Toyota said third-quarter net profit fell 5.6%, while Honda reported a 32% decline
Profit in the third quarter of the company''s fiscal year was down 20% from the same period of 2020 but the car giant remains confident about profitability
Investors may be gaining confidence as the VIX pulls back toward 20, but tomorrow's CPI report could shake that confidence.

Toyota cuts annual production target by half a million units

09:54am, Wednesday, 09'th Feb 2022 Just Auto
Chip shortage and Covid continue to bite at Toyota, but it says operating profit is being maintained. The post Toyota cuts annual production target by half a million units appeared first on Just Auto .

Tokyo stocks close higher on sound earnings 9th Feb, 2022

08:11am, Wednesday, 09'th Feb 2022 UrduPoint
Tokyo stocks closed higher on Wednesday helped by a better-than-expected profit reported by Toyota and other companies, with investors turning their attention to US inflation data due later this week

Toyota Motor ADR Earnings, Revenue Beat in Q3 By Investing.com

08:04am, Wednesday, 09'th Feb 2022 Investing.com
Toyota Motor ADR Earnings, Revenue Beat in Q3
Global automaker Toyota Motor and fast food chain Domino's Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support

Tokyo stocks close higher on sound earnings

07:43am, Wednesday, 09'th Feb 2022 Malay Mail
TOKYO, Feb 9 Tokyo stocks closed higher today helped by a better-than-expected profit reported by Toyota and other companies, with investors turning their attention to US inflation data due later this week. The benchmark Nikkei 225 index ended

Toyota sales slip due to computer chips crunch

07:41am, Wednesday, 09'th Feb 2022 Halesowen News
The Japanese car giants profit for the three months to December totalled 791.7 billion yen (£5.1 billion).
Toyota Motor (NYSE:TM) Corp will produce 500,000 fewer vehicles than previously thought this financial year, predominantly due to chip shortages at factories following the pandemic's effect on global

Toyota sales slip due to computer chips crunch

07:37am, Wednesday, 09'th Feb 2022 Belfast Telegraph
Toyota’s profit slipped nearly 6% last quarter, highlighting the headwinds car manufacturers are facing in a computer chips crunch caused by the coronavirus pandemic.

Japan shares end higher on overnight Wall Street gains, strong earnings

07:15am, Wednesday, 09'th Feb 2022 Business Recorder
TOKYO: Japanese shares ended higher on Wednesday following an overnight tech-led rally on the Wall Street, while investors buying stocks of companies that reported strong results as the earnings season nears its peak further supported sentiment. The Nikkei share average advanced 1.08% to close at 27,579.87, while the broader Topix rose 0.94% to 1,952.22. Wall Street ended sharply higher overnight, lifted by big technology firms such as Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week. "The US market has raised sentiment. And investors hunted for companies that reported strong earnings," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management. "Also, investors seem to have digested the caution about US monetary policy tightening." Heavy machinery maker IHI surged 10.05% and was the top performer on the Nikkei, after the company tripled its annual operating profit forecast. Japanese shares track Wall Street higher on bargain hunting Nissan Motor advanced 5.67%, after the automaker raised its full-year profit outlook as it squeezed out more profit per vehicle.
KFC, Pizza Hut, Hyundai, Toyota and Suzuki have also apologised for posts on social media made by their business partners on Kashmir Solidarity Day.

Toyota overcomes chip shortage to beat net profit forecast

06:33am, Wednesday, 09'th Feb 2022 The Straits Times
February 09, 2022 2:33 PM TOKYO (BLOOMBERG) - Toyota on Wednesday (Feb 9) posted a forecast-beating net profit of US$6.8 billion ($9.14 billion) for the three months to December, even as a global chip crunch and a pandemic-driven parts shortage forced production cuts.

Toyota''s quarterly auto sales sag on computer chips crunch

06:30am, Wednesday, 09'th Feb 2022 ABC News
Toyota says its profit slipped nearly 6% in the last quarter, totaling $6.9 billion
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