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June 10, 2011, 2:25 a.m. EDT

Toyota expects smaller FY profit, sales

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By Lisa Twaronite

TOKYO (MarketWatch) -- Toyota Motor Co. /zigman2/quotes/203803129/delayed JP:7203 +1.45% /zigman2/quotes/200537742/composite TM +2.01% said Friday that it expects its net profit in the business year that began in April to fall to 280 billion yen ($3.5 billion) from ¥408.1 billion last fiscal year, due to the effects of the March 11 disasters. Toyota said it expects global vehicle sales of 7.24 million units this fiscal year, down from last year's 7.3 million units. The company released its full-year results last month but delayed its outlook until now, as it assessed the impact of the supply and sales disruptions caused by the earthquake, tsunami and resulting power shortfalls.

/zigman2/quotes/203803129/delayed
JP : Japan: Tokyo
¥ 7,349.00
+105.00 +1.45%
Volume: 1.25M
Aug. 13, 2020 9:20a
P/E Ratio
13.45
Dividend Yield
1.09%
Market Cap
¥19991.13 billion
Rev. per Employee
¥81.43M
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/zigman2/quotes/200537742/composite
US : U.S.: NYSE
$ 136.44
+2.69 +2.01%
Volume: 251,642
Aug. 12, 2020 4:00p
P/E Ratio
13.50
Dividend Yield
2.64%
Market Cap
$187.77 billion
Rev. per Employee
$737,463
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