Wednesday, May 9, 2007

Japan Stocks Fall, Led by Toyota on Earnings Concern; Mitsui Fudosan Gains

(Bloomberg) -- Japanese stocks fell, led by automakers, after Toyota Motor Corp. forecast the slowest profit growth since net income dropped in 1999.

Toyota, the world's biggest carmaker by market value, lost 1.8 percent. Denso Corp., Japan's largest automotive parts maker which is 23 percent owned by Toyota, slid 4.2 percent.


Read more at Bloomberg Stocks News

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