Summary Profit rose 83 percent in the first half of the fiscal year to 1 trillion yen ($10.1 billion).
TOKYO (AP) Toyota s quarterly profit surged 70 percent as a weaker Japanese yen and cost cuts helped offset a slight decline in vehicle sales.
Toyota Motor Corp. said Wednesday its July-September net profit rose to 438.4 billion yen ($4.4 billion) from 257.9 billion yen a year earlier.
The automaker raised its net profit forecast for the fiscal year ending March 2014 to 1.67 trillion yen ($16.9 billion). But it kept its sales forecast at 9.1 million vehicles.
Quarterly sales slipped to 2.24 million vehicles from 2.25 million vehicles a year earlier.
Toyota last month said its global sales for the first nine months of the year totaled 7.41 million vehicles, little changed from the previous year but outpacing General Motors to keep its lead as the world s top-selling automaker.
Toyota Executive Vice President Nobuyori Kodaira said the automaker will focus on improving its cost controls and profit per vehicle.
