Revised Performance Forecast for Interim Period(28,Oct,2005)

Toyo Tire & Rubber Co., Ltd. has made the following revisions to its consolidated and non-consolidated performance forecasts for the interim period (Apr. 1 - Sep. 30, 2005) of the fiscal year ending March 31, 2006, which were released on August 11 and May 11, 2005, respectively.

1. Revisions to the consolidated performance forecast for the interim period (Apr. 1 - Sep. 30, 2005) of the fiscal year ending March 31, 2006

(Unit: ¥ million)

	Net sales;	Ordinary income	Net income
Previously announced forecast (A) (Released on August 11,2005)	139,000	5,300	1,300
Revised forecast (B)	141,000	5,600	2,100
Difference (B-A)	2,000	300	800
Percentage change	1.4%	5.7%	61.5%
Results from the previous interim period of the fiscal year ending March 31, 2005	128,098	4,740	2,171

2. Revisions to the non-consolidated performance forecast for the interim period (Apr. 1 - Sep. 30, 2005) of the fiscal year ending March 31, 2006

(Unit: ¥ million)

	Net sales;	Ordinary income	Net income
Previously announced forecast (A) (Released on May 11,2005)	103,000	1,500	500
Revised forecast (B)	141,000	5,600	2,900
Difference (B-A)	11,000	4,100	2,400
Percentage change	10.7%	273.3%	480.0%
Results from the previous interim period of the fiscal year ending March 31, 2005	103,429	4,933	3,417

3. Reasons for the revisions

A decrease from the previous forecast in extraordinary losses recorded in the interim period has caused net income to exceed its August 11, 2005 forecast.

Sales of tires for overseas markets significantly exceeding forecasts, and the greater-than-expected depreciation of the yen, have caused net sales, ordinary income, and net income to exceed their May 11, 2005 forecasts.

4. Remark
Toyo Tire & Rubber plans to announce revised whole-year performance forecasts at the time of announcement of the semiannual settlement on November 9, 2005.