What is the total financial impact Toyota reported from the Iran war, and how is it broken down?

Toyota reported a total financial impact of £3bn (approximately 670bn yen) from the Iran war, broken down into a 400bn yen (£1.9bn) increase in materials costs and a 270bn yen loss from lower sales.

Why has the US-Israeli conflict with Iran particularly affected Toyota and other Asian manufacturers?

The conflict has severely disrupted supply chains, especially due to the closure of the Strait of Hormuz, which trapped Gulf exports critical to Asian manufacturing; Japan’s automotive industry, for instance, relies on the Middle East for 70% of its aluminium imports, and rising oil prices have also increased tyre production costs.

Iran War Costs Toyota £3bn as Material Prices Soar and Sales Fall

May 8, 2026

Toyota reported a £3bn financial hit due to soaring material costs and reduced sales caused by the Iran conflict. The automaker cited rising aluminum, oil, and paint prices alongside trade disruptions as key factors impacting its operating profits.

theguardian

2026-05-08

Iran War Costs Toyota £3bn as Material Prices Soar and Sales Fall

Iran War Costs Toyota £3bn as Material Prices Soar and Sales Fall

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