Toyota net profit down 9.7% in April-June

TOKYO, Japan - Toyota Motor Corp. Executive Vice President Ryuji Araki announced earnings results for the April-June quarter at a press conference in Tokyo on Aug. 5. Toyota said its group net profit for the period fell 9.7% from a year earlier to 222.59 billion yen due to exchange rate fluctuations and the temporary effect of model shifts at its North American plants.

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