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Tag Archives: 2012 toyota forecast
Toyota Posts FY Q1 Loss from Earthquake and Strong Yen
Toyota Motor Corporation (TMC) in Japan today said that operating income decreased from ¥211.6 billion to a loss of ¥108.0 billion, while income before income taxes was a loss of ¥80.5 billion yen. This was Toyota’s first quarterly loss in two years as Net income decreased from ¥190.4 billion yen to ¥1.1 billion. Operating income decreased by ¥319.6 billion yen. Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged 2012 toyota forecast, auto results, japan earthquake, q1 toyota results, results, toyota
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Toyota Predicts 31% Profit Dip in Fiscal Year from Earthquake
The longer term issues facing Toyota are recovering lost market share and the unprecedented strength of the Japanese Yen caused by massive inflows of cash as export oriented Japanese companies attempt to recover from earthquake losses. Continue reading
