In the fiscal year that ran from April 2023 to March 31, Toyota's operating profit also rose by 96.4%, to 5.32 trillion yen (32.1 billion euros), the highest ever for a Japanese company, according to the local press. Operating profit before interest and taxes, known by the English acronym EBIT, rose by 89.8% year-on-year, to 6.96 trillion yen (41.8 billion euros), the manufacturer said. Toyota's sales volume, the world's largest car company in terms of sales, was 45.1 trillion yen (270.6 billion euros), an increase of 21.4% compared to the previous year. Toyota sold 9.44 million vehicles between April last year and March, an increase of 7% year-on-year, after increases in all of the company's markets. The exception was Japan, a market where the Toyota group was affected by the suspension of sales by the subsidiary Daihatsu, said the company's CFO, Yoichi Miyazaki. Daihatsu resumed operations at all its factories in Japan on Tuesday after a suspension of more than four months due to a series of irregularities revealed by an external investigation. Sales for the entire group, including the luxury brand Lexus, reached 10.3 million vehicles, up 7.3% year-on-year. More than a third (37.4%), or almost 3.9 million, were electric, an increase of 7.8%. The favourable effect of exchange rates, due to the weakness of the yen, had a positive impact on the company's operating profit in the amount of 685 billion yen (4.11 billion euros), said Miyazaki. However, the fall in the yen also meant an increase in the price of raw materials for the Japanese company, something that was offset by a reduction in costs in the amount of around 120 billion yen (719 million euros), said the CFO. For the current fiscal year, which began on April 1 and runs until the end of March 2025, Toyota forecasts a 27.8% fall in net profit, to 3.57 trillion yen (17.4 billion euros). In terms of sales volume, Toyota expects an increase of 2%, to 46 trillion yen (276 billion euros).