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丰田汽车因需求强劲和日元疲软上调利润预期Toyota hikes profit forecasts on strong demand, weak yen

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丰田汽车周四上调了全年利润预期,得益于混合动力车型的强劲需求以及日元走软,尽管面临中国竞争对手的激烈竞争。

Toyota raised its full-year profit forecasts on Thursday on the back of strong demand for hybrid vehicles and the weak yen, despite fierce competition from Chinese rivals.

对于截至2027年3月31日的本财年,该公司表示预计净利润将达到3.57万亿日元(约合226亿美元),高于8月此前预测的3.25万亿日元。不过,该预测仍预示着利润将同比下降7.2%。

For the current year to March 31, 2027, the firm said it expected net profit of ¥3.57 trillion ($22.6 billion), up from its previous projection in August of ¥3.25 trillion. However the forecast still foresees a year-on-year decline in profit of 7.2%.

公司表示,销售保持“韧性”,主要得益于混合动力车型,尤其是在美国市场的表现,以及日元贬值——今夏日元曾跌至四十年来的最低水平。

Sales remained “resilient,” driven by hybrid vehicles, particularly in the United States, the company said, as well as the weakening of the yen, which this summer fell to its lowest level in four decades.

尽管该预测低于彭博社调查的分析师预期,但丰田股价在消息公布后飙升逾15%。

Although the forecast came in below the expectations of analysts surveyed by Bloomberg, Toyota’s share price soared by more than 15% in the wake of the announcement.

公司还预测营业利润将达3.9万亿日元,高于此前预测的3.4万亿日元。

The company also predicted operating profit of ¥3.9 trillion, compared with its earlier forecast of ¥3.4 trillion.

按销量计算的全球最大汽车制造商表示,此次上调预期是因为其“通过生产现场的恢复努力和优化全球供应,缓解了原材料价格上涨以及地震和洪水导致的生产中断的影响,从而维持了合并汽车销量。” 此次上调预期掩盖了第二季度表现疲软的事实,该季度丰田净利润同比暴跌18.5%至7594亿日元,远低于预期,仍受更昂贵的材料等因素拖累。

The world’s largest automaker by sales said the decision came after it “mitigated the impact of rising materials prices and production disruptions caused by earthquakes and floods through recovery efforts at production sites and optimized global supply, thereby maintaining consolidated vehicle sales.”The hike in forecasts overshadowed a lackluster second quarter, which saw Toyota’s net profit slump 18.5% year-on-year to ¥759.4 billion, well short of expectations, still weighed down by more expensive materials and other factors.

相比之下,其季度营收同比增长8.6%至13.4万亿日元,得益于日本和欧洲的销量增加以及北美市场的企稳,尽管面临华盛顿加征的关税。

Its quarterly revenue, by contrast, jumped 8.6% year-on-year to ¥13.4 trillion, thanks to an increase in unit sales in Japan and Europe and stabilization in North America, despite tariffs imposed by Washington.

对于将于3月下旬结束的2026-2027全财年,丰田预计营收将同比增长5.6%至53.5万亿日元,这一数字周四被略微下调。

For the full 2026-2027 fiscal year, which will end in late March, Toyota expects revenue to grow 5.6% year-on-year to ¥53.5 trillion, a figure it slightly revised downward on Thursday.

这家汽车制造商承认面临“充满挑战的竞争环境”。这在中国尤为明显,丰田8月在华销量同比再次暴跌23%。

The automaker acknowledged a “challenging competitive environment.”This is especially true in China, where Toyota again saw its unit sales plunge 23% year-on-year in August.

日元走弱,是因为日美利差、高油价,以及人们担心首相高市早苗的支出计划将进一步膨胀日本巨额债务。

The yen has weakened because of the gap between Japanese and U.S. interest rates, high oil prices and concerns that Prime Minister Sanae Takaichi’s spending plans will further swell Japan’s enormous debts.

近几个月来,疲软的货币推高了资源匮乏的日本的进口成本,尤其是石油,因为伊朗战争扼杀了来自中东的供应。

The weak currency has in recent months inflated resource-poor Japan’s import costs, especially for oil as the Iran war strangles supplies from the Middle East.

虽然疲软货币也提振了日本出口商的盈利能力,但该国车企正受到美国关税、中东战争以及中国竞争对手激烈竞争的挤压。

While a weaker currency also boosts Japanese exporters’ profitability, the country’s automakers are being squeezed by U.S. tariffs, the Middle East war and fierce competition from Chinese rivals.

7月,中国电动汽车巨头比亚迪在日本推出一款微型轻型车,向丰田、日产和铃木发起挑战,杀入它们的主场。

In July Chinese electric vehicle giant BYD challenged Toyota, Nissan and Suzuki on their home turf, launching a pint-sized kei car in Japan.

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