Toyota has reported a jump in quarterly operating profit - bolstered by a weak yen and cost cuts - but trimmed its full-year revenue forecast citing an uncertain outlook in emerging countries.
The world's top-selling car maker said its July to September operating profit rose 26% to 827.4 billion yen ($6.81 billion), just ahead of a consensus estimate.
Toyota has topped the leader board for global car sales in the past few months, selling 7.49 million cars worldwide in the year to September, more than Volkswagen's 7.43 million during the same period.
Nevertheless, it lowered its annual revenue outlook to 27.5 trillion yen, up 1% from a year earlier but less than an earlier estimate of 27.8 trillion yen.
"The auto market especially in developed economies will remain strong, but Asia may not recover as much as we are hoping to see, so we are more cautious on our emerging market forecast," Managing Officer Tetsuya Otake said.
The company said that while it expects to hit its annual China target of 1.1 million units, profitability in the world's largest car market is likely worsen due a slowing economy.
Toyota said its net profit for the quarter rose 13.5% to 611.72 billion yen.
