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International Business Times
International Business Times
Business
Hiroshi HIYAMA

Toyota Maintains Net Profit Forecast Despite Drop In First Half

Toyota's unit sales were hit by production cuts in Japan related to certification issues (Credit: AFP)

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year.

The world's top-selling automaker said unit sales were hit by production cuts in its home market, related to a failure to fully comply with vehicle inspection standards.

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