Press Release

Announcement on the Changes in Isuzu Consolidated Financial Performance Forecasts for Fiscal Year Ending March 2011

August 4, 2010


Company name
Stock exchange listing
Representative
URL
Contact person
 : 
 : 
 : 
 : 
 : 
Isuzu Motors Limited
Code No. 7202, The 1st Section, Tokyo Stock Exchange in Japan
Susumu Hosoi, President and Representative Director
http://www.isuzu.co.jp/world/investor/index.html
Naruhito Furuta, General Manager, General Affairs, & HR dept.,
Administration Division, Isuzu Motors Limited, Tel: 81-3-5471-1141


  Further to the previous announcements made at the account closing on May 11, 2010, Isuzu Motors Limited (the "Company") announces following adjustments and changes in the forecasts for the Year-End of FY2011 and the first half of FY2011 consolidated financial performance


1.
Adjustments and changes made in the first half of FY2011 consolidated performance forecasts (for the period starting from April 1, 2010 and ended Sep. 30, 2010).
(Unit: Millions of Yen, or %)
  Net Sales Operating
Income
Ordinary
Income
Net Income Net Income
per Share
(A) Previous forecast
as of May 11, 2010
660,000 25,000 23,000 8,000 Yen
4.72
(B) Adjusted/changed
as of Aug. 4, 2010
740,000 38,000 37,000 20,000 Yen
11.80
 Changes (B - A) 80,000 13,000 14,000 12,000 -
 Changes in % 12.1 52.0 60.9 150.0 -
 Previous year's actual
 (April 2009- Sep. 2009)
442,848 (20,017) (23,580) (27,768) Yen
(16.39)


2.
Adjustments and changes made in the Year-End of FY2011 consolidated performance forecasts (for the period starting from April 1, 2010 and ended March 31, 2011).
(Unit: Millions of Yen, or %)
  Net Sales Operating
Income
Ordinary
Income
Net Income Net Income
per Share
(A) Previous forecast
as of May 11, 2010
1,340,000 45,000 42,000 20,000 Yen
11.80
(B) Adjusted/changed
as of Aug. 4, 2010
1,450,000 65,000 65,000 40,000 Yen
23.61
 Changes (B - A) 110,000 20,000 23,000 20,000 -
 Changes in % 8.2 44.4 54.8 100.0 -
 Previous year's actual
 (April 2009- March 2010)
1,080,928 11,010 11,393 8,401 Yen
4.96


3.
Reasons for changes:
  The financial projection announced this time have exceeded the financial projection announced on May 11, 2010 in terms of operating income, ordinary income and net income(for the Year-End of FY2011 and the first half of FY2011) thanks to sales increase focusing on the emerging countries and cost reduction.


(Note) The above financial projection is calculated based on information available presently by the Company and specific prerequisites judged reasonable. There are possibilities that the actual financial results would vary largely depending upon various factors.