July 23, 1998
Revision of Business Forecast
| 1. |
The previous business forecast concerning the fiscal year
ending March 31, 1999 (announced on May 25, 1998, along with the business
results of fiscal 1998) is revised as follows:
|
| (1) |
For the six-months ending September 30, 1998
| |
Unit |
Sales |
Ordinary income |
Net income |
| Previous forecast (A) |
In millions of yen |
65,400 |
3,600 |
1,300 |
| Revised forecast (B) |
In millions of yen |
57,000 |
2,000 |
800 |
| Difference (B) – (A) |
In millions of yen |
–8,400 |
–1,600 |
–500 |
| Percentage change |
% |
–12.8 |
–44.4 |
–38.5 |
|
| (2) |
For the full year ending March 31, 1999
| |
Unit |
Sales |
Ordinary income |
Net income |
| Previous forecast (A) |
In millions of yen |
132,200 |
7,600 |
3,400 |
| Revised forecast (B) |
In millions of yen |
119,000 |
5,200 |
2,400 |
| Difference (B) – (A) |
In millions of yen |
–13,200 |
–2,400 |
–1,000 |
| Percentage change |
% |
–10.0 |
–31.6 |
–29.4 |
|
| 2. |
The reason of the revision is as follows:
The economy in Japan and other Asian countries is continuing to stagnate
and, accordingly, our business results are predicted to result in lower
figures than indicated in the previous forecast.
|
| 3. |
Reference: Results of the previous fiscal year ended March
31, 1998.
| (In millions of yen) |
| |
Sales |
Ordinary income |
Net income |
| interim |
61,508 |
3,800 |
2,498 |
| Full year |
124,180 |
7,604 |
4,363 |
|
|
|
