Rus News Journal

Toyota profit falls, but the company confidently looks ahead

Quarter profit of Toyota Motor, endured not the best year, was again reduced, having made following the results of October - December 2011. 80,9 mlrd yens (1,05 mlrd dollars) at a gain 4,86 trln yens (63,4 mlrd dollars). However the operational profit has jumped up in 1,5 times - to 150 mlrd yens (nearby 2 mlrd dollars), and the company with optimism looks ahead - the forecast on profit current fiscal year (will come to the end on March, 31st 2012.) has been raised by it on 11 %.
Earlier the largest autoconcern of Japan planned to earn 180 mlrd yens (2,3 mlrd dollars) current financial year, now the forecast is raised to 200 mlrd yens (2,6 mlrd dollars) .
In 2011. At first earthquake and a tsunami in Japan, and then and autumn flooding in Thailand have paralysed some manufactures of concern, having broken chains of deliveries of autocomponents. In addition the course of yen against aggravation of crisis of sovereign debts in Europe and problems in the USA has considerably become stronger, having put a considerable damage to all Japanese exporters.
following the results of last year Toyota also has conceded a rank of the largest autoconcern of the world, having fallen at once on the third line on sales volumes. Now the world autoleader again became American GM, and on the second place German Volkswagen has squeezed. Nevertheless, the Japanese motor-car manufacturer is not going to surrender, intending to increase considerably sales in 2012.
Toyotas should help With it renewal of the program of recycling of cars from the Japanese government, and also expansion of tax privileges for owners of ecologically effective cars.