According to Novinky, in the previous fiscal year, the Japanese car manufacturer Toyota Motor saw its net profit soar to a staggering 4.94 trillion yen (nearly 742 billion CZK), doubling from previous figures.
This remarkable performance was fueled by robust demand post the COVID-19 pandemic and a devalued yen. Furthermore, revenues for the fiscal year ending in March surged by 21.4 percent, reaching a record high of 45.1 trillion yen. The company, renowned as the world’s largest car seller, disclosed these figures in a press release on Wednesday.
Toyota had earlier declared its achievement of record-breaking global sales and production in the preceding fiscal year, crossing the milestone of ten million car sales for the first time.
