— Mitsubishi Motors Corporation has, to reflect recent trends in its corporate performance, made the following changes to the first-half consolidated results forecasts for the fiscal year ending March 31, 2008 announced on April 26,2007.
1. Revisions to first-half consolidated results forecasts for fiscal year ending March 2008
(million yen)
|
Revenue |
Operating
income |
Ordinary
income |
Net
income |
| Previous forecast (A) |
1,170,000 |
5,000 |
- 5,000 |
- 15,000 |
| Revised forecast (B) |
1,270,000 |
15,000 |
- 3,000 |
- 15,000 |
| Change in amount (B-A) |
100,000 |
10,000 |
2,000 |
- |
| Percentage change |
8.5% |
200% |
40% |
- |
(For reference)
Results for same period last fiscal year
(year ending March 2007) |
1,005,372 |
- 5,517 |
- 13,208 |
- 16,101 |
2. Reasons for revision to forecasts
The first-half consolidated results for the current fiscal year are expected to exceed the forecasts for revenue, operating income, and ordinary income originally announced on April 26, 2007 due to increases in unit sales volume, principally in overseas markets, and to favorable effects stemming from the weaker yen. The net income forecast is left unchanged because of expected increases in consolidated taxes.
The Company makes no changes to its consolidated forecasts for the full fiscal year at the current time because of uncertainties about domestic sales, as well as about currency movements and raw material costs.
