331392/d258414dex992.htm) (official), [global.toyota](https://global.toyota/en/ir?padid=ag478_from_header) (official), [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), [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 surpassed one million employees worldwide after hiring about 150,000 people, while its sales were declining; this headcount level raised questions about the automaker's profitability and margin pressure. ([Mecapress archives, 2026](https://mecapress.com/stories/10.md)) - Mazda stated it would accept lower sales volumes as the electric share grows, and adjusted its product strategy by reducing the weight of all‑electric vehicles in favor of an expanded hybrid lineup. ([Mecapress archives, 2026](https://mecapress.com/stories/74.md)) **Key terms** - **Operating profit**: An intermediate management balance reflecting a company's economic performance on its core business; it does not include 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 concept being EBIT (Earnings Before Interest and Taxes). ([Wikipédia](https://fr.wikipedia.org/wiki/R%C3%A9sultat_d%27exploitation)) - **Hybrid vehicle**: A vehicle that uses 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 hybrid architectures are possible: series, parallel, power‑split, and range‑extender. ([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: 4 articles, 3 outlets - South Korea: 2 articles, 2 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**: Chinese (16), English (16), Japanese (5), German (3), Korean (2), Dutch (1) ## Timeline (9 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%. 8 sources, 22 articles · Worldwide (Japon, Chine) ### 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 --- Cite as: Mecapress, “Toyota raises its annual profit forecast despite declining global sales”, https://mecapress.com/stories/275-toyota-raises-its-annual-profit-forecast-despite-declining-global-sales Methodology: https://mecapress.com/methodology