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Toyota raises forecast on profit jump, weak yen

2014-11-05 08:08:03| Automakers - Topix.net

Toyota raised its annual earnings forecast after posting a 23 percent jump in July-September profit as a favorable exchange rate added to the momentum of the Japanese automaker's sales growth. Toyota Motor Corp. reported Wednesday a better-than-expected fiscal second quarter profit of 539 billion yen , up from 438 billion yen the same period the previous year.

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