Toyota looks to log record group operating profit

Jan 30, 2014

Toyota looks to log record group operating profit

Toyota Motor Corp. is expected to log a record operating profit for the current business year through March aided by the yen’s fall, which boosts export competitiveness, sources said. The auto giant’s full-year operating profit is likely to reach ¥2.40 trillion or ¥2.50 trillion, ...

Jan 14, 2014

Current-account gap widens to record on weak yen

As imports climbed, the nation’s current-account deficit widened to a record in November, underscoring challenges for Prime Minister Shinzo Abe as he tries to drive a sustained economic rebound. The ¥592.8 billion shortfall in the widest measure of trade, reported by the Finance Ministry ...

Jun 5, 2013

Cheap yen exacts toll on fishing

The cheap yen caused by the Abe administration’s economic policy, which is centered on the Bank of Japan’s massive monetary easing, has led to price rises on imported items. Fishermen especially are suffering from rises in fuel oil prices. Because wholesalers and volume sellers ...