TOYOTA MOTOR CORP. EXPECTS A DROP IN NET PROFIT THIS FISCAL YEAR

Highlights –

• Toyota Motor Corp. expects a drop in net profit this fiscal year.
• By the end of the quarter in June, net profit dropped 74.3 percent.
• Operating profit dropped by 98.1 percent.
• Toyota suffered a 31.8 percent fall in global vehicle sales.

On Thursday Toyota Motor Corp. reported that it expects a 64.1 percent drop in net profit in the current....