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| Notice Concerning Revision of Financial Forecast for FY2011 |
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Toyota Industries Corporation today announced a revision of its financial forecast for FY2011 from that announced on April 28, 2010, as follows:
- Revision of financial forecast
| 1) |
Consolidated financial forecast |
| |
(1) |
Revision of consolidated financial forecast for the first half of FY2011
(April 1, 2010 through September 30, 2010) |
| |
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(Amount: million yen)
| |
Net sales |
Operating
income |
Ordinary
income |
Net
income |
Net income
per share
(yen) |
| Previous forecast (A) |
690,000 |
20,000 |
23,000 |
12,500 |
40.12 |
| Revised forecast (B) |
740,000 |
30,000 |
32,000 |
19,000 |
60.98 |
| Amount changed (B-A) |
50,000 |
10,000 |
9,000 |
6,500 |
— |
| % of change |
7.2% |
50.0% |
39.1% |
52.0% |
— |
(Reference)
Actual results for the
first half of FY2010 |
627,562 |
-2,802 |
4,265 |
229 |
0.74 |
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(2) |
Revision of consolidated financial forecast for FY2011
(April 1, 2010 through March 31, 2011) |
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(Amount: million yen)
| |
Net sales |
Operating
income |
Ordinary
income |
Net
income |
Net income
per share
(yen) |
| Previous forecast (A) |
1,400,000 |
45,000 |
50,000 |
27,000 |
86.66 |
| Revised forecast (B) |
1,450,000 |
55,000 |
60,000 |
33,000 |
105.92 |
| Amount changed (B-A) |
50,000 |
10,000 |
10,000 |
6,000 |
— |
| % of change |
3.6% |
22.2% |
20.0% |
22.2% |
— |
(Reference)
Actual results for FY2010 |
1,377,769 |
22,002 |
31,756 |
-26,273 |
-84.33 |
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| 2) |
Non-consolidated financial forecast |
| |
(1) |
Revision of non-consolidated financial forecast for the first half of FY2011
(April 1, 2010 through September 30, 2010) |
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|
(Amount: million yen)
| |
Net sales |
Operating
income |
Ordinary
income |
Net
income |
Net income
per share
(yen) |
| Previous forecast (A) |
440,000 |
10,000 |
14,000 |
10,000 |
32.10 |
| Revised forecast (B) |
490,000 |
18,000 |
23,000 |
16,000 |
51.35 |
| Amount changed (B-A) |
50,000 |
8,000 |
9,000 |
6.000 |
— |
| % of change |
11.4% |
80.0% |
64.3% |
60.0% |
— |
(Reference)
Actual results for the
first half of FY2010 |
389,552 |
-2,528 |
3,742 |
4,653 |
14.94 |
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(2) |
Revision of non-consolidated financial forecast for FY2011
(April 1, 2010 through March 31, 2011) |
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|
(Amount: million yen)
| |
Net sales |
Operating
income |
Ordinary
income |
Net
income |
Net income
per share
(yen) |
| Previous forecast (A) |
880,000 |
20,000 |
26,000 |
18,000 |
57.77 |
| Revised forecast (B) |
940,000 |
28,000 |
36,000 |
24,000 |
77.03 |
| Amount changed (B-A) |
60,000 |
8,000 |
10,000 |
6,000 |
— |
| % of change |
6.8% |
40.0% |
38.5% |
33.3% |
— |
(Reference)
Actual results for FY2010 |
892,893 |
18,394 |
26,308 |
17,362 |
55.73 |
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- Reasons for revision
Toyota Industries Corporation has revised its financial forecasts for FY2011 as above, due to results of first quarter, increase of sales in Materials Handling Equipment Segment and further cost reduction activities. Our projections are based on assumed exchange rates of ¥90 = US$1 and ¥110 = €1 for the remainder of the fiscal year.
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