Toyota sees smaller-than-expected profit rise in 2019/2020

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Toyota sees smaller-than-expected profit rise in 2019/2020
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Toyota Motor Corp forecast on Wednesday a 3.3 percent rise in operating profit f...

FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo

Japan’s largest automaker expects profit to rise to 2.55 trillion yen in the year to March 2020, slightly lower than the 2.61 trillion yen average of 23 analyst estimates compiled by Refinitiv.

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