Toyota Motor Corporation releases its financial outlook for fiscal 2024, with net profit expected to decrease by 8.6%

Toyota Motor Corporation of Japan expects its net profit to be about 4.52 trillion yen in fiscal 2024, a decrease of 8.6% from the previous fiscal year. At the same time, its turnover will increase by 4.2% to 47 trillion yen, and its operating profit will decrease by 12.2% to 4.7 trillion yen in this fiscal year.