March 22, 2010 |
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Notice Concerning Extraordinary loss and Revision of Financial Forecast for FY2010
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Toyota Industries Corporation today announced a resolution of the Board of Directors meeting held on March 22, 2010, as follows:
- Extraordinary loss
Due to the deteriorating market conditions of materials handling equipment, Toyota Industries Corporation resolved to book 39billion yen of extraordinary losses, arising from impairment losses of goodwill and property, plant and equipment.
- 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 |
18,000 |
26,000 |
12,000 |
38.51 |
| Revised forecast (B) |
1,390,000 |
18,000 |
26,000 |
-27,000 |
-86.66 |
| Amount changed (B-A) |
— |
— |
— |
-39,000 |
— |
| % of change |
— |
— |
— |
— |
— |
(Reference)
Actual results for FY2009 |
1,584,252 |
-6,621 |
14,343 |
-32,767 |
-105.16 |
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2) Reasons for revision
Based on the record of extraordinary losses as mentioned, Toyota Industries Corporation revised the net income of consolidated financial forecast for FY2010 as above. There is no revision for non-consolidated financial forecast.
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