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News

4th October, 2002

Listed company name: Daihatsu Motor Co., Ltd.
President: Takaya Yamada
Security code: 7262 (used in Japanese securities industry)
Parent company: Toyota Motor Corp.
President: Fujio Cho
Security code: 7203 (used in Japanese securities industry)

Revision of Projected Non-Consolidated Operating Results

In view of recent trends in our operating results, we have revised our projected non-consolidated operating results for the interim period of the fiscal year ending March 2003 (April 1, 2002, to September 30, 2002) announced on May 9, 2002.

1. Revised projected interim operating results for the fiscal year ending March 2003 (April 1, 2002 to September 30, 2002)

(Millions of yen)

  Net sales Recurring income Net income
Initial projection [A] 365,000 3,000 1,500
Revised projection [B] 350,000 1,500 1,000
Increment (Decrement) [B - A] (15,000) (1,500) (500)
Ratio of increment (decrement) (4.1%) (50.0%) (33.3%)

2. Reason for revision

We forecast a decline in net sales, recurring income, and net income during the interim period relative to the projection at the beginning of the period, resulting mainly from a decline in vehicle sales in Japan.

Ref.: Operating results during the same period in the previous fiscal year(April 1, 2001 to September 30, 2001)

(Millions of yen)

  Net sales Recurring income Net income
Interim period 415,187 8,723 4,983

Please be advised that we will announce the projected consolidated operating results for the above interim period as soon as they become available.

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