Take our user survey and make your voice heard.

Toyota's quarterly profit slides 39% as strong yen bites


The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

©2024 GPlusMedia Inc.

Login to comment

Blaming it on the strong yen (weak dollar)? How long has the dollar been weak? Can't a "global" company like Toyota figure that in to their corporate planning? Just sounds like more whining to me.

0 ( +0 / -0 )

The strengthening yen is going to have a considerable impact on profits - especially in regards to components imported from outside Japan. Corporations plan for contingencies based on historical averages and the yen is departing the average range of its fluctuations. That, combined with the hit they took with all the recalls (which couldn't be forseen) means they're not in a good place right now. But of course things could be completely different in 30 days.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites