Toyota to End Quarterly Earnings Press Conferences

Economy

Tokyo, July 22 (Jiji Press)--Toyota Motor Corp. <7203> plans to end press conferences about quarterly earnings, starting this business year, informed sources said Wednesday.

The Japanese automaker will meet the press only for half-year and full-year results, the sources said.

The move "has nothing to do with the coronavirus pandemic but is part of our business and work-style reform," a Toyota official said.

Toyota's business year ends in March.

The company is slated to announce results for the April-June quarter shortly past 1 p.m. on Aug. 6 (4 a.m. GMT) on the internet and other channels.

[Copyright The Jiji Press, Ltd.]

Jiji Press