Dossier
Takanori Azuma
Coverage of Takanori Azuma in the Nexus archive.
- Japan’s Toyota reports hefty profit on cheap yen and solid car sales
Toyota reported a nearly doubled profit of 1.48 trillion yen for the fiscal first quarter due to strong demand in the U.S. and India, combined with a favorable yen exchange rate. The automaker faces challenges from Middle East political instability affecting shipping routes and a 7.1 magnitude earthquake in Kumamoto, Japan.
- Japan’s Toyota reports hefty profit on cheap yen and solid car sales
Toyota reported a nearly doubled profit of 1.48 trillion yen for the fiscal first quarter, driven by strong sales in the U.S. and India and a favorable yen exchange rate. The company faces challenges from a Middle East shipping disruption and an earthquake in Kumamoto, Japan, but expects robust hybrid and electric vehicle sales through 2030.