Toyota Motor said on Wednesday its net profit for the year to March 2013 was expected to more than double to 760 billion yen ($9.53 billion) on continued demand in emerging markets.

Toyota also said it forecast operating profit in the period to nearly triple on-year to 1.0 trillion yen amid surging demand for small and economically priced vehicles, as well as "green" models, a key segment for the automaker.