Honda returns to profit but expects chip shortage to crimp 2021 earnings Honda Motor Co (7267.T) on Friday reported a rebound to profit for the fourth quarter helped by cost cuts but warned semiconductor shortages and higher raw material costs would curb growth in the current year. Toyota unfazed by chip shortage, forecasts rebound in profitToyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world's biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals. Toyota expects 2% profit rise as it shrugs off chip shortageJapanese auto giant says hybrids and plug-ins will still predominate in 2030 Toyota Q4 profit nearly doubles, beats expectationsToyota Motor Corp (7203.T) reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic. Toyota roars back with robust profit forecast and share buybackThe automaker said it generated ¥2.25 trillion in the fiscal year to March, up from ¥2.04 trillion the year before, beating its own annual forecast. Toyota forecasts 2% rise in net income to $21bn in FY2021Japanese auto giant shrugs off chip shortage, predicting strong sales gains Toyota set to dodge earnings nightmare caused by chips crisisOn the other side, Japan's other automakers remain mired in a morass of factory closures due to the global shortage. Chip shortage dampens Nissan's route back to profit after record lossNissan Motor Co (7201.T) expects to break even this business year, defying expectations for a return to profitability, as the global chip shortage curbs its recovery from a record annual operating loss.