Toyota Reports Best Quarter Ever
Posted on August 3, 2007 Comments (2)
Toyota Reports Best Quarter Ever
Despite concerns in the industry about sluggish auto sales in the U.S. and Japan, Toyota Motor Corp. got help from a weak yen and cost cuts in its earnings announced Friday for its first fiscal quarter.
Japan’s biggest automaker posted a 32.3 percent jump in profit to 491.54 billion yen ($4.1 billion) for the April-June quarter.
One quarter doesn’t mean much but this is just the continuation of a long term trend. Posts on Toyota’s management system.
2 Responses to “Toyota Reports Best Quarter Ever”
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November 5th, 2007 @ 8:38 pm
I agree that Toyota has to maintain a laser-like focus on improvement. I don’t agree that they need to rethink their purpose in life (I have a feeling that is taken out of context). They need to maintain and maybe even increase their commitment to their purpose in life…
February 25th, 2008 @ 10:10 am
If I were an executive at Toyota I would sure examine this to see if it really is as promising as it looks. And if it is Toyota sure has plenty of cash and the management practice to make a very compelling case for allowing Toyota to produce this globally…