Notice Valuation Losses

RNS Number : 0099C

Toyota Motor Corporation

05 November 2009

 



[Reference Translation]

 November 5, 2009

To Whom It May Concern:

                                                                                              Company Name: TOYOTA MOTOR CORPORATION

                                                                                              Name and Title of Representative:

                                                                                                                Akio Toyoda, President

                                                                                                                (Code Number: 7203

                                                                                                                Securities exchanges throughout Japan)

                                                                                              Name and Title of Contact Person:

                                                                                                                Takuo Sasaki, Managing Officer

                                                                                                                (Telephone Number: 0565-28-2121)

Notice Concerning Valuation Losses on Securities at the End of the Second Quarter of

FY2010 (Unconsolidated)

TOYOTA MOTOR CORPORATION ("Toyota") hereby announces that, in Toyota's unconsolidated

financial statements for the second quarter of FY2010 (April 1, 2009 through March 31, 2010),

impairment losses were recorded recognizing the loss in value of investment securities and shares

or investments in Toyota's affiliates, the market value or net asset value of which have declined

considerably. Such recording will not have material impact on Toyota's consolidated financial

statements.

1.  Details of valuation losses on securities (unconsolidated)

                                                                                                       (Amount: billion yen)

(A)    Total valuation losses on securities for the second quarter of the          fiscal year ending March 31, 2010 (difference between the          second-quarter accumulated period and the first-quarter          accumulated period)	35.5
(B)    Net assets as of March 31, 2009 (A / B x 100)	6,651.9 (0.5%)
(C)    Ordinary income for the fiscal year ended March 31, 2009 (A / C x 100)	182.5 (19.5%)
(D)    Net income for the fiscal year ended March 31, 2009 (A / D x 100)	56.6 (62.7%)

In impairment accounting for securities having a market price at the end of a fiscal quarter,

Toyota applies the reversal method. Therefore, losses to be recorded for the year ending

March 31, 2010 may vary depending on the market value of the securities or other similar

factors on the last day of the fiscal year.

2.  Outlook

     With respect to the forecasts of actual financial results for FY2010, please see the "Notice

Concerning the Difference between the Forecasts and the Semi-Annual Actual Financial Results

for FY2010 and Amendments to the Forecasts of Actual Financial Results for FY2010" that was released

today (November 5, 2009).

 

END

 

 

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