Toyota shares dropped 3 percent on Thursday after the Japanese carmaker reported a fall in operating profit for the quarter ended June, which fell short of expectations.
Operating profit plunged 42 percent, to ¥578.66 billion ($4.3 billion) in the quarter ended June, compared with ¥997.4 billion ($7.5 billion) in the year-ago period, Toyota said in its quarterly financial statement on Thursday.