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Toyota logs April-Sept. net loss of 55.9 bil. yen, trims loss outlook
Thursday, November 05, 2009 1:11 AM


TOKYO, Nov. 5, 2009 (Kyodo News International) --
(Editors: TO BE LED)

Toyota Motor Corp. said Thursday it logged a group net loss of 55.99 billion yen for the April to September period, against a year-earlier profit of 493.47 billion yen, but trimmed its full-year loss forecasts thanks to a boost in demand from government stimulus measures worldwide.

For the whole of fiscal 2009 through next March, Toyota now anticipates a group net loss of 200 billion yen, against an earlier projected 450 billion yen.

In the first six months of the current business year, the world's largest automaker also booked a group operating loss of 136.86 billion yen, against a year-earlier profit of 582.07 billion yen, on sales of 8.38 trillion yen, down 31.3 percent.

(Source: iStockAnalyst )


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