The news that Toyota is expecting to post its first ever operating loss in the full year to March 31 is perhaps bad enough.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


But weak global trading conditions and the stronger yen are also hitting financial results prospects for other Japanese OEMs and investrors are bracing for a tough round of Q3 results.


Nissan, also rumoured to heading for a full year operating loss, is expected to issue a profit warning.


Reuters reports that Honda’s forecasts could be cut back again following further production cutbacks at home and overseas.


All three big players are said to be heading for third quarter loss.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Many analysts have also lowered their projections for next business year on new forecasts for depressed sales across the ‘triad’ markets of Japan, Western Europe and North America.


Reuters said that Nissan is seen swinging to a third-quarter loss of 81.7 billion yen, paving the way for its first annual operating loss in 14 years.