Toyota Lifts Full-Year Outlook After Beating Forecast
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Toyota Motor Corp., the world’s largest carmaker, raised its full-year profit forecast as sales in Asia helped the company beat its first-half plan.
Net income may total 350 billion yen ($4.3 billion) for the 12 months ending March 31, compared with an earlier estimate of 340 billion yen, the Toyota City, Japan-based company said in a statement today.