Toyota expects costs and lost sales from its largest ever car recall to total $2bn - but raises its outlook by posting its strongest profit in six quarters.
Toyota has been forced to recall more than 8 million vehicles worldwide following safety fears over defective accelerators.
"Toyota's recall this time is unlike any other in auto industry history," analyst Lee Sung-Jae said.
"The scale is huge to begin with, and this deals a fatal blow to the very core value Toyota represented - that is the quality of its cars."
The world's biggest car manufacturer is currently working to recall up to 1.8 million cars across Europe - including over 180,000 in the UK - in the crisis.
The Japanese company has said the problems are "rare" but is recalling vehicles and writing to the owners to arrange repairs. Millions more are being recalled across the US and Japan.
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