Society

Toyota posts $20 billion profit for FY2020

May 13 (NHK) - Japan's Toyota Motor Corporation says the group's net profit for the business year that ended this March rose to 2.2 trillion yen, or approximately 20 billion dollars.

Toyota revealed the figure in a financial summary that was released on Wednesday.

The automaker's production lines and sales were temporarily hard-hit by the coronavirus pandemic. But the company was able to introduce new models as planned, and that helped boost sales in the United States and China, where demand has recovered.

The company says it also managed to minimize the impact of the global semiconductor shortage.

The company is forecasting a net profit of more than 21 billion dollars for the business year from April, 2021 through March, 2022. It projects that 10.55 million vehicles will be sold worldwide.

Over 300 New Geoglyphs Discovered by Yamagata University in Nazca

Yamagata University, which has been conducting research on the Nazca geoglyphs in Peru, announced the discovery of over 300 new geoglyphs, depicting a variety of subjects, including humans and animals.

University of Tokyo Raises Tuition Fees for First Time in 20 Years

The University of Tokyo has officially decided to increase tuition by approximately 110,000 yen for incoming undergraduate students starting next academic year, bringing the total to 642,960 yen.

Death toll rises to 9 in Japan's Ishikawa following heavy rain

Emergency officials say the death toll from record rainfall in Japan's Ishikawa Prefecture has risen to nine. (NHK)

Russian military plane intrudes into Japanese airspace, Tokyo lodges protest

A Japanese government spokesperson says a Russian military airplane entered Japanese airspace three times on Monday. (NHK)

Kishida vows in meeting with Zelenskyy continued support for Ukraine

Japanese Prime Minister Kishida Fumio has conveyed his country's intention to maintain support for Ukraine to President Volodymyr Zelenskyy. (NHK)

MEDIA CHANNELS

MORE Society NEWS

Woman in Floral Mini-Skirt Targets Zoo Outlets with Mysterious Tape

Strange incidents involving a woman placing black tape on outlets have been occurring around zoos in the Izu area of Shizuoka Prefecture.

Japanese Households with Buddhist Altars Has Drastically Decreased

As the number of households with Buddhist altars continues to decline, largely due to space limitations in modern housing, wholesalers of Buddhist goods are struggling with unsold inventory.

Twelve Referred to Prosecutors for Alleged Abuse at Kuwana Festival Horse Event

Twelve individuals involved in the traditional 'Ageuma Shinji' horse event held last year at Tado Shrine in Kuwana City, Mie Prefecture, have been referred to prosecutors on allegations of violent behavior toward horses, including forcing them up steep slopes.