Amd to Forecast FY10(Kanto A.

RNS Number : 6677B
Toyota Motor Corporation
30 October 2009
 



[Translation]


October 30, 2009


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:

                                                                                  Akio Toyoda, President

                                                                                (Code Number: 7203

                                                                                     Securities exchanges throughout Japan)

    

Notice Concerning Amendments to the Business Projections for FY 2010


Based on the recent business results of Kanto Auto Works, Ltd. (the "Company"), we hereby

announce the following amendments to the consolidated and non-consolidated business

projections for FY 2010 disclosed on July 312009.

 

1. Amendments to the consolidated business projections for FY 2010 (April 1, 2009 through

    March 31, 2010)

                                                                                                                             (Amount: million yen)


Net revenues

Operating income

Ordinary income

Net

Income

Net income per share (yen)

Previous projections (A)

437,000

-18,500

-19,000

-21,000

-302.76

New projections (B)

440,000

-13,000

-12,500

-16,000

-230.67

Amount changed

(B - A)

3,000

5,500

6,500

5,000

72.09

% of change

0.7%

(Reference)

Actual results

for Fiscal Year 2009

622,976

2,192

2,123

359

5.17

 

2. Amendments to the non-consolidated business projections for FY 2010 (April 1, 2009 through

    March 31, 2010)

                                                                                                                              (Amount: million yen)


Net revenues

Operating income

Ordinary income

Net 

income

Net income per share

(yen)

Previous projections (A)

412,000

-19,000

-18,500

-20,000

-288.34

New projections (B)

413,000

-13,500

-13,000

-16,500

-237.88

Amount changed

(B - A)

1,000

5,500

5,500

3,500

50.46

% of change

0.2%

(Reference)

Actual results

for Fiscal Year 2009

591,976

1,155

2,575

1,006

14.50



3.    Reasons for the Amendments


With respect to both the consolidated and non-consolidated results for FY 2010, the net

revenues, operating income, ordinary income and net income are expected to exceed the

previously announced projections, due to factors such as the increase in the number of

automobiles subcontracted for production by Toyota Motor Corporation to the Company and

progress made in the profitability improvement activities within Kanto Auto Works, Ltd. group.


(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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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