TOKYO -- Toyota Motor on Wednesday raised its annual net profit outlook to 4.52 trillion yen ($29.5 billion) for the financial year ending March 2025, 27% higher than previously forecast, helped by strong sales and the weakening yen.
Automobiles
Toyota lifts full-year net profit forecast by 27% on strong sales, weak yen
Lexus EV plant in Shanghai to have 100,000-unit capacity, start production in 2027
Cars wait to be loaded onto a ship at the port of Nagoya in Aichi prefecture, in central Japan. (Photo by Yuki Nakao)
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