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Toyota Q3 profits down, but full-year outlook raised

Q3 saw Toyota's operating profit decline by 20%, but the automaker still raised its full-year forecast. By Jonathan Storey

Having reported a 20% drop in operating profit for its fiscal second-quarter, Toyota's performance worsened in Q3 with a 28% decline, but the company raised its full-year forecast, based on its own efforts as well as favourable forex.

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