UPDATE 1-Toyota to report 1 pct net rise for 04/05-paper

Newswire

(Updates with company comment, share price, background) TOKYO, April 27 (Reuters) - Japan's Toyota Motor Corp. will likely report a slightly smaller-than-expected 1 percent rise in net profit when it releases 2004/05 earnings in May, the Nihon Keizai business daily reported on Wednesday. Group net profit at the world's second-biggest auto maker is expected to be a record 1.17 trillion yen ($11.02 billion) for the year ended March 31 on sales of 18.2 trillion yen, up 5 percent from a year ...

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