Toyota Motor Corp. on Monday reported record first-half profits and sales due to cost-cutting and higher performance in all regions that more than offset the impact of a stronger yen.
Group net profit during the April-September period rose 11.4 percent from the previous year to 584 billion yen, while group sales hit 9 trillion yen, up 9.7 percent. Group operating profit surged 12.8 percent to 866.2 billion yen.
This is the fifth consecutive half-year period that group sales and group operating profit have risen.