Daily brief
Toyota reported a 20% drop in annual profit, warning of a $4.2 billion hit from the Middle East war, as rising costs and the conflict in Iran drive financial strain. Japanese automakers are seeking alternate routes amid Middle East tensions.
Sony announced a $3 billion share buyback as memory prices take a toll on its business.
Nintendo plans a Switch 2 price increase as its outlook disappoints.
A U.S. trade court ruled against Trump's new 10% global tariff.
Osaka Gas posted a record profit for the third consecutive year, though prices may rise.