Supplement(Consolidated)

Supplement Material:
November 13, 2006
Corporate Communications,
Isuzu Motors Limited

Financial Summary: FY2007 First-half Consolidated Results
- April 1 2006 through September 30 2006 -


Unit: JPY in billion
Fraction less than half omitted
Volume in thousand units

  FY2005 H1
(April '05 to
September '05)
FY2006 H1
(April '06 to
September '06)
FY2006
(April '05 to
March '06)
FY2007 Forecast
(April '06 to
March '07)
Sales:
737.3 0.3%
824.7 11.9%
1,581.9 5.9%
1,630.0 3.0%
Japan
Overseas
319.5
417.8
7.9%
(4.8%)
372.5
452.2
16.6%
8.2%
685.0
896.9
9.5%
3.3%
690.0
940.0
0.7%
4.8%
Operating Profit
% to sales
37.9 (12.9%)
5.1%
57.6 52.2%
7.0%
90.7 4.0%
5.7%
100.0 10.3%
6.1%
Working Profit
% to sales
40.6 (15.9%)
5.5%
62.7 54.5%
7.6%
93.8 2.5%
5.9%
103.0 9.8%
6.3%
Net Income (loss)
% to sales
26.0 (27.4%)
3.5%
55.4 113.0%
6.7%
59.0 (1.8%)
3.7%
80.0 35.7%
4.9%
Operating profit:
Increase or Decrease
/
Profit increase due to:
  Sales mix 14.1
  Material cost reduction 8.2
  FX 2.4
  Expense 2.1

Profit decrease due to:
  Economic change (7.1)
/
Profit increase due to:
  Material cost reduction 15.0
  Sales mix 10.0
  FX 2.6
  Expense 0.7

Profit decrease due to:
  Economic change (14.0)
  New model launching expense (5.0)
Exchange rate JPY 108/US $ JPY 115/US $ JPY 111/US $ JPY 115/US $
Facility Investment
14.0 (42.9%)
20.9 49.3%
38.7 (16.1%)
57.0 47.3%
Depreciation
12.1 (5.5%)
13.6 12.4%
25.1 (7.7%)
29.0 15.5%
R&D
28.3 26.9%
28.4 0.4%
55.1 17.7%
55.0 (0.2%)
Performance Evaluation, etc. Despite aggressive
Investment on R&D expected,
secure solid profit
Record operating profit,
working profit and net income
Record operating profit
and working profit for three consecutive terms
Record operating profit,
working profit for four consecutive terms, and record net income
Sales vol.:Japan
46 8.1%
54 17.0%
98 9.4%
97 (1.0%)
Sales vol.:Overseas
168 84.2%
168 (0.2%)
348 39.6%
366 5.1%