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Extreme uncertainty: What the year holds for Toyota, Nissan and Honda

Japan's automakers face volatile yen, soaring costs and more supply chain woes

A volatile exchange rate is just one uncertainty Japanese automakers will likely have to contend with in the year ahead. (Source photos by Koji Uema and Yasuaki Sako)

TOKYO -- Three topics are expected to dominate Japanese automakers' earnings calls next week: the weak yen, soaring material costs and supply chain disruptions.

Toyota Motor, Nissan Motor and Honda Motor are all expected to report moderate profits for fiscal 2021, which ended in March. Investor focus will instead be largely on their outlooks for the year ahead.

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