Toyota expects an operating loss of 350-billion yen for the year to March, smaller than the 750-billion yen previously forecast but bigger than the 293-billion yen consensus from Thomson Reuters I/B/E/S. “It seems too large,” Koichi Ogawa, chief portfolio manager at Daiwa SB Investments. "Toyota looks a little less attractive than other companies such as Honda and Nissan" he said, adding the market may find the news disappointing.
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