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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.

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Toyota forecasts 73.6% dive in operating profit for FY 2008

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., speaks about the company's earnings forecasts for fiscal 2008 during a press conference at a hotel in Tokyo on Nov. 6.

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Toyota forecasts 73.6% dive in operating profit for FY 2008

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., speaks about the company's earnings forecasts for fiscal 2008 during a press conference at a hotel in Tokyo on Nov. 6.

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Toyota sees April-June net profit fall 28.1%

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., is surrounded by reporters at a hotel in Tokyo on Aug. 7 after a press conference to announce Toyota group's earnings report for the April-June quarter.

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Toyota sees April-June net profit fall 28.1%

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on Toyota group's earnings report for the April-June quarter at a hotel in Tokyo on Aug. 7.

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Toyota sees April-June net profit fall 28.1%

TOKYO, Japan - Mitsuo Kinoshita (R), executive vice president of Toyota Motor Corp., briefs reporters on Toyota group's earnings report for the April-June quarter at a hotel in Tokyo on Aug. 7.

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Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7.

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Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7.

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Toyota to strengthen pleasure boat business

NAGOYA, Japan - Toyota Motor Corp. on Oct. 14 revealed its new pleasure boat, the PONAM-45 (in handout photo), an 18-ton cruiser able to carry 15 passengers, priced at 94.29 million yen. At a news conference, Mitsuo Kinoshita, Toyota vice president, said the company will boost annual domestic sales of large and midsize boats to 100 units in the near future and aim at becoming the top-selling company.

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Toyota to become Fuji Heavy's biggest shareholder

TOKYO, Japan - Toyota Motor Corp. Executive Vice President Mitsuo Kinoshita (L) shakes hands with Fuji Heavy Industries Ltd. President Kyoji Takenaka after a press conference Oct. 5. The two automakers said Toyota will become the biggest shareholder in Fuji Heavy by acquiring an 8.7 percent stake from General Motors Corp. in the United States.

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Toyota-led group to invest 25.8 bil. yen in Misawa Homes

TOKYO, Japan - Kazuo Mizutani (L), president of Misawa Homes Holdings Inc., and Mitsuo Kinoshita, senior managing director of Toyota Motor Corp., shake hands during a press conference in Tokyo on March 31. They announced that an alliance of Toyota, Nomura Principal Finance Co. and Aioi Insurance Co. will invest 25.8 billion yen in Misawa Homes Holdings Inc.

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(1)Toyota Motor, union agree on no pay-scale hikes

TOYOTA, Japan - Mitsuo Kinoshita, managing director of Toyota Motor Corp., talks with the media March 13 after Japan's biggest automaker and its union ended annual spring wage talks with an agreement on no pay-scale hikes apart from a regularly scheduled seniority-based monthly hike of 6,500 yen.

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Toyota-led group to invest 25.8 bil. yen in Misawa Homes

TOKYO, Japan - Kazuo Mizutani (L), president of Misawa Homes Holdings Inc., and Mitsuo Kinoshita, senior managing director of Toyota Motor Corp., shake hands during a press conference in Tokyo on March 31. They announced that an alliance of Toyota, Nomura Principal Finance Co. and Aioi Insurance Co. will invest 25.8 billion yen in Misawa Homes Holdings Inc. (Kyodo)

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Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7. (Kyodo)

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Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7. (Kyodo)

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Toyota sees April-June net profit fall 28.1%

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on Toyota group's earnings report for the April-June quarter at a hotel in Tokyo on Aug. 7. (Kyodo)

E

Toyota sees April-June net profit fall 28.1%

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., is surrounded by reporters at a hotel in Tokyo on Aug. 7 after a press conference to announce Toyota group's earnings report for the April-June quarter. (Kyodo)

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Toyota sees April-June net profit fall 28.1%

TOKYO, Japan - Mitsuo Kinoshita (R), executive vice president of Toyota Motor Corp., briefs reporters on Toyota group's earnings report for the April-June quarter at a hotel in Tokyo on Aug. 7. (Kyodo)

E

Toyota forecasts 73.6% dive in operating profit for FY 2008

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., speaks about the company's earnings forecasts for fiscal 2008 during a press conference at a hotel in Tokyo on Nov. 6. (Kyodo)

E

Toyota forecasts 73.6% dive in operating profit for FY 2008

TOKYO, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., speaks about the company's earnings forecasts for fiscal 2008 during a press conference at a hotel in Tokyo on Nov. 6. (Kyodo)

E

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. (Kyodo)

E

Toyota to become Fuji Heavy's biggest shareholder

TOKYO, Japan - Toyota Motor Corp. Executive Vice President Mitsuo Kinoshita (L) shakes hands with Fuji Heavy Industries Ltd. President Kyoji Takenaka after a press conference Oct. 5. The two automakers said Toyota will become the biggest shareholder in Fuji Heavy by acquiring an 8.7 percent stake from General Motors Corp. in the United States. (Kyodo)

E

Toyota to strengthen pleasure boat business

NAGOYA, Japan - Toyota Motor Corp. on Oct. 14 revealed its new pleasure boat, the PONAM-45 (in handout photo), an 18-ton cruiser able to carry 15 passengers, priced at 94.29 million yen. At a news conference, Mitsuo Kinoshita, Toyota vice president, said the company will boost annual domestic sales of large and midsize boats to 100 units in the near future and aim at becoming the top-selling company. (Kyodo)

E

(1)Toyota Motor, union agree on no pay-scale hikes

TOYOTA, Japan - Mitsuo Kinoshita, managing director of Toyota Motor Corp., talks with the media March 13 after Japan's biggest automaker and its union ended annual spring wage talks with an agreement on no pay-scale hikes apart from a regularly scheduled seniority-based monthly hike of 6,500 yen.