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Essay text:
The operating profit of the company was JPY2,238.7 billion (approximately $19 billion) during fiscal year 2007, an increase of 19.2% over 2006. The net profit was JPY1,644 billion (approximately $13.9 billion) in fiscal year 2007, an increase of 19.8% over 2006.
Business Description
Toyota produces and sells automobiles, including passenger cars, recreational and sport-utility vehicles; minivans and trucks. Toyota’s subsidiary, Daihatsu Motor Company produces and sells mini-vehicles and compact cars. Hino Motors produces and sells commercial vehicles. Toyota also manufactures automotive parts, components and accessories for its own use and for sale...
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