Strong yen crunches Toyota profits; mini sales help Daihatsu

Treece, James B.
November 1999
Automotive News;11/22/1999, Vol. 74 Issue 5849, p4
Trade Publication
Reports on the profits of Toyota Motor Corp. and the sales of minivehicles from Toyota unit Daihatsu Motor Corp. for the first half of 1999. Effect of the strong performance of the yen on the profits of Toyota Motor Corp.; Increase in the profits of Daihatsu Motor Co. due to the increase in the sales of minivehicles; Accounting rules in Japan that had an impact on the net income of Toyota.


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