Amd to Semi-Annl Forecast '07
Toyota Motor Corporation
20 September 2006
September 20, 2006
To Whom It May Concern:
Company Name: Toyota
Motor Corporation
Name and Title of
Representative:
Katsuaki Watanabe,
President
(Code Number: 7203
Securities exchanges
throughout Japan)
Name and Title of
Contact Person:
Takuo Sasaki,
General Manager, Accounting Division
Telephone Number:
0565-28-2121
Unconsolidated Financial Results:
Notice Concerning Amendment to the Forecast of FY2007 Semi-Annual
Based on recent developments in our business performance, we, Toyota Motor
Corporation ('TMC'), hereby amend, as below, our unconsolidated financial
forecast for Fiscal Year 2007 Semi-Annual (from April 1, 2006 to September 30,
2006), announced on May 10, 2006:
1. Amendment to the forecast of Fiscal Year 2007 Semi-Annual (from April 1,
2006 to September 30, 2006)
Net revenues Operating income Ordinary income Net income
Forecast before 5,200 billion 370 billion 560 billion 380 billion
amendment (A) yen yen yen yen
Forecast after 5,500 billion 540 billion 740 billion 500 billion
amendment (B) yen yen yen yen
Amount changed (B - A) 300 billion 170 billion 180 billion 120 billion
yen yen yen yen
% of change 5.8% 45.9% 32.1% 31.6%
(Reference) 4,664 billion 297.6 billion 416.6 billion 283.6 billion
Actual results of the yen yen yen yen
corresponding period of the
preceding year (FY2006
ending March 31, 2006)
2. Reasons for the Amendment
The forecast of Fiscal Year 2007 Semi-Annual is expected to increase from
the previously announced forecast, due to a weaker yen than the initially
anticipated exchange rate and an increase in sales in the overseas markets.
(Note)
This report contains forward-looking statements that reflect TMC's plans
and expectations. These forward-looking statements are not guarantees of future
performance and involve known and unknown risks, uncertainties and other factors
that may cause TMC's actual results, performance, achievements or financial
position to be materially different from any future results, performance,
achievements or financial position expressed or implied by these forward-looking
statements. These factors include: (i) changes in economic conditions and market
demand affecting, and the competitive environment in, the automotive markets in
Japan, North America, Europe and other markets in which TMC operates; (ii)
fluctuations in currency exchange rates, particularly with respect to the value
of the Japanese yen, the U.S. dollar, the Euro, the Australian dollar and the
British pound; (iii) TMC's ability to realize production efficiencies and to
implement capital expenditures at the level and times planned by management;
(iv) changes in the laws, regulations and government policies in the markets in
which TMC operates that affect TMC's automotive operations, particularly laws,
regulations and policies relating to trade, environmental protection, vehicle
emissions, vehicle fuel economy and vehicle safety, as well as changes in laws,
regulations and government policies that affect TMC's other operations,
including the outcome of future litigation and other legal proceedings; (v)
political instability in the markets in which TMC operates; (vi) TMC's ability
to timely develop and achieve market acceptance of new products; and (vii) fuel
shortages or interruptions in transportation systems, labor strikes, work
stoppages or other interruptions to, or difficulties in, the employment of labor
in the major markets where TMC purchases materials, components and supplies for
the production of its products or where its products are produced, distributed
or sold.
A discussion of these and other factors which may affect TMC's actual
results, performance, achievements or financial position is contained in TMC's
annual report on Form 20-F, which is on file with the United States Securities
and Exchange Commission.
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