Amd to Forecast FY09(Hino)

RNS Number : 7560K

Toyota Motor Corporation

24 December 2008

 



[Translation]

December 24, 2008

To Whom It May Concern:

         Company Name:  Hino Motors, Ltd.

         Name and Title of Representative:

             Yoshio Shirai, President

        (Code Number: 7205 The first sections of the Tokyo Stock   

             Exchange and the Nagoya Stock Exchange)

                                                                            Name and Title of Contact Person:

                                                                                Toshihisa Sakaki, General Manager, 

          Corporate Communications Dept., Corporate Planning Division

                                                                           Telephone Number: 03-5419-9320

        (The Parent Company of Hino Motors, 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, Hino Motors, Ltd. ('Hino'), hereby announce the following amendments to the forecasts of consolidated and unconsolidated financial results for FY2009 (April 1, 2008 through March 31, 2009), previously announced on October 29, 2008 together with the earnings announcement for the second quarter of FY2009, as follows:

1.   Amendments to the forecasts of consolidated financial results for FY2009

     (April 1, 2008 through March 31, 2009).

(Amount: million yen)

	Net revenues	Operating income	Ordinary income	Net income	Net income per share (yen)
Previous forecasts (A)	1,250,000	15,000	10,000	2,000	3.49
New forecasts (B)	1,100,000	-13,000	-23,000	-20,000	-34.86
Amount changed (B - A)	-150,000	-28,000	-33,000	-22,000	-
% of change	-12.0%	-	-	-	-
(Reference) Actual results for FY2008	1,368,633	45,889	41,035	22,178	38.65

2.   Amendments to the forecasts of unconsolidated financial results for FY2009

     (April 1, 2008 through March 31, 2009).

(Amount: million yen)

	Net revenues	Operating income	Ordinary income	Net income	Net income per share (yen)
Previous forecasts (A)	927,000	1,000	4,500	3,000	5.23
New forecasts (B)	800,000	-21,000	-22,000	-16,000	-27.88
Amount changed (B - A)	-127,000	-22,000	-26,500	-19,000	-
% of change	-13.7%	-	-	-	-
(Reference) Actual results for FY2008	1,034,155	29,267	28,759	4,467	7.78

3.   Reasons for the Amendments

     The forecasts of consolidated and unconsolidated net revenues and income for FY2009  

     decreased from the previously announced forecasts, due to factors such as the

     decrease in sales of trucks and buses in response to the drastic slowdown of the global automotive

     market and the further appreciation of the yen compared to our previously assumed

     exchange rates.

      (Note)    The prospective figures for the financial results stated above are based upon information that is currently in 
                       Hino's possession and upon certain premises that Hino deems reasonable. Hino's actual future performance or 
                       other similar results could differ materially from those discussed above, due to various factors.

 

END

 

 

STRIIFSTFILSFIT