In fiscal 2012/13 Toyota, Japan's largest automaker, reported operating profits of 1.320 billion yen (more than 10 billion euros), quadrupled from 355,6 billion in the previous year and well above the official estimate of 860 billion yen released in February. Consolidated revenue rose 18,7 percent to 22 trillion yen, while net profit jumped from 283,5 to 962,1 billion yen.
The Japanese group has also released its estimates for the next fiscal year which will end in March 2014. According to forecasts, consolidated revenues will amount to 23.500 billion (+6,5% on an annual basis) and net profits will increase by 42% 1.370 billion yen.
