Toyota to revise dollar forecast to 80 yen
Toyota will revise its dollar forecast for the second half of the current business year to March to 80 yen, which will mean a $1.85 billion hit to its earnings, a report said Monday.
Toyota eked out a 1.1 billion yen quarterly profit and raised its annual earnings forecast today as it mounts a comeback from the devastation of the earthquake and tsunami in northeastern Japan.