JAPAN: Toyota nine-month operating profit plunges 72% on costs and currency
Toyota Motor (TMC) operating profit for the nine months to 31 December, 2011 plunged 72% year on year to JPY117.1bn (US$1.52bn) on sales down 10.2% to JPY12.9 trillion. Net income fell from JPY382.7bn to JPY162.5bn. The company has, however, revised upwards its fiscal full-year forecast for 2011/12.
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