Toyota sees full-year profits up, but predicts drop in current year
Profits rose at Japanese car giant Toyota for the fiscal year ending March 31, with the firm reporting that its net income attributable to the company hit ¥4.94 trillion ($32 billion) or ¥365.94 per share from ¥2.45 trillion or ¥179.47 per share in the previous year. The company said on Wednesday it will increase the year-end dividend to ¥45 per share, an increase of ¥10 compared to the previous year, and set the annual dividend at ¥75, totalling over ¥1 trillion. The company said it sets aside ¥1 trillion as the maximum limit of share repurchases and will cancel 520 million shares, equivalent...