Toyota Raises FY 2024 Operating Profit Forecast
Tokyo, Feb. 5 (Jiji Press)--Japan's Toyota Motor Corp. on Wednesday revised up its consolidated operating profit forecast for fiscal 2024, which ends next month, to 4.7 trillion yen.
The automaker raised the forecast from the previously projected 4.3 trillion yen due to a weaker yen and solid sales in the North American and European markets, mainly for hybrid vehicles, despite sluggish domestic sales following a test fraud scandal and intensifying competition in the Chinese market.
(2025/02/05-15:12)
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