TM · Analysis updated Nov 5, 2026, 10:36 AM ET
Why is Toyota Motor Corporation (TM) stock moving?
Toyota's operating profit for July-September rose 34% to 1.13 trillion yen, above the roughly 992 billion yen analysts expected and its first year-over-year quarterly increase in six quarters. It raised its full-year operating-profit forecast 15% to 3.9 trillion yen (about $24.6 billion), helped by strong hybrid sales, a weaker yen and lower U.S. tariffs, even as it cut its vehicle-sales forecast. It plans to return up to 14 trillion yen (about $89 billion) to shareholders by March 2031, double the roughly 7 trillion yen of the past five years, and raised its current buyback to 1.3 trillion yen. Its Tokyo shares closed up about 17%; at about 10:27 AM ET its U.S. shares were $219.00, up 9.8%.
News behind the analysis
- Toyota hikes annual outlook and unveils $89 billion shareholder return planOperating profit forecast 3.9 trillion yen, up 15%; quarterly operating income +34%; Tokyo shares up 17%, biggest gain in almost 40 years.
- Toyota posts profit surge and lifts annual outlook as hybrid sales shineBuyback raised to 1.3 trillion yen; up to 14 trillion yen of returns by March 2031; quarterly operating profit 1.13 trillion yen vs 992 billion expected.
- Toyota Raises Annual Profit Forecast by 15% as Hybrid Demand Boosts EarningsReturns twice the roughly 7 trillion yen of the past five years; about 9.5 trillion yen of cash; new robotics business.
- Toyota Soars Most Since 1987 on Higher Profit Outlook, BuybacksShares had their biggest gain in nearly four decades after the profit forecast raise and higher shareholder returns.
In the Daily Standout
- November 5, 2026: on the shortlist +9.80%