TOKYO -- Toyota Motor on Wednesday reported a record net profit of 2.3 trillion yen ($20 billion) for the nine months through December, up 58% from the same period the previous year, thanks to the weakening yen and a higher operating margin.
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The weak Japanese yen is translating into muscular profits for Toyota. (Photo by Masaru Shioyama)
TOKYO -- Toyota Motor on Wednesday reported a record net profit of 2.3 trillion yen ($20 billion) for the nine months through December, up 58% from the same period the previous year, thanks to the weakening yen and a higher operating margin.