The car Toyota is shutting down two at its global headquarters to save money. The world's largest automaker said on Thursday it will shut down two of eight elevators at its Tokyo office. This is to save and to cut down on the costs of operating the . One reason for this new move is the strengthening Japanese yen. The yen has become much since the UK voted to leave the EU on June the 23rd. One dollar bought nearly 120 yen in January; it buys just above 100. A stronger yen means Toyota cars sold are more expensive and profits go down. Toyota's for the year March 2016 was a record ¥2.31 trillion, which is around $23 billion.
A Toyota said the company decided to shut down the elevators weeks ago because of the yen. The company is also adjusting the of air conditioners to save money. The spokeswoman said Toyota took similar cost-cutting measures after the financial that happened in September 2008. That also made the yen strengthen against the dollar. The spokeswoman said: "These are not new." She added: "The key for the stoppage of elevators specifically is to raise amongst employees, and to remind them of the that Toyota has towards the idea of increasing competitiveness through staying lean and reducing ."