Toyota Motor, returning from a record year that brought the Japanese company back to the top of the world sales charts, raised by over 10% the estimates on net profit for the 2012-2013 financial year, bringing them up to 860 billion yen (6,9 billion euro), due to the better than expected performance on the US market and the decline in the yen.
The Japanese company closed the last quarter of 2012 with a net profit of 99,9 billion, a figure lower than analysts' estimates, but clearly higher, by 23,5%, compared to that recorded in the same period of 2011, in a moment in which Toyota had to face the production and sales difficulties linked to the effects of the tsunami.
