Toyota reports its annual profit drops about 20% as uncertainties tied to the Iran conflict weigh on costs and supply, according to two reports. Both outlets link the decline to expenses and potential disruptions associated with the Middle East situation, even as Toyota’s underlying business remains supported by demand for its hybrid vehicles. While sales continue to grow, the companies’ earnings are affected by higher costs and challenges in forecasting supply and logistics amid the regional conflict. The reports describe a contrast between robust demand for Toyota’s hybrid models, which helps drive sales, and weaker profitability resulting from broader operational pressures tied to the war and its knock-on effects. The coverage does not indicate a resolution to the conflict or immediate reversal of the uncertainty, but it frames the profit decline as a result of risk and cost pressures rather than a collapse in demand. Overall, both sources present the same core picture: Toyota’s annual profit declines around 20%, supported by sales growth in hybrids but pressured by Iran-related economic and supply concerns.