Amd to Forecast FY09(Daihatsu

RNS Number : 1864R
Toyota Motor Corporation
27 April 2009
 



[Translation]

April 27, 2009

To Whom It May Concern:

                                            Company Name: Daihatsu Motor Co., Ltd.

                                            Name and Title of Representative

                                            Teruyuki Minoura, President

                                            (Code Number: 7262

                                            The first sections of the Tokyo Stock Exchange

                                            and the Osaka Stock Exchange)

                                            Name and Title of Contact Person:

                                            Kazushi Ohno, General Manager, 

                                            Finance, Accounting &Cost Management Division

                                            Telephone Number: 072-754-3062

                                            (The Parent Company of Daihatsu Motor Co., Ltd.)

                                            Company Name: Toyota Motor Corporation

                                            Name and Title of Representative:

                                            Katsuaki Watanabe, President

                                            (Code Number: 7203

                                            Securities exchanges throughout Japan)

    

Notice Concerning Amendments to the Forecasts for FY2009


Based on our recent business results, we, Daihatsu Motor Co., Ltd. (the 'Company'), hereby amend, as below, our financial forecasts announced on February 2, 2009:


1. Amendments to the forecasts

 Amendments to the forecasts of unconsolidated financial results for FY2009

 

      (from April 1, 2008 to March 31, 2009)                                                             (million yen)


Net 

revenues

Operating income

Ordinary income

Net

income

Net income per share

Previous Forecasts (A)

1,260,000

17,000

18,500

12,000

28.13 yen

New Forecasts (B)

1,249,900

15,200

18,200

6,400

15.00 yen

Amount changed (B - A)

-10,100

-1,800

-300

-5,600

of change

-0.8

-10.6

-1.6

-46.7

(Reference)

Actual results for FY2008

1,270,836

33,016

34,846

23,025

53.94 yen


2. Reasons for the Amendments

Financial conditions of certain of our subsidiaries and affiliates have weakened due to the rapid worldwide deterioration of the economy originating from the financial crisis in the United States. We hereby amend our unconsolidated financial forecast, as net income for FY2009 is expected to be lower than the previously announced forecast mainly due to the recognition of extraordinary loss from evaluation losses of stocks of such subsidiaries and affiliates.



[Note]

As the forecasts stated above are based upon information that is currently in the Company's possession, the forecasts stated above are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, achievements or financial to be different from the forecasts expressed or implied in this notice.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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