Toyota vice president Nobuyori Kodaira announces the second quarter financial results in Tokyo on Nov 6, 2013. Toyota's half-year net profit soared 82.5% while it raised its annual earnings forecast as a weak yen and improving sales in North America boosted its bottom line - AFP Photo.
TOKYO: Toyota Motor Corp raised its annual profit forecast on Wednesday, closing in on records set before the Lehman crisis, as the weaker yen and growing sales in a healthy U.S. market sharply boost earnings.
The world's best-selling carmaker now expects 1.67 trillion yen (US$16.95bil) in net profit for the year ending in March 2014, compared with a previous forecast of 1.48 trillion yen.
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