Notice re Forecasts of Uncons

RNS Number : 9620R
Toyota Motor Corporation
08 May 2009
 



[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.


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