Toyota Motor Corp. retained its status as top earner of taxable income for the second year in a row in fiscal 2000, according to rankings of the top 50 corporate earners released Thursday by the national taxation authority.
Toyota topped the rankings with taxable income of 679.15 billion yen, up 40.6 percent from the previous year. It is the 20th time that Japan's largest automaker has retained the top spot since the agency began compiling the rankings in 1952.
Tokyo Electric Power Co. was second with 370.34 billion yen, up 4.6 percent and rising from fourth place the previous year. It was followed by Nippon Life Insurance Co. at 290.39 billion yen, down 19.5 percent and in the same spot as the previous year.