Things are good again at Toyota, which reported a $1.5 billion profit for the quarter, wrapping up a fiscal year in which it made just $3.5 billion, according to Business Week.
While Toyota saw sales growth in Europe, Africa, and its home market, North America was a weak point. Sales revenue for the fiscal year totaled $232 billion, down two percent, according to the report.

Though the company still beat its forecast of $2.5 billion, the real excitement surrounds its projections for the next 12 months. As predicted by analysts, Toyota says it expects to make $9.5 billion in the year that extends through March of next year, showing that the automaker has fully recovered from the effects of last year's tsunami, according to the report.


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    • 1 Second Ago
  • 7 Comments
      Dryloch
      • 2 Years Ago
      Good luck doubling profits when the new Fusion and Accord come out.
      Walt
      • 2 Years Ago
      That's it sheep! Keep making people in other countries rich!
      • 2 Years Ago
      [blocked]