qr-play-store play store

Toyota's profit increased 43%

09 May 2018
9 comments
1073 views
Toyota's profit increased 43%

The profit of the Japanese automaker- Toyota has increased 43% in the latest quarter as cost-cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped the automaker to have a record full-year net income.

Operating profit rose to 629.6 billion yen ($5.93 billion) in the carmaker’s fiscal fourth quarter ended March 31, while net income advanced 21 percent to 480.8 billion yen ($4.53 billion). Revenue rose 1.9 percent to 7.58 trillion yen ($71.36 billion). Global retail sales increased 2.2 percent to 2.6 million vehicles in the January-March period, including results from its Daihatsu small-car subsidiary and truck-making affiliate Hino. Worldwide wholesale volume declined 1.8 percent to 2.3 million.

 

In announcing the earnings results May 9, Executive Vice President and CFO Koji Kobayashi credited companywide cost control and restraints on spiffs and marketing expenses for the uptick in quarterly profit. Results were also lifted by a 145 billion yen ($1.37 billion) thanks to lower outlays on quality-related issues such as the recall of faulty Takata airbags. Foreign exchange rates dragged on Toyota’s fourth-quarter earnings. The Japanese yen’s appreciation against the U.S. dollar and other currencies lopped 30 billion yen ($282.4 million) off quarterly earnings. But that was offset by cost-cutting of 30 billion yen ($282.4 million).

0 0
Comments:
2020-02-20 04:50:31
customized term papers http://termpapernfu.com/ - term paper services cheap custom term papers term paper service buy term paper online
2020-02-16 10:53:24
thesis coaching http://thesissgj.com/ - doctoral thesis writing thesis phd thesis paper doctoral thesis database
2020-02-13 10:18:58
Tadapox http://meloxicammobicxn.com/ - Fincar Trileptal Flomax Cardura
2020-02-11 21:13:34
coursework planner http://courseworkhelpxeg.com/ - coursework writing help coursework service courseworks help coursework planner
2020-02-11 03:58:06
Strattera http://gabapentinneurontinax.com/ - Aldactone Naltrexone Trental Depakote
Leave a comment
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    4 4
    1003
    1314011 views
  • Buy a car at RepoKar this Winter
    25 Nov 2017

    With winter on its way, the roads can be dangerous because it dries slower and road visibility as well as battery failure can also be hazardous. It’s time to start thinking about how you can make your daily drive safer and stress-free. That doesn’t necessarily mean you should buy an SUV or crossover to survive the season. Plenty of sedans and wagons provide qualities that can keep you safe in sleet and snow. These medium-sized vehicles also help you save at the pump! But what actually matters here is choosing the right place to buy a car from. There are several options on the marke...

    0 0
    906
    224435 views
  • Diesel Cars VS Electric Cars
    17 May 2019

    Between loyal customers and car dealers lie an important dilemma that begs for an answer - What is the future of diesel cars and electric vehicles? Today at RepoKar, we are ready to tackle this predicament.Auto manufacturers and the combustible industries have often mentioned the idea that electric cars are worse for the environment than diesel and gasoline-powered vehicles because they are powered by dirty electricity.If we want to talk about fuel efficiency, noise pollution, and air quality, then EVs are clearly the outright winner. But if we're talking about torque or initial price, the...

    0 0
    1250
    40532 views
  • Fire Risk: BMW Recalls 185,000 Cars TODAY
    19 Apr 2019

    The recall expansion covers 3 Series, 5 Series and Z4 models from the 2006 model year. The problem has been traced to irregularities in the manufacturing process that could allow moisture to occur near the PCV valve heater and lead to a short circuit. The PCV valve is an emissions device that keeps pollutants created by an engine from being released into the atmosphere. It also helps keep the engine oil clean and prevents crankcase pressure from building up. BMW warns its customers to stop driving the vehicle if there is smoke coming from the engine, or if the driver smells smoke or plast...

    2 2
    72
    7749 views
Search on the blog
Find us on

Last added auctions

2012 Ford ESCAPE
15455 views
19 photos
3,400.00
No bids
2012 Nissan MURANO
15800 views
13 photos
3,500.00
No bids
2000 Honda CR-V
15285 views
12 photos
1,200.00
No bids
2012 Mazda MAZDA3
13373 views
16 photos
2,500.00
No bids