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Revised Performance Forecast for Interim Period(30,Oct,2006)
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, 2006) of the fiscal year ending March 31, 2007,
which were released on August 10, 2006. (Unit: ¥ million)
2. Revisions to the non-consolidated performance forecast
for the interim period (Apr. 1 - Sep. 30, 2006) of the fiscal year ending
March 31, 2007
(Unit: ¥ million)
3. Reasons for the revisions
A greater-than-expected depreciation of the yen and the benefits of our cost reduction efforts have caused ordinary income and net income to exceed their August 10, 2006 forecasts on both a consolidated and non-consolidated basis. 4. Remarks Toyo Tire & Rubber plans to announce revised whole-year performance forecasts at the time of announcement of the semiannual settlement on November 14, 2006. |
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