Toyota is trading at ¥3,533.00, up 16.68%, after raising its full-year net-profit forecast.
- In its November 5 earnings announcement, Toyota raised the forecast to ¥3.57 trillion from ¥3.25 trillion and also lifted its operating-profit outlook.
- Strong hybrid demand and a weaker yen supported the revised view.
- Toyota shares rose after the results, according to AP. The available price context has no volume data; the sharp move accompanies the earnings-driven rally.