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Notice Concerning Revision of Financial Forecast for FY2010
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Toyota Industries Corporation today announced a revision of its financial forecast for FY2010 (April 1, 2009 through March 31, 2010), from that announced on October 30, 2009, as follows:
- Revision of financial forecast
1) Revision of consolidated financial forecast for FY2010
(April 1, 2009 through March 31, 2010)
(Amount: million yen)
| |
Net sales |
Operating
income |
Ordinary
income |
Net
income |
Net income
per share
(yen) |
| Previous forecast (A) |
1,390,000 |
10,000 |
18,000 |
4,500 |
14.44 |
| Revised forecast (B) |
1,390,000 |
18,000 |
26,000 |
12,000 |
38.51 |
| Amount changed (B-A) |
— |
8,000 |
8,000 |
7,500 |
— |
| % of change |
— |
80.0% |
44.4% |
166.7% |
— |
(Reference)
Actual results for FY2009 |
1,584,252 |
-6,621 |
14,343 |
-32,767 |
-105.16 |
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2) Revision of non-consolidated financial forecast for FY2010
(April 1, 2009 through March 31, 2010)
(Amount: million yen)
| |
Net sales |
Operating
income |
Ordinary
income |
Net
income |
Net income
per share
(yen) |
| Previous forecast (A) |
900,000 |
8,000 |
16,000 |
12,000 |
38.51 |
| Revised forecast (B) |
900,000 |
13,000 |
19,000 |
14,500 |
46.54 |
| Amount changed (B-A) |
— |
5,000 |
3,000 |
2,500 |
— |
| % of change |
— |
62.5% |
18.8% |
20.8% |
— |
(Reference)
Actual results for FY2009 |
940,008 |
-9,780 |
20,387 |
-2,705 |
-8.68 |
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- Reasons for revision
Based on the effects of expense and cost reduction measures exceeding targets, Toyota Industries Corporation revised the financial forecast for FY2010 as above.
The projections are based on exchange rates of ¥90 = US$1 and ¥130 =€1 for the remainder of the fiscal year.
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