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Toyota forecasts profit decline Impacted by Earthquake and Strong Yen
June 10, 2011, Tokyo, Japan - Executive Vice President Satoshi Ozawa of Toyota Motor Corp. answers questions from reporters during a news conference at its Tokyo head office on Friday, June 10, 2011.
Toyota forecasts its annual profit to dive 31% due to impact of strong yen and the March 11 earthquake and tsunami. The auto maker expects to post a net profit of \280 billion in the fiscal year ending March 2012, down 31% from \408.1 billion in the last fiscal year. (Photo by Natsuki Sakai/AFLO) [3615] -mis-
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12997309
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10-06-2011
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