Toyota's full-year net profit beats forecast

TOKYO, May 10: Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations while projecting better sales and revenue for the year ahead in a sign supply chain disruptions may be easing.

The Japanese firm reported 2.45 trillion yen ($18.12 billion) in net profit for the fiscal year, down 14 percent from a year earlier but still beating its projections of 2.36 trillion yen.