October 8, 2008 / 3:40 AM / 12 years ago

Toyota considering cutting 2008/09 outlook - source

TOKYO, Oct 8 (Reuters) - Japan’s Toyota Motor Corp (7203.T) is considering cutting its annual earnings forecasts due to sluggish demand in industrialised nations, slowing sales in emerging markets and a firmer yen, a company source said on Wednesday.

The Nikkei business daily said earlier that Toyota would likely post a 40 percent slide in annual profit, missing its profit estimates on weak sales in North America and slower growth in China. (Reporting by Nobuhiro Kubo)

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