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Toyota fourth-quarter falls as strong yen, weak U.S. weigh

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Japan's average gasoline price hits record 159.60 yen per liter

kyodo.co.jp
May 9, 2008
        

To access full stories on Kyodo News English website, it is necessary to subscribe. Please contact Kyodo's International Department in Tokyo via e-mail at kokusai@kyodones.jp or call 03-6252-8301. If you are outside Japan, please contact Kyodo News International in New York at kni@kyodonews.com...

Industry ministry eyeing territorial tax system for Japan business

kyodo.co.jp
May 9, 2008
        

To access full stories on Kyodo News English website, it is necessary to subscribe. Please contact Kyodo's International Department in Tokyo via e-mail at kokusai@kyodones.jp or call 03-6252-8301. If you are outside Japan, please contact Kyodo News International in New York at kni@kyodonews.com...

                   

Toyota projects profit drop

courier-journal.com
May 9, 2008
        

Toyota said a strong yen and weaker U.S. sales took a bite out of January-March earnings and projected worse to come -- a 27 percent profit plunge for the year ending in March 2009. ... Honda, Japan's No. 2 automaker behind Toyota, said last month that its January-March...

                   

Toyota expects first sales slide in 9 years

eastvalleytribune.com
May 9, 2008
        

TOKYO - Battered by a slumping North American auto market and unfavorable currency swings, Toyota is forecasting a double barrel of bad news this fiscal year: its first year-on-year sales slide in nine years and first profit slip in seven years. ... The list of problems...

                   

Downturn hits Toyota profit, too

detnews.com
May 9, 2008
        

A steep drop this year in U.S. auto sales hurt Toyota's January-March quarterly results and prompted a gloomy forecast from the Japanese juggernaut that had seemed impervious to downturns. ... For the year ended March 31, Toyota reported strong results: a record $15...

                   

Toyota to delay opening of Miss. plant

clarionledger.com
May 9, 2008
        

Amid financial reports released Thursday about Toyota's grim outlook for the next fiscal year, company executives revealed plans to delay opening the Mississippi plant under construction in Blue Springs. ... Citing plans to update the Toyota Highlander model the plant...

Sales slump in U.S. a factor in poor Toyota earnings

newsobserver.com
May 9, 2008
        

Times are tough in the U.S. auto market. Just ask Toyota. ... Just ask Toyota. The Japanese automaker, in a race with General Motors to be the world's largest car company, reported lower-than-expected earnings for its fiscal fourth quarter as a strong yen and weak U.S....

Japan's March key economic gauge below boom-or-bust line

kyodo.co.jp
May 9, 2008
        

To access full stories on Kyodo News English website, it is necessary to subscribe. Please contact Kyodo's International Department in Tokyo via e-mail at kokusai@kyodones.jp or call 03-6252-8301. If you are outside Japan, please contact Kyodo News International in New York at kni@kyodonews.com...

                   

Nikkei down 1.3 percent, Toyota down on outlook

reuters.com
May 9, 2008
        

TOKYO (Reuters) - Japan's Nikkei stock average fell 1.3 percent on Friday, heading for its first weekly decline in eight weeks, dragged down by Toyota Motor after the world's biggest automaker forecast a larger-than-expected profit decline. ... The market extended its...

                   

Toyota's 28% decline still enviable

freep.com
May 9, 2008
        

Thursday was a rare bad day for Toyota Motor Corp., the world's second-largest and most profitable automaker. Toyota reported a 28% decline in fiscal fourth-quarter earnings and saw its stock slide 4% on the day. Toyota's stock closed at $100.56 Thursday, down $4.20 per share.