Isuzu 2005 Annual Report Download - page 2

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Isuzu is moving forward on research and development in
the latest technologies for trucks, buses, pickup trucks and
diesel engines with a focus on cleaner, more environmentally
friendly diesel and hybrid technologies so that we can
offer products and services that satisfy the needs of our
customers around the globe with minimal environmental
impact. For the sake of the future of our planet, we are
working to develop clean diesel engines and promoting
the more widespread acceptance of vehicles that use low-
emission CNG and LPG fuels. We are also
forging ahead on the development of
clean energy vehicles such as ultra-low
PM emissions diesel vehicles, diesel-engine-based hybrid
vehicles, and vehicles that run on dimethyl ether (DME),
an alternative energy fuel. Isuzu is pouring a tremendous
amount of effort into this research and development, and
making a broad
contribution to
society through the
resulting advances in
vehicle technology.
Forward-Looking Statements
This annual report contains forward-looking statements
about Isuzu Motors Limited’s plans, strategies, beliefs and
future performances. These forward-looking statements
are based on current expectations, estimates, forecasts and
projections about the industries in which Isuzu Motors Limited
operates, and management’s beliefs and assumptions. As the
expectations, estimates, forecasts and projections are subject
to a number of risks, uncertainties and assumptions, actual
results may differ materially from those projected. Isuzu urges
readers to exercise due divergence/discretion when making
investment decisions.
Isuzu Technology
Contents
Isuzu Around the World 01
Isuzu Technology 03
Profile 04
Consolidated Financial Highlights 05
Message from the President 06
The Mid-Term Business Plan 08
Isuzu Developments 10
Environmental & Social Responsibilities
12
Corporate Governance
14
Financial Section
15
Five-Year Summary 16
MD&A 17
Consolidated Balance Sheets 20
Consolidated Statements of Operations 22
Consolidated Statements of Shareholders‘ Equity 23
Consolidated Statements of Cash Flows 24
Notes to Consolidated Financial Statements 25
Report of Independent Auditors 36
Corporate Directory 37
Board of Directors 38
Corporate Data 39
03