News Release
November 2, 2009
Notice Concerning Revisions to Earnings Forecasts
Our company makes the following revisions to earnings forecasts announced on May 15, 2009, to reflect recent trends in earnings performance.
Revisions to forecasts for cumulative 2Q consolidated earnings of FY2009
(April 1 to September 30, 2009)
(Unit: Million Yen)
|
Net sales |
Operating |
Ordinary |
Net |
Earnings |
|---|---|---|---|---|---|
Previously announced forecasts (A) |
39,000 |
1,000 |
1,000 |
200 |
2.26 |
Newly revised forecasts (B) |
38,400 |
2,100 |
1,800 |
600 |
6.76 |
Difference (B-A) |
-600 |
1,100 |
800 |
400 |
- |
Change (%) |
-1.5％ |
110.0％ |
80.0％ |
200.0％ |
- |
Reference: Cumulative 2Q results from previous year (FY2008 1H) |
63,607 |
8,383 |
8,578 |
5,061 |
57.13 |
Revisions to full-year forecasts for consolidated earnings in FY2009
(April 1, 2009, to March 31, 2010)
(Unit: Million Yen)
|
Net sales |
Operating |
Ordinary |
Net |
Earnings |
|---|---|---|---|---|---|
Previously announced forecasts (A) |
83,000 |
5,000 |
5,000 |
2,200 |
24.82 |
Newly revised forecasts (B) |
83,000 |
6,100 |
5,800 |
2,600 |
29.33 |
Difference (B-A) |
- |
1,100 |
800 |
400 |
- |
Change (%) |
- |
22.0％ |
16.0％ |
18.2％ |
- |
Reference: Results from previous year (FY2008) |
110,041 |
11,016 |
10,627 |
4,686 |
52.89 |
Reasons for the revisions
Although consolidated net sales are expected to fall slightly short of our forecasts for the first two quarters of FY2009, operating income, ordinary income and net income are expected to surpass our original forecasts due to the effects of emergency measures to boost profits.
We revise upward full-year forecasts to account for the outperformance anticipated in the first half, but make no changes to our second-half forecasts because the outlook remains unclear despite recent trends indicating economic recovery.
The above forecasts were prepared based on information available as of the date this document was released. Actual results may differ from estimates due to various future events.
