Toyota Motor Corp. lifts its net profit forecast for the year ending March to a record 4.5 trillion yen ($30.3 billion) from an earlier projection of 3.95 trillion yen due to robust post-pandemic demand, but it also lowered group car sales outlook following a series of quality scandals.
Toyota Motor Corp. said on Feb. 9 its net profit in the nine months through December fell 18.0 percent to 1.9 trillion yen ($14 billion) from a year ago.
Toyota Motor Corporation had excellent news for its investors on Wednesday, February 9, with the Japanese automaker reporting a record net profit of 2.32 trillion yen ($20.10 billion) for the period of April to December in 2021.
Toyota Motor Corp reported a 48% rise in second-quarter operating profit and raised its earnings outlook on Thursday as it benefited from a rebound in vehicle demand and a weaker yen.