Isuzu 2006 Annual Report Download - page 2

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2
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 diligence when making investment
decisions.
C o n t e n t s
Our Vision 1
Positioned to Lead the Future 2
Consolidated Financial Highlights 4
Isuzu in Figures 5
Segment Information/2006 Production & Sales 6
Message from the President 8
Interview with the President 10
Isuzu Developments 12
Environmental & Social Responsibilities
14
Corporate Governance & Compliance Policy 16
Board of Directors
18
Financial Section
19
Five-Year Summary 20
MD&A 21
Consolidated Balance Sheets 24
Consolidated Statements of Income 26
Consolidated Statements of Shareholders‘ Equity 27
Consolidated Statements of Cash Flows 28
Notes to Consolidated Financial Statements 29
Report of Independent Auditors 40
Corporate Directory 41
History 42
Corporate Data 43
Tracing its roots back to 1916 as one of Japan’s oldest
automakers, Isuzu today strives to be a global market leader
in transportation, commercial vehicles, and diesel engines,
supporting our customers and respecting the environment
around the world. Not only does Isuzu manufacture the
best-selling light duty trucks in Japan, but in 2004 it led the
world in medium-duty truck production as well as being
one of only three manufacturers to produce over 90,000
units of medium and heavy-duty trucks in a single country.
Isuzu vehicles held the top spot in many markets around
the world, and in the US, truck dealers voted Isuzu the top
medium-duty truck brand in 2005 for the sixth time in the
past seven years.
Profile
From the beginning, Isuzu has focused on development
and manufacture of commercial vehicles and diesel engines
that contribute to people’s wellbeing. Our expansion of
operations across the globe means that Isuzu products now
benefit people in well over 100 countries.
Customers expect the same quality and performance of
our products regardless of country or region. We are meet-
ing this universal need for quality by developing standard-
ized products for the global market and providing a sophisti-
cated system of worldwide customer support.
Isuzu aspires to excellence in environmental performance
as well. Our diesel engines are some of the cleanest available
today, and we are developing eco-friendly vehicles to meet
the challenges of fossil fuel depletion and increasingly strin-
gent emissions regulations. Isuzu is dedicated to meeting the
challenges of tomorrow.
C2