Amd to Forecast FY09(Kanto A.

RNS Number : 5766K

Toyota Motor Corporation

22 December 2008

 



[Translation]

December 22, 2008

To Whom It May Concern:

                                                Company Name:  Kanto Auto Works, Ltd.

                                                Name and Title of Representative:

                                                   Tetsuo Hattori, President

                                                (Code Number: 7223 

        The first sections of the Tokyo Stock Exchange

          and  the Nagoya Stock Exchange)

    Name and Title of Contact Person:

        Shunichi Sano

        Managing Officer, General Manager, 

          Accounting Division

    Telephone Number: 055-996-2000

    (The Parent Company of Kanto Auto Works, 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 Business Projections for Fiscal Year 2009

Based on the recent business results of Kanto Auto Works, Ltd. (the 'Company'), we hereby announce the following amendments to the consolidated business projections for Fiscal Year 2009 disclosed on October 30, 2008 together with the earnings announcement for the second quarter of Fiscal Year 2009.

Furthermore, for reference, we notify you of the following amendments to the non-consolidated business projections for Fiscal Year 2009 disclosed on April 25, 2008 together with the earnings announcement for Fiscal Year 2008.

1.     Amendments to the consolidated business projections for Fiscal Year 2009 (from April 1,

   2008 to March 31, 2009).

                                                                                                                                      (In millions of yen)

	Net  revenues	Operating income	Ordinary income	Net income	Net income per share (yen)
Previous projections (A)	694,000	11,300	11,000	6,400	92.14
New projections (B)	652,000	2,500	2,000	1,200	17.28
Amount changed (B - A)	-42,000	-8,800	-9,000	-5,200	-74.86
% of change	-6.1%	-77.9%	-81.8%	-81.3%	-81.2%
(Reference) Actual results for the Fiscal Year 2008	799,706	16,702	16,862	9,930	142.64

[For reference]    

Amendments to the non-consolidated business projections for Fiscal Year 2009 

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

                                                                                                                                           (In millions of yen)

	Net  revenues	Operating income	Ordinary income	Net  income	Net income per share (yen)
Previous projections (A)	680,000	12,100	13,000	7,700	110.91
New projections (B)	619,000	1,200	2,400	1,700	24.47
Amount changed (B - A)	-61,000	-10,900	-10,600	-6,000	-86.44
% of change	-9.0%	-90.1%	-81.5%	-77.9%	-77.9%
(Reference) Actual results for the Fiscal Year 2008	739,456	15,456	16,403	10,037	144.17

For non-consolidated business projections, we announced the following for reference purposes in the 'FY2009 Second Quarter Financial Overview', disclosed on October 30, 2008 together with the earnings announcement for the second quarter of Fiscal Year 2009.

                                                                                                                                           (In millions of yen)

	Net revenues	Operating income	Ordinary income	Net  income
Non-consolidated business projections on October 30, 2008	660,000	9,600	10,500	6,200

2.    Reasons for the Amendments

Among the figures for consolidated and non-consolidated business results for Fiscal Year 2009, net revenues and the profits are projected to fall below the previously announced projected figures, due to factors such as the decrease in the number of automobiles subcontracted for production by Toyota Motor Corporation to the Company and the impact of raw material.

       (Note)    The prospective figures for the business results stated above are based upon information that is currently in the  

                      Company's possession and upon certain premises that the Company deems reasonable.

                      The Company's actual future performance or other similar results could differ materially from those discussed

                      above, due to various factors.

 

END

 

 

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