Toyo Tire & Rubber Co., Ltd. has made the following revisions to its consolidated and non-consolidated performance forecasts for the interim period (Apr. 1 -Sep. 30, 2006) of the fiscal year ending March 31, 2007, which were released on August 10, 2006.


1.Revisions to the consolidated performance forecast for the interim period (Apr. 1- Sep. 30, 2006) of the fiscal year ending March 31, 2007

(Unit: ¥ million)

Net sales; Ordinary income Net income Previously announced forecast (A) (Released on August 10, 2006) 149,000 2,800 7,800 Revised forecast (B) 145,000 4,400 8,600 Difference (B-A) -3,300 1,600 800 Percentage change -2.2% 57.1% 10.3% Results from the previous interim period of the fiscal year ending March 31, 2006 141,352 5,687 2,190

2. Revisions to the non-consolidated performance forecast for the interim period (Apr. 1 - Sep. 30, 2006) of the fiscal year ending March 31, 2007

(Unit: ¥ million)

Net sales Ordinary income Net income Previously announced forecast (A) (Released on August 10, 2006) 118,900 4,600 5,000 Revised forecast (B) 119,500 6,000 5,400 Difference (B-A) 600 1,400 400 Percentage change 0.5% 30.4% 8.0% Results from the previous interim period of the fiscal year ending March 31, 2006 114,032 5,616 2,917

3. Reasons for the revisions
A greater-than-expected depreciation of the yen and the benefits of our cost reduction efforts have caused ordinary income and net income to exceed their August 10, 2006 forecasts on both a consolidated and non-consolidated basis.

4. Remarks
Toyo Tire & Rubber plans to announce revised whole-year performance forecasts at the time of announcement of the semiannual settlement on November 14, 2006.

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