Japan's biggest carmaker Toyota has forecast its first annual loss in 71 years due to plummeting sales and a surge in the value of the yen.
The firm said it expected a loss of 150bn yen (£1.1bn) in yearly operating profits - from its core operations. Company chief Katsuaki Watanabe said the current downturn was of a size that came only "once in a hundred years". Japan posted a trade deficit in November of $2.5bn (£1.7bn) as exports fell at a record rate.
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