Published 11 days ago

Toyota racks up booming profit, vows to invest to keep growth going

Toyota Motor forecasts a 20% profit decline in the current financial year due to investments in suppliers and strategy, despite higher fourth-quarter earnings.
Despite the profit forecast, the automaker exceeded market expectations with a 78% surge in operating profit in January-March.
Toyota's full-year operating profit reached 5.35 trillion yen, a first for a Japanese company, as reported by local media.

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Associated Press News

Toyota racks up booming profit, vows to invest to keep growth going

Toyota has reported that its profit for the fiscal year that ended in March doubled over a year earlier, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker.

12 days ago·United States

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abc News

Toyota racks up booming profit, vows to invest to keep growth going

12 days ago·United States

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KRDO

Toyota racks up booming profit, vows to invest to keep growth going

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota has reported that its profit for the fiscal year that ended in March doubled over a year earlier, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker. Toyota said Wednesday that its profit in the last fiscal year totaled 4.9 trillion yen, or $31.9 billion, while sales jumped 21%. Global sales surged to 9.4 million vehicles from 8.8 million vehicle…

12 days ago·Colorado Springs, United States

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Winnipeg Free Press

Toyota racks up booming profit, vows to invest to keep growth going

TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top […]

12 days ago·Winnipeg, Canada

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National Post

Toyota racks up booming profit, vows to invest to keep growth going

TOKYO (AP) -- Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan's top automaker.

12 days ago·Canada

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Noticias ao Minuto

Toyota recorded record profits in the last fiscal year.

In the fiscal year ending April 31, 2023, Toyota's operating profit also rose 96.4% to 5.32 billion yen, the highest level ever for a Japanese company, according to local press. The pre-tax operating profit, known as EBIT, increased 89.8% in homology to 6.96 billion yen (41.8 billion euros) for the manufacturer. The sales volume of Toyota, the world's largest automaker in terms of sales, was 45.1 billion yen (270.6 billion euros), an increase of…

12 days ago·Portugal

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