Toyota expecting 1st red ink in FY 2008

Toyota expecting 1st red ink in FY 2008

TOKYO, Japan - Mitsuo Kinoshita, vice president of Toyota Motor Corp., announced in Tokyo on Feb. 6 that Japan's top automaker will report a group net loss of 350 billion yen for the 2008 business year to March, the first red ink since it began releasing net data in 1963. Toyota revised its earnings forecast for the third time due to plummeting sales amid the deepening global economic crisis.

  • Product Code
  • ILEA001131770
  • Registered date
  • 2009/2/06 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
  • Media size
  • 2690 × 1889 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 800.86(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Sony posts 1st net profit in 5 yrs

    Sony posts 1st net profit in 5 yrs

    TOKYO, Japan - Sony Corp. Chief Financial Officer Masaru Kato (2nd from front in left row) speaks during a press conference at the Tokyo Stock Exchange in Tokyo on May 9, 2013. Sony posted a group net profit of 43.03 billion yen for fiscal 2012 ended in March 2013, returning to the black for the first time in five years, citing sales of assets and the benefit of a weaker yen.
      Sony posts 1st net profit in 5 yrs

      Sony posts 1st net profit in 5 yrs

      TOKYO, Japan - Sony Corp. Chief Financial Officer Masaru Kato speaks during a press conference at the Tokyo Stock Exchange in Tokyo on May 9, 2013. Sony posted a group net profit of 43.03 billion yen for fiscal 2012 ended in March 2013, returning to the black for the first time in five years, citing sales of assets and the benefit of a weaker yen.
        Sony to fall into red for 3rd year

        Sony to fall into red for 3rd year

        TOKYO, Japan - Sony Corp. Chief Financial Officer Masaru Kato attends a news conference in Tokyo on May 23, 2011, to announce that the company expects to fall into the red in fiscal 2010 for the third straight year with a group net loss of 260 billion yen due mainly to the effects of the March 11 earthquake and tsunami.
          Prius sets sales record

          Prius sets sales record

          TOKYO, Japan - Photo shows Toyota Motor Corp.'s Prius gas-electric hybrid car. Industry data showed Jan. 11, 2011 that the vehicle sold 315,669 units in Japan in 2010, breaking the nation's annual sales record for a single model for the first time in 20 years. The previous record was 300,008 unit sales posted by Toyota's Corolla in 1990.
            Toyota revises up forecast

            Toyota revises up forecast

            TOKYO, Japan - Takahiko Ijichi, Toyota Motor Corp.'s senior managing director, speaks during a news conference in Tokyo on August 4, 2010. Toyota revised upward its earnings forecasts for the current business year on an anticipated increase in global auto sales.
              Toyota revises up forecast

              Toyota revises up forecast

              TOKYO, Japan - Takahiko Ijichi, Toyota Motor Corp.'s senior managing director, speaks during a news conference in Tokyo on August 4, 2010. Toyota revised upward its earnings forecasts for the current business year on an anticipated increase in global auto sales.
                Toyota announces FY 2009 earnings report

                Toyota announces FY 2009 earnings report

                TOKYO, Japan - Toyota Motor Corp. President Akio Toyoda briefs reporters on the company's earnings report for the fiscal year ending March at the automaker's Tokyo office on May 11, 2010. The company returned to the black at the operating level, even as it continues to deal with the fallout from its massive global recalls.
                  Toyota announces FY 2009 earnings report

                  Toyota announces FY 2009 earnings report

                  TOKYO, Japan - Toyota Motor Corp. President Akio Toyoda briefs reporters on the company's earnings report for the fiscal year ending March at the automaker's Tokyo office on May 11, 2010. The company returned to the black at the operating level, even as it continues to deal with the fallout from its massive global recalls.
                    Toyota chief briefs Hatoyama, vows to improve quality control

                    Toyota chief briefs Hatoyama, vows to improve quality control

                    TOKYO, Japan - Toyota Motor Corp. President Akio Toyoda (C), accompanied by Vice President Shinichi Sasaki (L), meets with Prime Minister Yukio Hatoyama at the prime minister's office in Tokyo on March 8, 2010. Toyoda promised to improve quality control to regain consumer confidence in the automaker.
                      JAL April-Dec. net loss expands

                      JAL April-Dec. net loss expands

                      TOKYO, Japan - Norikazu Saito (L), executive officer of bankrupt Japan Airlines Corp., speaks at a press conference at the transport ministry on Feb. 26, 2010. The failed company's group net loss in the April-December period expanded to 177.98 billion yen from a year-earlier loss of 1.92 billion yen.