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Amd to Forecast FY09(Kanto A.W.)

3 Feb 2009 08:00

RNS Number : 6806M
Toyota Motor Corporation
03 February 2009
 



[Translation]

February 3, 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:

Katsuaki Watanabe, President  

(Code Number: 7203

Securities exchanges throughout Japan)

 

Notice Concerning Amendments to the Business Projections for Fiscal Year 2009

Based on the recent business results of Kanto Auto Works, Ltd. (the "Company"), we hereby announce the following amendments to the consolidated and unconsolidated business projections for Fiscal Year 2009 disclosed on December 222008.

 

1. Amendments to the consolidated business projections for Fiscal Year 2009 

(April 1, 2008 through March 31, 2009)

(Amount: million yen)

Net revenues

Operating income

Ordinary income

Net

income

Net income per share (yen)

 

Previous projections (A)

 

652,000

2,500

2,000

1,200

17.28

New projections (B)

620,000

0

-1,000

-1,500

-21.61

Amount changed

(B - A)

-32,000

-2,500

-3,000

-2,700

-38.89

% of change

-4.9%

-100.0%

(Reference)

Actual results

for Fiscal Year 2008

799,706

16,702

16,862

9,930

142.64

 

2. Amendments to the unconsolidated business projections for Fiscal Year 2009 

(April 1, 2008 through March 31, 2009)

(Amount: million yen)

Net revenues

Operating income

Ordinary income

Net 

income

Net income per share

(yen)

 

Previous projections (A)

 

619,000

1,200

2,400

1,700

24.47

New projections (B)

590,000

-900

0

-400

-5.76

Amount changed

(B - A)

-29,000

-2,100

-2,400

-2,100

-30.23

% of change

-4.7%

-100.0%

(Reference)

Actual results

for Fiscal Year 2008

739,456

15,456

16,403

10,037

144.17

 

3. Reasons for the Amendments

Among the figures for consolidated and unconsolidated business results for Fiscal Year 2009, both net revenues and the profits are projected to fall below the previously announced projected figures, due to further decrease in the number of automobiles subcontracted for production by Toyota Motor Corporation to the Company .

 

(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
 
END
 
 
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