Japanese Big 3 Profits Down


Toy­ota, Hon­da and Nis­san are all expe­ri­enc­ing reduced net prof­its in the past fis­cal quar­ter and are expect­ed to stay down through the fis­cal year end­ing March 2009. Declines of 27%, 18% and 43% reflect a poor US mar­ket, increased raw mate­ri­als cost and strong Yen which is not off­set by expand­ing mar­kets else­where.

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