Toyota cars are seen on display at the Toyota of North Hollywood dealership in Los Angeles, California. Photo|afp
What you need to know:
Operating profit fell nearly 30 percent to 1.11 trillion yen, while revenue was off 7.2 percent at 13.07 trillion yen. However the Corolla and Prius hybrid maker boosted its full-year to March net profit forecast to 1.55 trillion yen from an earlier 1.45 trillion yen estimate. The newest figure is still way down from a record 2.31 trillion yen net profit in the most recently ended business year.