Toyota to Post Narrower Loss: Report

TOKYO (TheStreet) -- Toyota(TM Quote) will report a narrower-than-expected first-half operating loss next week as sales have recovered and the yen has weakened, a report says.

Japan's business daily newspaper Nikkei reports Toyota is expected to post an operating loss of 250 billion yen ($2.77 billion) for the April to September period as compared with a previously projected loss of 400 billion yen. First-half sales are estimated to stand at 8.3 trillion yen, exceeding an earlier forecast by about 500 billion yen.

Toyota is scheduled to announce results on Nov. 5.