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Many Japan Automakers Benefit from Weak Yen in FY 2021

Many Japan Automakers Benefit from Weak Yen in FY 2021

   Tokyo, May 14 (Jiji Press)--Six of Japan's seven major automakers fared well on their consolidated bottom lines in fiscal 2021, benefiting from the yen's weakening, according to their earnings reports released by Friday.
   Industry leader Toyota Motor Corp. <7203> reported a record net profit of 2,850.1 billion yen in the year to March, up 26.9 pct from the preceding year.

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AFP-JIJI PRESS NEWS JOURNAL


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