Toyota posts record net profit in Q2 thanks to robust sales, yen’s depreciation

Japan’s biggest automaker Toyota said Tuesday that its group net profit in the second quarter of this year rose 10.0 percent on yearly basis to a record 646.39 billion yen ( 5.2 billion U.S. dollars), bolstered by robust sales in North America and the yen’s depreciation.

In the three-month period ended in June 30, Toyota’s consolidated operating profit climbed 9.1 percent and sales rose 9.3 percent .

It also revised upward its group sales outlook slightly for the current business year through next March to 27.8 trillion yen from 27.5 trillion yen estimated previously.

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