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Toyota Forecasts 36% Profit Growth In FY2014

Despite forecasting a relatively modest 2.6% gain in global vehicle sales in the current fiscal year (FY2014), Toyota is predicting a ¥479bn (US$4.83bn) or 36.3% jump in operating profit, with positive effects from the yen’s depreciation contributing ¥400bn to the year-on-year increase. This forecast, and that of a 42.4% gain Subscribe to Automotive World to … Continued

Despite forecasting a relatively modest 2.6% gain in global vehicle sales in the current fiscal year (FY2014), Toyota is predicting a ¥479bn (US$4.83bn) or 36.3% jump in operating profit, with positive effects from the yen’s depreciation contributing ¥400bn to the year-on-year increase. This forecast, and that of a 42.4% gain

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