Toyota closes elevators to save money
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READING:
Toyota is closing two elevators at its Tokyo headquarters. It wants to save money and electricity. This is because the Japanese yen is becoming stronger. In January, one dollar was nearly 120 yen; now it is 101 yen. A strong yen means Toyota cars are more expensive, so profit goes down. Toyota's profit last year was $23 billion.
Toyota is also changing the temperature of air conditioners to save money. It did similar things after the financial crisis in 2008. That also made the yen strong. Toyota said the most important thing about closing the elevators is to make workers understand more about the need to reduce waste.
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