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7
Isuzu Motors Limited ■ Annual Report 2012
For the fiscal year ending in March 2013, Isuzu forecasts
financial results based on expected increases of sales volume as
follows: net sales of ¥1,630.0 billion, up ¥229.9 billion year on
year; operating income of ¥123.0 billion, up ¥25.6 billion from
the previous year; ordinary income of ¥127.0 billion, up ¥24.1
billion from the previous year; and net income of ¥81.0 billion,
down ¥10.3 billion year on year.
Mid-term Business Plan (April 2011 to March 2014)
Last November, in anticipation of FY2016, we announced
a new Mid-term Business Plan (April 2011 to March 2014).
The plan focuses on the establishment of and transition to a
“Global Three Core Business Organization” which includes the
CV (Commercial Vehicle) business for emerging markets, in
addition to the existing Japan-based CV business and Thailand-
centered LCV (Pick-up and Pick-up derivative) business.
Isuzu’s vision in the new business plan is “aiming at excellence
in respecting the environment to meet the demands of society,
maximizing vehicle operating rates and minimizing life-cycle
Susumu Hosoi
President & Representative Director
costs to meet customer’s needs” to develop “eco-friendly
products” and “products meeting specific needs of emerging
markets.” It sets a growth strategy for emerging markets and
maintaining our business in advanced markets.
During the fiscal year ending March 2013, we will steadily
pursue initiatives to “establish and transition to a Global Three
Core Business Organization” to achieve our objectives of
“ASEAN CV No. 1”, “Stabilization of Business in Japan” and
“Enhancement and Expansion of LCV Business”, set forth in
the Mid-term Business Plan which was adopted to facilitate the
company’s continued expansion and development.
Going forward, I trust that we at Isuzu Motors Limited will
continue to enjoy your understanding and support in even
greater measure.