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 Booming North American sales and big foreign exchange gains powered surging profits at Toyota Motor Corp. in the latest quarter while propelling record full-year earnings.

Operating profit jumped 46 percent to 635.7 billion yen ($5.31 billion) in the carmaker’s fiscal fourth quarter ended March 31, compared with 436.1 billion yen ($3.65 billion) a year earlier, the company said today.

Net income surged by more than half to 446.4 billion yen ($3.73 billion), from 297.0 billion yen ($2.48 billion) a year earlier.

Global revenue advanced 8.4 percent to 7.12 trillion yen ($59.52 billion) in the period, despite a 2.4 percent drop in global retail sales to 2.542 million vehicles.



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