The following is the latest list of selected news summaries by Kyodo News.----------Toyota logs 1st net profit fall in 4 yrs on higher material costsTOKYO - Toyota Motor Corp. said Wednesday its net profit fell 14.0 percent in fiscal 2022 from the previous year to 2.45 trillion yen ($18 billion), the first decline in four years due to rising material costs.Operating profit for the year ended March slid 9.0 percent to 2.73 trillion yen, although the Japanese carmaker posted record sales of 37.15 trillion yen on robust vehicle sales and a weaker yen that bloats its overseas sales when repatri…READ FULL ARTICLE
