Toyota Motor Corp. President Akio Toyoda, whose company hasaccumulated a cash pile of almost $40 billion, is facing calls toput that money to better use.

The world's largest carmaker is seeing profits surge as the yenweakens and demand rises in the U.S. and China. The company willprobably report today net income quadrupled to 434.3 billion yen($4.3 billion) last quarter, according to the average analystestimate compiled by Bloomberg, adding to the 3.88 trillion yen incash and short-term investments it had at the end of September.

Toyoda's reluctance to spend has prompted the likes of TakakiNakanishi, Institutional Investor magazine's top-ranked Japaneseauto analyst, to say the Camry maker should return more money toshareholders or increase capital investments. Options includehigher dividend payments, stock buybacks, or building factories inmarkets such as North America and China, where capacity isstrained.

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