Press　Information | NewsRelease


August 6, 2004

＜Reference for the 1st Quarter of FY2005 Consolidated Financial Results＞

(in 100 millions of yen)
(in thousands of units)

ACTUAL RESULTS
1st Quarter of FY 2004
Apr.2003 to Jun.2003

ACTUAL RESULTS
1st Quarter of FY 2005
Apr.2004 to Jun.2004

FORECAST
FY2005
Apr.2004 to Mar.2005

Net Sales

Domestic

Overseas

2,833
1,260
1,573

3,075

1,365

1,709

8.5%

8.4%

8.7%

14,700

6,800

7,900

2.1%

8.3%

△2.7%

Margin Percentage

Operating income

3.3%
92

0.0%
0

△99.0%

3.1%

450

△10.6%

Margin Percentage

Ordinary income

4.1%
117

0.8%

△78.9%

3.2%

470

△17.0%

Margin Percentage

Net income

2.1%
59

0.2%

△89.7%

2.2%

320

△17.2%

Analysis of
increase／decrease
in operating income

Gain factors
Reduction in costs	37
Decrease in R&D expenses	22


Loss factors
Increase of expenses and others	68
Foreign exchange	56
Decrease in sales mix	27

Gain factors
Reduction in costs	162
Increase in sales mix	27
Increase of expenses and others	6

Loss factors
Foreign exchange	238
Increase in R&D expenses	10

Exchange rate YEN／US$

199

107

R&D expenses

145

123

585

Interest bearing debt

－

4,072

4,100

Performance of operation

Net sales to increase
Net income to decrease

Domestic sales units

Small Cars

Minicars

49
20
29

10.3%

△0.7%

18.0%

282

110

172

14.8%

△1.4%

28.2%

Overseas sales units

North America

Europe

Others

57
36
11
10

18.7%

22.2%

0.4%

25.3%

329

222

7.7%

7.6%

7.5%

7.9%

Total sales units

106

122

14.8%

611

10.8%

SIA Isuzu SUVs units

△5.5%

△47.9%

*	Figures of Total Sales are the sum of retail sales units of the Japanese subsidiary dealers, wholesale units of the overseas subsidiary distributors, and wholesale units of FHI to other distributors/dearlers.
*	Analysis of increase/decrease in operating income and sales units for the fiscal year ending in March 2005 include the update to the plan in May,reflecting the recent situations.