TOKYO , Feb. 4 -- ( Kyodo ) _ ---------- Toyota raises FY 2013 operating profit outlook to record 2.4 tril. yen TOKYO - Toyota Motor Corp. revised upward Tuesday its group operating profit projection for fiscal 2013 through March to a record 2.4 trillion yen from an earlier estimated 2.2 trillion yen , boosted by the yen's slide, robust sales in North America and cost-cutting measures. The full-year operating profit estimate eclipses the previous record of 2.27 trillion yen marked in fiscal 2007 before the global financial crisis that erupted in 2008. ---------- Sharp, Panasonic return to profit in April-Dec. on restructuring TOKYO - Struggling Japanese electronics makers Sharp Corp. and Panasonic Corp. said Tuesday they returned to profitability in the April to December period from massive losses a year earlier, helped by restructuring efforts. Sharp posted a group net profit of 17.72 billion yen , a turnaround from a loss of 424.35 billion yen , the first black ink in three years for the period, due also to favorable solar battery sales, bolstered by a feed-in tariff program for encouraging the use of renewable energy sources in power generation. ---------- Japan's key bond yield hits 2-month low on tumbling Tokyo stocks TOKYO - The yield on the bellwether 10-year Japanese government bond ended Tuesday at its lowest level in about two months as steep losses in Tokyo shares boosted bond buying. The yield on the No. 332, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.600 percent, down 0.015 percentage point from Monday's close. ---------- Nikkei dives 4% to 4-month low on U.S. recovery worries TOKYO - Tokyo stocks took another beating Tuesday, with the Nikkei falling more than 600 points to a four-month closing low, as weaker-than-expected U.S. manufacturing data increased concerns about a slowdown in the recovery of the world's largest economy. The 225-issue Nikkei Stock Average ended down 610.66 points, or 4.18 percent, from Monday at 14,008.47, marking its biggest one-day fall in about eight months. The key market yardstick fell for the fourth consecutive trading day to finish at its lowest level since Oct. 8 .
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