Toyota’s operating profits increased by 78% to $7.2 billion during Q4

Toyota Motor announced on Wednesday that its operating profits in the fourth quarter rose by approximately 78%, reaching 1.11 trillion yen ($7.2 billion), supported by the weakness of the Japanese yen and strong sales.

According to Reuters, the increase came compared to profits of 626.9 billion yen in the same period last year, and the average estimate of 9 analysts collected by the London Stock Exchange Group amounted to 747.3 billion yen.