Japanese

News Releases / 2010

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[Translation]
March 22, 2010
Notice Concerning Extraordinary loss and Revision of Financial Forecast for FY2010
Toyota Industries Corporation today announced a resolution of the Board of Directors meeting held on March 22, 2010, as follows:
  1. 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.

  2. Revision of financial forecast
    1) Revision of consolidated financial forecast for FY2010
    (April 1, 2009 through March 31, 2010)
  3. (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

    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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