Toyota Motor's second quarter net profit was higher than expected and it will spend 100 billion yen to repurchase up to 0.44% of its shares. Toyota Motor's operating profit in the second quarter was 1.44 trillion yen, up from 562.79 billion yen in the same period last year, with an estimated 1.11 trillion yen; Net profit of 1.28 trillion yen, 434.26 billion yen in the same period last year, with an estimated 904.25 billion yen; Net sales of 11.43 trillion yen, a year-on-year increase of 24%, with an estimated 10.68 trillion yen; Expected annual operating profit of 4.50 trillion yen, previously estimated at 3.00 trillion yen and estimated at 4.16 trillion yen; The expected annual net profit is 3.95 trillion yen, compared to the previous estimate of 2.58 trillion yen and 3.64 trillion yen. Toyota will invest 100 billion yen to repurchase up to 0.44% of its shares.