Toyota has reported its highest ever net profit for April – December in 2021

Info via Japanese media, reports adding that:

headwinds including the ongoing chip shortage and supply chain disruptions
annual vehicle output for the fiscal year ending March will fall below its most recent target of 9 million as the chip crunch wreaks havoc along Southeast Asia’s supply chains.
The production restraints have contributed to a tightening auto market and a reduction in dealer incentives, which fattened Toyota’s margin.
falling yen made exports cheaper, brought in bigger foreign currency profits

More reports like this should serve to quieten Japanese politicians complaints about the falling yen.

SG see conditions shaping up for the yen to drop even further: