Toyota said it now sees sales revenue for its fiscal year 2024 at ¥43 trillion up ¥5 trillion from its prior forecast, with operating income now rising to ¥4.5 trillion . “The forecast has been revised upward from the previous forecast in light of the impact of exchange rate fluctuations as well as efforts to improve profitability,” the company said in a statement.
Toyota did not, however, boost its global vehicle deliveries forecast, which remains at 11.38 million vehicles. While the company sees a decrease in sales due to “uncertainty” in markets such as China, the automaker sees improvements in areas like North America and other regions where a “robust market is expected” as well as in Europe where the company expects a recovery in supply.
The stock market is approaching a 'once-in-a-generation' buying opportunity as profits are about to take off almost everywhere, investment firm saysBank of Nova Scotia stock could be a major bargain in the banking scene right now. The post Canadian Bank Stocks Look Severely Undervalued: Here’s 1 With a 7.6% Yield appeared first on The Motley Fool Canada.Energy stocks are at their 52-week highs, while the market is bearish because of geopolitical tensions.
Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'
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