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Business

At Toyota, foreign vice president earns twice as much as president

NAGOYA -- Toyota Motor paid almost double its president's compensation to its first-ever foreign executive vice president in fiscal 2015.

The automaker's securities report submitted Friday shows President Akio Toyoda earning 351 million yen ($3.43 million) in the year ended in March. His salary remained unchanged at 102 million yen and bonuses declined by 1 million yen to 248 million yen.

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