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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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