Toyota Motor Corp. President Akio Toyoda, whose company has accumulated a cash pile of almost $40 billion, is facing calls to put that money to better use.
The world’s largest carmaker is seeing profits surge as the yen weakens and demand rises in the U.S. and China. The company will probably report today net income quadrupled to 434.3 billion yen ($4.3 billion) last quarter, according to the average analyst estimate compiled by Bloomberg, adding to the 3.88 trillion yen in cash and short-term investments it had at the end of September.
