Toyota Posts Record Profit, Fueled by Weak Yen – Wall Street Journal

Posted: Tuesday, August 04, 2015

TOKYO—Toyota Motor Corp. can thank a weak yen for its record quarterly earnings.

The car maker Tuesday reported a net profit of ¥646.4 billion ($5.2 billion) for its first quarter, even as slowing demand in Japan and Southeast Asia slightly reduced its global vehicle sales. Remove the impact of foreign exchange, and Toyota would have posted an…

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