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Results improved in its first quarter compared to the same period of the previous year for Japanese carmaking giant Toyota Motor Corp. Toyota Motor reported on Thursday that its first-quarter net income increased by 1.7% to 1.33 trillion yen from last year’s 1.31 trillion yen ($8.75 billion). Earnings per share were 98.99 yen, up from 96.74 yen a year ago. Toyota’s operating income for the quarter was 1.31 trillion yen, up 16.7% from 1.12 trillion yen a year ago. Total sales revenues rose 12.2% to 11.85 trillion yen from 10.55 trillion yen last year. Looking ahead to fiscal 2025, the company c…

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