binance left Huobi Global Coinmarketcap net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

Toyota warns profit to skid 20% as raw materials costs pile up

By Satoshi Sugiyama TOKYO (Reuters) - Toyota Motor (NYSE:TM) warned "unprecedented" hikes in raw material costs could slice a fifth off full-year profit, a clear sign the...
Toyota warns profit to skid 20% as raw materials costs pile up © Reuters. FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su

By Satoshi Sugiyama

TOKYO (Reuters) - Toyota Motor (NYSE:TM) warned "unprecedented" hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world's top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry.

Also reporting a 33% drop in fourth-quarter operating profit, the Japanese giant saw its shares slide more than 5% on Wednesday, before closing down more than 4% - their biggest one-day fall in two months. The Tokyo benchmark was up 0.3%.

Toyota had fared well during the earlier months of a global semiconductor shortage, thanks to its larger stockpile of chips, but it has now joined rivals in slashing production thanks to the prolonged crunch, as well as China's fresh COVID-19 restrictions.

The home of the famed Corolla compact car said it expects materials costs to more than double to 1.45 trillion yen ($11.1 billion) in the fiscal year that started in April, which it expected to deal with by switching to lower-cost materials.

"We need to think about how we can respond to material inflation by eliminating the distinction between original equipment manufacturers and suppliers and working together as one," chief financial officer Kenta Kon told reporters, referring to car makers.

"Since the price of materials is rising, we need to work to reduce the amount of materials we use as much as possible and to replace them with less expensive materials."

The automaker expects to sell 8.85 million vehicles globally this fiscal year, up 7.5% from last year.

For the current fiscal year, Toyota forecast operating profit will fall about 20% to 2.4 trillion yen from almost 3 trillion yen in the previous year. Analysts had expected earnings to rise 12% to 3.36 trillion yen, according to Refinitiv.

In the January-March quarter, its profit slumped to 463.8 billion yen, also significantly below an average estimate of 521.1 billion yen.

The yen's sharp depreciation to two-decade lows has worked in favour of Japan's export-driven auto industry. But the surging raw material costs and global supply chain disruptions exacerbated by China's tough COVID measures are putting pressure on profitability.

Toyota's domestic rivals Nissan (OTC:NSANY) Motor Co and Honda Motor Co report earnings on Thursday and Friday respectively. Nissan shares closed 1.5% lower on Wednesday, while Honda dropped 3.1%.

On Tuesday Toyota cut its global production target for May by around 50,000 vehicles to about 700,000 as it plans to suspend operations on 14 lines at eight domestic factories for up to six days this month due to the COVID lockdown in China.

The plan follows several cuts in its production plan between April and June, which had frustrated its suppliers.

($1 = 130.3400 yen)

Hot Auto Trade Bot ig right nyse right Neteller Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
rakuten_main right top net_home_top Ai VIF Binance _ main right top fbs_main right top tifia_main right top
23-05-2022 08:58:54 (UTC+7)

EUR/USD

1.0588

+0.0027 (+0.26%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (4)

EUR/USD

1.0588

+0.0027 (+0.26%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (4)

GBP/USD

1.2532

+0.0045 (+0.36%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (3)

USD/JPY

127.36

-0.49 (-0.38%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

AUD/USD

0.7082

+0.0049 (+0.69%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

USD/CAD

1.2807

-0.0029 (-0.23%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

134.85

-0.16 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

EUR/CHF

1.0295

-0.0001 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Gold Futures

1,847.74

+5.64 (+0.31%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (8)

Silver Futures

21.821

+0.147 (+0.68%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.3010

-0.0032 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

110.77

+0.49 (+0.44%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

Brent Oil Futures

110.62

+0.63 (+0.57%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Natural Gas Futures

8.164

-0.236 (-2.81%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (6)

US Coffee C Futures

216.48

-2.22 (-1.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Euro Stoxx 50

3,657.03

+16.48 (+0.45%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (1)

S&P 500

3,901.36

+0.57 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,981.91

+99.61 (+0.72%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,389.98

+87.24 (+1.19%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (7)

Sell (2)

Hang Seng

20,538.50

-178.74 (-0.86%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (6)

US Small Cap 2000

1,773.27

-2.96 (-0.17%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

IBEX 35

8,484.50

+78.50 (+0.93%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (5)

Sell (2)

BASF SE NA O.N.

48.850

-0.010 (-0.02%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

63.74

+0.34 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

Allianz SE VNA O.N.

195.58

+0.78 (+0.40%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

Adidas AG

172.80

+0.92 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

6.852

+0.049 (+0.72%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

115.08

+2.62 (+2.33%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (4)

Deutsche Bank AG

9.362

-0.130 (-1.37%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (1)

    EUR/USD 1.0588 Sell  
    GBP/USD 1.2532 Buy  
    USD/JPY 127.36 ↑ Sell  
    AUD/USD 0.7082 ↑ Sell  
    USD/CAD 1.2807 ↑ Buy  
    EUR/JPY 134.85 ↑ Sell  
    EUR/CHF 1.0295 ↑ Sell  
    Gold 1,847.74 ↑ Sell  
    Silver 21.821 ↑ Sell  
    Copper 4.3010 ↑ Sell  
    Crude Oil WTI 110.77 ↑ Sell  
    Brent Oil 110.62 ↑ Sell  
    Natural Gas 8.164 ↑ Sell  
    US Coffee C 216.48 ↑ Buy  
    Euro Stoxx 50 3,657.03 ↑ Buy  
    S&P 500 3,901.36 ↑ Buy  
    DAX 13,981.91 Buy  
    FTSE 100 7,389.98 Neutral  
    Hang Seng 20,538.50 ↑ Sell  
    Small Cap 2000 1,773.27 ↑ Buy  
    IBEX 35 8,484.50 Neutral  
    BASF 48.850 Buy  
    Bayer 63.74 Buy  
    Allianz 195.58 Buy  
    Adidas 172.80 Buy  
    Lufthansa 6.852 ↑ Sell  
    Siemens AG 115.08 Neutral  
    Deutsche Bank AG 9.362 Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,880/ 6,980
(5/ 5) # 1,786
SJC HCM6,895/ 6,985
(0/ 0) # 1,791
SJC Hanoi6,895/ 6,987
(0/ 0) # 1,793
SJC Danang6,895/ 6,987
(0/ 0) # 1,793
SJC Nhatrang6,895/ 6,987
(0/ 0) # 1,793
SJC Cantho6,895/ 6,987
(0/ 0) # 1,793
Cập nhật 23-05-2022 08:58:56
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,850.09 +3.41 0.18%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI $110.39 -0.69 -0.63%
Brent $111.22 -0.68 -0.61%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.005,0023.315,00
EUR23.899,8625.238,69
GBP28.277,1029.483,51
JPY176,47186,83
KRW15,8019,25
Cập nhật lúc 08:54:52 23/05/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right Phương Thức Thanh Toán