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Japan: Toyo Tire forecasts profit falls in FY2011

Toyo Tire & Rubber has reported financial results for the fiscal year ended 31 March 2011 (FY2010) showing above-forecast earnings gains at the operating and ordinary levels but a significant year-on-year decline at the net level, reflecting earthquake-related costs of ¥4.83bn (US$59.68m) in Q4 FY2010. A net loss of ¥4.57bn Subscribe to Automotive World to … Continued

Toyo Tire & Rubber has reported financial results for the fiscal year ended 31 March 2011 (FY2010) showing above-forecast earnings gains at the operating and ordinary levels but a significant year-on-year decline at the net level, reflecting earthquake-related costs of ¥4.83bn (US$59.68m) in Q4 FY2010. A net loss of ¥4.57bn

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https://www.automotiveworld.com/articles/87127-japan-toyo-tire-forecasts-profit-falls-in-fy2011/

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