Japan: Toyota forecasts 31% fall in FY2012 net profit

Toyota has outlined its financial forecasts for the fiscal year ending 31 March 2012 (FY2012), the first of the Japanese OEMs to do so, showing expected declines in revenue and earnings reflecting the aftermath of the events of 11 March. The company is forecasting FY2012 revenue of ¥18,600bn (US$141.6bn), down ¥393.6bn, Subscribe to Automotive World … Continued

• By Webmaster
• June 10, 2011