Japan’s top automaker Toyota is reporting record sales for the fiscal year through March, but its profit for the latest quarter faltered partly because of a certification scandal.

The Japanese carmaker projected lower annual profit after reporting a drop in fourth-quarter earnings, with U.S. tariffs and higher material costs expected to cut into its bottom line.

Toyota held an earnings press conference, talking about impacts of tariffs by President Trump. The company's earnings look much different from last year.