Toyota Profits Quadruple to $1.2 Bil.
By wchung | 20 Jun, 2026

Toyota’s second quarter profit more than quadrupled on a sales recovery despite lingering worries about the quality of its cars after massive recalls.

Toyota Motor Corp. reported July-September profit of 98.7 billion yen ($1.2 billion) on Friday, up dramatically from 21.8 billion yen profit a year earlier.

Quarterly sales edged up 5.8 percent to 4.807 trillion yen ($59.5 billion).

Like other Japanese exporters, Toyota is fighting damage from a strong yen that erodes the value of overseas earnings.

TOKYO (AP)