URGENT: Toyota's FY 2021 operating profit soars 36% to 3 tril. yen

Economy

Toyota Motor Corp. said Wednesday its operating profit rose 36.3 percent to 3 trillion yen ($23 billion) in the last fiscal year as solid demand in Japan, North America and China offset the impact of production disruptions caused by a global chip crunch and supply chain constraints. The world's biggest automaker by volume posted a net profit of 2.85 trillion yen in the year ended March 31, up 26.9 percent from the previous year, as sales climbed 15.3 percent to 31.38 trillion yen.

Kyodo News

Kyodo News