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Toyota Motor Company announced on the 6th that it will revise its 2023 fiscal year (April 2023 to March 2024) consolidated financial report forecast, increasing sales from the original 43 trillion yen (approximately 2 trillion yuan) to 43.5 trillion yen and net profit from 3.95 trillion yen to 4.5 trillion yen. Net profit will break through the 4 trillion yen mark for the first time. Mainly due to price increases and depreciation of the Japanese yen.
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