Toyota Profit Increases 7.5 %
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As it tries to overtake General Motors as the leading global automaker by sales, Toyotaâs strategy of  shifting its focus to emerging markets from the United States appears to be paying off.
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The Toyota Motor Corporation, on pace to become the world's biggest auto company, reports a 7.3 percent gain.
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Toyota, the world&#39;s most profitable car company, yesterday shrugged off a looming steel shortage and said it expects sales to gain 8pc next year after a 10pc rise in 2004.
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The Nikkei average gained 0.74 percent on   Thursday, recovering from Wednesday's five-week closing low, as   easing concerns about a U.S. slowdown helped investors to turn   to Shin-Etsu Chemical Co. Ltd. 4063.T, Toyota Motor Corp.   7203.T and others with good earnings prospects.
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Japan's Toyota Motor Corp. said Tuesday that its third-quarter net profit rose 7.5 percent to a record high on the back of fast-growing sales overseas, particularly in emerging markets.
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Toyota Motor Corp. (7203.T) posted a  near-20 percent rise in quarterly profit on Tuesday on brisk  sales in North America and Europe, but kept its full-year  forecasts unchanged -- though still on course for an eighth  straight year of record earnings.
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Toyota Motor Corporation, the world&#39;s second-largest carmaker, had an unexpected drop in quarterly profit as investment earnings declined at a truckmaking unit and a stronger yen cut the value of overseas sales.
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The company reported profit of $5.83 billion for the year as demand for its upscale sedans and SUVs led to a surge in sales.
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Health insurer WellPoint Inc  said on Wednesday that third-quarter profit rose 7 percent as membership increased.
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Toyota Motor Corp.  posted a near-20 percent rise in quarterly profit on Tuesday on brisk sales in North America and Europe, but kept its full-year forecasts unchanged -- though still on course for an eighth straight year of record earnings.
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Japanese car firm Toyota reports a 19% rise in profits for the last three months of 2006.
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Japanese auto stocks such as Toyota Motor Corp. rose after a US government report showed retail sales gained more than expected last month, with spending on vehicles recording the biggest increase in three years.
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Toyota posted a 3.5 percent rise in quarterly profits as spending on its ambitious global expansion plans curtailed growth in its earnings.
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Sony said quarterly net profit jumped to 73.7 billion yen, or $646.7 million, as sales of digital cameras, televisions and other electronics more than offset losses at its video-games unit.
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TOKYO Toyota Motor reported on Monday that its profit slipped 1.5 percent in the most recent quarter as the damage from a falling dollar offset strong gains in global vehicle sales.
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Japan&#39;s top carmaker Toyota Motor said its interim net profit rose 11.4 percent to a record 584 billion yen (5.5 billion dollars) thanks to brisk sales both at home and overseas.
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Toyota Motor Corp. said on Tuesday it  expects its group-wide auto sales to rise 7 percent next year  to a record 8.03 million vehicles globally as it boosts its  production capabilities in almost every corner of the world.