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Toyota profits forecast goes up with recovery

Storey Link: Toyota profits forecast goes up with recovery

Carmaker Toyota has raised its annual profits forecast, stating its recovery is on target following the blow of the Japanese tsunami, the strong yen and Thai floods. The company made a 80.9 billion yen profit ($1.05 billion; £660 million) between October - December, a drop of 13.5%. However, it raised its yearly profit forecast to 200...