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TOYOTA GROUP NET PROFIT CALCULATED UNDER U.S. METHOD UP 35%.
TOKYO, Aug 1 Asia Pulse - Toyota Motor Co.'s (TSE:7203) group net profit totaled 750.9 billion yen (US$6.23 billion), up 35 per cent, in fiscal 2002 under the U.S. accounting method, compared with 944.6 billion yen, up 53 per cent, when calculated under the Japanese system of accounting.
Sales figures were also different under the two methods: sales under the U.S. accounting method came to 15.5 trillion yen in fiscal 2002, up 9 per cent, while they totaled 16.05 trillion yen, up 6 per ...
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