Tag Archives: toyota forecast

Toyota Cuts 2012 Forecast as Yen and Thailand Floods Hurt

Posted on 9 December 2011 by Ken Zino

Toyota Motor Corporation today drastically cut its fiscal year 2012 forecast based on the ongoing negative effects of the strong Yen and the production disruptions caused by the Thailand floods. As a result, Toyota has revised down its 2012 full year profit forecast by -¥250 billion to ¥200 billion. Continue reading →

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Honda Overseas and Japan Production Down Again in May

Posted on 28 June 2011 by Ken Zino

Honda Motor Company in Japan today announced that vehicle production declined by more than 50% for the month of May 2011. It was the third straight month that production dropped due to the ongoing negative effects of the Japan earthquake and tsunami in March. Continue reading →

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Honda Motor Predicts $2.4 Billion Profit Drop from Earthquake

Posted on 14 June 2011 by Ken Zino

This represents a 63.5% decline for Japan’s third largest automaker compared to the previous year, the result of production disruptions caused by the Japan earthquake and tsunami, rebuilding costs, as well as a strong Yen at an unprecedented ¥80:$1. Continue reading →

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