Toyota Motor Corporation (TM)
Coverage summary
Aardvark Labs Capital Research has covered Toyota Motor Corporation (TM) since November 6, 2025. The company is in the Consumer Cyclical sector. This page lists 5 reports: 5 earnings recaps.
The latest is the Q2 FY27 Earnings Recap, published November 7, 2026. That report moved the rating from Outperform to Hold. The rating has changed twice since coverage began.
Translations: 4 in Chinese.
Rating history
All TM reports
Recap: Q2 FY27
A ¥500bn Raise the Yen Did Not Pay For, and Both of Our Downgrade Triggers: North America Slips Back Into Loss, China Reaches the P&L, and a 14% Rally Takes the Margin of Safety With It
Recap: Q1 FY27
Both Conditions Met: North America Earns ¥185.4bn, the Middle East Shock Is Halved by Logistics, and Toyota Finally Buys Its Own Stock
Recap: Q4 FY26
A 30% Miss With the Currency at Its Best: North America Loses ¥287.5bn, the Break-Even Target Is Refused, and Toyota Guides a Third Straight Down Year
Recap: Q3 FY26
North America Is Profitable Again and the CFO Is the New CEO: Toyota Delivers the Operational Trigger, and the Currency Delivers the Guidance Raise
Recap: Q2 FY26
North America Goes Red and Break-Even Volume Hits a Decade High: Toyota's Guidance Raise Is an FX Story, Not an Earnings Story