TOKYO, Dec 19 (Reuters) – Hopes that Japan’s central bank
would obey incoming prime minister Shinzo Abe’s call to print
more money and weaken the yen sparked a sharp rally on Wednesday
among auto stocks, lifting Tokyo’s market to its biggest gain in
over a year.

Honda Motor led the gains, rising 6 percent, while
Nissan Motor climbed 5.5 percent and Toyota Motor
rose 3.5 percent. The three stocks helped push the
benchmark Nikkei Stock Average up 2.4 percent to above
10,000 for the first time in almost nine months.

TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) said it will recall 2.77 million vehicles worldwide, including some of its popular Prius hybrid cars, for steering and water pump problems in the carmaker’s second multimillion-vehicle recall in a little over a month.

The defects, which Toyota said had caused no accidents and could each be fixed in an hour or so, could cost hundreds of millions of dollars to repair, according Deutsche Securities autos analyst Kurt Sanger.

YOKOHAMA, Japan (Reuters) – Counting the cost of anti-Japanese protests in a territorial dispute with China, Nissan Motor Co (7201.T: Quote, Profile, Research) cut its full-year net profit forecast by a fifth to $3.99 billion, and said it had lost share in its biggest market.

Nissan joins Honda Motor (7267.T: Quote, Profile, Research) in revising down its forecasts for the year – Honda also lopped a fifth off its guidance – but bigger rival Toyota Motor (7203.T: Quote, Profile, Research) on Monday nudged up its forecast as it is less exposed to a China market where growth is slowing and Japanese goods have been boycotted.

YOKOHAMA, Japan, Nov 6 (Reuters) – Nissan Motor Co
cut its full-year net profit forecast by a fifth to $3.99
billion, joining rival Honda Motor, after car sales
tumbled in China, the world’s biggest autos market, amid
anti-Japanese protests over a territorial dispute.

Demand for Nissan, Honda and Toyota Motor cars in
China was virtually halved due to protests in a row over
disputed islets in the East China Sea. Nissan is the most
exposed among Japanese carmakers, with China accounting for 27
percent of its vehicle sales.

TOKYO (Reuters) – Toyota Motor Corp raised its full-year net profit forecast to $9.7 billion even after its sales in China, the world’s biggest autos market, were battered by a popular backlash against Japan over a territorial dispute.

Sales at Toyota and its two Chinese joint ventures almost halved in September and October. Honda Motor’s China car sales more than halved last month, while Nissan Motor’s fell 41 percent.

TOKYO (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) raised its full-year net profit forecast to $9.7 billion even after its sales in China, the world’s biggest autos market, were battered by a popular backlash against Japan over a territorial dispute.

Sales at Toyota and its two Chinese joint ventures almost halved in September and October. Honda Motor’s (7267.T: Quote, Profile, Research, Stock Buzz) China car sales more than halved last month, while Nissan Motor’s (7201.T: Quote, Profile, Research, Stock Buzz) fell 41 percent.

TOKYO, Nov 5 (Reuters) – Toyota Motor Corp is set
to tweak its full-year profit forecasts higher, local media
reported, in revisions that will come with a likely trebling of
quarterly profit to almost $3 billion. Even so, it’s too early
to say it has emerged from years of crisis.

Toyota will likely lift its annual operating profit forecast
by 5 percent to 1.05 trillion yen ($13 billion) and nudge up its
net profit outlook on strong sales in North America and
Southeast Asia as well as cost cuts, public broadcaster NHK
said.

TOKYO (Reuters) – For most companies, trebling quarterly profit to almost $3 billion and outselling all global rivals would be welcome news. But for Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz), Japan’s biggest car maker, it’s still too early to say it has emerged from years of crisis.

Toyota is likely to say later on Monday that it earned a net profit of 228.8 billion yen ($2.9 billion) in July-September, close to three times its year-ago profit when it was still reeling from the Japan earthquake and tsunami and Thai floods that ruptured its supply chain.

TOKYO (Reuters) – Japan’s Toshiba Corp cut its full-year operating profit forecast by 13 percent to 260 billion yen on Wednesday, saying the uncertain global economy weighed on its prospects.

The company said the continuing European debt crisis, slowdowns in China and India, and a strong yen were combining to “increase uncertainty about the future.”

TOKYO, Oct 31 (Reuters) – Japan’s Toshiba Corp cut
its full-year group operating profit forecast to 260.00 billion
yen ($3.27 billion) on Wednesday from its previous outlook of
300 billion yen, saying the uncertain global economy weighed on
its prospects.

The company said the continuing European debt crisis,
slowdowns in China and India, and a strong yen were combining to
“increase uncertainty about the future.”