February 10, 2004

Reference for the 3rd Quarter of FY2004 Consolidated Financial Results

(in 100 millions of yen)
(in thousands of units)
  ACTUAL RESULTS
3rd Quarter of FY2004

(April to December, 2003)
ACTUAL RESULTS
FY2003(April 2002 to March 2003)
(% yoy basis)
FORECAST
FY2004(April 2003 to March 2004)
(% yoy basis)
Net Sales
(in 100 million yen)
Domestic
Overseas
10,283

4,328
5,954
13,723

5,992
7,730
0.7%

-5.1%
5.7%
14,300

6,500
7,800
4.2%

8.5%
0.9%
Domestic Sales
(in thousand unit)
Passenger Cars
Minicars
166

77
89
246

103
143
-7.1%

-4.6%
-8.8%
259

115
145
5.7%

11.9%
1.2%
Overseas Sales
(in thousand unit)
North America
Europe
Other
219

146
40
34
295

210
41
44
5.7%

1.5%
27.7%
9.9%
300

205
51
44
1.9%

-2.5%
24.0%
1.9%
Total sales 385 540 -0.5% 560 3.6%
SIA Isuzu SUVs 19 - 25 -

Figures of Total Sales are including retail sales of consolidated domestic subsidiaries,
wholesales of overseas distributors and also FHI's wholesales to other affiliates.