Toyota trims full-year profit forecast

TOKYO  -- Toyota Motor cut its full-year profit forecast on Friday by nearly 6 percent on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years.

Japan's biggest automaker posted an 8.7 percent rise in operating profit to 741.9 billion yen ($6.93 billion) in the April-June quarter, its highest since the September 2015 quarter, helped by a slight increase in vehicle sales.

But it lowered full-year profit to 2.4 trillion yen from 2.55 trillion yen previously. That compared with an average 2.61 trillion yen estimated by analysts.