spot_img
spot_imgspot_img
October 2, 2025 - 10:12 PM

Toyota reports profit growth on healthy global sales

Japan’s top automaker Toyota has seen a 1% rise in July-September profit as vehicle sales grew around the world.

Toyota Motor Corp. reported Thursday a profit of 592 billion yen ($5.4 billion) for the second fiscal quarter, up from 585 billion yen last year.

Toyota, which makes the Prius hybrid, Corolla subcompact and Lexus luxury models, stuck to its net profit forecast for the fiscal year through March 2020, at 2.15 trillion yen ($20 billion).

That would be an improvement over the 1.88 trillion yen earned in the year ended in March.

Vehicle sales for the latest quarter grew not only in Japan but also overseas, including the U.S., the rest of Asia and Europe.

Quarterly sales rose 4% to 7.6 trillion yen ($70 billion), compared to the previous year.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share post:

Subscribe

Latest News

More like this
Related

BREAKING: Bandits Abduct Farmers in Sokoto Hours Before Governor’s Visit

Armed bandits on Thursday kidnapped several farmers in Isa...

2027: I Won’t Step Down- Atiku Denies Claim He’ll Yield to Younger Candidate, Clarifies BBC Hausa Interview

Former Vice President Atiku Abubakar has debunked claims that...

Lassa Fever: 166 Deaths Recorded Between Jan-Sep 2025 –NCDC

The Nigeria Centre for Disease Control and Prevention (NCDC)...

Temi Otedola Walks L’Oréal Paris Runway, Speaks on Owning Narrative

Renowned actress and fashion model Temi Otedola, now Temi...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x