[Translation]
May 8, 2009
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)
Notice Concerning the Forecasts of Unconsolidated Financial Results for FY2009
TOYOTA MOTOR CORPORATION ('Toyota') announced today its financial results for FY2009 (April 1, 2008 through March 31, 2009), which differed from its forecast of unconsolidated financial results previously announced with its third quarter earnings announcement on February 6, 2009. With respect to the above, Toyota hereby provides notice of the following:
1. Difference between the Forecast and the Actual Unconsolidated Financial Results for FY2009
(April 1, 2008 through March 31, 2009)
(Amount: billion yen)
|
Net revenues |
Operating income |
Ordinary income |
Net income |
Previous forecasts (A) |
9,400.0 |
-250.0 |
160.0 |
30.0 |
Actual results (B) |
9,278.4 |
-187.9 |
182.5 |
56.6 |
Difference (B - A) |
-121.6 |
62.1 |
22.5 |
26.6 |
Difference (%) |
-1.3% |
- |
14.1% |
88.8% |
(Reference) Actual results for FY2008 |
12,079.2 |
1,108.6 |
1,580.6 |
1,138.1 |
2. Reasons for the Difference
Operating income, Ordinary income and Net income for FY2009 exceeded the previously announced forecasts, mainly because expenses such as selling, general and administrative expenses were less than expected.
(Note) This notice contains forward-looking statements that reflect Toyota's forecasts for consolidated and unconsolidated results.
These forward-looking statements are not guarantees of future performance and involve known and unknown risks,
uncertainties and other factors that may cause Toyota'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, Asia and other markets in which Toyota
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, the Canadian dollar and the British pound; (iii) Toyota's ability to realize production
efficiencies and to implement capital expenditures at the levels and times planned by management; (iv) changes in the laws,
regulations and government policies in the markets in which Toyota operates that affect Toyota's automotive operations,
particularly laws, regulations and government 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 Toyota's other
operations, including the outcome of future litigation and other legal proceedings; (v) political instability in the markets in which
Toyota operates; (vi) Toyota'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 Toyota purchases materials, components and suppliers 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 Toyota's actual results, performance, achievements or financial position is contained in Toyota's annual report on Form
20-F, which is on file with the United States Securities and Exchange Commission.