Revenue of 27.6 trillion yen was also slightly lower. Vehicle sales in the past fiscal year ticked up to 10.25 million units from 10.09 million a year earlier. Unit sales in the key North American market remained flat, while Toyota registered a pick-up in Europe, Japan and the rest of Asia. Outlook cloudedOn Wednesday, Toyota warned it expected more currency pain this business year, with net profit projected to fall another 15 percent to 1.5 trillion yen in the period to March 2018 – way off market expectations of around 1.9 trillion yen. Revenue is also forecast to come in lower, at 27.5 trillion yen with annual vehicle sales expected to remain flat at 10.25 million units.

Source: Daily News Egypt May 10, 2017 11:37 UTC