Toyota Motor Corp. said Wednesday its operating profit for the year ended March almost doubled from a year earlier to a record 5.35 trillion yen ($34.5 billion), making it the first Japanese company to top the 5 trillion yen mark thanks to robust post-pandemic demand and a weaker yen.Its net profit for the year ended March 31 doubled to an all-time high of 4.94 trillion yen on its highest-ever sales of 45.10 trillion yen, up 21.4 percent, the automaker said.But Toyota projects its net profit will fall 27.8 percent to 3.57 trillion yen for the current business year, as it will boost investme…READ FULL ARTICLE
