In brief

• Toyota shares rose nearly 17% in Tokyo, their largest one-day gain since 1987, after the automaker raised its full-year profit forecast.
• Operating profit for July to September rose by a third to 1.13 trillion yen, the first annual increase in six quarters.
• The full-year operating profit forecast was lifted to 3.9 trillion yen and the buyback programme expanded to 1.3 trillion yen.

Profit rebound erases year-to-date losses

Toyota Motor's shares rose nearly 17% in Tokyo on Thursday, the largest daily gain for the stock since 1987, according to the Financial Times (Akcie Toyoty vystřelily nejvíc za 39 let – Novinky.cz). The move wiped out all of the company's losses for the year in a single session. The rally followed the release of quarterly results that beat expectations (Toyota podnosi prognozę zysku. Hybrydy i słaby jen wspierają wyniki koncernu – Puls Biznesu).

Quarterly figures and raised guidance

Operating profit for July to September rose by a third year on year to 1.13 trillion yen, roughly 154 billion crowns, marking the first annual increase in six quarters. The carmaker said the gain was helped by robust demand for hybrid models in the United States and a weaker yen. Toyota now expects operating profit for the fiscal year ending in March 2027 to reach 3.9 trillion yen, up 500 billion yen from its previous forecast (Najlepsza sesja Toyoty od 39 lat. Japoński kolos rozpoczyna marsz w stronę robotyki – Bankier.pl). The company also expanded its share buyback programme from 1 trillion yen to 1.3 trillion yen.

Pressure in China and the Middle East

The results came despite weaker sales in China and the Middle East, which partly offset the gains in other markets. Toyota is also pursuing a broader restructuring and has set up a dedicated robotics unit, according to Bankier.pl.

Market context

Analysts pointed to the weak yen as a key factor in the outlook. Business Insider linked the rally in part to market reaction following the US elections (Samochodowy gigant notuje rekordowe wzrosty akcji. Największe od prawie czterech dekad – Business Insider Polska).