Toyota Raises Profit Forecast, Shares Surge 16.7% in Biggest Intraday Gain Since 1987

Toyota reported a 34% increase in Q2 operating profit to €6.342 million, driven by yen weakness and cost cuts, and raised its full-year forecast. Shares surged 16.7%, the largest intraday gain since 1987, reflecting strong investor reaction. The move signals robust corporate earnings in Japan's auto sector, potentially supporting broader market sentiment.

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