Toyota sees end to run of record annual profits on yen strength

Toyota Motor Corp forecast a bigger-than-expected 35 percent tumble in net profit for the current year due to the sharp depreciation of the yen ending three straight years of record profits driven in part by a weak currency The Japanese automaker said on Wednesday profit for the year ending in March 2017 will fall to 1.5 trillion yen from 2.31 trillion yen in the prior year