Toyota reports shrinking net income in fiscal first half

TOKYO, Nov. 1 (Xinhua) -- Toyota Motor Corp. on Tuesday reported 1.171 trillion yen (7.96 billion U.S. dollars) of net income, a 23-percent decline year on year, for the fiscal first half ending September, due to dramatic changes in the business environment.

During the six-month period from April to September, sales revenue of the automaker went up 14 percent from a year ago to 17.71 trillion yen, the company sa