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Toyota Zooms to Record Profit for Year on Sales Growth, Yen

2015-05-08 09:18:53| Automakers - Topix.net

Toyota zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19 percent from the previous year, buoyed by sales growth in the U.S. and a perk from the cheap yen. Toyota Motor Corp. President Akio Toyoda told reporters Friday the Japanese automaker appeared to be back on track for "sustainable growth," although the coming year would be a critical test.

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Honda's profit drops on air bag recall woes despite weak yen

2015-04-28 10:17:06| Automakers - Topix.net

Honda's profit for the fiscal fourth quarter dropped 43 percent as the costs of air bag recalls offset the positives of a weak yen and strong vehicle sales in Asia. Honda Motor Co.

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Toyota lifts profit outlook as weak yen offsets Japan slump

2015-02-04 09:07:56| Automakers - Topix.net

Toyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home. The yen's decline has been a boon for Toyota, which exports roughly half of its vehicles produced in Japan.

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Honda lowers forecasts, sees dip in quarterly profit after recall expenses counter cheap yen

2015-01-30 09:34:44| Automakers - Topix.net

In this July 29, 2014 file photo, a man rides a bicycle near cars displayed at a Honda showroom in Tokyo. Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, lowered its annual earnings forecast after quarterly profit slipped 15 percent.

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Nintendo's nine-month profit jumps on cheap yen

2015-01-28 10:02:31| Electronics - Topix.net

Nintendo reported a five-fold increase in profit for the first three quarters of the fiscal year and raised its earnings forecast, boosted by a cheap yen. Nintendo Co., the Japanese manufacturer of Pokemon and Super Mario video games, said Wednesday profit for the nine months ended December 2014, totaled 59.52 billion yen , up from 10.19 billion yen a year earlier.

Tags: cheap profit yen jumps

 

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