26th July, 2004
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)
Notice of Revisions to Operating Forecast
Considering the recent trends in business performance, Daihatsu Motor Co., Ltd. has revised the operating forecast for interim Fiscal 2005 (April 1, 2004 to September 30, 2004) which was announced along with the financial statements on April 26, 2004, as follows.
1.Revisions to Operating Forecast for Interim Fiscal 2005
(April 1, 2004 to September 30, 2004)
(Millions of yen)
| Consolidated | Non-consolidated | |||||
| Net sales | Recurring income | Net income for the interim period | Net sales | Recurring income | Net income for the interim period | |
| Previous projection (A) | 520,000 | 10,000 | 6,000 | 395,000 | 9,000 | 6,000 |
| Revised projection (B) | 540,000 | 14,500 | 9,500 | 430,000 | 13,000 | 6,000 |
| Increment (Decrement) (B-A) |
20,000 | 4,500 | 3,500 | 35,000 | 4,000 | 3,000 |
| Ratio of increment (decrement) (%) | 3.8 | 45.0 | 58.3 | 8.9 | 44.4 | 50.0 |
| (Reference) FY2004 interim results (April 1, 2003 to September 30, 2003) |
477,015 | 8,425 | 3,777 | 376,196 | 7,440 | 4,440 |
2.Reasons for the Revisions
Business performance for FY2005 first quarter has resulted favorably. Additionally, domestic sales of mini-sized cars are expected to continue favorably during the interim. Sales to Toyota Motor Corp. are also expected to increase. Therefore, the net sales, recurring income, and net income for the interim period are all projected to exceed the previously announced estimate.