News Releases

Notice Concerning Revision of Financial Forecast for FY2016

Toyota Industries Corporation announces revision of consolidated financial forecast for FY2016 (announced on July 31, 2015), and difference between non-consolidated financial forecast for FY2016 and actual results of FY2015 as indicated below.


1.Revision of consolidated financial forecast for FY2016

(Amount: million yen)
Net sales Operating
profit
Ordinary
profit
Profit
attributable
to owners of
the parent
Earnings
per share
(yen)
Previous forecast (A) 2,200,000 125,000 184,000 126,000 401.06
Revised forecast (B) 2,230,000 130,000 187,000 187,000 595.22
Difference (B-A) 30,000 5,000 3,000 61,000
% of change 1.4% 4.0% 1.6% 48.4%
(Reference)
Actual results of FY2015
2,166,661 117,574 170,827 115,263 367.06

2.Difference between non-consolidated financial forecast for FY2016 and actual results of FY2015

(Amount: million yen)
Net sales Operating
profit
Ordinary
profit
Profit Earnings
per share
(yen)
Actual results of FY2015 (A) 1,182,261 49,186 98,728 77,440 246.61
Forecast for FY2016 (B) 1,185,000 42,000 100,000 143,000 455.17
Amount changed (B-A) 2,739 (7,186) 1,272 65,560
% of change 0.2% (14.6%) 1.3% 84.7%

3.Reason for revision of financial forecast
At the Board of Directors meeting held on October 30, 2015, Toyota Industries resolved to sell shares of Asahi Security Co., Ltd. and Wanbishi Archives, Co., Ltd. which are consolidated subsidiaries, on December, 2015(plan) to enhance concentration and selection of business.
In addition, due to results of the first half of FY2016, financial forecast for FY2016 has been revised as above.

*All projections are based on the information available to management at the time of making this report and are not guarantees of future performance. Uncertainties could cause the actual results of Toyota Industries to differ materially from any projections discussed in this report.


News Releases 2015