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Toyota cuts full-year operating profit forecast on stronger yen

The logo of Toyota is pictured at at the 37th Bangkok International Motor Show in Bangkok, Thailand, March 22, 2016. Picture taken March 22, 2016.

Toyota Motor Corp (7203.T) cut its full-year forecast for operating profit, expecting it to fall 44 percent from a year ago as the Japanese automaker expects to take a bigger hit from a stronger yen.

The world's largest automaker by market value now expects operating profit to come in at 1.6 trillion yen ($15.76 billion), from a previous...


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