STORY: Toyota said quarterly profit halved in an earnings report on Friday, and forecast a decline of 20% over the year to come.
The world's top automaker reported an operating profit of $3.6 billion for the three months to the end of March, compared with around $7 billion a year earlier.
For the year just started, it expects an operating profit of just over $19 billion, far below analyst forecasts.
Toyota said the Middle East crisis alone would cost it over $4 billion in the current financial year.
It had said last week that the crisis was disrupting sales and shipments in the region.
The results highlight the lopsided impact of the conflict.
While higher energy prices drove more customers to buy fuel-efficient cars, that wasn't enough to offset rising costs and supply-chain problems.
Toyota shares fell after the report and ended down around 2.2%, posting their lowest close since mid-October.
