UPDATE 1-Toyota 05/06 operating profit seen up 5 pct--paper

Newswire

(Adds company comment, share price) TOKYO, Oct 31 (Reuters) - Toyota Motor Corp. will likely post a 5 percent rise in group operating profit to a record 1.75 trillion yen ($15.1 billion) for the year to next March thanks to strong overseas sales and a weakening yen, business daily Nihon Keizai reported. The report sent shares in the world's second-biggest auto maker up nearly 2 percent early on Monday. New models to be released in the October-March second half will help Toyota achieve ...

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