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Toyota Motor Corp. posted record sales and net profit for fiscal 2014 on Friday, thanks to the weakened yen and cost-cutting efforts at the world’s largest automaker.

Sales for the business year that ended in March amounted to ¥27.2 trillion, up 6 percent from the ¥25.6 trillion for the previous year. Net profit exceed ¥2 trillion for the first time, logging ¥2.17 trillion, up 19.2 percent from ¥1.82 trillion. Operating profit was also the highest ever, at ¥2.89 trillion.

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