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Toyota's consolidated sales and net profit for 6 months to Sept. rise to all-time highs

11, 14. 2007

Toyota Motor Corp. reported that its consolidated sales for six months ending in September went up 13.4% on year to 13,012,200 million yen (by American accounting standard). Net profit also rose 21.3% to 942,400 million yen. Both the sales and net profit were all-time highs for a half-year term. The increases were attributed to brisk sales in such countries as China and Russia, and rising popularity over the world for its high-mileage small cars. Domestic sales were sluggish, however, as a result of less use of cars by younger people and buying of new cars by consumers at longer intervals.

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