Japan Inc. Profit Doubles to Give Economic Recovery Momentum

Japan Inc. Profit Doubles to Give Economic Recovery Momentum

Norko Hayashi/Bloomberg

Customers examine a Toyota Motor Corp. Vanguard sports utility vehicle as it stands on display at the company's Mega Web showroom in Tokyo. Toyota raised its forecast for annual profit to 1.48 trillion yen on Aug. 2 from a May forecast of 1.37 trillion yen, citing better than expected margins on vehicles made in Japan and sold abroad.