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24 Dec 2008 08:41
[Translation]
December 24, 2008
To Whom It May Concern:
Company Name: Hino Motors, Ltd.
Name and Title of Representative:
Yoshio Shirai, President
(Code Number: 7205 The first sections of the Tokyo Stock
Exchange and the Nagoya Stock Exchange)
Name and Title of Contact Person:
Toshihisa Sakaki, General Manager,
Corporate Communications Dept., Corporate Planning Division
Telephone Number: 03-5419-9320
(The Parent Company of Hino Motors, Ltd.)
Company Name: Toyota Motor Corporation
Name and Title of Representative:
Katsuaki Watanabe, President
(Code Number: 7203 Securities exchanges throughout Japan)
Notice Concerning Amendments to the Forecasts for FY2009
Based on our recent business results, we, Hino Motors, Ltd. ("Hino"), hereby announce the following amendments to the forecasts of consolidated and unconsolidated financial results for FY2009 (April 1, 2008 through March 31, 2009), previously announced on October 29, 2008 together with the earnings announcement for the second quarter of FY2009, as follows:
1. Amendments to the forecasts of consolidated financial results for FY2009
(April 1, 2008 through March 31, 2009).
(Amount: million yen)
|
Net revenues |
Operating income |
Ordinary income |
Net income |
Net income per share (yen) |
|
|
Previous forecasts (A) |
1,250,000 |
15,000 |
10,000 |
2,000 |
3.49 |
|
New forecasts (B) |
1,100,000 |
-13,000 |
-23,000 |
-20,000 |
-34.86 |
|
Amount changed (B - A) |
-150,000 |
-28,000 |
-33,000 |
-22,000 |
- |
|
% of change |
-12.0% |
- |
- |
- |
- |
|
(Reference) Actual results for FY2008 |
1,368,633 |
45,889 |
41,035 |
22,178 |
38.65 |
2. Amendments to the forecasts of unconsolidated financial results for FY2009
(April 1, 2008 through March 31, 2009).
(Amount: million yen)
|
Net revenues |
Operating income |
Ordinary income |
Net income |
Net income per share (yen) |
|
|
Previous forecasts (A) |
927,000 |
1,000 |
4,500 |
3,000 |
5.23 |
|
New forecasts (B) |
800,000 |
-21,000 |
-22,000 |
-16,000 |
-27.88 |
|
Amount changed (B - A) |
-127,000 |
-22,000 |
-26,500 |
-19,000 |
- |
|
% of change |
-13.7% |
- |
- |
- |
- |
|
(Reference) Actual results for FY2008 |
1,034,155 |
29,267 |
28,759 |
4,467 |
7.78 |
3. Reasons for the Amendments
The forecasts of consolidated and unconsolidated net revenues and income for FY2009
decreased from the previously announced forecasts, due to factors such as the
decrease in sales of trucks and buses in response to the drastic slowdown of the global automotive
market and the further appreciation of the yen compared to our previously assumed
exchange rates.
(Note) The prospective figures for the financial results stated above are based upon information that is currently in Hino's possession and upon certain premises that Hino deems reasonable. Hino's actual future performance or other similar results could differ materially from those discussed above, due to various factors.
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