08/05/2024 09:38 (UTC)

Toyota Motor breaks profit records with remarkable fiscal results

Tokyo, May 8 (EFE/EPA).- Toyota Motor, the Japanese auto giant, has posted a record net profit of 4.94 trillion yen for the fiscal year ending March 2024, up 101.7% from the previous year.

The company also set new records with operating income up 96.4% to 5.32 trillion yen, the highest ever for a Japanese company.

Despite these impressive figures, Toyota has forecast a 27.8% decline in net profit for the next fiscal year, as it awaits challenges including cost increases due to the weak yen. (Camera: KIMIMASA MAYAMA).

FOOTAGE SHOWS A TOYOTA PRESS CONFERENCE ON FISCAL YEAR FINANCIAL RESULTS IN TOKYO.

Metadata

Date: 08/05/2024 09:35 (UTC)
Credit: EFE
Source: EPA
Topic: Economy, business and finance » Transport
Economy, business and finance
Type: Rough cut
Duration: 125 seconds
Reference: 7001361737
Relevance: Normal